517 Broadway St Springfield, OH 45504
Estimated payment $468/month
Highlights
- 0.48 Acre Lot
- No HOA
- Forced Air Heating System
About This Home
LAND CONTRACT OPTION! Located at 517-515 W Broadway Ave in Springfield, this is the kind of opportunity buyers look for when they are ready to take that first real step into real estate. Walk through this property and start thinking about what it could become. It is currently set up as a single-family home, but the layout was previously used as a two-family and may offer the potential to be converted back, subject to buyer verification of zoning, permits, and intended use. With approximately 1,884 square feet, four bedrooms, two full bathrooms, a full basement, and nearly half an acre, there is room here to build something that fits your plan.Land contract terms are available, creating an alternative path to ownership that may allow you to move forward without traditional financing, subject to agreed terms and buyer qualification. For buyers looking to get started or expand, this property may support a range of approaches such as house hacking with potential rental use, exploring a BRRRR strategy, or creating a long-term rental setup. The real value here is the ability to step in, make improvements over time, and shape the property around your goals, all subject to your own due diligence and verification.Opportunities offering flexible terms and multiple potential paths like this are not always easy to find.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $526
Year Built
- Built in 1891
Lot Details
- 20,909 Sq Ft Lot
- Lot Dimensions are 146x143
Parking
- No Garage
Home Design
- Vinyl Siding
Interior Spaces
- 1,884 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Basement
- Basement Fills Entire Space Under The House
- Block Basement Construction
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
Community Details
- No Home Owners Association
- 2 Units
Listing and Financial Details
- Assessor Parcel Number 3400600005413023
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $497 | $11,810 | $8,900 | $2,910 |
| 2024 | $485 | $9,810 | $7,690 | $2,120 |
| 2023 | $485 | $9,810 | $7,690 | $2,120 |
| 2022 | $500 | $9,890 | $7,770 | $2,120 |
| 2021 | $449 | $8,170 | $6,420 | $1,750 |
| 2020 | $450 | $8,170 | $6,420 | $1,750 |
| 2019 | $451 | $8,170 | $6,420 | $1,750 |
| 2018 | $201 | $3,500 | $1,750 | $1,750 |
| 2017 | $201 | $8,960 | $7,553 | $1,407 |
| 2016 | $516 | $8,960 | $7,553 | $1,407 |
| 2015 | -- | $9,062 | $7,553 | $1,509 |
| 2014 | $262 | $9,062 | $7,553 | $1,509 |
| 2013 | $262 | $9,062 | $7,553 | $1,509 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/20/2026 04/20/26 | For Sale | $80,000 | -- | $42 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $35,500 | None Listed On Document | |
| Special Warranty Deed | $12,000 | -- | |
| Special Warranty Deed | $12,000 | None Listed On Document | |
| Land Contract | $12,000 | None Available | |
| Warranty Deed | $10,000 | Attorney | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $11,200 | Land Contract Argmt. Of Sale |
Source: Western Regional Information Systems & Technology (WRIST)
MLS Number: 1045087
APN: 34-00600-00541-3023
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Ask me questions while you tour the home.