$125,000

705-705 1/2 Grant St Unit 705 Springfield, OH 45504

Estimated payment $774/month

4 Beds
2 Baths
1,556 Sq Ft
$80 Price per Sq Ft

Highlights

  • Wood Frame Window
  • Window Unit Cooling System
  • Forced Air Heating System
  • 1 Car Detached Garage

About This Home

Attention investors--705-705 1/2 N. Grant St presents a strong opportunity to acquire an affordable property with solid upside potential. Located in an established neighborhood of Springfield, this home offers the kind of price point and positioning that makes sense for both seasoned investors and those looking to expand their rental portfolio. The property features a practical layout with comfortable living space and a manageable footprint, helping to keep renovation and ongoing maintenance costs in check. With strategic updates and improvements, there is clear potential to increase value and maximize rental income. The area continues to see steady demand for affordable housing, supporting consistent tenant interest and long-term investment stability. Conveniently situated near local amenities, shopping, dining, and major roadways, the location enhances rental appeal and accessibility. Whether you are looking for your next buy-and-hold property, a light value-add project, or a cost-effective entry into the Springfield market, this duplex offers compelling investment potential. 705-705 1/2 Grant St and 424 N. Shaffer St and can also be purchased as a package. Both tenants pay $750, no deposits. Upstairs unit was updated 2 yrs ago with new paint, floors and new appliances installed. Downstairs unit currently being rehabbed. Curbside offers only, please do not disturb tenants.

Listing Agent

Leslie Wade

Glasshouse Realty Group Brokerage Phone: (937) 901-3985 License #2015001555 Listed on: 02/18/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • 1913

Lot Details

  • 5,206 Sq Ft Lot
  • Lot Dimensions are 38x137

Parking

  • 1 Car Detached Garage
  • On-Street Parking

Home Design

  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 1,556 Sq Ft Home
  • 2-Story Property
  • Wood Frame Window
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Laminate Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 3400600005408009

Community Details

Overview

  • 2 Units
  • Johnson Subdivision

Building Details

  • Gross Income $18,000
  • Net Operating Income $15,800

Property Details

Home Type

Multi-Family

Year Built

1913

Lot Details

0

Parking

1

Listing Details

  • Major Appliances: Range
  • Cooling System: Window Unit(s)
  • Property Sub Type: Multi Family
  • Year Built: 1913
  • Attribution Contact: (937) 901-3985
  • Lot Size Acres: 0.1195
  • Co List Office Phone: (937) 901-3985
  • MLS Status: Active
  • Living Area: 1556.0
  • Window Features: Wood Frames
  • Master Plan Zoning: Residential
  • Property Sub Type Additional: Multi Family
  • Special Features: None

Interior Features

  • Interior Amenities: Laminate Counters
  • Basement: Full, Unfinished
  • Garage Spaces: 1.0
  • Property Type: Residential Income
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Stories: 2

Exterior Features

  • Construction Type: Aluminum Siding, Vinyl Siding

Garage/Parking

  • Attached Garage: No
  • Attached Garage: Yes
  • Parking Features: Detached, Garage, One Car Garage, On Street

Utilities

  • Heating: Forced Air, Natural Gas
  • Utilities: Natural Gas Available, Sewer Available, Water Available
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Junior High Dist: Springfield

Lot Info

  • Lot Dimensions: 38x137
  • Lot Size Sq Ft: 5206.0
  • Parcel Number: 3400600005408009
  • Zoning Description: Residential

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Annual Gross Income: 18000.0
  • Property Net Operating Income: 15800.0
  • Number Of Units Total: 2

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/18/2026 02/18/26 For Sale $125,000 -- $80 / Sq Ft
Source: Dayton REALTORS®

About the Listing Agent

Leslie Wade

Glasshouse Realty Group

(326) 222-3067

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Source: Dayton REALTORS®

MLS Number: 952421

Dayton REALTORS®
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