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About This Home
This 3-bedroom, 0-bathroom residential multi family at 1501 E High Street in Springfield, OH is listed for $243,900. Built in 1901, on a 0.17 acres lot.
Cash-flowing 4,000+ sqft duplex with oversized units and strong in-place income! This fully occupied duplex generates $1,500/month per unit with long-term tenants in place who wish to remain, offering immediate and stable cash flow from day one. Unit 1501 - 3 beds/1 bath Unit 202 - 4 beds/1.5 baths Each unit features approximately 2,000 square feet
of living space (to seller's best knowledge), significantly larger than typical duplex units, making this a highly desirable rental option in the Springfield market. The property also includes a spacious parking area accommodating 8 vehicles, adding convenience for tenants and long-term rental appeal.
Tenants are currently on month-to-month arrangements, providing flexibility for new ownership while maintaining proven rental history (per seller). Property is in functional condition and positioned as a strong investment opportunity with stability. Ideal for investors seeking: Strong cash flow Large unit layouts Stable occupancy Opportunity to formalize leases and optimize operations
Key Features
- Built in 1901
- 0.17 acre lot
- 8 parking spaces
Property Details
Amenities
Monthly Cost Estimate
$1,304/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1501 E High Street
Springfield, OH 45505
Property Details
Heating
Cooling
Questions & Answers
This 3-bedroom, 0-bathroom residential multi family at 1501 E High Street is listed at $243,900. The estimated monthly payment is $1,057 based on 20% down at 6.5% interest.
Key features include: Built in 1901, 0.17 acre lot, 8 parking spaces.
This property is listed by Kelvin Hernandez and can be reached at 6147794621 or realtorkelvinhernandez@gmail.com.
