1501 E High Street, Springfield, OH 45505
New Listing
$259,900
Property Type:
Multi-Family
Lot Size (sq. ft.):
7,405
Status:
Active
Current Price:
$259,900
List Date:
4/17/2026
Last Modified:
4/17/2026
Overview
Description
Cash-flowing 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 bath
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 4+ 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
Listing Details MLS# 226012601
Location Property Info
- Original List Price
- 259900
- Property Sub Type
- Duplex
- Street #
- 1501
- Street PreDirection
- E
- Street Name
- High
- Street Suffix
- Street
- County
- Clark
- State
- OH
- Zip Code
- 45505
- School District
- SPRINGFIELD CSD 1206 CLA CO.
- Township
- None
OfficeContract Info
- MLS Entry Date
- 2026-04-17
General Property Info
- Number of Units
- 2
- Building Sqft
- 4058
- Year Built
- 1901
- Built Prior to 1978
- Yes
- Lot Size (Side)
- 150
- Acreage
- 0.17
Tax Info
- Parcel #
- 3400700028204001
- Tax Year
- 2025
- Tax Abatement
- No
- Taxes (Yrly)
- 2468
3 Bedroom
- 3 Bedroom # of Units
- Yes
- 3 Bedroom Month Rent Per Unit
- 1500
Other
- Other # of Units
- Yes
- Other Month Rent Per Unit
- 1500
More Information
Auction Info
- Auction/Online Bidding Y/N
- No
Location & Property Info
- List Price/SqFt
- 64.05
- City (Mailing Addr)
- Springfield
- Corp LimitPerAuditor
- Springfield
Office/Contract Info
- For Sale
- Yes
- Exchange
- No
Remarks & Misc
- Property Description
- Cash-flowing 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 bath 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 4+ 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
Income/Expenses
- Gross Income
- 36000
- Net Operating Income
- 0
- Total Expenses
- 0
Addl Acceptance Cond
- None Known
- Yes
Heat Fuel
- Gas
- Yes
Water Source
- Public
- Yes
Services Available
- Electricity Available
- Yes
- Natural Gas Available
- Yes
- Sewer Available
- Yes
- Water Available
- Yes
Miscellaneous
- Basement
- Yes
Tenant Pays
- Gas
- Yes
- Sewer
- Yes
- Water
- Yes
- Electricity
- Yes
Heating
- Forced Air
- Yes
New Financing
- Conventional
- Yes
- Other
- Yes
MLS Primary PhotoSrc
- Realtor Provided
- Yes
Property Features
Addl Acceptance Cond:
None Known
Tenant Pays:
Electricity; Gas; Sewer; Water
Heat Fuel:
Gas
Heating:
Forced Air
Water Source:
Public
Services Available:
Electricity Available; Natural Gas Available; Sewer Available; Water Available
Miscellaneous:
Basement
New Financing:
Conventional; Other
MLS Primary PhotoSrc:
Realtor Provided
Listing Office:
Red 1 Realty
Listing Agent:
Kelvin Hernandez
Last Updated: April - 17 - 2026
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