1501 E High Street, Springfield, OH 45505
Local realty services provided by:ERA Martin & Associates
1501 E High Street,Springfield, OH 45505
$229,500
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: kelvin hernandez
Office: red 1 realty614-585-9020
MLS#:226012601
Source:OH_CBR
Price summary
- Price:$229,500
About this home
Cash-flowing 4,000+ sqft duplex with oversized units and strong in-place income!
**$5,000.00 CLOSING CREDIT**
This fully occupied duplex generates $1,500/month per unit ($3,000/month) 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...
Contact an agent
Home facts
- Year built:1901
- Listing ID #:226012601
- Added:116 day(s) ago
- Updated:August 08, 2026 at 03:24 PM
Heating and cooling
- Heating:Forced Air
- Central air:Yes
Structure and exterior
- Year built:1901
- Lot area:0.17 Acres
Finances and disclosures
- Price:$229,500
- Tax amount:$2,468
Parking
- Total parking spaces:8
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