44
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$259,900
Est. payment /mo
7,405 Sqft Lot
New
1501 E High Street Springfield, OH 45505
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Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 226012601
Year Built 1901
Annual Tax Amount $2,468
Lot Size 7,405 Sqft
Lot Dimensions 0.17
Property Sub-Type Duplex
Source Columbus and Central Ohio Regional MLS
Property Description
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
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
Location
State OH
County Clark
Area 0.17
Rooms
Other Rooms None
Dining Room No
Interior
Heating Forced Air
Cooling Central Air
Equipment No
Laundry No Laundry Rooms
Schools
High Schools Springfield Csd 1206 Cla Co.
School District Springfield Csd 1206 Cla Co.
Others
Tax ID 3400700028204001
Acceptable Financing Other, Conventional
Listing Terms Other, Conventional
Listed by Kelvin Hernandez Red 1 Realty
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