Lisa Brondes
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1501 E High Street, Springfield, OH 45505

$229,500
  • 1501 E High Street, Springfield, OH 45505 Main Photo

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New to the Market Active
BEDS7 BATHS2 full 1 partial SQUARE FEET4,058 MLS#966385
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLSpringfield

Property Description

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 bathUnit 202 - 4 beds/1.5 bathsEach 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 flowLarge unit layoutsStable occupancyOpportunity to formalize leases and optimize operations

1501 E High Street | MLS# 966385

This multi-family property located at 1501 E High Street, Springfield, OH 45505 is currently listed for sale with an asking price of $229,500. E High Street is located within the Springfield school district. Search Springfield real estate on lisabrondes.ikeyrealty.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central
Heating: Forced Air
Lot Size: 0.17 Acres
Taxes: $2,600
Year Built: 1901

Feature Descriptions

Basement Features: Unfinished
Exterior: Vinyl
Garage Features: 4 or More
Lot Dimensions: 50x150

Local Schools

School District: Springfield

Listed By / Shown By

Listed By

Agency Name: Red 1 Realty
Agency Phone: (614) 585-9020

Shown By

Agent Name: Lisa Brondes
Agent Phone: (419) 283-6633
Agency Title: Key Realty

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Estimated Payment

$ 1,567.36 per month $1,283.76 Principal & Interest $216.67 Property Tax $66.94 Homeowner's Insurance

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