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1501 E High St, Springfield, OH 45505

  • $239,500

  • bed

  • bath

Multi-family for sale 46 days
$4.4K price drop
Movoto is helping 58 homebuyers near you

About 1501 E High St

Property type Multi-family
Year built 1901
HOA fee $0/month
Lot size 7,405 Sqft
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
Listed by
Listing Agent - Kelvin Hernandez
Listing Agent Contact: 614-585-9020
Listing Office - Red 1 Realty
Source: Columbus and Central Ohio Regional MLS mls logo
MLS#226012601 • last updated 1 day ago
Movoto checked Columbus and Central Ohio Regional MLS for data 11 minutes ago
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Overview
Cooling/AC Central Air
Heating Forced Air
MLS # 226012601
Status Active
SubType Duplex
Lot Size (SqFt) 7405.2
Lot Size (Acres) 0.17
Property Tax 2468
Year Built 1901
Interior
Exterior
# of Parking Spaces 8
Amenities / Utilities
Water Source Public
Location
High School District SPRINGFIELD CSD 1206 CLA CO.
APN 3400700028204001
Multifamily Details
Total # of Units 2
Gross Income 36000
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Source: GreatSchools.org © 2026. All rights reserved.

Around the neighborhood

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Walk
82/100
Family
39/100
Dining
72/100
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  • Real Estate
  • OH
  • Clark County
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  • 45505
  • 1501 E High St

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