1501 East High Street

Springfield, OH 45505

$239,500
Price
3
Beds
—
Baths
4,058 Sq. Ft.
$59 / Sq. Ft.
4,058
Sq. Ft.
$59
per Sq. Ft.
Get preapproved with Rocket Mortgage1
023
002
003
005
007
008
009
010
011
012
013
014
015
016
017
018
019
020
021
025
027
028
029
031
033
034
035
036
037
038
039
040
041
042
043
044
045
046
047
048
051
IMG_20260421_141443 (1)
IMG_20260421_141443
Screenshot_20260421_141707_Dropbox
IMG_20260425_145152

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...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
  1. Listed by Kelvin Hernandez • Brokerage DRE #2019000205 • Red 1 Realty
    P: (614)-779-4621 C: (614)-779-4621 realtorkelvinhernandez@gmail.com

Amenities

  • Central AC
  • Electricity Included
  • Forced Air
LISTING UPDATED: 06/01/2026 01:43 PM

Property Details for 1501 East High Street

StatusActive
MLS #226012601
Days on Market79
Taxes$2,468 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti-Family / Duplex
Year Built1901
Lot Size0.17 AC / 7,405 SF
CountyClark County
Get preapproved with Rocket Mortgage1

Location

Listing Courtesy of Red 1 Realty
Add your commute

Building Information for 1501 East High Street

Stories-Residences2Year Built1901Building Size-Lot Size0.17 AC / 7,405 SF

Payment Calculator

Get preapproved with Rocket Mortgage1

$1,399 per month

30 year fixed, 6.36% Interest

Principal and Interest

$1,193

Property Taxes

$206

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 1501 East High Street

Summary
Location and General Information
  • Longitude: -83.787097
  • Latitude: 39.920961
  • Cross Street: Main
  • Corp Limit Per Auditor: Springfield
  • Between Street: High
Taxes and HOA
  • Parcel Number: 3400700028204001
  • Tax Year: $2,025.00
  • Tax District: 340
  • Tax Abatement: No
School Information
  • High School District: SPRINGFIELD CSD 1206 CLA CO.
Parking
  • Parking Total: 8.0
  • Parking Features: Shared Driveway
Property
Lot Information
  • Lot Size Square Feet: 7405.2
  • Lot Size Acres: 0.17
  • Lot Size Area: 0.17
  • Lot Size (Front): 50
  • Lot Size (Side): 150
Property and Assessments
  • Year Built: 1901
  • Built Prior to 1978: Yes
  • Miscellaneous: Basement
Building Features
  • Construction Materials: Vinyl Siding
  • # of Buildings: 1.0
  • Building Sqft: 4058.0
Utilities
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Cooling: Central Air
  • Has Cooling: Yes
  • Heating: Forced Air
  • Heat Fuel: Gas
Multi Family
Multi Family Information
  • Total Number Of Units: 2.0
  • Occupancy Rate: 100.00%
Income & Expenses
  • Gross Income: $36,000
Rental
Rent Information
  • 3 Bedroom: 3 Bedroom # of Units: 1.0
  • 3 Bedroom: 3 Bedroom Month Rent Per Unit: $1,500.00
  • Other # of Units: 1.0
  • Other Month Rent Per Unit: $1,500.00
Tenant Information
  • Tenant Pays: Electricity, Gas, Sewer, Water

Property History for 1501 East High Street

DateEvent & SourcePriceAppreciation
Jun 1, 2026

Price Change

Columbus and Central Ohio Regional MLS #226012601

$239,500—
Apr 17, 2026

Listed (Active)

Columbus and Central Ohio Regional MLS #226012601

$259,900—
Aug 22, 2023

Permanently Off Market

Columbus and Central Ohio Regional MLS #223018848

$268,000—
DateEvent & SourcePrice
06/01/2026

Price Change

Columbus and Central Ohio Regional MLS #226012601

$239,500
04/17/2026

Listed (Active)

Columbus and Central Ohio Regional MLS #226012601

$259,900
08/22/2023

Permanently Off Market

Columbus and Central Ohio Regional MLS #223018848

$268,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1501 East High Street

Taxable ValueLand$2,990Additions$45,090Total$48,080
Tax Record2025$328 ($27 / month)
Home Facts
Baths2.5Total Finished SqFt4,058 SqFtAbove Grade Finished SqFt4,058 SqFtStories2Lot Size7,501 SqFtStyleDuplexYear Built1901Year Renovated1990CountyCLARKAPN340-07-00028-204-001

Schools near 1501 East High Street

This home is within Springfield City School District.
Rating
School
Type
Grades
Distance
Mann Elementary School
Public - K to 6
Schaefer Middle School
Public - 7 to 8
Springfield High School
Public - 9 to 12
Springfield School of Innovation
Public - 9 to 12
Rating
School
Distance
Mann Elementary School
PublicK to 6

Schaefer Middle School
Public7 to 8

Springfield High School
Public9 to 12

Springfield School of Innovation
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Explore Nearby Homes

More information about 1501 East High Street, Springfield, OH 45505

1501 East High Street is a multi-family home for sale in Springfield, OH 45505. This property was listed for sale on April 17, 2026 by Red 1 Realty, it's currently listed at $239,500. It has been on the market for a total of 79 days and was last sold on July 10, 2020. This listing's school district is Springfield City School District. Nearby schools include Mann Elementary School, Schaefer Middle School and Springfield High School. 1501 East High Street is a 3-bed, 0-bath, 4,058 sqft multi-family home built in 1901.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Red 1 Realty

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.