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Listed price in listed location currency (USD).
$125,000

420

MLS® 952424

Overview

Key Facts

Type Multi Family
Levels Residential Income
Size 2068 sqft
Garage No
Taxes 
Days Active 1
Lot Size 0.1109 acres
Approx. Age 1898
Avg. Price Per Sqft $60
MLS® Number 952424

Property Address: 424-424 1/2 N Shaffer Street, Springfield, OH, 45504

Average square foot calculated using Size range provided by listing agent.

Description

Attention investors--424-424 1/2 N. Shaffer St presents a strong opportunity to acquire an affordable property with solid upside potential. Located in an established neighborhood of Springfield, this home offers the kind of price point and positioning that makes sense for both seasoned investors and those looking to expand their rental portfolio. The property features a practical layout with comfortable living space and a manageable footprint, helping to keep renovation and ongoing maintenance costs in check. With strategic updates and improvements, there is clear potential to increase value and maximize rental income. The area continues to see steady demand for affordable housing, supporting consistent tenant interest and long-term investment stability. Conveniently situated near local amenities, shopping, dining, and major roadways, the location enhances rental appeal and accessibility. Whether you are looking for your next buy-and-hold property, a light value-add project, or a cost-effective entry into the Springfield market, this duplex offers compelling investment potential. 424 N. Shaffer St and 705-705 1/2 Grant St can also be purchased as a package. Upstairs tenant pays $1100 per month with matching deposit, prefers to stay. Upstairs unit was recently updated with new paint, floors and new appliances installed. Downstairs unit currently being rehabbed, tenant recently vacated. Curbside offers only, please do not disturb tenants.
MLS® Number952424
Laundry Level
Central VacNo
FireplaceNo
Acreage0.1109
Exterior
GarageNo
Approx. Age1898
BasementPartial
DrivewayNo Garage
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 18, 2026List Date
$125,000List Price

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