424 Shaffer St, Springfield, OH

Real Estate

For Sale

Listed price in listed location currency (USD).

$125,000

320

MLS® 1043836

Overview

Key Facts

Type Multi Family

Levels Residential Income

Size 2068 sqft

Garage No

Taxes $478

Days Active 2

Lot Size 0.11 acres

Approx. Age 1898

Avg. Price Per Sqft $60

MLS® Number 1043836

Property Address: 424 Shaffer St, Springfield, OH, 45504-2430

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, 424-424 1/2 N Shaffer 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® Number1043836

Laundry Level

Central VacNo

FireplaceNo

Acreage0.11

Exterior

GarageNo

Approx. Age1898

BasementCrawl Space, Partial

DrivewayNo Garage

Garage Spaces0

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Feb 18, 2026List Date

$125,000List Price

Map

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