Property Description

Investor-focused opportunity with rental income already in place. This 3-bedroom Cape Cod is currently rented for 1100 per month and offers a strong list of major maintenance updates. With 1,183 square feet, a basement for easy storage, and a well-maintained overall condition, this property is positioned for buyers looking for a straightforward addition to their portfolio. Recent improvements include a new roof, new sump pump, new hot water heater, rebuilt furnace, and new kitchen cabinets—the kind of updates that help reduce capital expense and support more predictable ownership. Outside, the privacy-fenced backyard has usable outdoor space, and the vacant lot adjacent to the property provides added separation and a more open setting. Whether you are expanding your rental portfolio or securing your first single-family investment, this property offers existing rental income with many key updates already in place. Tenant occupied; please do not disturb tenants. Minimum 24-hour notice required for showings.

371 Hensel Avenue | MLS# 956988

This single family home located at 371 Hensel Avenue, Springfield, OH 45505 is currently listed for sale with an asking price of $107,900. This property was built in 1911 and has 3 bedrooms and 1 full baths with 1183 sq. ft. Hensel Avenue is located in the Puckett subdivision within the Springfield school district. Search Puckett real estate on 7030hanbysloop.cutlerhomes.com today.

Property Features

Property Type: Residential - Single Family

Basement: Yes

Cooling: Central, Other

Days on Market: 12

Fenced: Yes

Heating: Forced Air, Natural Gas

Lot Size: 0.13 Acres

Taxes: $1,260

Year Built: 1911

Feature Descriptions

Basement Features: Partial

Exterior: Frame, Vinyl

Lot Dimensions: 45*125

Outside Features: Fence, Porch

Room Sizes

Bedroom: 10 X 9 Level - Main

Bedroom: 9 X 8 Level - Second

Local Schools

School District: Springfield

Market Trends

Clark County Residential Market Trend Graphs

Zip Code 45505

Source: Delta Media Group, Inc.

Demographics

Clark County Demographic Information for 371 Hensel Avenue, Springfield, OH 45505

Fips

Fips Code 39023

Population

2020 to 2025 Change down 0.5%

2010 Count 138,333

2020 Count 136,001

2025 Estimate (V2025) 135,340

2020 Estimate (V2025) 135,971

Age Distribution (Years Old)

0 to 4 5.8%

5 to 17 22.1%

18 to 64 50.8%

65 and Older 21.3%

Gender

Male 49.1%

Female 50.9%

Place of Birth

Foreign 2.6%

US 97.4%

Education

High School Graduate, Age 25+ 89.0%

Bachelor's Degree or Higher, Age 25+ 20.2%

Computer and Internet use

Households with a computer 94.4%

Households with a broadband Internet subscription 90.4%

Language

English is Second Language, Age 5+ 4.2%

English is First Language, Age 5+ 95.8%

Veterans

Veterans 9,204

Income

Per Capita Income $33,791

Median Household Income $63,132

People in Poverty 14.1%

Commute

Average Work Commute Time 24 minutes

Housing

Total Housing Units 61,154

Households 55,975

Average Household Size 2.37

Owner-Occupied 69.4%

Multi-Family 15.5%

Owner-Occupied Median Value $169,900

Median selected monthly owner costs -with a mortgage $1,262

Median selected monthly owner costs -without a mortgage $523

Median gross rent $872

Building Permits

New Private Housing Issued 2024 232

Years at Residence

1 Year or More 88.1%

Less Than 1 Year 11.9%

Business and Employment

Private non-farm Establishments 2,196

Private non-farm Employment 42,831

Private non-farm Employment Growth down 3.2%

Nonemployer Establishments 7,662

Number of Firms 1,640

Business Production

Value of Shipments $2,405,696,000

Wholesale Trade $1,808,100,000

Retail Trade $1,411,399,000

Retail Sales Per Capita $11,235

Accommodation and Food Services $207,893,000

Land

Land Area 397.47 sq. miles

Population Per Square Mile 348

Source: US Census Bureau

Estimate Your Payment

Estimated Payment

$ 684.91 per month $548.44 Principal & Interest $105.00 Property Tax $31.47 Homeowner's Insurance

Change Payment Information

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371 Hensel AvenueSpringfield, OH 45505