Property Description

Investor opportunity on the north side of town with strong rental potential and built-in flexibility.This side-by-side duplex offers two spacious units, each featuring three bedrooms with a functional layout that supports long-term tenant demand. Both units include a living room, dining room, and kitchen, creating comfortable and practical living spaces that appeal to a wide range of renters.Both units include an unfinished basement with washer and dryer hookups, adding everyday convenience for tenants and increasing overall rental appeal.Utilities are separated for gas and electric, allowing for simplified management, while the owner currently covers water, sewer, and trash. Both units are occupied on month to month leases, offering flexibility for investors looking to adjust rents, reposition the property, or maintain current occupancy.Whether you are looking to expand your portfolio or secure a property with immediate income potential, this is a practical investment with reliable upside.

462-464 E Cecil Street | MLS# 1045012

This multi-family property located at 462-464 E Cecil Street, Springfield, OH 45503 is currently listed for sale with an asking price of $149,900. 462-464 E Cecil Street is located within the Springfield school district. Search Springfield real estate on 7030hanbysloop.cutlerhomes.com today.

Property Features

Property Type: Multi Unit - Multiple

Basement: Unfinished

Cooling: Other

Days on Market: 28

Garage: Detached

Garage: 2

Heating: Forced Air

Lot Size: 0.16 Acres

Stories: 2.0

Taxes: $2,317

Year Built: 1916

Amenities

Ceiling Fan(s)

Feature Descriptions

Exterior: Asbestos

Fireplace: Decorative

Lot: Residential Lot

Lot Dimensions: 50x142

Parcel ID: 3400700035208012

Sewer: Public Sewer

Special Features: Handicap Facilities, Homeowner Warranty

Utilities: Natural Gas Connected, Sewer Connected

Water: Supplied Water

Local Schools

School District: Springfield

Demographics

Clark County Demographic Information for 462-464 E Cecil Street, Springfield, OH 45503

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

$ 998.73 per month $761.92 Principal & Interest $193.08 Property Tax $43.72 Homeowner's Insurance

Change Payment Information

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462-464 E Cecil StreetSpringfield, OH 45503