517 Broadway StreetSpringfield, OH 45504

517 Broadway StreetSpringfield, OH 45504

1/29 Fullscreen
$80,000 Active
Multi Unit - Multiple MLS 1045087
4 beds 20 Bathrooms 1,884 sqft

Listed By

Agency Name: Coldwell Banker Heritage
Agency Phone: (937) 322-0352
Agent Name: Tim Sisler

Shown By

Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575

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Property Description

LAND CONTRACT OPTION! Located at 517-515 W Broadway Ave in Springfield, this is the kind of opportunity buyers look for when they are ready to take that first real step into real estate. Walk through this property and start thinking about what it could become. It is currently set up as a single-family home, but the layout was previously used as a two-family and may offer the potential to be converted back, subject to buyer verification of zoning, permits, and intended use. With approximately 1,884 square feet, four bedrooms, two full bathrooms, a full basement, and nearly half an acre, there is room here to build something that fits your plan.Land contract terms are available, creating an alternative path to ownership that may allow you to move forward without traditional financing, subject to agreed terms and buyer qualification. For buyers looking to get started or expand, this property may support a range of approaches such as house hacking with potential rental use, exploring a BRRRR strategy, or creating a long-term rental setup. The real value here is the ability to step in, make improvements over time, and shape the property around your goals, all subject to your own due diligence and verification.Opportunities offering flexible terms and multiple potential paths like this are not always easy to find.

517 Broadway Street | MLS# 1045087

This multi-family property located at 517 Broadway Street, Springfield, OH 45504 is currently listed for sale with an asking price of $80,000. Broadway 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: Block, Full
Days on Market: 7
Garage: No Garage
Heating: Forced Air, Natural Gas
Lot Size: 0.48 Acres
Stories: 2.0
Taxes: $525
Year Built: 1891

Feature Descriptions

Exterior: Vinyl Siding
Lot Dimensions: 146X143
Parcel ID: 3400600005413023
Sewer: Public Sewer
Water: Supplied Water

Local Schools

School District: Springfield

Demographics

Clark County Demographic Information for 517 Broadway Street, Springfield, OH 45504
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

$ 473.71 per month $406.63 Principal & Interest $43.75 Property Tax $23.33 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)
Croos Country Mortgage