Refine Search
Sort by
$179,900
5 Beds 3 Baths 1044905 MLS
This spacious three-unit investment property in Springfield's College Hill neighborhood offers strong income potential and a highly desirable location near Wittenberg University, just minutes from downtown Springfield, Snyder Park, Buck Creek, bike paths, and more. Built in 1913 with approximately 3,350 square feet, the property features two large units on the first and second floors, each offering 2 bedrooms with a possible 3rd bedroom, a large living area, and a kitchen. The third-floor unit includes 1 bedroom, a living area, kitchen, and bath. Current rental potential is impressive, with the first and second floor units renting for $1,500 per month each and the third-floor unit at $800 per month, creating a total potential gross income of $3,800 per month. Tenants pay their own gas and electric, while the landlord covers water, trash, and sewer. With its size, layout, location, and solid rental structure, this property presents a fantastic opportunity for an investor seeking strong cash flow and long-term upside.

126 E Cassilly St, Springfield

Listing courtesy of Listing Agent: John M Kiefaber () from Listing Office: Howard Hanna Real Estate Services.

Listing Courtesy of: John M Kiefaber, With Howard Hanna Real Estate Services

Courtesy of John M Kiefaber with Howard Hanna Real Estate Services

Courtesy of John M Kiefaber and Howard Hanna Real Estate Services

Listing Courtesy of: John M Kiefaber with office: Howard Hanna Real Estate Services

Listing Courtesy of : John M Kiefaber ---- Howard Hanna Real Estate Services

$179,700
5 Beds 3 Baths 956418 MLS
PRICE REDUCED! Opportunity awaits at 126 E. Cassilly St.,Springfield's desirable College Hill neighborhood. Investors seeking strong cash-flow potential or an owner-occupant looking to offset your housing costs, this vacant three-unit property offers exceptional flexibility and upside. All three units are currently vacant, allowing the next owner to select tenants, establish market Based on recent rental history, the property has the potential to generate approximately $3,800 per month in gross rental income, with the first and second-floor units previously renting for $1,500 per month each and the third-floor unit renting for $800 per month. Built in 1913 and offering approximately 3,350 square feet of living space, this spacious triplex features two large units on the first and second floors, each offering 2 bedrooms with potential for a third bedroom, plus a third-floor 1-bedroom apartment. The layout provides multiple income options and strong appeal for long-term tenants. Investors will appreciate that tenants pay their own gas and electric, helping reduce operating expenses. The roof was updated approximately six years ago, providing additional peace of mind. An adjacent lot is included, offering valuable off-street parking opportunities or additional outdoor space for tenant enjoyment. Location is a major advantage. Situated just blocks from Wittenberg University and minutes from downtown Springfield, Snyder Park, Buck Creek, shopping, dining, and the area's bike trail system, the property benefits from strong rental demand and convenient access to local amenities. Properties offering this combination of size, income potential, location, and value are increasingly difficult to find. With all units vacant and ready for immediate occupancy or lease-up, this is an excellent opportunity to build equity, maximize cash flow, and add a solid performing asset to your portfolio. Property is being sold as-is. Schedule your showing today.

126 E Cassilly Street, Springfield

Courtesy of John M Kiefaber and Howard Hanna Real Estate Serv

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS Now and updated as of . Real estate listings held by brokerage firms other than Purtan Technologies, LLC are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s).
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information provided is deemed reliable but is not guaranteed and should be independently verified. © 2026 MLS Now. All Rights Reserved.

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ program of the Multiple Listing Service of Greater Cincinnati. Real estate listings held by brokerage firms other than our company are marked with the Broker Reciprocity™ logo (the small house as shown to the left) and detailed information about them includes the name of the listing brokers. This data is up-to-date as of . Copyright 2026, MLS of Greater Cincinnati, Inc. All rights reserved. Information deemed reliable but not guaranteed.

board logo

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of the Dayton Area Board of Realtors® MLS IDX Database. Real estate listings from the Dayton Area Board of Realtors® MLS IDX Database held by brokerage firms other than Purtan Technologies, LLC are marked with the IDX logo and are provided by the Dayton Area Board of Realtors® MLS IDX Database. Information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in. Copyright© 2026 Dayton Area Board of Realtors®