Active

$85,000

1027 Cypress St, Springfield, OH 45505

3beds

1,400sqft

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Single Family Residence

Built in 1901

7,840 Square Feet Lot

$93,100 Zestimate^®

$61/sqft

$-- HOA

What's special

Detached one-car garageFunctional layout

Excellent opportunity to add a cash-flowing investment property to your portfolio! This well-maintained 3-bedroom, 1.5-bath home is currently generating $1,200 per month with a tenant in place who pays all utilities and expenses, making it a true turnkey investment. The home features a detached one-car garage, a spacious yard with plenty of room to enjoy, and a functional layout that continues to attract long-term rental demand. Whether you're looking to expand your portfolio or purchase your first investment property, this income-producing home offers immediate returns from day one. Please allow 48 hours' notice for all showings. Do not disturb tenant.

7 hours

27

2

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 1
1/2 bathrooms: 1

Heating

Forced Air, Natural Gas

Features

Basement: Full,Unfinished
Has fireplace: No

Interior area

Total structure area: 1,400
Total interior livable area: 1,400 sqft

Video & virtual tour

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Property

Parking

Total spaces: 1
Parking features: Garage
Garage spaces: 1

Features

Levels: Two
Stories: 2

Lot

Size: 7,840 Square Feet
Dimensions: 35 x 229
Features: Residential Lot

Details

Parcel number: 3400700028320018

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Aluminum Siding
Foundation: Cellar

Condition

Year built: 1901

Utilities & green energy

Sewer: Public Sewer
Water: Supplied Water
Utilities for property: Natural Gas Connected

Community & HOA

Community

Subdivision: Banta

HOA

Has HOA: No

Location

Region: Springfield

Financial & listing details

Price per square foot: $61/sqft
Tax assessed value: $43,720
Annual tax amount: $776
Date on market: 6/27/2026
Listing terms: 1031 Exchange,Cash,Conventional,Other New Financing

Estimated market value

$93,100

$72,000 - $115,000

$1,544/mo

Price history

Date	Event	Price
6/27/2026	Listed for sale	$85,000+13.3%$61/sqft
Source: WRIST #1046684 Report a problem
4/9/2026	Sold	$75,000+343.8%$54/sqft
Source: Public Record Report a problem
2/10/2017	Listing removed	$650+18.2%
Source: ROOST Real Estate Co. / M & J Quinn Report a problem
10/28/2014	Listing removed	$550
Source: ROOST Real Estate Co. Report a problem
10/4/2014	Price change	$550-4.3%
Source: ROOST Real Estate Co. Report a problem
9/19/2014	Listed for rent	$575
Source: ROOST Real Estate Co. Report a problem
9/6/2005	Sold	$16,900-51.7%$12/sqft
Source: Public Record Report a problem
4/22/1996	Sold	$35,000+66.7%$25/sqft
Source: Public Record Report a problem
10/28/1994	Sold	$21,000+57.5%$15/sqft
Source: Public Record Report a problem
6/16/1994	Sold	$13,334$10/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$776 +2.6%	$15,310
2023	$756 -2.4%	$15,310
2022	$775 +0.9%	$15,310 +9.6%
2021	$768 -0.2%	$13,970
2020	$769 -0.3%	$13,970
2019	$771 +223.5%	$13,970 +68.5%
2018	$238	$8,290 -0.1%
2017	$238 -50%	$8,296
2016	$477 +96.2%	$8,296
2015	$243	$8,296
2014	$243 -53.2%	$8,296
2013	$520 +23.7%	$8,296 +9.5%
2012	$420 -2%	$7,578
2011	$429 +4.7%	$7,578
2010	$410 -6.5%	$7,578 -12%
2009	$438 +3%	$8,614
2008	$425 +1.3%	$8,614
2007	$420 -8.6%	$8,614 -1.6%
2006	$459 +57%	$8,754 -33.3%
2005	$292 -71.2%	$13,122 +0%
2004	$1,017 +9.1%	$13,120 +11%
2003	$932 -0.2%	$11,820
2002	$934 +26.9%	$11,820 +25.5%
2000	$736	$9,420

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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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