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For sale
  • Price cut: $100 (7/8)
    $179,700

    126 E Cassilly St, Springfield, OH 45504

    5beds
    3,350sqft
    : 
    $1,336/mo
    Get pre-qualified
    Multi Family
    Built in 1913
    -- sqft lot
    $177,400 Zestimate®
    $54/sqft
    $-- HOA

    What's special

    Valuable off-street parking opportunities
    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.
    122 days
    |
    312
    |
    18
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    John M Kiefaber (937)433-1776,

    Howard Hanna Real Estate Serv

    Source: DABR MLS,MLS#: 956418MLS LogoOriginating MLS: Dayton Area Board of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 3
      • Full bathrooms: 3
      Heating
      • Gravity
      Cooling
      • None
      Appliances
      • Included: Range
      Interior area
      • Total structure area: 3,350
      • Total interior livable area: 3,350 sqft

      Property

      Parking
      • Parking features: No Garage
      Lot
      • Size: 4,051 Square Feet
      • Dimensions: 67 x 65 x 42 x 12 x 25 x 53
      Details
      • Parcel number: 3400700035108035 & 3400700035108036
      • Zoning: Residential
      • Zoning description: Residential

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Frame, Wood Siding
      • Foundation: Cellar
      Condition
      • Year built: 1913

      Utilities & green energy

      • Sewer: Storm Sewer
      • Water: Public
      • Utilities for property: Natural Gas Available, Sewer Available, Water Available

      Community & HOA

      Community
      • Subdivision: Cassilly & Frey
      Location
      • Region: Springfield

      Financial & listing details

      • Price per square foot: $54/sqft
      • Tax assessed value: $178,120
      • Annual tax amount: $2,774
      • Date on market: 4/10/2026
      • Tenant pays: Electricity, Gas

        Estimated market value

        $177,400

        $169,000 - $186,000

        $1,397/mo

        Price history

        DateEventPrice
        7/8/2026Price change$179,700-0.1%$54/sqft
        Source: DABR MLS #956418 Report a problem
        6/16/2026Price change$179,800-0.1%$54/sqft
        Source: DABR MLS #956418 Report a problem
        5/26/2026Price change$179,900-2.8%$54/sqft
        Source: DABR MLS #956418 Report a problem
        4/27/2026Pending sale$185,000$55/sqft
        Source: DABR MLS #956418 Report a problem
        4/22/2026Listed for sale$185,000$55/sqft
        Source: DABR MLS #956418 Report a problem
        4/16/2026Pending sale$185,000$55/sqft
        Source: DABR MLS #956418 Report a problem
        4/11/2026Listed for sale$185,000+94.7%$55/sqft
        Source: WRIST #1044905 Report a problem
        8/27/2021Listing removed--
        Source: Coldwell Banker Heritage Realtors Report a problem
        8/17/2021Price change$95,000-5%$28/sqft
        Source: WRIST #1006522 Report a problem
        7/29/2021Listed for sale$100,000$30/sqft
        Source: WRIST #1006522 Report a problem
        7/7/2021Contingent$100,000$30/sqft
        Source: WRIST #1006522 Report a problem
        6/30/2021Listed for sale$100,000-9.1%$30/sqft
        Source: WRIST #1006522 Report a problem
        6/13/2021Listing removed--
        Source: Coldwell Banker Heritage Realtors Report a problem
        4/24/2021Listed for sale$110,000$33/sqft
        Source: WRIST #1006522 Report a problem
        3/26/2021Pending sale$110,000$33/sqft
        Source: Coldwell Banker Heritage Realtors #1006522 Report a problem
        2/24/2021Listed for sale$110,000$33/sqft
        Source: Coldwell Banker Heritage #828123 Report a problem
        1/16/2021Pending sale$110,000$33/sqft
        Source: Coldwell Banker Heritage Realtors #828123 Report a problem
        1/15/2021Listed for sale$110,000$33/sqft
        Source: Coldwell Banker Heritage Realtors #1006522 Report a problem
        1/13/2021Contingent$110,000$33/sqft
        Source: WRIST #1006522 Report a problem
        1/13/2021Pending sale$110,000$33/sqft
        Source: Coldwell Banker Heritage #1006522 Report a problem
        10/14/2020Listed for sale$110,000$33/sqft
        Source: Coldwell Banker Heritage #1006522 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,774 +27.9%$62,340 +45.6%
        2024$2,170 +2.6%$42,820
        2023$2,115 -2.4%$42,820
        2022$2,167 +5%$42,820 +14%
        2021$2,063 -10%$37,550 -9.8%
        2020$2,293 -89.5%$41,630
        2019$21,824 -39%$41,630 +16.6%
        2018$35,765 $35,700
        2017$35,765 +47.6%$35,700
        2016$24,227 +28%$35,700
        2015$18,928 $35,700
        2014$18,928 +117.2%$35,700
        2013$8,713 +608.1%$35,700 +11%
        2012$1,231 +29.3%$32,176 +20%
        2011$951 +4.7%$26,811
        2010$909 +6.4%$26,811 -12%
        2009$854 +3%$30,468
        2008$830 -44.1%$30,468
        2007$1,485 +13.9%$30,468 +22.6%
        2006$1,304 +135.5%$24,854
        2005$554 -71.2%$24,854 +0%
        2004$1,925 +4.1%$24,850 +6%
        2003$1,849 -0.2%$23,450
        2002$1,853 +17.2%$23,450 +15.9%
        2000$1,581 $20,240
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 45504

        Getting around

        62 / 100
        Somewhat Walkable
        54 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: Springfield

        Source: DABR MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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