Major new updates::: Bathrooms, flooring, Interior painting. Opportunity awaits at 126 E. Cassilly St.,Springfield, OH.. desirable College Hill neighborhood. For 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. . Schedule your showing today.
For sale
Price increase: $5.3K (9/8)
$185,000
126 E Cassilly St, Springfield, OH 45504
5beds
3,350sqft
Multi Family
Built in 1913
-- sqft lot
$181,200 Zestimate®
$55/sqft
$-- HOA
What's special
Valuable off-street parking opportunities
- 169 days
- 180
- 13
Zillow last checked:
Listing updated:
Listed by:
John M Kiefaber (937)433-1776,
Howard Hanna Real Estate Serv
Source: DABR MLS,MLS#: 956418
Originating 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: $55/sqft
- Tax assessed value: $178,120
- Annual tax amount: $2,774
- Date on market: 4/10/2026
- Tenant pays: Electricity, Gas
Estimated market value
$181,200
$172,000 - $190,000
$1,260/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/8/2026 | Price change | $185,000+2.9%$55/sqft |
Source: | ||
| 7/8/2026 | Price change | $179,700-0.1%$54/sqft |
Source: | ||
| 6/16/2026 | Price change | $179,800-0.1%$54/sqft |
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| 5/26/2026 | Price change | $179,900-2.8%$54/sqft |
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| 4/27/2026 | Pending sale | $185,000$55/sqft |
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| 4/22/2026 | Listed for sale | $185,000$55/sqft |
Source: | ||
| 4/16/2026 | Pending sale | $185,000$55/sqft |
Source: | ||
| 4/11/2026 | Listed for sale | $185,000+94.7%$55/sqft |
Source: | ||
| 8/27/2021 | Listing removed | -- |
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| 8/17/2021 | Price change | $95,000-5%$28/sqft |
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| 7/29/2021 | Listed for sale | $100,000$30/sqft |
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| 7/7/2021 | Contingent | $100,000$30/sqft |
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| 6/30/2021 | Listed for sale | $100,000-9.1%$30/sqft |
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| 6/13/2021 | Listing removed | -- |
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| 4/24/2021 | Listed for sale | $110,000$33/sqft |
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| 3/26/2021 | Pending sale | $110,000$33/sqft |
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| 2/24/2021 | Listed for sale | $110,000$33/sqft |
Source: Coldwell Banker Heritage #828123 Report a problem | ||
| 1/16/2021 | Pending sale | $110,000$33/sqft |
Source: | ||
| 1/15/2021 | Listed for sale | $110,000$33/sqft |
Source: | ||
| 1/13/2021 | Contingent | $110,000$33/sqft |
Source: | ||
| 1/13/2021 | Pending sale | $110,000$33/sqft |
Source: Coldwell Banker Heritage #1006522 Report a problem | ||
| 10/14/2020 | Listed for sale | $110,000$33/sqft |
Source: Coldwell Banker Heritage #1006522 Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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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Neighborhood: 45504
Nearby schools
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.






