204 W Johnny Lytle Avenue, Springfield, OH 45506
- Added:
- Jun 1, 2026
- Days on Market:
- 27
- Last Refresh:
- Jun 27 at 1:06 pm
Property Features for 204 W Johnny Lytle Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 3
- Rooms
- Bedroom 3, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 4, Bathroom 2, Bathroom 1
- Basement
- Full
- Appliances
- Range, Refrigerator
- Standard status
- Pending
- APN
- 3400700034326019
- Size
- 3,080 SF
- Lot size
- 0.14 Acres
Taxes and HOA fees
- Tax Year
- 2025
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1919
- Floors in Building
- 2
- Number of units
- 4
- Flooring type
- Hardwood
Listing agent Nicholas Huscroft License #346906 (330) 249-3499
Listing office Chosen Real Estate Group 1202 Sellman Drive, Akron, OH (330) 249-3499
Listing date Jun 1, 2026
Copyright © 2026 West Metro Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Fully occupied 4‑plex with four 1‑bedroom, 1‑bathroom units
- Detached garage on the property
- Forced air heating with central air conditioning
- Hardwood flooring
- Year built: 1919
- Served by public sewer
Overview
The property is located at 204 W Johnny Lytle Avenue in Springfield, Ohio (Clark County). The lot size is listed at 0.14 acres, and the total property size is 3,080 square feet, providing a compact footprint designed around the four-unit configuration.
For investors and owner-operators, this asset offers a clean, repeatable unit mix with four identical 1-bedroom, 1-bath homes. The detached garage adds another on-site improvement that can enhance the day-to-day tenant experience and support residential use. As presented, the property is ready to be taken over with tenants already in place, allowing new ownership to focus on ongoing management from day one.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $16.3k | $5.28 |
| − Vacancy | −$1.3k | −$0.43 |
| EGI | $14.9k | $4.85 |
| − OpEx | −$4.5k | −$1.45 |
| NOI | $10.5k | $3.39 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Springfield
- County
- Clark
- State
- Ohio
- Longitude
- -83.815908
- Latitude
- 39.910752
