204 W Johnny Lytle Avenue, Springfield, OH 45506
MULTI_FAMILY - Springfield, OH
- Added:
- Jun 1, 2026
- Days on Market:
- 9
- Last Refresh:
- Jun 9 at 12:06 am
Property Features for 204 W Johnny Lytle Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 3
- Rooms
- Bathroom 2, Bedroom 1, Bedroom 4, Bedroom 3, Bathroom 3, Bathroom 1, Bedroom 2
- Basement
- Full
- Appliances
- Range, Refrigerator
- Standard status
- Active
- 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 #2023044049 (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 in Springfield with four 1‑bedroom, 1‑bathroom units
- Detached garage on the property
- Year built: 1919
- Central Air and Forced Air heating
- Hardwood flooring
- Appliances include range and refrigerator
Overview
The property is located at 204 W Johnny Lytle Avenue in Springfield, Ohio, in Clark County. The site covers 0.14 acres, and the total building size is listed as 3,080 square feet.
For investors and owner-operators, the unit mix of four 1-bedroom, 1-bath layouts can simplify leasing and maintenance planning while supporting a consistent rental structure across the building. Buyers who want an occupied residential income property with on-site parking/storage in the form of a detached garage may find this configuration aligns with their acquisition criteria.
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
