Fully Remodeled
218 N Jackson Street Springfield, OH 45504
For Sale
$259,950
MULTI_FAMILY - Springfield, OH
Property Size2,400 SF
Lot Size0.01 Acres
Price / SF$108.31
Days on Market22
Property Features for 218 N Jackson Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 8
- Bathrooms
- 4
- Rooms
- Bedroom 8, Bedroom 2, Bathroom 4, Bedroom 6, Bathroom 3, Bedroom 3, Bedroom 5, Bedroom 1, Bedroom 7, Bathroom 2, Bedroom 4, Bathroom 1
- Basement
- Full
- Appliances
- Dryer, Microwave, Range, Refrigerator
- Standard status
- Active
- APN
- 3400600005417026
- Size
- 2,400 SF
- Lot size
- 0.01 Acres
Taxes and HOA fees
- Tax Year
- 2025
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air
Building Details
- Year built
- 1913
- Number of units
- 2
- Flooring type
- Tile, Carpet, Laminate
- Building materials
- Vinyl Siding
Listing Agency:
Chosen Real Estate Group
(330) 249-3499
Listed By:
Nicholas Huscroft · License #C38242
(330) 249-3499
Added: Jul 3
Changed: Jul 23
Last Checked: Jul 24 at 6:06AM
MLS# 1046845
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.
Investment Insights
Based on property information with market context.
This fully remodeled duplex includes two separately rented units currently occupied by long-term tenants under 3-year leases. Improvements mentioned include updated electrical, new plumbing, new furnaces, new kitchens and bathrooms, new windows and doors, drywall, trim, paint, siding and fascia, along with a brand-new roof. Flooring includes tile in the kitchen and bathroom areas and LVP in the living room area.
The property is located at 218 N Jackson Street in Springfield, Ohio (Clark County). It is offered for sale as a residential income property.
At the time of the listing, both units are occupied and generating rental income, with the renovation scope designed to provide updated systems and finishes throughout the duplex.
The property is located at 218 N Jackson Street in Springfield, Ohio (Clark County). It is offered for sale as a residential income property.
At the time of the listing, both units are occupied and generating rental income, with the renovation scope designed to provide updated systems and finishes throughout the duplex.
Key Highlights
- Fully remodeled duplex built in 1913, with public sewer connection
- Currently rented at $3,550 total; both units are occupied by long‑term paying tenants with 3‑year leases
- Updates include new electrical, new plumbing, and new furnaces for both units
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 | $12.7k | $5.28 |
| − Vacancy | −$1.0k | −$0.43 |
| EGI | $11.6k | $4.85 |
| − OpEx | −$3.5k | −$1.45 |
| NOI | $8.1k | $3.39 |
2,400 SF · lease $5.28/SF/yr · vacancy 8.17% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$116.4K
$101.8K – $135.8K
NOI $8,146 @ 7.0% cap · market cap 3.13%
Second Best
Apartment 5plus
$100.8K
$88.2K – $117.6K
NOI $7,058 @ 7.0% cap · market cap 2.72%
Theoretical Best
Specialty Retail
$669.4K
$585.8K – $781.0K
NOI $46,860 @ 7.0% cap · market cap 18.03%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Two-unit duplex with long-term, leased occupancy and extensive updates to interior finishes and major systems.
Where is this duplex located?
The property is located at 218 N Jackson Street Springfield, OH.
What is the asking price?
The asking price for this property is $259,950.
What are key features of this property?
This property features: Fully remodeled duplex built in 1913, with public sewer connection; Currently rented at $3,550 total; both units are occupied by long‑term paying tenants with 3‑year leases; Updates include new electrical, new plumbing, and new furnaces for both units
