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Occupied Four-Unit Quadplex
For Sale
$289,900

37 E Cassilly St, Springfield, OH 45504

Fully occupied residential income property with month-to-month leases and recent mechanical updates.

Property SizeContact for details
Days on Market17

Property Features for 37 E Cassilly St

General Information

Standard status Active
Property subtype Residential Income
Occupancy 100%

Units

Unit Mix 2 x 2BR, 2 x 1BR
Multifamily Units 4
Listing Agency: Glasshouse Realty Group
Listed By: Tyler Hicks
Source: Exprealty
Added: Aug 14 Changed: Aug 30 Last Checked: Aug 30 at 8:20PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Glasshouse Realty Group

Investment Insights

Based on property information with market context.

This quadplex contains four residential units, including two two-bedroom apartments and two one-bedroom apartments. Each unit is occupied under a month-to-month lease, and the sale includes the existing appliances. The property is offered in its current condition on an AS-IS basis.

The roof is approximately 2 years old, and the building has four newer furnaces: three electric and one gas. Residents pay their own electric service, while ownership covers gas, water, and trash. The current operating arrangement provides a clear division of utility responsibilities for the existing tenancy.

Key Highlights

  • Four‑unit quadplex with two 2‑bedroom units and two 1‑bedroom units
  • All four units occupied on month‑to‑month leases
  • Roof approximately 2 years old

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Garden Center HVAC Service Locksmith Storage Facility Acupuncture Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

763
Businesses Nearby

Demographics for 45504, OH

17,343
Population
7,100
Households
2.4
Avg Household Size
41
Median Age
27%
College-Educated
92%
High-School Grad
22.0 sq mi
ZIP Area
788
Density / Sq Mi
$67,334
Median Household Income
$38,813
Median Earnings
$889
Median Rent
$167,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Fully occupied residential income property with month-to-month leases and recent mechanical updates.
Where is this quadplex located?
The property is located at 37 E Cassilly St Springfield, OH.
What is the asking price?
The asking price for this property is $289,900.
What are key features of this property?
This property features: Four‑unit quadplex with two 2‑bedroom units and two 1‑bedroom units; All four units occupied on month‑to‑month leases; Roof approximately 2 years old
More about this property
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