Brick Triplex With
For Sale
$144,900
3753 W National Road, Springfield, OH 45504
Multi-Family, Springfield, OH
Property Size2,440 SF
Lot Size0.32 Acres
Price / SF$59.39
Days on Market99
Property Features for 3753 W National Road
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning description
Residential
Bedrooms
5
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 3, Bathroom 1, Bedroom 5, Bathroom 2, Bedroom 2, Bathroom 3, Bedroom 1, Bedroom 4
Parking features
Carport
Window features
Window Coverings
Patio and Porch features
Porch, Deck, Patio
Interior features
Ceiling Fan(s)
Basement
Block, Unfinished
Appliances
Gas Water Heater
Subdivision
Maple Dell
Lot features
Plat, Residential Lot
Elementary school district
1207 Clark-Shawnee LSD
Middle school district
1207 Clark-Shawnee LSD
High school district
1207 Clark-Shawnee LSD
Directions
W National Rd.
Standard status
Active
APN
3000600022208011
Size
2,440 SF
Lot size
0.32 Acres
Taxes and HOA fees
Tax Year
2025
Utilities
Sewer type
Septic Tank
Heating system
Forced Air, Radiant, Natural Gas
Cooling system
Window Unit(s), Central Air
Building Details
Year built
1870
Floors in Building
2
Number of units
3
Flooring type
Laminate, Wood
Building materials
Brick, Wood Siding
Architectural style
Neoclassical
Listing Agency:
Local Roots Realty
Listed By:
Rachel Gannon
(937) 308-1883
Added: Jul 9
Changed: Sep 17
Last Checked: Oct 15 at 12:06PM
MLS# 1046939
Copyright © 2026 Western Regional Information System & Technology, Inc. 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 2,440-square-foot brick triplex on 0.32 acres includes three apartments with a two-bedroom, one-bath unit; a one-bedroom, one-bath unit; and an upstairs two-bedroom, one-bath unit with an unusually large living area. The property is partially improved, with flooring and drywall work completed in portions of the building, two bathrooms nearing completion, and one kitchen substantially advanced. Materials and appliances may convey. New mini splits have been installed, while the electric service, plumbing, and water heater were previously updated. The roof is approximately 10 years old.
Parking includes a large carport and a two-car garage, which may also be rented separately. The property is located at 3753 W National Road in Springfield, Ohio, with porch, patio, and deck areas. Heating includes radiant and forced-air systems, and cooling is provided by central air and window units.
Parking includes a large carport and a two-car garage, which may also be rented separately. The property is located at 3753 W National Road in Springfield, Ohio, with porch, patio, and deck areas. Heating includes radiant and forced-air systems, and cooling is provided by central air and window units.
Key Highlights
- Three‑unit configuration with two 2‑bedroom apartments and one 1‑bedroom apartment
- 2,440 square feet on 0.32 acres
- Brick construction with new mini splits installed
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$8,281
Cap Rate
5.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$165,620
$165.6K
Cap Rate 7%
$118,300
$118.3K
Cap Rate 9%
$92,011
$92.0K
Market Conditions
NOI Build-Up for 2,440 SF
Gross rent
$12.9K $5.28/SF
− Vacancy
−$1.1K −$0.43/SF
EGI
$11.8K $4.85/SF
− OpEx
−$3.5K −$1.45/SF
NOI
$8.3K $3.39/SF
Area
Clark County, OH
Vacancy
8.17%
Lease Rate
$5.28 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$165,620
Cap Rate 7%
$118,300
Cap Rate 9%
$92,011
Alternative Uses
Best Use
Multifamily LT 5
$118.3K
$103.5K – $138.0K
NOI $8,281 @ 7.0% cap · market cap 5.71%
Second Best
Apartment 5plus
$102.5K
$89.7K – $119.6K
NOI $7,176 @ 7.0% cap · market cap 4.95%
Theoretical Best
Specialty Retail
$680.6K
$595.5K – $794.0K
NOI $47,641 @ 7.0% cap · market cap 32.88%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
3
Residential units
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
44
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Triplex - Partially updated three-unit property with separate living spaces, a substantial carport, and additional garage capacity.
Where is this triplex located?
The property is located at 3753 W National Road Springfield, OH.
What is the asking price?
The asking price for this property is $144,900.
What are key features of this property?
This property features: Three‑unit configuration with two 2‑bedroom apartments and one 1‑bedroom apartment; 2,440 square feet on 0.32 acres; Brick construction with new mini splits installed
