Brick Triplex with
3753 W National Road, Springfield, OH 45504
New
MULTI_FAMILY - Neoclassical - Springfield, OH
Property size:
2,440 SFLot size:
0.32 AcresPrice / SF:
$59/SF- Added:
- Jul 9, 2026
- Days on Market:
- 1
- Last Refresh:
- Jul 9 at 6:06 pm
Property Features for 3753 W National Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 5
- Bathrooms
- 3
- Rooms
- Bathroom 3, Bedroom 4, Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 5, Bedroom 1, Bedroom 3
- Parking features
- Carport
- Window features
- Window Coverings
- Patio and Porch features
- Deck, Porch, Patio
- Interior features
- Ceiling Fan(s)
- Basement
- Block, Unfinished
- Appliances
- Gas Water Heater
- 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
- Radiant, Natural Gas, Forced Air
- Cooling system
- Window Unit(s), Central Air
Building Details
- Year built
- 1870
- Floors in Building
- 2
- Number of units
- 3
- Flooring type
- Wood, Laminate
- Building materials
- Brick, Wood Siding
- Architectural style
- Neoclassical
Listing agent Rachel Gannon (937) 308-1883
Listing office Local Roots Realty OH
Listing date Jul 9, 2026
MLS# 1046939
Listing URL
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
- Brick triplex with neoclassical style and multiple living spaces across three units
- Unit mix: two 2‑bedroom/1‑bath units plus one 1‑bedroom/1‑bath unit
- Large carport plus a 2‑car garage; garage may be rented separately
- Updates include new mini splits; roof is approximately 10 years old; electrical/service, plumbing, and water heater previously updated
- Interior features include ceiling fans; flooring includes wood and laminate
- Heating/cooling: radiant heat and forced air with natural gas; central air plus window unit(s); gas water heater and septic tank
Overview
This brick triplex features three residential units arranged across two levels. The downstairs configuration includes a two-bedroom, one-bath apartment and a separate one-bedroom, one-bath apartment. The upstairs unit is a two-bedroom, one-bath with a very large living space. Interior work is underway, including flooring installation, new drywall, and two bathrooms and one kitchen nearing completion. Several materials and appliances are described as able to convey to support the remaining buildout. Updates already noted include new mini-splits, a roof estimated to be about 10 years old, and previously updated electric and service, along with plumbing and a water heater.
The property is situated on a corner location on W. National Rd. in Springfield, Ohio, positioned for convenient access to surrounding areas. For tenant convenience and parking flexibility, the site includes a very large carport plus a two-car garage. The garage is available to rent separately, as described in the remarks.
For investors or owner-operators, the combination of partially completed unit interiors and documented system updates creates a practical platform for completing renovations and bringing the units to lease-ready condition. The remarks also provide rent estimates of about $750 per month for the two-bedroom units and about $500 per month for the one-bedroom unit. The layout supports multiple tenancy setups within one property, with parking that can be managed through the carport and standalone garage options.
The property is situated on a corner location on W. National Rd. in Springfield, Ohio, positioned for convenient access to surrounding areas. For tenant convenience and parking flexibility, the site includes a very large carport plus a two-car garage. The garage is available to rent separately, as described in the remarks.
For investors or owner-operators, the combination of partially completed unit interiors and documented system updates creates a practical platform for completing renovations and bringing the units to lease-ready condition. The remarks also provide rent estimates of about $750 per month for the two-bedroom units and about $500 per month for the one-bedroom unit. The layout supports multiple tenancy setups within one property, with parking that can be managed through the carport and standalone garage options.
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 | $12.9k | $5.28 |
| − Vacancy | −$1.1k | −$0.43 |
| EGI | $11.8k | $4.85 |
| − OpEx | −$3.5k | −$1.45 |
| NOI | $8.3k | $3.39 |
2,440 SF · lease $5.28/SF/yr · vacancy 8.17% · expense 30.00%
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 local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Location Insight
- Map
- Local Demand
- City
- Springfield
- County
- Clark
- State
- Ohio
- Longitude
- -83.879864
- Latitude
- 39.925235
Nearby Similar for Sale
FAQs
What type of property is this?
Triplex - Neoclassical brick triplex with multiple updated systems and partially completed interiors for rental income positioning.
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: Brick triplex with neoclassical style and multiple living spaces across three units; Unit mix: two 2‑bedroom/1‑bath units plus one 1‑bedroom/1‑bath unit; Large carport plus a 2‑car garage; garage may be rented separately
