928 E High Street, Springfield, OH 45505
MULTI_FAMILY - Springfield, OH
- Added:
- Jun 27, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 28 at 8:06 pm
Property Features for 928 E High Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Residential
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Bedroom 4, Bathroom 2, Bedroom 3, Basement, Bedroom 1, Bathroom 3, Bathroom 4, Bathroom 1, Bedroom 2
- Parking features
- Garage
- Standard status
- Active
- APN
- 3400700028102029
- Size
- 3,014 SF
- Lot size
- 0.19 Acres
Taxes and HOA fees
- Tax Description
- VINALS PTS EA 1105 & 1106
Utilities
- Heating system
- Forced Air
- Cooling system
- Window Unit(s)
Building Details
- Year built
- 1881
- Floors in Building
- 2
- Building materials
- Brick, Frame
Listing agent Spencer Marshall License #2020005065 (937) 516-3611
Listing office eXp Realty 70 Birch Alley Ste 240 Bldg B, Dublin, OH (866) 212-4991
Listing date Jun 27, 2026
Copyright © 2026 Dayton 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 and frame construction; built in 1881
- Currently zoned for single‑family use; previously used as a 3‑unit multifamily
- Several plumbing runs for kitchens, supporting multiple layout options
- 3 furnaces updated in 2020
- Separate entrances for units
- Forced‑air heating and window unit cooling; includes a garage
Overview
The property is located at 928 E High Street in Springfield, Ohio, in Clark County. The lot size is 0.186 acres, and the total building size is 3,014 square feet. The home is being sold as-is.
For buyers exploring a residential income approach, the existing multi-kitchen plumbing infrastructure and separate entries may support leasing plans aligned with the property’s prior 3-unit use. The layout is also described as having numerous secluded bedrooms and common spaces, which may be relevant for group home operating needs, subject to applicable zoning and approvals.
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 | $15.9k | $5.28 |
| − Vacancy | −$1.3k | −$0.43 |
| EGI | $14.6k | $4.85 |
| − OpEx | −$4.4k | −$1.45 |
| NOI | $10.2k | $3.39 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Springfield
- County
- Clark
- State
- Ohio
- Longitude
- -83.794731
- Latitude
- 39.921178
