928 E High Street, Springfield, OH 45505
MULTI_FAMILY - Springfield, OH
- Added:
- Jun 27, 2026
- Days on Market:
- 6
- Last Refresh:
- Jul 2 at 1:06 am
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, Bedroom 3, Basement, Bedroom 2, Bathroom 2, Bathroom 3, Bedroom 1, Bathroom 1, Bathroom 4
- 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
- Currently zoned for single family; previously used as a 3‑unit multifamily
- 3 updated furnaces (2020) with forced‑air heating
- Separate entrances for units plus several plumbing runs for kitchens
- Brick and frame construction; built in 1881
- Window unit cooling; garage parking
- 4 bedrooms and 4 bathrooms, with a basement
Overview
The property is located at 928 E High Street in Springfield, Ohio 45505, within Clark County. It is currently zoned for a single-family use, and the listing notes the possibility of rezoning to support an improved plan. The lot size is listed at 0.186 acres, and the property size is listed as 3,014 square feet.
For buyers and investors, this presents a workable foundation for restoring or reimagining the property’s use, given the existing unit separation, kitchen plumbing infrastructure, and updated heating equipment. Because zoning is currently single-family, any plan to operate as a three-unit multifamily or pursue other configurations would require confirmation through the applicable permitting and rezoning process. As offered, it is best suited for a buyer comfortable with an as-is purchase and planning around the property’s zoning framework.
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
