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    738 Center St Springfield, OH 45506

    • Apartment buildings
    For Sale
    View listing
    $150,000
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Apartment buildings

    Property Details for 738 Center St

    Year built
    1875
    Property type
    Apartment buildings
    Property subtype
    Small apartment buildings

    Description

    This charming 1875 Springfield, Ohio duplex presents a fantastic investment opportunity. Located at 738 S Center Street, this multifamily property boasts two units on a sizable 7,840.8 square foot lot. The property features a five-bedroom, two-bathroom unit and a one-bedroom, one-bathroom unit, offering flexibility for owner-occupancy or rental income generation. Currently generating a monthly cash flow of $2,250, this property demonstrates strong rental performance with reliable tenants

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Clark
    State
    Ohio
    Longitude
    -83.8129
    Latitude
    39.9153

    Comparable in this City

    • Value Estimation by Request

      1787-1789 Fountain Ave

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      1787-1789 Fountain Ave, Springfield, OH 45506
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      1228-1230 High St

      Multifamily properties
      1228-1230 High St, Springfield, OH 45506
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    • Value Estimation by Request
      2,873 SF

      23 Mulberry St

      APARTMENT HOUSE (5+ UNITS) • 2,873 SF
      23 Mulberry St, Springfield, OH 45506-1654
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    • Value Estimation by Request
      2,888 SF

      11-13 Shaffer St

      APARTMENT HOUSE (5+ UNITS) • 2,888 SF
      11-13 Shaffer St, Springfield, OH 45506
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    • Value Estimation by Request
      3,726 SF

      911 Western Ave

      APARTMENT HOUSE (5+ UNITS) • 3,726 SF
      911 Western Ave, Springfield, OH 45506-1947
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    • Value Estimation by Request
      4,892 SF

      409 Fountain Ave, Unit 415

      APARTMENT HOUSE (5+ UNITS) • 4,892 SF
      409 Fountain Ave, Springfield, OH 45506-1611
      View Details

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    738 Center St
    Springfield, OH 45506
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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