633 North St Springfield, OH 45504
This Springfield, Ohio duplex, located at 633 W North Street, presents a compelling investment opportunity at an asking price of $105,000. Built in 1916, this two-unit apartment building sits on a 5,662.8 square foot lot. The property boasts a price per square foot of $41.67. While the property shows potential for a $4,000 annual cash flow, it requires significant renovations. Specifically, the roof, porch, plumbing, and flooring need attention. Its convenient location within walking distance of a nearby hospital makes it particularly attractive to traveling nurses or other medical professionals. The property's age and required repairs should be factored into any investment analysis. The address is 633 W North Street, Springfield, OH 45504, situated in Clark County. This property is a multifamily investment opportunity with potential for strong returns after necessary improvements are completed. The property's proximity to a hospital offers a distinct advantage in attracting tenants.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.