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    Spencerville, OH
    Residential Income

    Spencerville, OH Residential Income Properties for Sale

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    Lima, OH Springfield, OH Elida, OH Delphos, OH Mendon, OH Pitsburg, OH Rockford, OH Saint Marys, OH
    Remodeled Duplex with Off-Street Parking
    Updated: May 7
    Remodeled Duplex with Off-Street Parking

    547 N Broadway Street, Spencerville, OH 45887

    $450,000
    2,842 sqft
    Completely remodeled two‑story duplex with brick construction
    2,842 SF total property size with basement
    Central air with separate meters
    Forced air natural gas heating
    Washer and dryer hook‑ups in each unit
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    This listing looks promising.

    Here's a quick look at some key insights for

    547 N Broadway Street, Spencerville, OH 45887

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    • Est. Cap Rate

      5.3%
      NOI ÷ price

    • Est. NOI

      $24K
      Annual

    • Price @ 7% Cap

      $340K
      Suggested

    • Property Type

      Single Family Residence
      Built 1940
    View Property Analytics
    Based on your search, we've compiled 36 Potential Opportunities for your consideration. Besides 1 Active listings in Spencerville, OH, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 27 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Residential Income Property with Balcony
    Residential Income Property with Balcony

    2275 N Cable Road, Lima, OH 45807

    $91,250
    816 sqft

    Upper-level unit with a balcony overlooking the common area, central air, assigned parking, and a rented interior setup.

    View details
    Quadplex with Porch
    Quadplex with Porch

    210 W Main Street, Elida, OH 45807

    $82,000
    3,078 sqft

    Quadplex sold as-is with a porch, currently occupied by two tenants, and served by public water and sewer.

    View details
    Multifamily Property Package
    Multifamily Property Package

    926 W Wayne St, Lima, OH 45805

    Contact for pricing

    For sale multifamily portfolio at 926 W Wayne St, offered with options to remodel-and-flip or hold as rentals.

    View details
    Four-Unit Residential Income Property
    Four-Unit Residential Income Property

    102-104 N. Greenlawn Ave, Elida, OH 45807

    Contact for pricing

    Four units are currently occupied, with tenants paying most utilities and the landlord covering water and trash.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Mendon Land For Sale
    Mendon Land For Sale

    Drake Street, Mendon, OH 45862

    $240,000
    4.11 AC lot

    4.11 acre surveyed land with village utilities available.

    View details
    Residential Development Land with Road Frontage
    Residential Development Land with Road Frontage

    Spring View Drive, Lima, OH 45805

    $160,900
    2.68 AC lot

    2.68 acres with extensive road frontage, wooded areas, and residential zoning in Lima, OH.

    View details
    Residential Development Land with Frontage
    Residential Development Land with Frontage

    Eastown Road, Lima, OH 45805

    $164,500
    2.74 AC lot

    Residentially zoned lot with approximately 569.77 feet of road frontage along Eastown Road.

    View details
    Vacant Development Land with Road Frontage
    Vacant Development Land with Road Frontage

    ALLENTOWN RD., Lima, OH 45805

    $2,461,500
    54.70 AC lot

    Vacant, mostly tillable acreage with frontage on Eastown Rd. and Allentown Rd., located in American Township.

    View details

    Off-Market Properties in Spencerville, OH

    Consider similar Off-Market properties in Spencerville, OH. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    120 Broadway St
    APARTMENT HOUSE (5+ UNITS)

    120 Broadway St, Spencerville, OH 45887-2203

    Value Estimation by Request
    3,120 sqft 0.04 AC lot
    View details
    426 Charles St
    MOBILE HOME PARK, TRAILER PARK

    426 Charles St, Spencerville, OH 45887-1116

    Value Estimation by Request
    1,703 sqft 0.97 AC lot
    View details
    211 Wurster Dr
    APARTMENT HOUSE (5+ UNITS)

    211 Wurster Dr, Spencerville, OH 45887-1353

    Value Estimation by Request
    1,600 sqft 0.17 AC lot
    View details
    204 Wurster Dr
    APARTMENT HOUSE (5+ UNITS)

    204 Wurster Dr, Spencerville, OH 45887-1352

    Value Estimation by Request
    1,880 sqft 0.18 AC lot
    View details
    232 Wurster Dr
    APARTMENT HOUSE (5+ UNITS)

    232 Wurster Dr, Spencerville, OH 45887-1352

    Value Estimation by Request
    1,600 sqft 0.17 AC lot
    View details
    228 Wurster Dr
    APARTMENT HOUSE (5+ UNITS)

    228 Wurster Dr, Spencerville, OH 45887-1352

    Value Estimation by Request
    1,600 sqft 0.17 AC lot
    View details
    208 Wurster Dr
    APARTMENT HOUSE (5+ UNITS)

    208 Wurster Dr, Spencerville, OH 45887-1352

    Value Estimation by Request
    1,600 sqft 0.17 AC lot
    View details
    236 Wurster Dr
    APARTMENT HOUSE (5+ UNITS)

    236 Wurster Dr, Spencerville, OH 45887-1352

    Value Estimation by Request
    2,100 sqft 0.19 AC lot
    View details
    235 Wurster Dr
    APARTMENT HOUSE (5+ UNITS)

    235 Wurster Dr, Spencerville, OH 45887-1354

    Value Estimation by Request
    1,600 sqft 0.18 AC lot
    View details
    200 Wurster Dr
    APARTMENT HOUSE (5+ UNITS)

    200 Wurster Dr, Spencerville, OH 45887-1352

    Value Estimation by Request
    2,100 sqft 0.17 AC lot
    View details
    231 Wurster Dr
    APARTMENT HOUSE (5+ UNITS)

    231 Wurster Dr, Spencerville, OH 45887-1354

    Value Estimation by Request
    1,600 sqft 0.17 AC lot
    View details
    216 Wurster Dr
    APARTMENT HOUSE (5+ UNITS)

    216 Wurster Dr, Spencerville, OH 45887-1352

    Value Estimation by Request
    1,600 sqft 0.17 AC lot
    View details
    227 Wurster Dr
    APARTMENT HOUSE (5+ UNITS)

    227 Wurster Dr, Spencerville, OH 45887-1354

    Value Estimation by Request
    1,600 sqft 0.18 AC lot
    View details
    207 Wurster Dr
    APARTMENT HOUSE (5+ UNITS)

    207 Wurster Dr, Spencerville, OH 45887-1353

    Value Estimation by Request
    1,600 sqft 0.17 AC lot
    View details
    224 Wurster Dr
    APARTMENT HOUSE (5+ UNITS)

    224 Wurster Dr, Spencerville, OH 45887-1352

    Value Estimation by Request
    1,600 sqft 0.17 AC lot
    View details
    212 Wurster Dr
    APARTMENT HOUSE (5+ UNITS)

    212 Wurster Dr, Spencerville, OH 45887-1352

    Value Estimation by Request
    1,600 sqft 0.17 AC lot
    View details
    220 Wurster Dr
    APARTMENT HOUSE (5+ UNITS)

    220 Wurster Dr, Spencerville, OH 45887-1352

    Value Estimation by Request
    1,600 sqft 0.17 AC lot
    View details
    215 Wurster Dr
    APARTMENT HOUSE (5+ UNITS)

    215 Wurster Dr, Spencerville, OH 45887-1353

    Value Estimation by Request
    1,600 sqft 0.17 AC lot
    View details
    Pearl St
    APARTMENT HOUSE (5+ UNITS)

    Pearl St, Spencerville, OH 45887

    Value Estimation by Request
    0.19 AC lot
    View details
    610 College St
    APARTMENT HOUSE (5+ UNITS)

    610 College St, Spencerville, OH 45887-1350

    Value Estimation by Request
    1,594 sqft 0.22 AC lot
    View details
    600 College St
    APARTMENT HOUSE (5+ UNITS)

    600 College St, Spencerville, OH 45887-1349

    Value Estimation by Request
    589 sqft 0.20 AC lot
    View details
    605 College St
    APARTMENT HOUSE (5+ UNITS)

    605 College St, Spencerville, OH 45887-1351

    Value Estimation by Request
    2,548 sqft 0.28 AC lot
    View details
    601 College St
    APARTMENT HOUSE (5+ UNITS)

    601 College St, Spencerville, OH 45887-1351

    Value Estimation by Request
    2,100 sqft 0.20 AC lot
    View details

    Spencerville, OH Residential Income Properties Market Trends and Statistics

    Explore 28 residential income properties for sale in Spencerville, OH on our real estate platform. These investment opportunities span a total of 2,842 square feet of properties for sale, with an estimated market value of $450,000.

    Sale prices for residential income properties in Spencerville, OH average $450,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 1
    Multifamily properties 1

    Demographics Overview

    Population 4,335
    Population Growth (5Y) +0.9%
    Median Household Income $62,838
    College Educated 15.7%

    High-Yield Neighborhoods for Investment

    Identify Spencerville submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    45887 $450K

    Taxes & Financing

    Tax Rate (average for all types) 4.03%
    Property Tax per SF $60.56 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Allen County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Allen County

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