UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,068 sqft
Price per Sqft $60
Subdivision Johnson
MLS Listing ID 1043836
Style Neoclassical, American
Bedrooms 3
Full Baths 2
Year Built 1898
Tax Year 2025
Lot Size 4,791 Sqft
Lot Dimensions 0.11
Source Western Regional Information Systems & Technology (WRIST)
Property Description
The property features a practical layout with comfortable living space and a manageable footprint, helping to keep renovation and ongoing maintenance costs in check. With strategic updates and improvements, there is clear potential to increase value and maximize rental income. The area continues to see steady demand for affordable housing, supporting consistent tenant interest and long-term investment stability.
Conveniently situated near local amenities, shopping, dining, and major roadways, the location enhances rental appeal and accessibility. Whether you are looking for your next buy-and-hold property, a light value-add project, or a cost-effective entry into the Springfield market, 424-424 1/2 N Shaffer offers compelling investment potential. 424 N. Shaffer St and 705-705 1/2 Grant St can also be purchased as a package. Upstairs tenant pays $1100 per month with matching deposit, prefers to stay. Upstairs unit was recently updated with new paint, floors and new appliances installed. Downstairs unit currently being rehabbed, tenant recently vacated. Curbside offers only, please do not disturb tenants.
Location
State OH
County Clark
Community Johnson
Area 0.11
Zoning Multiple, Residential
Direction From S. Limestone St, continue straight onto Spring St. Turn left onto E North St. Turn right onto N Shaffer St. Destination will be on the right.
Rooms
Basement Partial, Crawl Space
Interior
Heating Forced Air, Natural Gas
Cooling Window Unit(s)
Flooring Wood
Appliance Range, Refrigerator, Gas Water Heater
Heat Source Forced Air, Natural Gas
Exterior
Exterior Feature Other
Parking Features No Garage
Utilities Available Sewer Connected, Natural Gas Connected
Building
Lot Description Residential Lot
Story Two
Foundation Combination, Stone, Block
Sewer Public Sewer
Water Supplied Water
Architectural Style Neoclassical, American
Level or Stories Two
Schools
High Schools 1206 Springfield Csd
School District 1206 Springfield Csd
Others
Tax ID 3400600005408002
Ownership Non-Occupant
Acceptable Financing Cash, Conventional, Other New Financing
Listing Terms Cash, Conventional, Other New Financing
Virtual Tour https://www.propertypanorama.com/instaview/wrist/1043836
Nearby Locations
GET MORE INFORMATION
The Woodrow Group At Realistar
Broker | License ID: 658008071
Broker License ID: 658008071