Attention investors--424-424 1/2 N. Shaffer St presents a strong opportunity to acquire an affordable property with solid upside potential. Located in an established neighborhood of Springfield, this home offers the kind of price point and positioning that makes sense for both seasoned investors and those looking to expand their rental portfolio.
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.
Active
$125,000
424 N Shaffer St, Springfield, OH 45504
3beds
2,068sqft
Est.:
Duplex
Built in 1898
-- sqft lot
$141,700 Zestimate®
$60/sqft
$-- HOA
What's special
- 1 day |
- 48 |
- 2 |
Likely to sell faster than
Zillow last checked: 8 hours ago
Listing updated: February 18, 2026 at 06:35pm
Listed by:
Leslie Wade 937-949-0006,
Glasshouse Realty Group LLC
Source: WRIST,MLS#: 1043836
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air, Natural Gas
Cooling
- Window Unit(s)
Appliances
- Included: Range, Refrigerator
Features
- Flooring: Wood
- Basement: Crawl Space,Partial
- Has fireplace: No
Interior area
- Total structure area: 2,068
- Total interior livable area: 2,068 sqft
Video & virtual tour
Property
Features
- Levels: Two
- Stories: 2
- Patio & porch: Porch
Lot
- Size: 4,791.6 Square Feet
- Dimensions: 46 x 105
- Features: Residential Lot
Details
- Parcel number: 3400600005408002
- Zoning description: Multiple, Residential
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Neoclassical,American
- Property subtype: Duplex
Materials
- Other
- Foundation: Block, Combination, Stone
Condition
- Year built: 1898
Utilities & green energy
- Sewer: Public Sewer
- Water: Supplied Water
- Utilities for property: Natural Gas Connected, Sewer Connected
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: Johnson
Location
- Region: Springfield
Financial & listing details
- Price per square foot: $60/sqft
- Tax assessed value: $44,980
- Annual tax amount: $798
- Date on market: 2/19/2026
- Listing terms: Cash,Conventional,Other New Financing
Estimated market value
$141,700
$115,000 - $169,000
$1,032/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/19/2026 | Listed for sale | $125,000+111.9%$60/sqft |
Source: | ||
| 2/15/2024 | Listing removed | -- |
Source: | ||
| 1/5/2024 | Listed for sale | $59,000+18%$29/sqft |
Source: | ||
| 2/27/2023 | Sold | $50,000-15.3%$24/sqft |
Source: | ||
| 2/12/2023 | Pending sale | $59,000$29/sqft |
Source: | ||
| 2/10/2023 | Listed for sale | $59,000+18%$29/sqft |
Source: | ||
| 4/25/2022 | Listing removed | -- |
Source: | ||
| 12/7/2021 | Price change | $750-6.3% |
Source: | ||
| 11/30/2021 | Listed for rent | $800 |
Source: | ||
| 8/20/2021 | Sold | $50,000+0.2%$24/sqft |
Source: | ||
| 8/13/2021 | Pending sale | $49,900$24/sqft |
Source: | ||
| 8/10/2021 | Listed for sale | $49,900+731.7%$24/sqft |
Source: | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 12/6/2018 | Sold | $6,000$3/sqft |
Source: Public Record Report a problem | ||
| 11/18/2018 | Price change | $6,000-77.8%$3/sqft |
Source: Owner Report a problem | ||
| 12/30/2017 | Listed for sale | $27,000+35%$13/sqft |
Source: Owner Report a problem | ||
| 6/30/2017 | Listing removed | $20,000$10/sqft |
Source: Owner Report a problem | ||
| 5/17/2017 | Price change | $20,000-45.8%$10/sqft |
Source: Owner Report a problem | ||
| 1/26/2017 | Listed for sale | $36,900+48.2%$18/sqft |
Source: Owner Report a problem | ||
| 4/29/2016 | Listing removed | $24,900$12/sqft |
Source: Link-Hellmuth #366732 Report a problem | ||
| 4/15/2016 | Pending sale | $24,900$12/sqft |
Source: Link-Hellmuth #366732 Report a problem | ||
| 4/15/2016 | Listed for sale | $24,900-10.9%$12/sqft |
Source: Link-Hellmuth #366732 Report a problem | ||
| 1/6/2016 | Sold | $27,950+12.2%$14/sqft |
Source: | ||
| 12/1/2015 | Pending sale | $24,900$12/sqft |
Source: Link-Hellmuth #366732 Report a problem | ||
| 8/17/2015 | Listed for sale | $24,900-11.7%$12/sqft |
Source: Link-Hellmuth #366732 Report a problem | ||
| 9/25/1995 | Sold | $28,200$14/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $798 +2.6% | $15,740 |
| 2023 | $777 -2.4% | $15,740 |
| 2022 | $796 +92.5% | $15,740 +109% |
| 2021 | $414 -0.2% | $7,530 |
| 2020 | $415 -42.3% | $7,530 -42.2% |
| 2019 | $719 -11.5% | $13,020 -7.9% |
| 2018 | $813 | $14,130 |
| 2017 | $813 -63.7% | $14,130 |
| 2016 | $2,237 +154.6% | $14,130 -5.6% |
| 2015 | $879 | $14,963 |
| 2014 | $879 +1.5% | $14,963 |
| 2013 | $865 +32.3% | $14,963 +26.8% |
| 2012 | $654 -2% | $11,796 |
| 2011 | $668 +4.7% | $11,796 |
| 2010 | $638 -6.5% | $11,796 -12% |
| 2009 | $682 -32.9% | $13,405 -34.9% |
| 2008 | $1,017 +1.3% | $20,577 |
| 2007 | $1,003 +22% | $20,577 +31.3% |
| 2006 | $823 +135.5% | $15,670 |
| 2005 | $349 -71.2% | $15,670 |
| 2004 | $1,214 +10.1% | $15,670 +12% |
| 2003 | $1,103 -0.2% | $13,990 |
| 2002 | $1,105 +19% | $13,990 +17.7% |
| 2000 | $929 | $11,890 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$693/mo
Principal & interest
$576
Property taxes
$117
Climate risks
Neighborhood: 45504
Nearby schools
GreatSchools rating
- 5/10Snyder Park Elementary SchoolGrades: K-6Distance: 0.8 mi
- 4/10Roosevelt Middle SchoolGrades: 7-8Distance: 2.1 mi
- 4/10Springfield High SchoolGrades: 9-12Distance: 2.1 mi







