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517 Broadway Street, Unit 515, Springfield, OH 45504$80,000

Sq. Feet: 1,884 Days on Site: n/a MLS#: 957275 View Map

Comments for 517 Broadway Street, Unit 515, Springfield, OH 45504

LAND CONTRACT OPTION! Located at 517-515 W Broadway Ave in Springfield, this is the kind of opportunity buyers look for when they are ready to take that first real step into real estate. Walk through this property and start thinking about what it could become. It is currently set up as a single-family home, but the layout was previously used as a two-family and may offer the potential to be converted back, subject to buyer verification of zoning, permits, and intended use. With approximately 1,884 square feet, four bedrooms, two full bathrooms, a full basement, and nearly half an acre, there is room here to build something that fits your plan.Land contract terms are available, creating an alternative path to ownership that may allow you to move forward without traditional financing, subject to agreed terms and buyer qualification. For buyers looking to get started or expand, this property may support a range of approaches such as house hacking with potential rental use, exploring a BRRRR strategy, or creating a long-term rental setup. The real value here is the ability to step in, make improvements over time, and shape the property around your goals, all subject to your own due diligence and verification.Opportunities offering flexible terms and multiple potential paths like this are not always easy to find.

Property Type: Multi Unit - Multiple Heating: Forced Air, Natural Gas
Basement: Yes Lot Dimensions: 146X143
Basement Features: Full Lot Size: 0.48 Acres
Cooling: Central Taxes: $526
Exterior: Vinyl Year Built: 1891
School District: Springfield

Listed By

Agency Name: Coldwell Banker Heritage
Agency Phone: (937) 322-0352

Shown By

Agent Name: Jon Glista
Agent Phone: (937) 620-8913
Agency Title: Irongate Inc., Realtors

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Clark County Demographic Information for 517 Broadway Street, Unit 515, Springfield, OH 45504

Fips
Fips Code39023
Population
2020 to 2025 Changedown 0.5%
2010 Count138,333
2020 Count136,001
2025 Estimate (V2025)135,340
2020 Estimate (V2025)135,971
Age Distribution (Years Old)
0 to 45.8%
5 to 1722.1%
18 to 6450.8%
65 and Older21.3%
Gender
Male49.1%
Female50.9%
Place of Birth
Foreign2.6%
US97.4%
Education
High School Graduate, Age 25+89.0%
Bachelor's Degree or Higher, Age 25+20.2%
Computer and Internet use
Households with a computer94.4%
Households with a broadband Internet subscription90.4%
Language
English is Second Language, Age 5+4.2%
English is First Language, Age 5+95.8%
Veterans
Veterans9,204
Income
Per Capita Income$33,791
Median Household Income$63,132
People in Poverty14.1%
Commute
Average Work Commute Time24 minutes
Housing
Total Housing Units61,154
Households55,975
Average Household Size2.37
Owner-Occupied69.4%
Multi-Family15.5%
Owner-Occupied Median Value$169,900
Median selected monthly owner costs -with a mortgage$1,262
Median selected monthly owner costs -without a mortgage$523
Median gross rent$872
Building Permits
New Private Housing Issued 2024232
Years at Residence
1 Year or More88.1%
Less Than 1 Year11.9%
Business and Employment
Private non-farm Establishments2,196
Private non-farm Employment42,831
Private non-farm Employment Growthdown 3.2%
Nonemployer Establishments7,662
Number of Firms1,640
Business Production
Value of Shipments$2,405,696,000
Wholesale Trade$1,808,100,000
Retail Trade$1,411,399,000
Retail Sales Per Capita$11,235
Accommodation and Food Services$207,893,000
Land
Land Area397.47 sq. miles
Population Per Square Mile348
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Jon Glista
Call: (937) 620-8913
Text: (937) 620-8913

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Mortgage Payment Calculation for 517 Broadway Street, Unit 515, Springfield, OH 45504

  • %
  • years/fixed
  • yearly
  • yearly (estimated)
  • Est. Payment: $560.10 / per month

(Payments are an estimate and may vary by lender)

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