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Located at 262 Raffensberger Ave., this property presents a rare opportunity for an investor or ministry-minded buyer who understands both value and vision. Positioned on a corner lot in a quiet neighborhood on the east side of Springfield, this home offers flexibility, upside, and long-term potential. The home has good bones and all utilities are currently on, including heat, water, and electric. It was recently rented, making it a viable investment property from day one, while also offering the option to serve as a ministry home or parsonage. The layout includes two bedrooms upstairs, one full bathroom, and on the main level a kitchen, dining room, and living room. A basement provides additional space, ideal for storage or mechanical access. The property does need some TLC, including paint, flooring, and cosmetic updates, allowing the next owner to add value and tailor it to their vision. Whether you're looking to renovate and hold, rent, or occupy, the fundamentals are already in place. What truly sets this opportunity apart is the bigger picture. An adjacent lot sits next to the home, and beyond that is a full church that can be purchased together or separately. The home is offered at $69,900, the church at $59,900, and the lot price is negotiable. This creates a unique chance to assemble a multi-parcel investment, develop the lot in the future, or establish a centralized ministry campus. With ample parking potential due to its corner location and proximity to the church and additional land, this property offers more than a houseit offers options. For the investor with foresight and the heart to serve, this is an opportunity where stewardship and strategy meet.
St Route 41 to Kenilworth to Raffensperger
Source: School Digger
Public • PK - 2 • Serves this home
Distance
Public • 3 - 6 • Serves this home
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Public • PK - 2 • Serves this home
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Public • 3 - 6 • Serves this home
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Public • 7 - 12
Distance
Source: Public Records
| Street Address | Beds | Baths | Sold Date | List Price | Valuation Date | Valuation Price |
|---|---|---|---|---|---|---|
| 706 Cedar Street | Listing | 3 | 1 | Jan 02, 2026 | $24,900 | Mar 21, 2024 | $269,844 |
| 1810 Cheviot Hills Drive | 3 | 2 | Jan 02, 2026 | $180,000 | Feb 10, 2026 | - |
| 3108 Henderson Court | 5 | 4 | Feb 04, 2026 | $389,900 | Feb 10, 2026 | - |
| 2504 Hilldale Road | Listing | 2 | 1 | Feb 04, 2026 | $130,000 | Dec 28, 2020 | $122,000 |
| 155 Lawnview Avenue | Listing | 2 | 1 | Feb 04, 2026 | $72,900 | Mar 21, 2024 | $71,946 |
| 3137 E High Street | Listing | 3 | 2 | Feb 04, 2026 | $185,000 | Mar 21, 2024 | $190,643 |
| 155 Lawnview Avenue | 2 | 1 | Feb 04, 2026 | $72,900 | Feb 10, 2026 | - |
| 3137 E High Street | Listing | 3 | 2 | Feb 04, 2026 | $185,000 | Mar 21, 2024 | $190,643 |
| 2504 Hilldale | 2 | 1 | Feb 04, 2026 | $130,000 | Feb 10, 2026 | - |
| 1411 Sunset Avenue | Listing | 2 | 1 | Feb 04, 2026 | $89,900 | Aug 12, 2022 | $21,700 |
Source: Sperling's Best Places
| Zip | City | County | National | |
|---|---|---|---|---|
| Population | 32,537 | 58,320 | 134,629 | 335,858,263 |
| Population Density | 1,894 | 2,168 | 339 | 95 |
| People per Household | 2.3 | 2.4 | 2.5 | 2.6 |
| Median Age | 41.8 | 37.6 | 41.3 | 39.1 |
| Median Income | $50,031 | $41,517 | $52,530 | $66,222 |
| Average Income | $27,658 | $22,619 | $27,165 | $35,475 |
| Cost of Living Index | 82 | 82 | 88 | 100 |
| Zip | City | County | National | |
|---|---|---|---|---|
| January Avg. High Temp | 18.2°F | 18.2°F | 18.2°F | 22.6°F |
| July Avg. High Temp | 83.8°F | 83.8°F | 83.8°F | 86.2°F |
| Annual Precipitation | 37.7" | 37.7" | 40.77" | 38" |
65/100
Walk Score ®
48/100
Bike Score ®
The average walkability score in the surrounding area is Walk Score: 18/100, Transit Score: 0/100, Bike Score: 34/100.
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581 ft
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2 bds • 1 ba • 1,148 sqft
262 Raffensperger Avenue, Springfield, OH 45505
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Source: Realty.com
262 Raffensperger Avenue, Springfield, OH 45503 is a Single Family 1,148 sq. ft. home listed for sale. Realty.com has 30 photos available of this 2 bed, 1 bath house, listed at $69,900. View sales and tax history, use our mortgage calculator and more on Realty.com
Realty.com has 30 photos of 262 Raffensperger Avenue.
Our records indicate that 262 Raffensperger Avenue was built in 1911.
The full address for this home is 262 Raffensperger Avenue, Springfield, OH 45503.
262 Raffensperger Avenue has been listed on Realty.com since Sat February 07, 2026
Some errands can be accomplished on foot. It is possible to get on a bus. Minimal bike infrastructure.
The average walkability score in the surrounding area is Walk Score: 18/100, Transit Score: 0/100, Bike Score: 34/100.
There are 2 schools assigned to this home. Check out the schools near 262 Raffensperger Avenue. Spring Hill Elementary School (Grades: PK - 2), Schrop Intermediate School (Grades: 3 - 6)
Listing provided courtesy of:
Coldwell Banker Heritage
(tel: 937-434-7600)
Listing agent:
Arthur Solomon
(tel: 937-631-5562)
(#677000571)
This content last refreshed on 2026-02-10 13:15:28. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Export listing data of 262 Raffensperger Avenue, Springfield, OH 45503 : MLS# 226003642