$69,900
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262 Raffensperger Avenue, Springfield, Oh 45503, Springfield, OH 45503

2 Beds
1 Bath
1,148 Sq Ft

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.

  • MLS# 226003642
  • Date Listed02/07/2026
  • Bedrooms 2
  • Bathrooms 1 Full baths
  • Lot Size 0.22 acres (9,583 sq. ft)
  • Sewer Public Sewer
  • Property Type Single Family
  • County Clark
  • Year Built 1911
  • Water Public
  • Square Feet 1,148 sq. ft
  • Price Per Sq. Ft $60.89

Exterior / Lot Features

  • Roof -
  • Lot Size Acres 0.22
  • Lot Size SQFT 9,583.20
  • Lot Features -

Financial Considerations

  • Tax Amount $2,710
  • Terms Cash, Conventional, FHA, VA Loan

Schools near 45503

Explore the local neighborhood highlights and top-rated schools near 45503 in Springfield, OH.

Nearby Schools

Source: School Digger

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for 45503

Discover key demographics, population statistics, and environmental insights for the Springfield, OH area.

Population & Environment

Source: Sperling's Best Places

Walkability in OH / 45503

Source: Walk Score

68/100

Somewhat Walkable

Walk Score ®

0/100

Minimal Transit

Transit Score ®

48/100

Bikable

Bike Score ®

Overview

Some errands can be accomplished on foot. It is possible to get on a bus. Minimal bike infrastructure.


Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 18/100, Transit Score: 0/100, Bike Score: 34/100.

Property Change History

Points of Interest near 262 Raffensperger Avenue, Springfield, OH 45503, Springfield, OH 45503

Frequently Asked Questions for 262 Raffensperger Avenue, Springfield, OH 45503

Source: Realty.com

262 Raffensperger Avenue, Springfield, OH 45503, Springfield, OH 45503 in Springfield, OH 45503 is a single family listed at $69,900. Highlights include 2 bedrooms, 1 bathroom, 1,148 sq. ft., built in 1911, 0.22 acre lot, $61 per sq. ft.. Realty.com has 30 photos, sales history, school insights, and mortgage tools f...

Realty.com has 30 photos of 262 Raffensperger Avenue, Springfield, OH 45503.

Our records indicate that 262 Raffensperger Avenue, Springfield, OH 45503 was built in 1911.

The full address for this home is 262 Raffensperger Avenue, Springfield, OH 45503, Springfield, OH 45503.

262 Raffensperger Avenue, Springfield, OH 45503 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, Springfield, OH 45503. 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 2026-08-25 04:56:18. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.