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  • $54,500

    262 Raffensperger Ave, Springfield, OH 45505

    2beds
    1,148sqft
    Single Family Residence
    Built in 1911
    9,583.2 Square Feet Lot
    $-- Zestimate®
    $47/sqft
    $1,231 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,231/mo

    Zestimate® history
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    What's special

    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 house—it offers options. For the investor with foresight and the heart to serve, this is an opportunity where stewardship and strategy meet.

    Zillow last checked: 8 hours ago

    Listing updated: February 20, 2026 at 01:57pm

    Listed by:

    Arthur Solomon 937-322-0352,

    Coldwell Banker Heritage

    Bought with:

    JOHN DOE (NON-WRIST MEMBER)

    WR

    Source: WRIST,MLS#: 1043671MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Bedroom 1
    • Level: Second
    • Area: 180 Square Feet
    • Dimensions: 15.00 x 12.00
    Bedroom 2
    • Level: Second
    • Area: 143 Square Feet
    • Dimensions: 13.00 x 11.00
    Dining room
    • Level: First
    • Area: 192 Square Feet
    • Dimensions: 16.00 x 12.00
    Kitchen
    • Level: First
    • Area: 120 Square Feet
    • Dimensions: 12.00 x 10.00
    Living room
    • Level: First
    • Area: 234 Square Feet
    • Dimensions: 18.00 x 13.00
    Heating
    • Other
    Features
    • Basement: None
    • Has fireplace: No
    Interior area
    • Total structure area: 1,148
    • Total interior livable area: 1,148 sqft

    Property

    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 9,583 sqft
    • Features: Residential Lot
    Details
    • Parcel number: 3400700022117001

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Vinyl Siding
    Condition
    • Year built: 1911

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Supplied Water

    Community & neighborhood

    Location
    • Region: Springfield
    • Subdivision: East High

    Other

    Other facts
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    2/20/2026Sold$54,500-22%$47/sqft
    Source: WRIST #1043671 Report a problem
    2/13/2026Pending sale$69,900$61/sqft
    Source: DABR MLS #951876 Report a problem
    2/7/2026Listed for sale$69,900+55.3%$61/sqft
    Source: DABR MLS #951876 Report a problem
    1/20/1993Sold$45,000$39/sqft
    Source: Agent Provided Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$1,225 +2.6%$24,170
    2023$1,194 -2.4%$24,170
    2022$1,223 +18.8%$24,170 +29%

    Find assessor info on the county website

    Neighborhood: 45505

    Nearby schools

    GreatSchools rating
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