$125,000

371 Hensel Ave Springfield, OH 45505

$1,484
Closing credit¹
3 beds
1 full
1,183 sqft
0.1 acres
$106 / sqft
House

Property details

About 371 Hensel Ave

Investment Opportunity - Multiple Exit Strategies! 371 Hensel Ave, Springfield, OH 45505 Attention investors and creative buyers! This versatile property is a prime opportunity to grow your portfolio in a steadily developing area of Springfield. Whether you're looking for immediate cash flow, long-term equity, or flexible buying options—this one checks the boxes. Key Features: Currently tenant-occupied with consistent rental income Ideal for Buy & Hold, Lease-to-Own, or continued Traditional Rental Solid structure with room for cosmetic upgrades to boost value Convenient location near schools, parks, and local employers Lease-to-Own Option Available! Perfect for tenant-buyers who need time before purchasing. Generate monthly income while offering a path to ownership—helping reduce turnover and increase long-term returns. Fix & Flip Potential If the tenant moves out, this property could be updated and resold for profit. Investors can adjust their strategy based on market timing and tenant plans. Whether you're looking for cash flow from Day 1 or a flexible property to reposition down the line, 371 Hensel Ave delivers on value and opportunity. Priced to move—don't miss out on this income-generating investment!

Highlights

Home typeSingle Family Residence
StatusActive
Size1,183 sqft
BasementYes
Lot size0.13 Acres
Year built1911
ParkingOn Street
MLS #225010454

Summary

  • Full Bathrooms: 1
  • Basement: Yes
  • Total Bedroom Count: 3
  • Attached Garage: No
  • Parking: On Street
  • Architectural Style: Cape Cod
  • List Price: $125,000
  • Price/SqFt: $105
  • Annual Tax Amount: $493
  • Tax Year: 2022
  • Year Built: 1911
  • Living Area: 1,183 SqFt
  • Lot Size: 0.13 Acres
  • MLS Number: 225010454
  • MLS Name: Columbus and Central Ohio Regional MLS
  • Office Name: Realty ONE Elements
  • Office Phone: (614) 745-1908
  • Listing Agent: Demekia Hill

IDX The information is being provided by Columbus and Central Ohio Regional Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.

Copyright © 2025 Columbus and Central Ohio Regional Multiple Listing Service. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/5/2025, 12:50:34 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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371 Hensel Ave, Springfield, OH 45505 - bungalow-style house with fence and a front lawn

$125,000

371 Hensel Ave

$1,484

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2023$9,750$-
2022$9,750$493
2021$8,340$-
2020$8,340$459
2019$8,340$460
2018$7,530$433
2017$7,530$432

History based on county public records data.

Nearby schools

3

Lincoln Elementary School

Public District KG-6

0.2 mi

1500 Tibbetts Ave

2

Kenwood Elementary School

Public District KG-6

0.8 mi

1421 Nagley St

3

Perrin Woods Elementary School

Public District KG-6

0.9 mi

431 W John St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $26,000. The most common annual income of people living in Springfield, OH is less than $<35k. The majority of families are single, with kids. Residents of this area typically have high school diploma education.

How much money do the neighbors make?

67%
<35k
27%
35k-100k
0%
100k-200k
6%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

37%
Single, No Kids
41%
Single, with Kids
11%
Married, No Kids
11%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

26%
<11 yrs old
12%
12-17 yrs old
24%
18-34 yrs old
29%
35-64 yrs old
9%
65+ yrs old

What do the neighbors do for fun?

  • UFCUFC
  • Pro WrestlingPro Wrestling
  • Pro BoxingPro Boxing

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • BurlingtonBurlington
  • Big LotsBig Lots

Where do the neighbors go to eat?

  • Burger KingBurger King
  • Cicis PizzaCicis Pizza
  • PopeyesPopeyes

What do the neighbors drive?

  • BuickBuick
  • PontiacPontiac
  • DodgeDodge

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Adult StandardsAdult Standards
  • Contemporary InspirationalContemporary Inspirational
All data provided by Home Junction and Claritas

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Frequently asked questions

About 371 Hensel Ave

The listing price of 371 Hensel Ave property is $125,000.

The property 371 Hensel Ave is a house located in Springfield, Ohio, 45505.

Active Listing: 371 Hensel Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 371 Hensel Ave are: Lincoln Elementary School (GreatSchools Rating 3/10), Kenwood Elementary School (GreatSchools Rating 2/10), Perrin Woods Elementary School (GreatSchools Rating 3/10), Hayward Middle School (GreatSchools Rating 4/10), Springfield Preparatory and Fitness Academy (GreatSchools Rating 3/10), Schaefer Middle School (GreatSchools Rating 3/10), Global Impact STEM Academy (GreatSchools Rating 5/10), Shawnee Middle School/High School (GreatSchools Rating 7/10), Springfield High School (GreatSchools Rating 2/10).

According to the records, the last property tax for 2022 is $493 (source: MLS/based on county public records data).

The property at 371 Hensel Ave has 3 bedrooms and 1 bathroom.

The property 371 Hensel Ave is 1,183 SqFt (source: MLS/tax record).

The year of construction for 371 Hensel Ave is 1911.

This home is located at 371 Hensel Ave in Springfield, OH and zip code 45505. This 1,183 square foot home, which was built in 1911, sits on a 0.13 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since April 3, 2025 and is currently priced at $125,000.

In May 2025 more than 43 listings in Springfield, OH were sold above the asking price. During the same period more than 39 listings were sold at asking price, while more than 66 were sold below. In May 2025 in Springfield, OH there were 0.8% less homes for sale than in April. In May 2025, listings were on the market for 62 days. During the same period, the median list price in this real estate market was $180,266.

From Rocket Homes Real Estate and based on county public records data.

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