$70,000

727 Reed Ave Springfield, OH 45505

$831
Closing credit¹
2 beds
1 full
1,184 sqft
0.07 acres
$59 / sqft
House

Property details

About 727 Reed Ave

Investor Alert! Don't miss this 2 bedroom house in a performing rental area. Property is currently vacant. Last tenant rented at $550 per month. Financials available upon request. Add to your passive income portfolio, or buy it as a package. This is 1 of 7 properties offered as a real estate investment portfolio opportunity. All properties are 100% occupied and professionally managed. 72-hour notice is required for showing requests due to tenanted properties. Great cash flow.

Highlights

Home typeSingle Family Residence
HeatingForced Air, Natural Gas
StatusActive
CoolingCentral Air
Size1,184 sqft
BasementYes
Lot size0.07 Acres
Year built1881
ParkingDetached
MLS #1037935
Garage1 space

Summary

  • Full Bathrooms: 1
  • Basement: Yes
  • Total Bedroom Count: 2
  • Garage Space: 1 space
  • Parking: Detached
  • Architectural Style: Framed
  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air
  • List Price: $70,000
  • Price/SqFt: $59
  • Annual Tax Amount: $497
  • Tax Year: 2020
  • Directions: RT 72 Springfield , right on Selma Rd., right on Reed Avenue
  • Year Built: 1881
  • Stories: 2
  • Living Area: 1,184 SqFt
  • Lot Size: 0.07 Acres
  • MLS Number: 1037935
  • MLS Name: WRIST
  • Office Name: Agoras Maxxed Out Realty
  • Office Phone: (661) 399-9478
  • Listing Agent: Todd Pultz

IDX Information is provided by Western Regional Information Systems and Technology, Inc. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2025 Western Regional Information Systems and Technology, Inc. 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: 6/2/2025, 2:15:38 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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727 Reed Ave, Springfield, OH 45505 - view of front facade featuring a porch and fence

$70,000

727 Reed Ave

$831

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Jun 15, 2021
Home Sold
$67,500
Jun 03, 1999
Home Sold
$20,500

Tax history

YearAssessmentProperty Tax
2023$10,840$-
2022$10,840$-
2021$9,280$-
2020$9,280$497
2019$9,280$498
2018$5,670$317
2017$5,670$316

History based on county public records data.

Nearby schools

3

Lincoln Elementary School

Public District KG-6

0.7 mi

1500 Tibbetts Ave

2

Kenwood Elementary School

Public District KG-6

0.9 mi

1421 Nagley St

2

Fulton Elementary School

Public District KG-6

1.1 mi

631 S Yellow Springs 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 $21,277. Typical income of Springfield, OH residents is less than $<35k annually. Most families are single, no kids. The majority of residents in this area have high school diploma education.

How much money do the neighbors make?

66%
<35k
31%
35k-100k
2%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Doctorate

What types of families live nearby?

47%
Single, No Kids
30%
Single, with Kids
9%
Married, No Kids
14%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

22%
<11 yrs old
12%
12-17 yrs old
23%
18-34 yrs old
32%
35-64 yrs old
11%
65+ yrs old

What do the neighbors do for fun?

  • UFCUFC
  • NHRA Drag RacingNHRA Drag Racing
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • Big LotsBig Lots
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • Burger KingBurger King
  • Golden CorralGolden Corral
  • Church's ChickenChurch's Chicken

What do the neighbors drive?

  • BuickBuick
  • KiaKia
  • CadillacCadillac

What do the neighbors listen to?

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

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Frequently asked questions

About 727 Reed Ave

The listing price of 727 Reed Ave property is $70,000.

The property 727 Reed Ave is a house located in Springfield, Ohio, 45505.

Active Listing: 727 Reed Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 727 Reed Ave are: Lincoln Elementary School (GreatSchools Rating 3/10), Kenwood Elementary School (GreatSchools Rating 2/10), Fulton Elementary School (GreatSchools Rating 2/10), 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), Springfield High School (GreatSchools Rating 2/10), Shawnee Middle School/High School (GreatSchools Rating 7/10).

According to the records, the last property tax for 2020 is $497 (source: MLS/based on county public records data).

The last sale was on June 15, 2021 for $67,500 (source: MLS/tax record).

The property at 727 Reed Ave has 2 bedrooms and 1 bathroom.

The property 727 Reed Ave is 1,184 SqFt (source: MLS/tax record).

The year of construction for 727 Reed Ave is 1881.

This home is located at 727 Reed Ave in Springfield, OH and zip code 45505. This 1,184 square foot home, which was built in 1881, sits on a 0.07 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since March 10, 2025 and is currently priced at $70,000.

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. The inventory of homes for sale in Springfield, OH between April and May 2025 decreased by 0.8%. While the average time on the market in May 2025 was 62 days, the median list price was $180,266.

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

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