Springfield Homes under $200,000

Welcome to Springfield, Ohio—a vibrant city that beautifully combines small-town charm with modern amenities. Nestled in Clark County, Springfield is known for its rich history, friendly community, and a plethora of recreational activities. With its picturesque parks, engaging cultural scene, and a variety of local eateries, Springfield offers a welcoming atmosphere for families, young professionals, and retirees alike.

For those seeking affordable housing options, Springfield is an excellent choice. The real estate market here boasts a selection of homes priced under $200,000, making it an ideal destination for first-time homebuyers or those looking to downsize. From cozy bungalows to spacious family homes, there’s a property to suit every taste and budget. Many of these homes feature charming architectural details, generous yards, and are located in friendly neighborhoods with easy access to schools, shopping, and parks.

Springfield's affordability doesn't compromise on quality of life. Residents enjoy a low cost of living, making it easier to enjoy the many recreational opportunities available. Explore the scenic trails of the nearby Buck Creek State Park or dive into the local arts scene with galleries and theaters showcasing the talents of Springfield’s residents.

With its rich heritage, community spirit, and an array of homes under $200,000, Springfield, Ohio, is not just a place to live—it’s a place to call home. Discover the warmth and opportunity that await you in this charming city, where your dream home is just a key turn away!

Newest Springfield Homes under $200,000

$55,000

4 Beds ⋅ 2 Baths ⋅ 5238478 MLS

**Value-add duplex opportunity in Springfield!** 901 W Columbia St offers approximately 2,216 square feet with 4 total bedrooms and 2 full bathrooms, providing investors with the opportunity to renovate, reposition and add another multifamily property to their portfolio. The property is a two-story duplex with each unit offering its own living space, kitchen and bath. Portions of the property are currently in various stages of renovation, with some improvements already started while additional work remains for the next owner to complete. Existing features include hardwood flooring in portions of the home, cabinetry, central heating and cooling, a partial basement, multiple porches and a level lot. With over 2,200 square feet of living space and a traditional duplex layout, there is plenty of room to create two attractive rental units. Whether you're looking for your next rehab project, long-term rental, or value-add investment, this property offers a solid opportunity to bring your vision to completion and build equity.

901 W Columbia Street, Springfield

$88,000

3 Beds ⋅ 1 Baths ⋅ 5234978 MLS

Investor opportunity! This tenant-occupied 3-bedroom, 1-bath ranch offers 960 sq. ft. of convenient one-floor living and the opportunity to add an already occupied single-family property to your rental portfolio. Built in 1957, the home features a comfortable living area, functional eat-in kitchen, three bedrooms, and a full bath, with refrigerator, stove, microwave, and dishwasher included. Major mechanicals are already in place, including central heating and air with an approximately 8-year-old HVAC system, breaker-panel electrical, and city water and sewer. The roof is reported to be 10+ years old with no known issues and was inspected approximately eight years ago. A full basement provides plenty of additional storage and includes a sump pump, while the 2-car garage adds valuable parking and storage space. The property is currently tenant occupied, making it especially appealing for an investor looking for a rental property without starting from an empty house. With three bedrooms, central air, a full basement, garage, and city utilities, this property checks many of the boxes investors look for in a long-term single-family rental. Add it to your portfolio and start building from an already occupied property!

1000 Beacon Street, Springfield

$169,900

4 Beds ⋅ 1 Baths ⋅ 5219380 MLS

Opportunity awaits with this charming Cape Cod situated on a spacious 0.27-acre lot near Springfield Lake! Offering 1,008 square feet of living space, this home is ready for your vision and updates. The main level features a functional layout with plenty of natural light, while the full walk-out basement provides incredible potential for additional finished living space, a recreation room, home office, or workshop. Enjoy the large yard with room for gardening, outdoor entertaining, or future improvements. Conveniently located near Springfield Lake, parks, shopping, and major routes, this property is ideal for investors, renovators, or buyers looking to build equity. Bring your ideas and transform this home into something special!

1435 Slagle Drive, Springfield

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