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$ 159,000
Est. payment /mo
New
31 W Southern Avenue Springfield, OH 45506
3 Beds
2 Baths
1,871 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 2-4 Units
Listing Status Active
Purchase Type For Sale
Square Footage 1,871 sqft
Price per Sqft $84
MLS Listing ID 942342
Bedrooms 3
Full Baths 2
Year Built 1893
Annual Tax Amount $1,698
Lot Size 6,063 Sqft
Lot Dimensions 47x129
Property Sub-Type 2-4 Units
Property Description
Duplex Investment with Strong Income! This income-producing duplex offers two units, 2-bedroom, 1-bath unit down stairs and 1-bedroom 1-bath unit upstairs. Separate electric and gas meters. The property currently brings in $1,750 per month, and both tenants want to remain, making this a solid investment with consistent cash flow from day one. Recent updates include new water heaters installed in December 2024, newer windows in select areas, new exterior doors, and added insulation completed in March 2025. The upstairs unit is equipped with a mini-split, while the downstairs unit has a furnace, giving each tenant independent comfort. While the property could use some additional improvements, the major utility updates are already in place, making it an attractive opportunity for an investor looking to add value while benefiting from reliable rental income.
Location
State OH
County Clark
Zoning Residential
Rooms
Basement Cellar
Interior
Heating Baseboard, Forced Air, Natural Gas, Other
Cooling None
Exterior
Parking Features None
Building
Structure Type Asbestos
Schools
School District Springfield
Listed by Coldwell Banker Heritage
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