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31-31.5 W Southern Avenue, Springfield, OH 45506

$144,900
  • 31-31.5 W Southern Avenue, Springfield, OH 45506 Main Photo

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New to the Market Active
BEDS3 BATHS2 full SQUARE FEET1,871 MLS#1046559
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONHouck SCHOOLSpringfield

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 $1,700 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.

31-31.5 W Southern Avenue | MLS# 1046559

This multi-family property located at 31-31.5 W Southern Avenue, Springfield, OH 45506 is currently listed for sale with an asking price of $144,900. 31-31.5 W Southern Avenue is located within the Springfield school district. Search Springfield real estate on kellicunningham.ikeyrealty.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Block, Unfinished
Garage: No Garage
Heating: Baseboard, Space Heater, Natural Gas, Forced Air
Lot Size: 0.13 Acres
Stories: 2.0
Taxes: $1,162
Year Built: 1893

Feature Descriptions

Exterior: Asbestos
Lot Dimensions: 47x129
Parcel ID: 3400700034328005
Sewer: Public Sewer
Water: Supplied Water

Local Schools

School District: Springfield

Listed By / Shown By

Listed By

Agency Name: Coldwell Banker Heritage
Agent Name: Cecilia Hill
Agency Phone: (937) 322-0352

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Shown By

Agent Name: Kelli Cunningham
Agent Phone:
Agency Title: Key Realty

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Estimated Payment

$ 949.63 per month $810.53 Principal & Interest $96.83 Property Tax $42.26 Homeowner's Insurance

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