Closed

Zestimate^®

$40,000

122 Prairie Ave, Springfield, OH 45505

3beds

1,292sqft

Single Family Residence

Built in 1912

6,534 Square Feet Lot

$40,000 Zestimate^®

$31/sqft

$1,404 Estimated rent

Home value

$40,000

$37,000 - $44,000

$1,404/mo

Zestimate^® history

Owner options

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$1,404/mo

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$1,404/mo

Rent Zestimate^®

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$206/mo

Est. payment

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$206/mo

Est. payment

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What's special

ONSITE PUBLIC AUCTION - Friday, June 19 at 12noon. INVESTORS DREAM...cheap rental property with long term tenants. Appraised at only $25,000 this 3 bedroom 1 bath home can be an instant cash flowing rental. Tenants paying $550 a month and would like to stay. Yearly property taxes $289. Tenants pay gas, electric, & water. Owner pays trash. Yes, house will need some updates down the road but worry about that after you've collected rent for awhile. House will be open 1 hour prior to auction. Terms - 10% of the purchase price required at close of auction, balance upon delivery of deed within 40 days. Taxes prorated to day of closing. Possession subject to tenants rights. Real estate has been appraised at $25,000 and sells to the highest bidder subject to confirmation of sellers.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 1
1/2 bathrooms: 1

Heating

Forced Air, Natural Gas

Features

Basement: Block
Has fireplace: No

Interior area

Total structure area: 1,292
Total interior livable area: 1,292 sqft

Property

Features

Levels: Two
Stories: 2

Lot

Size: 6,534 Square Feet
Dimensions: 45 x 150
Features: Residential Lot

Details

Parcel number: 3400700033215018
Zoning description: Residential
Special conditions: Auction

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Wood Siding
Foundation: Block, Stone

Condition

Year built: 1912

Utilities & green energy

Sewer: Public Sewer
Water: Supplied Water

Community & HOA

Community

Subdivision: Thomas

HOA

Has HOA: No

Location

Region: Springfield

Financial & listing details

Price per square foot: $31/sqft
Tax assessed value: $18,540
Annual tax amount: $289
Date on market: 5/30/2026
Listing terms: Cash,Conventional

Price history

Date	Event	Price
7/16/2026	Sold	$40,000-10.9%$31/sqft
Source: WRIST #1046016 Report a problem
10/7/2021	Listing removed	$44,900$35/sqft
Source: WRIST #1011843 Report a problem
8/13/2021	Price change	$44,900-10%$35/sqft
Source: WRIST #1011843 Report a problem
7/13/2021	Listed for sale	$49,900+107.9%$39/sqft
Source: WRIST #1011843 Report a problem
11/16/2001	Sold	$24,000$19/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$289 +16.8%	$6,490 +33%
2024	$247 +2.6%	$4,880
2023	$241 -2.4%	$4,880
2022	$247 +11.5%	$4,880 +21.1%
2021	$221 -0.2%	$4,030
2020	$222 -0.2%	$4,030
2019	$223 +9.6%	$4,030 +14.2%
2018	$203	$3,530 -0.1%
2017	$203 0%	$3,535
2016	$203 -12.1%	$3,535 -10.5%
2015	$231	$3,948
2014	$231 +1.5%	$3,948
2013	$228 -58.8%	$3,948 -60.4%
2012	$553 -2%	$9,958
2011	$564 +4.7%	$9,958
2010	$539 -6.4%	$9,958 -12%
2009	$576 +3%	$11,319
2008	$559 +1.3%	$11,319
2007	$552 -6%	$11,319 +1.3%
2006	$587 +142.2%	$11,179
2005	$242 -72%	$11,179 0%
2004	$866 +13%	$11,180 +15%
2003	$766 -0.2%	$9,720
2002	$768 +18.8%	$9,720 +17.4%
2000	$647	$8,280