Skip main navigation
For sale
  • $690,000

    1701 Lexington Ave, Springfield, OH 45505

    4beds
    6,468sqft
    : 
    Loading
    Get pre-qualified
    Multi Family
    Built in 1891
    -- sqft lot
    $-- Zestimate®
    $107/sqft
    $-- HOA

    What's special

    Corner propertyShampoo bowlsContemporary hard surface flooringAmple lightingBig entry waiting spaceGraveled lotUpdated plumbing
    This newly renovated & re-imagined duplex in the heart of the Brain All subdivision is a prime opportunity for the next business-minded buyer! Located in an area known for its rich entrepreneurial heritage, this corner property has been transformed into a Self-Care Beauty Multi-Plex, offering a perfect blend of modern convenience & historic charm. This unique business complex is a HUGE money maker with weekly cash-flow! *Weekly Cash Flow: 4 Fridays-$5637 or 5 Fridays-$6425 (Current rates with 1 suite vacancy) The main level features 9 fully equipped salon suites, complete w/ shampoo bowls, stylish suits & ample lighting. Designed w/ contemporary hard surface flooring, white trim, & sleek doors, the interior creates a fresh, professional atmosphere. All suites are rented on a weekly basis, w/ just one currently available for a new tenant. The average suite size is 9x11 with 2 larger suites measuring 11x11.This level also offers 2 handicap accessible bathrooms plus a BIG entry waiting space. There's even an office suite; 11x11 w/ a private entry. For added convenience, a 9x10 community laundry/washroom is available for suite owners, making daily operations smooth & hassle-free. The property boasts a low 5% vacancy rate, proving its strong rental history. *Upper Level Income: Monthly=$2050 On the upper level (with outside entry) houses 3 fully rented apartments. 1 unit offers 2 bedrooms, 1 bath, kitchen & living room. These units have new cabinetry, hard surface flooring and same neutral interior paint.The stairway leads to the common area used for communal laundry facilities. These apartments are a great source of additional steady income. There is off street parking available behind building. Graveled lot. Back door exit accessible. Significant improvements including: new flooring in all units, updated plumbing, New flat roof. New HVAC system ensuring that this property is in move-in condition; turn-key business operation & equipped for the future!
    109 days
    |
    70
    |
    2
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Alva L Fulk (937)390-3119,

    Real Estate II Inc.

    Source: DABR MLS,MLS#: 921811MLS LogoOriginating MLS: Dayton Area Board of REALTORS

    Loading...

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      • Full bathrooms: 3
      Heating
      • Forced Air, Natural Gas
      Cooling
      • Central Air
      Appliances
      • Included: Dryer, Washer, Gas Water Heater
      Features
      • Attic
      • Basement: Partial,Unfinished
      Interior area
      • Total structure area: 6,468
      • Total interior livable area: 6,468 sqft

      Property

      Parking
      • Parking features: No Garage
      Lot
      • Size: 7,501 Square Feet
      • Dimensions: 50 x 150
      Details
      • Parcel number: 3400700028222001
      • Zoning: Multiple
      • Zoning description: Multiple

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Aluminum Siding
      Condition
      • Year built: 1891

      Utilities & green energy

      • Water: Public
      • Utilities for property: Natural Gas Available, Sewer Available, Water Available

      Community & HOA

      Community
      • Subdivision: Brain
      Location
      • Region: Springfield

      Financial & listing details

      • Price per square foot: $107/sqft
      • Date on market: 10/14/2024
      • Listing terms: Conventional,Other

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        4/16/2025Listed for sale$690,000$107/sqft
        Source: WRIST #1034977 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 45505

        Getting around

        53 / 100
        Somewhat Walkable
        57 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: Springfield

        Source: DABR MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

        A local agent can set up tours, give advice and negotiate with sellers.

        A local lender can help you make sure your offer is ready when you are.

        Browse local experts

        Similar homes

        Skip to the end of the carouselSkip to the beginning of the carousel