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.
Active
$144,900
31-31.5 W Southern Ave, Springfield, OH 45506
3beds
1,871sqft
Multi Family
Built in 1893
-- sqft lot
$-- Zestimate®
$77/sqft
$-- HOA
What's special
New exterior doors
- 14 days |
- 229 |
- 7 |
Zillow last checked:
Listing updated:
Listed by:
Cecilia Hill 937-322-0352,
Coldwell Banker Heritage
Source: WRIST,MLS#: 1046559
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Baseboard, Forced Air, Natural Gas, Space Heater
Features
- Basement: Block,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 1,871
- Total interior livable area: 1,871 sqft
Video & virtual tour
Property
Features
- Levels: Two
- Stories: 2
Lot
- Size: 5,662 Square Feet
- Dimensions: 47 x 129
Details
- Parcel number: 3400700034328005
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Asbestos
Condition
- Year built: 1893
Utilities & green energy
- Sewer: Public Sewer
- Water: Supplied Water
Community & HOA
Community
- Subdivision: Houck
Location
- Region: Springfield
Financial & listing details
- Price per square foot: $77/sqft
- Date on market: 6/23/2026
- Listing terms: 1031 Exchange,Cash,Conventional,Other New Financing
Estimated market value
Not available
Estimated sales range
Not available
$1,032/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/23/2026 | Listed for sale | $144,900$77/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
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: 45506
Nearby schools
GreatSchools rating
- 4/10Perrin Woods Elementary SchoolGrades: K-6Distance: 0.7 mi
- 5/10Hayward Middle SchoolGrades: 7-8Distance: 0.9 mi
- 4/10Springfield High SchoolGrades: 9-12Distance: 2.8 mi
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.
- Ohio
- Clark County
- Springfield
- 45506
- 31-31.5 W Southern Ave





