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  • $144,900

    31-31.5 W Southern Ave, Springfield, OH 45506

    3beds
    1,871sqft
    : 
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    Multi Family
    Built in 1893
    -- sqft lot
    $-- Zestimate®
    $77/sqft
    $-- HOA

    What's special

    New exterior doors
    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.
    14 days
    |
    229
    |
    7
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Cecilia Hill 937-322-0352,

    Coldwell Banker Heritage

    Source: WRIST,MLS#: 1046559MLS Logo

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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

        DateEventPrice
        6/23/2026Listed for sale$144,900$77/sqft
        Source: WRIST #1046559 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        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.
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        Climate risks

        Neighborhood: 45506

        Getting around

        25 / 100
        Car-Dependent
        61 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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