Bob Johnson
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.
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
Days on Site: 1
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
Shown By
Agent Name: Bob Johnson
Agent Phone: (419) 350-2333
Agency Title: Key Realty
Estimate Your Payment
Estimated Payment
$ 949.63 per month $810.53 Principal & Interest $96.83 Property Tax $42.26 Homeowner's InsuranceChange Payment Information
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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 robertjohnson.ikeyrealty.com today.