400 S Arlington Avenue, Springfield, OH 45505
400 S Arlington Avenue, Springfield, OH 45505
400 S Arlington Avenue, Springfield, OH 45505
16
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Listed by Julie Broghamer Real Estate II, Inc.
$179,900
Est. payment /mo
4 Beds
2 Baths
2,344 SqFt
Active

400 S Arlington Avenue Springfield, OH 45505

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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,344 sqft

Price per Sqft $76

MLS Listing ID 1043511

Style Wood Frame

Bedrooms 4

Full Baths 2

Year Built 1910

Tax Year 2024

Lot Size 7,405 Sqft

Lot Dimensions 0.17

Source Western Regional Information Systems & Technology (WRIST)

Property Description

12% Cap Rate! Add this updated, well-maintained duplex to your investment portfolio--or enjoy the benefits of owner-occupied living while your tenant helps pay the mortgage. This solid income-producing property brings in $2,400 per month.
Unit 400 - $1,200/mo( 5 months left on lease)
This unit features fresh paint, new lighting, updated appliances, and a new dedicated outlet for the bedroom AC. Updated electric panel, furnace, and water heater provide peace of mind.

Unit 402 - $1,200/mo (Month-to-month)
Updated within the last 18 months, including a newer refrigerator and stove. Mechanical updates include an improved electric panel, furnace, and water heater.

Both units offer original hardwood floors, classic architectural charm, and access to a welcoming covered porch perfect for enjoying the outdoor.
First Floor: Living room, dining room, kitchen, and a bright sunroom--ideal for office space or flex use

Second Floor: Two large bedrooms and one full bath

Basement: Private storage areas for each unit plus laundry hookups

Garage: Each tenant receives one side for storage

Exterior: Large shared side yard
Low Operating Expenses:
Water: Averages under $75/month
Lawn care: $40 per cut
Tenants pay their own electricity, gas, and trash
This turn-key duplex offers strong cash flow, modest expenses, and a stable rental history--the ideal addition to any rental portfolio.
can be Sold as a package with 250-254 S Douglas

Photos are of only 1 unit

Location

State OH

County Clark

Area 0.17

Zoning Residential

Direction lexington to street

Rooms

Basement Unfinished

Interior

Heating Natural Gas

Cooling Window Unit(s)

Flooring Vinyl, Wood

Fireplaces Type Decorative

Fireplace Yes

Appliance Range, Refrigerator

Heat Source Natural Gas

Exterior

Exterior Feature Wood Siding, Vinyl Siding

Parking Features Detached

Utilities Available Sewer Connected, Natural Gas Connected

Garage Yes

Building

Lot Description Residential Lot

Story Two

Foundation Stone

Sewer Public Sewer

Water Supplied Water

Architectural Style Wood Frame

Level or Stories Two

Schools

High Schools 1206 Springfield Csd

School District 1206 Springfield Csd

Others

Tax ID 3400700022123001

Ownership Non-Occupant

Acceptable Financing 1031 Exchange, Cash, Conventional, Other New Financing

Listing Terms 1031 Exchange, Cash, Conventional, Other New Financing

Special Listing Condition Seller is Broker/Agt

Virtual Tour https://www.propertypanorama.com/instaview/wrist/1043511


NEARBY SCHOOL & BUSINESS
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Mo Carpenter

Mo Carpenter

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+1(614) 623-8268

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400 S Arlington Avenue