3131 W Southern Avenue Springfield, OH 45506
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,871 sqft
Price per Sqft $77
Subdivision Houck
MLS Listing ID 1046559
Bedrooms 3
Full Baths 2
Year Built 1893
Tax Year 2025
Lot Size 5,662 Sqft
Lot Dimensions 0.13
Source Western Regional Information Systems & Technology (WRIST)
Property Description
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.
Location
State OH
County Clark
Community Houck
Area 0.13
Direction GPS
Rooms
Basement Block, Unfinished
Interior
Heating Baseboard, Forced Air, Natural Gas, Space Heater
Heat Source Forced Air, Natural Gas, Baseboard, Space Heater
Exterior
Exterior Feature Asbestos
Parking Features No Garage
Building
Story Two
Sewer Public Sewer
Water Supplied Water
Level or Stories Two
Schools
High Schools 1206 Springfield Csd
School District 1206 Springfield Csd
Others
Tax ID 3400700034328005
Acceptable Financing 1031 Exchange, Cash, Conventional, Other New Financing
Listing Terms 1031 Exchange, Cash, Conventional, Other New Financing
Virtual Tour https://www.propertypanorama.com/instaview/wrist/1046559