131 E Southern Avenue, Springfield, OH 45505
Local realty services provided by:ERA Real Solutions Realty
131 E Southern Avenue,Springfield, OH 45505
$124,900
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: arthur a solomon
Office: coldwell banker heritage937-429-4500
MLS#:226031643
Source:OH_CBR
Price summary
- Price:$124,900
About this home
SPACIOUS, RENOVATED SIDE-BY-SIDE DOUBLE WITH 7 BEDROOMS, 3 FULL BATHS AND ESTIMATED GROSS RENTAL POTENTIAL OF $2,400 PER MONTH. Offering approximately 3,242 square feet, 131 E Southern features 4 bedrooms and 2 full baths, while 133 E Southern offers 3 bedrooms and 1 full bath. The 133 side has been completely remodeled with a new kitchen, new bathroom, new flooring throughout, fresh paint, new doors, LED lighting, switches and outlets. The 131 side has also undergone substantial improvements. Major capital items have already been addressed, including a brand-new roof, vinyl windows throughout, and separately metered gas and electric. Exterior improvements include fresh paint and repairs to the aluminum siding. Both units offer tall ceilings, spacious rooms, covered front porches and backyard access. With no tenants above or below, the side-by-side layout provides added privacy. Estimated market rents are $1,250 for the 4-bedroom, 2-bath unit and $1,150 for the renovated 3-bedroom, 1-bath unit, creating potential gross income of $28,800 annually. Owner pays water; occupants pay separately metered gas and electric. An excellent opportunity for an investor seeking a substantially improved rental or an owner-occupant looking to offset the mortgage with income from the adjoining unit. Conveniently located near South Limestone Street, downtown Springfield and I-70....
Contact an agent
Home facts
- Year built:1890
- Listing ID #:226031643
- Added:43 day(s) ago
- Updated:October 02, 2026 at 05:51 PM
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Year built:1890
- Lot area:0.02 Acres
Finances and disclosures
- Price:$124,900
- Tax amount:$531
New listings near 131 E Southern Avenue
- Coming Soon
$299,900Coming Soon3 beds 3 baths1,656 sq. ft.4070 Sintz Road, Springfield, OH 45504
MLS# 225000331Listed by: HOWARD HANNA REAL ESTATE SVCS - Open Sun, 1 to 2pmNew
$249,000Active3 beds 2 baths2,459 sq. ft.1617 Northgate Road, Springfield, OH 45504
MLS# 970250Listed by: GLASSHOUSE REALTY GROUP - New
$349,900Active3 beds 2 baths1,564 sq. ft.5800 Middle Urbana Road, Springfield, OH 45502
MLS# 970244Listed by: E-MERGE REAL ESTATE - New
$259,900Active3 beds 1 baths1,547 sq. ft.5414 Taywell Drive, Springfield, OH 45503
MLS# 970220Listed by: HOWARD HANNA REAL ESTATE SERV - New
$255,000Active3 beds 2 baths1,616 sq. ft.1423 Crestview Drive, Springfield, OH 45504
MLS# 969900Listed by: COLDWELL BANKER HERITAGE - New
$200,000Active3 beds 2 baths1,408 sq. ft.2135 Columbus Road, Springfield, OH 45503
MLS# 970156Listed by: AGORA REALTY GROUP - Open Sat, 1 to 2pmNew
$210,000Active4 beds 2 baths1,210 sq. ft.1817 Marinette Drive, Springfield, OH 45503
MLS# 970198Listed by: GLASSHOUSE REALTY GROUP - New
$315,000Active3 beds 2 baths1,546 sq. ft.4441 S Pitchin Road S, Springfield, OH 45502
MLS# 226037398Listed by: REAL ESTATE II INC - New
$348,000Active4 beds 3 baths2,204 sq. ft.742 Hartford Drive, Springfield, OH 45503
MLS# 226037349Listed by: COLDWELL BANKER HERITAGE - Open Sun, 1 to 2pmNew
$174,900Active3 beds 1 baths1,056 sq. ft.260 W 2nd Street, Springfield, OH 45504
MLS# 970169Listed by: COLDWELL BANKER HERITAGE