131 E Southern Avenue, Springfield, OH 45505
Local realty services provided by:ERA Real Solutions Realty
131 E Southern Avenue,Springfield, OH 45505
$134,900
- - 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:$134,900
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, two high-efficiency furnaces, vinyl windows throughout, separate 100-amp electrical service for each unit, 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....
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Home facts
- Year built:1890
- Listing ID #:226031643
- Added:1 day(s) ago
- Updated:August 20, 2026 at 07:40 PM
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Year built:1890
- Lot area:0.02 Acres
Finances and disclosures
- Price:$134,900
- Tax amount:$531
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