31 W Southern Avenue, Springfield, OH 45506

Springfield
Local realty services provided by:ERA Martin & Associates
31 W Southern Avenue,Springfield, OH 45506
$159,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: cecilia j hill, douglas eugene nave
Office: coldwell banker heritage
MLS#:225032537
Source:OH_CBR

Price summary

  • Price:$159,000

About this home

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 $1,750 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.

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Home facts

  • Year built:1893
  • Listing ID #:225032537
  • Added:196 day(s) ago
  • Updated:October 08, 2025 at 02:38 PM

Structure and exterior

  • Year built:1893
  • Lot area:0.14 Acres

Finances and disclosures

  • Price:$159,000
  • Tax amount:$956
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor ERA Martin & Associates shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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