31 W Southern Avenue, Springfield, OH 45506
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
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.
Contact an agent
Home facts
- Year built:1893
- Listing ID #:225032537
- Added:3 day(s) ago
- Updated:August 28, 2025 at 11:09 AM
Structure and exterior
- Year built:1893
- Lot area:0.14 Acres
Finances and disclosures
- Price:$159,000
- Tax amount:$956
New listings near 31 W Southern Avenue
- New$234,900Active3 beds 2 baths1,100 sq. ft.
1290 Red Oaks Circle, Springfield, OH 45506
MLS# 942455Listed by: REAL OF OHIO - Open Mon, 2 to 3pmNew$349,900Active4 beds 2 baths2,064 sq. ft.
4970 Troy Road, Springfield, OH 45502
MLS# 942544Listed by: GLASSHOUSE REALTY GROUP - New$225,000Active5 beds 2 baths2,151 sq. ft.
308 Canterbury Drive, Springfield, OH 45503
MLS# 942532Listed by: REIGN REALTY - New$465,000Active4 beds 3 baths3,558 sq. ft.
5880 Urbana Road, Springfield, OH 45502
MLS# 225032882Listed by: GALLERY HOMES REAL ESTATE LLC - Open Sun, 2 to 4pmNew$205,000Active3 beds 2 baths1,590 sq. ft.
137 N Kensington Place, Springfield, OH 45504
MLS# 942403Listed by: KELLER WILLIAMS COMMUNITY PART - New$365,000Active3 beds 3 baths2,363 sq. ft.
440 S Broadmoor Boulevard, Springfield, OH 45504
MLS# 942480Listed by: GATHERING PLACE REALTY - New$92,000Active3 beds 1 baths1,064 sq. ft.
321 Glenn Avenue, Springfield, OH 45505
MLS# 942367Listed by: COLDWELL BANKER HERITAGE - New$149,900Active3 beds 1 baths816 sq. ft.
402 Reames Avenue, Springfield, OH 45505
MLS# 942369Listed by: GALLERY HOMES REAL ESTATE, LLC - New$417,500Active4 beds 3 baths2,514 sq. ft.
2470 Leon Lane, Springfield, OH 45502
MLS# 942004Listed by: IRONGATE INC.