907 S Limestone Street, Springfield, OH 45505
Local realty services provided by:ERA Petkus Weiss
907 S Limestone Street,Springfield, OH 45505
$272,000
- 8 Beds
- 4 Baths
- 4,970 sq. ft.
- Multi-family
- Active
Listed by: tyler blatt
Office: keller williams community part
MLS#:948092
Source:OH_DABR
Price summary
- Price:$272,000
- Price per sq. ft.:$54.73
About this home
Excellent investment opportunity in the heart of Springfield’s South Limestone corridor! This four-family property generates a strong net income of $30,064.90 annually (excluding debt service and capital improvements), offering investors immediate cash flow in a historically stable rental market. The property consists of four units, all of which are currently leased on 1-year terms ranging from $1350-1400/month. Recent capital improvements include updated flooring and four brand-new HVAC systems, providing modern comfort and reducing future maintenance costs. The owner currently pays all utilities, streamlining tenant management. Located just minutes from downtown Springfield, the property is surrounded by key amenities: School of Innovation, Global Impact STEM Academy, Wittenberg University and Clark State College are all nearby, making the location attractive for student and workforce renters. Dining and retail options such as Los Mariachis Mexican Restaurant, Lee's Famous Recipe Chicken, Family Dollar, Kroger, and CVS are within a 5-minute drive, as are major bus lines and parks including Veterans Park and Davey Moore Park. With steady rental demand and room to optimize expenses, this multifamily is ideal for investors seeking consistent yield and value-add potential. Schedule your showing today and don’t miss the chance to add a high-performing 4-unit to your portfolio....
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Home facts
- Year built:1893
- Listing ID #:948092
- Added:174 day(s) ago
- Updated:May 13, 2026 at 02:52 PM
Rooms and interior
- Bedrooms:8
- Total bathrooms:4
- Full bathrooms:4
- Living area:4,970 sq. ft.
Heating and cooling
- Central air:Yes
Structure and exterior
- Year built:1893
- Building area:4,970 sq. ft.
- Lot area:0.29 Acres
- Construction Materials:Frame
Finances and disclosures
- Price:$272,000
- Price per sq. ft.:$54.73
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