45503 Ohio Multi-Family Homes for Sale

45503 Ohio Multi-Family Homes for Sale

$99,900
226033552 MLS
Rare opportunity to own a versatile three unit investment property with additional off street parking on a two parcel sale located at the corner of Lagonda and Farlow. Included in the sale is the additional parcel at 0 Farlow currently utilized for valuable off street parking. The property features three separate entrances allowing privacy and flexibility for each unit. The upper apartment offers 2 bedrooms and is currently leased to a long term tenant at $600 per month providing immediate income. A separate office style unit includes 1 office/bedroom, storage room, and half bath which previously was leased at $400 per month.. The spacious main level apartment currently functions as a large 1 bedroom unit but offers outstanding potential for reconfiguration into a 2 or possibly 3 bedroom unit, creating additional rental income potential estimated between $1,000 to $1,400 per month depending on improvements and layout. August of 2026, two brand new windows were installed in this unit (see photos) allowing plenty of natural light and easy for a buyer to split off the large space as they wish. Additional updates include replacement windows, siding, updated electric panels, and a complete tear off roof completed in 2004. Gas is currently serviced by one meter with owner paying gas, water, sewer, and trash. With existing rental income, additional parking parcel, flexible floor plans, and future upside potential, this property presents an excellent opportunity for an investor looking to increase cash flow and maximize long term value. Motivated seller is looking for an offer. Come take a peek today!! Easy to show.

1223 Lagonda Avenue, Springfield

Listing Courtesy of : Priscilla Lee McNamee ---- ROOST Real Estate Co.
$349,900
226033087 MLS
Four-unit multifamily investment opportunity with two units currently occupied, offering immediate rental income with additional potential as the remaining units are leased. Conveniently located near shopping, restaurants, grocery options, and major highway access, providing easy access to everyday amenities. A great opportunity for investors seeking income potential and long-term value. Please do not disturb tenants.

2408-2414 Red Coach Drive, Springfield

Listing Courtesy of : Tierra M Lane ---- Red 1 Realty
$385,000
226033075 MLS
Fully occupied four-unit multifamily offering steady income. Conveniently located just minutes from shopping, restaurants, grocery options, and major highway access, making it an attractive rental location for tenants. A great investment opportunity for those seeking reliable returns and long-term potential. Please do not disturb the tenants.

2400-2406 Red Coach Drive, Springfield

Listing Courtesy of : Tierra M Lane ---- Red 1 Realty
$184,900
226029956 MLS
Turnkey, fully vacant duplex with extensive updates! This move in ready upper/lower duplex is an exceptional opportunity for investors looking to generate rental income or owner occupants wanting to house hack by living in one unit while renting the other. With both units vacant, you have the rare ability to choose your own tenants, set current market rents, or occupy either unit immediately. No waiting for leases to expire and no renovation projects to tackle. This income producing property is ready to go. The upper unit has been completely renovated and features new LifeProof luxury vinyl plank flooring, new Stainmaster carpet with Nike Step Ahead padding, new countertops, a new vanity, fresh paint throughout, and a bedroom with a newly added closet for improved functionality. Both units include brand new appliances and fresh interior paint, creating a clean, modern feel. The lower unit blends classic character with modern updates, featuring beautifully refinished hardwood floors, updated luxury vinyl plank flooring in the entryway, kitchen, and bathroom, brand new lighting, and a refreshed, move-in ready feel. Outside, you'll find a renovated rear deck, a new garage door, convenient off street parking, and a detached two car garage, providing valuable storage and parking for owners or tenants alike. Whether you're expanding your investment portfolio, purchasing your first duplex, or looking for a turnkey house hack, this updated multifamily property offers flexibility, low maintenance, and immediate income potential in one package.

462-462.5 Stanton Avenue, Springfield

Listing Courtesy of : Miranda Lynn Bragg ---- Gallery Homes Real Estate LLC
$163,500
226010919 MLS
Established investment property- Brick double with 2 bedrooms, 1 bath upstairs, living room, dining room and kitchen. Full unfinished basement w/laundry hookup. Same floor plan for each unit. Bathroom updates less than 2 years old, new outside railings, new flooring both units 2024 and 2025. Tenants pay gas, electric, cable, internet. Owner/seller pays water/sewer and trash. Current rent is $850 each side.

1143 Cedarview Drive, Springfield

Listing Courtesy of : Marla L Morland ---- e-Merge Real Estate
$165,000
226001725 MLS
Excellent duplex opportunity, perfect for investors or owner occupants! Each unit features 2 bedrooms and 1.5 baths with comfortable, functional layouts. Both sides are currently rented at $1,200 per month, with the landlord covering water and trash expenses. Separate gas and electric meters for each unit provide easy utility management. One unit will be vacant as of January 31, offering a great opportunity to live in one side while continuing to collect rental income from the other. Tenants' rights apply. Please allow 48-hour notice prior to showings.

825-827 Elm Street, Springfield

Listing Courtesy of : Cecilia J Hill ---- Coldwell Banker Heritage

Selling Office: NON MEMBER OFFICE.

$245,000
225028556 MLS
Welcome to this move in ready duplex! You can live in one side and rent the other, or add it to your investment portfolio. Each side has 5 bedrooms and 2 baths with upgraded electric, plumbing, and kitchen cabinets. Schedule your showing today!

820 Olive Street, Springfield

Listing Courtesy of : Charlene Roberge ---- Lagonda Creek Real Estate, LLC

Selling Office: NON MEMBER OFFICE.

$90,000
225008348 MLS
Investor Special - Duplex with Huge Potential! Opportunity knocks with this duplex investment property! This fixer-upper is ready for a full rehab to unlock its true income potential. With each unit projected to rent for $1,500/month, this property offers a great return once renovated. Key Features: ✅ New Roof - One major update already completed! ✅ Spacious Layout - Ideal for tenants or owner-occupants. ✅ Prime Location - Conveniently situated in Springfield. ✅ High Rental Potential - Estimated $3,000/month total rental income. This property needs a full rehab, making it perfect for investors looking to add value and maximize cash flow. Don't miss out on this diamond in the rough!! Selling as-is. Cash or hard money loans only.

39-41 N Douglas Avenue, Springfield

Listing Courtesy of : Paul E Uttermohlen ---- Red 1 Realty

Selling Office: NON MEMBER OFFICE.

$59,900
224041790 MLS
This two unit property has a lot of potential! This could be our next winter project. You can live in one side and rent the other out. Currently the property needs repairs but tenant just moved out of the 807 side. Property has vinyl siding already. Potential after repairs, rent is projected at $950-$1,000 a month. If you are looking to add to your investment portfolio, look no further. Cash Only

807 E Columbia Street, Springfield

Listing Courtesy of : Arthur A Solomon ---- Coldwell Banker Heritage

Selling Office: NON MEMBER OFFICE.

$60,000
224020573 MLS
THE REALTOR IS THE RECEIVER APPOINTED BY THE CLARK COUNTY PROBATE COURT. Springfield has been named the fifth hottest housing market in the country, according to USA Today. The interior of this double has been cleaned out along with all trash and debris in the yard. Repaired and replaced soffits, gutters, fascia and downspouts as needed. The chimney has been skim coated, and the damaged deck boards on the wrap-around porch were removed and replaced as needed. This property is ready for new updates. Due to the court approval process, this is not a quick close. The Receiver requests for in-state buyers only**SEE AGENT TO AGENT REMARKS**

2358-2360 Lagonda Avenue, Springfield

Listing Courtesy of : Dana M Milligan ---- Parker Realty Associates

Selling Office: NON MEMBER OFFICE.

$156,000
224017340 MLS
Looking for a property for your investment portfolio? Or maybe a home to live in one half and rent the other? Brick side by side double with 2 bedrooms, 1 bath, living room, dining room, kitchen & a full divided basement with laundry hook ups. Decks on both the front and the back. There are driveways on both sides (current owner did not need them so let the grass grow on them). Ready to be rented!

1223 Cedarview Drive, Springfield

Listing Courtesy of : Charlene Roberge ---- Lagonda Creek Real Estate, LLC

Selling Office: NON MEMBER OFFICE.

$125,000
224011798 MLS

1334 E Cedarview Drive, Springfield

Listing Courtesy of : NON MEMBER ---- NON MEMBER OFFICE

Selling Office: Ross, Realtors.

$132,498
224009580 MLS
Newly update income producing property is ready for new ownership! This duplex has a long term tenant in one side and another side that can be occupied at closing by you or a new tenant. Updates to this property include a new roof, windows, cabinets, countertops, entry doors, HVAC and more! Do not delay and schedule your tour of this great income producing property today! ** Seller is a licensed real estate agent in the State of Ohio**

419-421 Chestnut Avenue, Springfield

Listing Courtesy of : John Crain ---- Howard Hanna Real Estate Svcs

Selling Office: Red 1 Realty.

$305,000
224007713 MLS
Check out this 100% occupied, well-maintained 4-unit apartment building nestled on the north side of Springfield, offering convenient access to various amenities including the bike path, North Limestone Street, State Route 334, US Highway 68, and Interstate 70. This property presents a lucrative investment opportunity with its prime location and desirable features. The property offers two, 2-bedroom, 1-bathroom units and two, 1-bedroom, 1-bathroom units. Each unit has a gas, forced air furnace and central air. The 2-bedroom apartments have washer and dryer hook ups in the unit and the 1-bedroom apartments have access to the coin operated laundry facility on premises. Two-coin operated washer and dryers will convey with the sale of the property. Many more details!

2416-2422 Red Coach Drive, Springfield

Listing Courtesy of : V. Patrick Hamilton ---- REMAX Alliance Realty

Selling Office: NON MEMBER OFFICE.

$180,000
224007490 MLS
Welcome to a remarkable property opportunity in the heart of Springfield Ohio! This spacious property, boasting a total area of 2368 square feet, presents an enticing prospect for both investors and owner-occupiers alike. This property offers the perfect blend of comfortable living and income generation. Each side of the property comes complete with two bedrooms, one bath, and full basements, offering ample storage or additional living space. With separate entrances for each unit, tenants can enjoy privacy and independence while contributing to your investment returns. For owner-occupiers, this setup presents a unique opportunity for house hacking, allowing you to live in one unit while renting out the other—a savvy financial strategy that helps offset mortgage expenses.

552 E Cecil Street, Springfield

Listing Courtesy of : Arthur A Solomon ---- Coldwell Banker Heritage

Selling Office: NON MEMBER OFFICE.

$150,000
224004376 MLS
Great CASH FLOWING 4-unit property, perfect for an Investor or Owner Occupant looking to house-hack. Each unit is 1bed, 1 bath. Gross Rent potential at $2,500+, with 2 units below market value and one Vacant. Professional Property Management is in place, and two units are currently MTM. Partial Roof recently replaced September 2023 and both lower units have NEW Electric Panels. All units will be made available for walk-through & Inspection upon contract acceptance. Pictures are to date and of unit 309. See A2A Remarks!

309 Stanton Avenue, Springfield

Listing Courtesy of : Benjamin L Jackson ---- RE/MAX Partners

Selling Office: RE/MAX Partners.

$157,000
224001390 MLS
Fully rented duplex. Rented $750.00 per side. One side has been approved for a rent increase to $900.00

1135 Cedarview Drive, Springfield

Listing Courtesy of : Terra S Miller ---- Realistar

Selling Office: NON MEMBER OFFICE.

$127,000
223040284 MLS

140-142 N Belmont Avenue, Springfield

Listing Courtesy of : NON MEMBER ---- NON MEMBER OFFICE

Selling Office: Howard Hanna Real Estate Svcs.

$155,000
223040288 MLS
Spacious move in ready duplex that could be yours for the new year! One three bedroom unit on the second floor is occupied. The second two bedroom unit, on the first floor is vacant. This would be a great place for owner occupied, while still collecting rent from a tenant. Or, the second unit would be ideal for renting out too, and would be a terrific investment opportunity. Newly renovated in one unit with new flooring, new roof, freshly painted, and new bathroom cabinets. Property is managed by a professional management company too! If you are looking for an investment opportunity, you will not want to miss this one!

557 E Cassilly Street, Springfield

Listing Courtesy of : Mendy Hedges ---- Red 1 Realty

Selling Office: Vision Realty, Inc..

$85,000
223036503 MLS
Investors Dream: 4 Bed 2 Bath Multi Family Unit. 2bed 2bath each side. Nets $10K+ annually after all expenses. My Sellers are selling 9 properties as a group or they can be bought individually. They are asking $1,475,000.00 for all 9 Properties. 8 Properties are in Clark County and 1 in Marion County. They want to sell to one investor or a group of investors via cash, or private funding source. CURB OFFERS ONLY! This unit has is an incredible cash flow property for your portfolio. Please contact a realtor to get all of the financials spreadsheet for this and all properties and an extensive Comp document showing the value in these properties. They won't last long!

1506 Lagonda Avenue, Springfield

Listing Courtesy of : Tony D Farley ---- Home Experts Realty

Selling Office: RE/MAX Impact.

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45503 Ohio Multi-Family Homes

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