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$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.

$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

$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.

$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.

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