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131-133 E Southern Ave, Springfield, OH 45505

  • $134,900

  • 6

    bed

  • 3

    bath

  • 3,242

    Sqft ($42/Sqft)

Multi-family for sale 9 hours
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About 131-133 E Southern Ave

Property type Multi-family
Neighborhood
Year built 1890
HOA fee $0/month
Lot size 871 Sqft
Movoto estimate
Property description
SPACIOUS, RENOVATED SIDE-BY-SIDE DOUBLE WITH 7 BEDROOMS, 3 FULL BATHS AND ESTIMATED GROSS RENTAL POTENTIAL OF $2,400 PER MONTH. Offering approximately 3,242 square feet, 131 E Southern features 4 bedrooms and 2 full baths, while 133 E Southern offers 3 bedrooms and 1 full bath. The 133 side has been completely remodeled with a new kitchen, new bathroom, new flooring throughout, fresh paint, new doors, LED lighting, switches and outlets. The 131 side has also undergone substantial improvements. Major capital items have already been addressed, including a brand-new roof, two high-efficiency furnaces, vinyl windows throughout, separate 100-amp electrical service for each unit, and separately metered gas and electric. Exterior improvements include fresh paint and repairs to the aluminum siding. Both units offer tall ceilings, spacious rooms, covered front porches and backyard access. With no tenants above or below, the side-by-side layout provides added privacy. Estimated market rents are $1,250 for the 4-bedroom, 2-bath unit and $1,150 for the renovated 3-bedroom, 1-bath unit, creating potential gross income of $28,800 annually. Owner pays water; occupants pay separately metered gas and electric. An excellent opportunity for an investor seeking a substantially improved rental or an owner-occupant looking to offset the mortgage with income from the adjoining unit. Conveniently located near South Limestone Street, downtown Springfield and I-70.
Listed by
Listing Agent - Arthur Solomon
Listing Office - Coldwell Banker Heritage
Source: Western Regional Information Systems & Technology mls logo
MLS#1047879 • last updated 8 hours ago
Movoto checked Western Regional Information Systems & Technology for data 2 hours ago
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Overview
Heating Forced Air, Natural Gas
Virtual Tour External Link
MLS # 1047879
Status Active
SqFt 3242
Lot Size (SqFt) 871.2
Lot Size (Acres) 0.02
Year Built 1890
Listing Agent Contact Solomonaa11@yahoo.com
Listing Office Contact 937-322-0352
Interior
Total # of Bathrooms 3
# of Full Baths 3
Total # of Bedrooms 6
Exterior
Construction Vinyl Siding
Parking No Garage
Lot Features Residential Lot
Amenities / Utilities
Water Source Supplied Water
Location
Subdivision Arthur Cole
Area 13 S OF MAIN / E OF LIMESTONE
High School District 1206 Springfield CSD
APN 3400700034420007
Zoning Residential
Multifamily Details
Total # of Units 2
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Source: GreatSchools.org © 2026. All rights reserved.

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