Springfield Ohio Multi-Family Homes for Sale

Springfield Ohio Multi-Family Homes for Sale

$168,000
4 Beds 3 Baths 5232953 MLS
Investor Opportunity – Turnkey Duplex with Strong Rental Potential! Whether you're looking to expand your investment portfolio or house hack your way into homeownership, this duplex offers an outstanding opportunity. Featuring two spacious 4-bedroom, 2-bath units with approximately 1,454 square feet per side, this property provides the size and layout tenants are looking for. One unit is currently occupied on a month-to-month lease at $1,100 per month, while the second unit is vacant, giving the next owner the flexibility to place their own tenant at market rent or move in and let the neighboring unit help cover the mortgage. Major mechanicals have already been addressed with updated electrical, a roof reported to have no known issues, and HVAC systems that are operational, allowing investors to focus on maximizing returns rather than immediate major repairs. The property is served by city water and includes a crawlspace foundation. Appliances do not convey. With 8 total bedrooms and 4 full bathrooms, this duplex presents an excellent value for investors seeking immediate income with upside potential through leasing the vacant unit or increasing rents over time. Conveniently located near downtown Springfield, shopping, schools, and major roadways. Don't miss this opportunity to own a cash-flowing duplex with immediate income and additional upside.

226 S Wittenberg Avenue, Springfield

Listing Courtesy of: Thomas Garuccio, Tom@GaruccioGroup.com With Real of Ohio

$55,000
226013280 MLS
LAND CONTRACT OPTION! Located at 517-515 W Broadway Ave in Springfield, this is the kind of opportunity buyers look for when they are ready to take that first real step into real estate. Walk through this property and start thinking about what it could become. It is currently set up as a single-family home, but the layout was previously used as a two-family and may offer the potential to be converted back, subject to buyer verification of zoning, permits, and intended use. With approximately 1,884 square feet, four bedrooms, two full bathrooms, a full basement, and nearly half an acre, there is room here to build something that fits your plan. Land contract terms are available, creating an alternative path to ownership that may allow you to move forward without traditional financing, subject to agreed terms and buyer qualification. For buyers looking to get started or expand, this property may support a range of approaches such as house hacking with potential rental use, exploring a BRRRR strategy, or creating a long-term rental setup. The real value here is the ability to step in, make improvements over time, and shape the property around your goals, all subject to your own due diligence and verification. Opportunities offering flexible terms and multiple potential paths like this are not always easy to find.

517 Broadway Street 515 Unit 515, Springfield

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

Selling Office: NON MEMBER OFFICE.

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Springfield Ohio Multi-Family Homes

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