131-133 E Southern Ave Springfield, OH 45505
Springfield AreaEstimated payment $785/month
About This Home
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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $530
Year Built
- Built in 1890
Lot Details
- 871 Sq Ft Lot
Parking
- No Garage
Home Design
- 3,242 Sq Ft Home
- Vinyl Siding
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Full Bathrooms
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
Additional Features
- Unfinished Basement
Community Details
- No Home Owners Association
- 2 Units
Listing and Financial Details
- Assessor Parcel Number 3400700034420007
Map
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/19/2026 08/19/26 | For Sale | $134,900 | -- | $42 / Sq Ft |
Source: Western Regional Information Systems & Technology (WRIST)
MLS Number: 1047879
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