$250,000

907-913 S Limestone St Springfield, OH 45505

Estimated payment $1,568/month

5 Beds
5 Baths
4,970 Sq Ft
$50 Price per Sq Ft

Highlights

  • Central Air
  • Heat Pump System
  • 2-minute walk to South Fountain Avenue Historic District
  • Reeves-Hinger Elementary School Rated A

About This Home

Excellent investment opportunity in the heart of Springfield’s South Limestone corridor! This four-family property generates a strong net income of $30,064.90 annually (excluding debt service and capital improvements), offering investors immediate cash flow in a historically stable rental market. The property consists of four units, with Unit 913 currently vacant and available for viewing, ideal for owner-occupants or easy lease-up. Recent capital improvements include updated flooring and four brand-new HVAC systems, providing modern comfort and reducing future maintenance costs. The owner currently pays all utilities, streamlining tenant management. Located just minutes from downtown Springfield, the property is surrounded by key amenities: School of Innovation, Global Impact STEM Academy, Wittenberg University and Clark State College are all nearby, making the location attractive for student and workforce renters. Dining and retail options such as Los Mariachis Mexican Restaurant, Lee's Famous Recipe Chicken, Family Dollar, Kroger, and CVS are within a 5-minute drive, as are major bus lines and parks including Veterans Park and Davey Moore Park. With steady rental demand and room to optimize expenses, this multifamily is ideal for investors seeking consistent yield and value-add potential. Schedule your showing today and don’t miss the chance to add a high-performing 4-unit to your portfolio.

Listing Agent

Tyler Blatt

Keller Williams Community Part Brokerage Phone: (937) 530-4904 License #2017003172 Listed on: 11/18/2025

Keller Williams Community Part

Property Details

Home Type

  • Multi-Family

Year Built

  • 1893

Lot Details

  • 0.29 Acre Lot

Home Design

  • Frame Construction

Interior Spaces

  • 4,970 Sq Ft Home
  • 2-Story Property
  • Basement Cellar

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Full Bathrooms

Parking

  • No Garage
  • Private Parking
  • Parking Lot

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Property Available on 11/19/25
  • Assessor Parcel Number 3400700034314009

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $63,400
  • Net Operating Income $30,064

Property Details

Home Type

Multi-Family

Year Built

1893

Lot Details

0

Listing Details

  • Cooling System: Central Air
  • Property Sub Type: Multi Family
  • Year Built: 1893
  • Attribution Contact: (937) 530-4904
  • Lot Size Acres: 0.2893
  • Co List Office Phone: (937) 530-4904
  • MLS Status: Active
  • Living Area: 4970.0
  • Master Plan Zoning: Residential,Historic
  • Property Sub Type Additional: Multi Family
  • Special Features: None

Interior Features

  • Property Type: Residential Income
  • Full Bathrooms: 5
  • Total Bedrooms: 5
  • Stories: 2

Exterior Features

  • Construction Type: Frame
  • Foundation Details: Cellar

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage, Parking Lot, Private

Utilities

  • Heating: Heat Pump
  • Utilities: Natural Gas Available, Water Available
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Junior High Dist: Springfield

Lot Info

  • Lot Dimensions: 0.289AC
  • Lot Size Sq Ft: 12600.0
  • Parcel Number: 3400700034314009
  • Zoning Description: Residential,Historic

Rental Info

  • Land Lease Amount: 5200.0
  • Available Date: 2025-11-19

Multi Family

  • Annual Gross Income: 63400.0
  • Property Net Operating Income: 30064.0
  • Number Of Units Total: 4

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/18/2025 11/18/25 For Sale $250,000 -- $50 / Sq Ft
Source: Dayton REALTORS®

Source: Dayton REALTORS®

MLS Number: 948092

Dayton REALTORS®