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1223 Lagonda Avenue

Springfield, OH 45503
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Bed 4

Bed

Bath 3

Bath

SqFt2,373

Sqft

SqFt2,829

Sqft(Lot)

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 and is currently leased on a 6 month lease 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 possib ly 3 bedroom unit, creating additional rental income potential estimated between $1,000 to $1,400 per month depending on improvements and layout. 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.

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Detail Ic Property Details

Property Type : Residential Income

Price : $99,900

AD Id : 79245079

MLS Id : 960000

Beds : 4

Lot Size : 2,829 Sqft

Living Area Size : 2,373

Year Built : 1920

County : Clark

Subdivision: None Available

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Feature Features

  • Bedroom Information

    Total beds: 4

    Bathroom Information

    Total Baths: 3 Full Baths: 2 Half Baths: 1

    Room Information

    Has Basement: Yes Basement: Crawl Space, Partial, Unfinished
  • Heating & Cooling

    Has Heating: Yes Heating: Forced Air, Natural Gas Cooling: None

  • Building Information

    Year Built: 1920 Building Area Total: 2373 Construction Materials: Vinyl Siding Private Pool: No

  • Lot Information

    Lot Dimensions: .0649 acres Main Square Feet: 2829 Square Feet Lot Size Acres: 0.0649 Lot Size Source: Assessor Lot Size Square Feet: 2829

    Property Information

    Subdivision: Warder Source Property Type: Residential Income Postal Code Plus 4: 4304 Zoning Description: Residential Property SubType: Multi Family Property Age: 106

  • Listing Price Information

    Listing Price: $99900 Original Price: $119900

  • Tax Information

    Parcel Number: 3400700029306010 Tax Legal Desc: WARDER N E PT 2410

  • Parking Information

    No Garage
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
979 Lagonda Avenue, Springfield, OH, 45503 $110,000 4 2 2,336 2,336 SqFt
1143 Cedarview Drive, Springfield, OH, 45503 $163,500 -- -- --
828 E Main Street, Springfield, OH, 45503 $215,000 4 4 2,944 2,944 SqFt

The data relating to real estate for sale on this website comes in part from the Internet Data exchange program of Dayton REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2026 Dayton REALTORS®. All rights reserved.

ByOwner last updated this listing 07/19/2026 @ 07:40

MLS: 960000 LISTED BY: Priscilla McNamee, Roost Real Estate Co 937-390-3715 SOURCE: Dayton REALTORS

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