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131 E Southern Avenue

Springfield, OH 45505
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Bed --

Bed

Bath 0

Bath

Acres0.02

Acre(Lot)

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.

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Detail Ic Property Details

Property Type : Residential Income

Price : $134,900

AD Id : 89795606

MLS Id : 226031643

Lot Size : 0.02 Acre

Year Built : 1890

County : Clark

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Feature Features

  • Room Information

    Has Basement: Yes
  • Heating & Cooling

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

  • Building Information

    Year Built: 1890 Construction Materials: Vinyl Siding Private Pool: No

  • Lot Information

    Main Square Feet: 0.02 Lot Size Acres: 0.02 Lot Size Square Feet: 871.2

  • Listing Price Information

    Listing Price: $134900

  • Tax Information

    Parcel Number: 3400700034420007 Tax Year: 2025 Annual Tax: $531

  • Parking Information

    No Garage

  • Location Information

    WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1701 Lexington Avenue, Springfield, OH, 45505 $690,000 4 3 6,468 6,468 SqFt
534 Homeview Avenue #536, Springfield, OH, 45505 $174,999 7 2 2,660 2,660 SqFt
534-536 Homeview Avenue, Springfield, OH, 45505 $174,999 -- -- --
1325-1327 Clifton Avenue, Springfield, OH, 45505 $114,900 -- -- --
1325-1327 Clifton Avenue, Springfield, OH, 45505 $114,900 6 2 3,040 3,040 SqFt
131-133 E Southern Avenue, Springfield, OH, 45505 $134,900 6 3 3,242 3,242 SqFt

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ByOwner last updated this listing 08/25/2026 @ 20:49

MLS: 226031643 LISTED BY: Arthur Solomon, Coldwell Banker Heritage 937-429-4500 SOURCE: Columbus and Central Ohio Regional MLS

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