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1701 Lexington Avenue

Springfield, OH 45505

$690,000 $2,909/Mo

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Overview

Bed

Bath

6,468

Sqft

7,501

Sqft(Lot)

Description

This newly renovated & re-imagined duplex in the heart of the Brain All subdivision is a prime opportunity for the next business-minded buyer! Located in an area known for its rich entrepreneurial heritage, this corner property has been transformed into a Self-Care Beauty Multi-Plex, offering a perfect blend of modern convenience & historic charm. This unique business complex is a HUGE money maker with weekly cash-flow! *Weekly Cash Flow: 4 Fridays-$5637 or 5 Fridays-$6425 (Current rates with 1 suite vacancy) The main level features 9 fully equipped salon suites, complete w/ shampoo bowls, stylish suits & ample lighting. Designed w/ contemporary hard surface flooring, white trim, & sleek doors, the interior creates a fresh, professional atmosphere. All suites are rented on a weekly basis, w/ just one currently available for a new tenant. The average suite size is 9x11 with 2 larger suites measuring 11x11.This level also offers 2 handicap accessible bathrooms plus a BIG entry waiting space. There's even an office suite; 11x11 w/ a private entry. For added convenience, a 9x10 community laundry/washroom is available for suite owners, making daily operations smooth & hassle-free. The property boasts a low 5% vacancy rate, proving its strong rental history. *Upper Level Income: Monthly=$2050 On the upper level (with outside entry) houses 3 fully rented apartments. 1 unit offers 2 bedrooms, 1 bath, kitchen & living room. These units have new cabinetry, hard surface flooring and same neutral interior paint.The stairway leads to the common area used for communal laundry facilities. These apartments are a great source of additional steady income. There is off street parking available behind building. Graveled lot. Back door exit accessible. Significant improvements including: new flooring in all units, updated plumbing, New flat roof. New HVAC system ensuring that this property is in move-in condition; turn-key business operation & equipped for the future!

Property Details

Property Type : Residential Income

Price : $690,000

AD Id : 76174570

MLS Id : 921811

Beds : 4

Lot Size : 7,501 Sqft

Living Area Size : 6,468

Year Built : 1891

County : Clark

Subdivision: Ventnor Heights

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 4

Bathroom Information

Total Baths: 3 Full Baths: 3

Room Information

Has Basement: Yes Basement: Partial, Unfinished
Interior Features

Appliances: Dryer, Washer, Gas Water Heater
Heating & Cooling

Has Heating: Yes Heating: Forced Air, Natural Gas Has Cooling: Yes Cooling: Central Air

Building Information

Year Built: 1891 Building Area Total: 6468 Construction Materials: Aluminum Siding Private Pool: No

Lot Information

Lot Dimensions: 50x150 Main Square Feet: 7501 Square Feet Lot Size Acres: 0.1722 Lot Size Source: Assessor Lot Size Square Feet: 7501

Property Information

Subdivision: Brain Source Property Type: Residential Income Postal Code Plus 4: 2227 Zoning Description: Multiple Property SubType: Multi Family Property Age: 135

Listing Price Information

Listing Price: $690000 Original Price: $700000 Conventional

Tax Information

Parcel Number: 3400700028222001 Tax Legal Desc: BRAIN ALL 4693

Parking Information

No Garage

Utility Information

Natural Gas Available, Sewer Available, Water Available
Location Information

WaterSource: Public

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
1501 E High Street, Springfield, OH, 45505	$239,500	--	--	--
205 E Grand Avenue, Springfield, OH, 45505	$45,000	4	2	1,920	1,920 SqFt
907 S Limestone Street, Springfield, OH, 45505	$272,000	8	4	4,970	4,970 SqFt
411 S Limestone Street, Springfield, OH, 45505	$295,000	--	--	--
411 S Limestone Street, Springfield, OH, 45505	$295,000	6	6	3,506	3,506 SqFt

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ByOwner last updated this listing 06/09/2026 @ 05:01

MLS: 921811 LISTED BY: Alva Fulk, Real Estate II Inc. 937-390-3119 SOURCE: Dayton REALTORS