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Listed price in listed location currency (USD).
$189,000

420

MLS® 1042224

  • Key Facts
  • Description
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Key Facts

Type Multi Family
Levels Residential Income
Size 2344 sqft
Garage Yes
Taxes $975
Days Active 38
Lot Size 0.17 acres
Approx. Age 1910
Avg. Price Per Sqft $80
MLS® Number 1042224

Property Address: 400 S Arlington Ave, Springfield, OH, 45505-2424

Average square foot calculated using Size range provided by listing agent.

Description

12% Cap Rate!Add this updated, well-maintained duplex to your investment portfolio--or enjoy the benefits of owner-occupied living while your tenant helps pay the mortgage.This solid income-producing property generates $2, 400 per month in rent.Unit 400: $1200 10 months left on leaseUnit 402: $1200 -- Month-to-monthEach unit has updated electric panels, furnaces, and water heaters.Unit 400 has fresh paint, new lighting, updated appliances, and a new dedicated outlet for the bedroom AC.Unit 402 has been updated within the last 18 months, including a newer refrigerator and stove.Both units feature original hardwood floors, classic architectural charm, and a welcoming covered porch perfect for enjoying the outdoor.First Floor: Living room, dining room, kitchen, sunroom ideal for office spaceSecond Floor: 2 large bedrooms and 1 full bathBasement: Laundry hookups and private storage areasGarage: Each tenant receives one side for storageExterior: Shared large side yardOperating expenses are modest:Water: Averages less$100/monthLawn care: $40 per cutTenants pay their own electricity, gas, and trash.This is a turn-key duplex with strong cash flow, low expenses, and steady tenant history--an ideal addition to any rental portfolio.Owner/Agent
MLS® Number1042224
Laundry Level
Central VacNo
FireplaceNo
Acreage0.17
Exterior
GarageYes
Approx. Age1910
BasementUnfinished
DrivewayDetached
Garage Spaces2
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 27, 2025List Date
$189,000List Price
  • Commute

Commute

Starting Address
Destination Address
400 S Arlington Ave, Springfield, OH

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