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Virtual Tour
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$99,900

For Sale

8 months ago

1223 Lagonda Ave, Springfield, OH

House

MLS® 1043773

3 Bed

3 Bath

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  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage Yes
Taxes 
Days Active 243
Lot Size 0.06 Acres
Approx. Age 1920
MLS® Number 1043773

Property Address: 1223 Lagonda Ave, Springfield, OH, 45503-4304

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

Description

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 which previously was leased 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 possibly 3 bedroom unit, creating additional rental income potential estimated between $1, 000 to $1, 400 per month depending on improvements and layout. August of 2026, two brand new windows were installed in this unit (see photos) allowing plenty of natural light and easy for a buyer to split off the large space as they wish. 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. Motivated seller is looking for an offer. Come take a peek today!! Easy to show.
MLS® Number1043773
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1920
BasementCrawl Space, Partial
DrivewayNo Garage
Garage Spaces
HeatForced Air, Natural Gas, Space Heater
A/CWindow Unit(s)

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 14, 2026List Date
$99,900List Price
  • Commute

Commute

Starting Address
Destination Address
1223 Lagonda Ave, Springfield, OH

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