Property Description

Duplex Investment with Strong Income!This income-producing duplex offers two units, 2-bedroom, 1-bath unit down stairs and 1 bedroom 1 bath unit upstairs. Separate electric and gas meters. The property currently brings in $1,700 per month, and both tenants want to remain, making this a solid investment with consistent cash flow from day one.Recent updates include new water heaters installed in December 2024, newer windows in select areas, new exterior doors, and added insulation completed in March 2025. The upstairs unit is equipped with a mini-split, while the downstairs unit has a furnace, giving each tenant independent comfort.While the property could use some additional improvements, the major utility updates are already in place, making it an attractive opportunity for an investor looking to add value while benefiting from reliable rental income.

31-31.5 W Southern Avenue | MLS# 1046559

This multi-family property located at 31-31.5 W Southern Avenue, Springfield, OH 45506 is currently listed for sale with an asking price of $144,900. 31-31.5 W Southern Avenue is located within the Springfield school district. Search Springfield real estate on devans.cutlerhomes.com today.

Property Features

Property Type: Multi Unit - Multiple

Basement: Block, Unfinished

Days on Market: 21

Garage: No Garage

Heating: Baseboard, Space Heater, Natural Gas, Forced Air

Lot Size: 0.13 Acres

Stories: 2.0

Taxes: $1,162

Year Built: 1893

Feature Descriptions

Exterior: Asbestos

Lot Dimensions: 47x129

Parcel ID: 3400700034328005

Sewer: Public Sewer

Water: Supplied Water

Local Schools

School District: Springfield

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Estimated Payment

$ 883.26 per month $744.17 Principal & Interest $96.83 Property Tax $42.26 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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 on this site was last updated 07/13/2026. The listing information on this page last changed on 07/13/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Mon 07/13/2026 12:01:15 AM EST) or Dayton MLS (last updated Sun 07/12/2026 11:46:46 PM EST) or CBRMLS (last updated Sun 07/12/2026 11:59:37 PM EST) or Multiple Listing Service of Greater Cincinnati (last updated Sun 07/12/2026 11:53:26 PM EST) or NKY MLS (last updated Sun 07/12/2026 11:28:23 PM EST) or Wrist MLS (last updated Sun 07/12/2026 11:24:15 PM EST) or Firelands MLS (last updated Sun 07/12/2026 11:11:21 PM EST) or MLS NOW (last updated Sun 07/12/2026 11:57:32 PM EST). Real estate listings held by brokerage firms other than Cutler Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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31-31.5 W Southern AvenueSpringfield, OH 45506

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Property Description

31-31.5 W Southern Avenue | MLS# 1046559

Property Features

Feature Descriptions

Local Schools

Estimate Your Payment

Change Payment Information

31-31.5 W Southern AvenueSpringfield, OH 45506

TOUR THIS HOME

Property Description

31-31.5 W Southern Avenue | MLS# 1046559

Property Features

Feature Descriptions

Local Schools

Estimate Your Payment

Change Payment Information

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