Springfield OH Multi-Family Real Estate, Homes for Sale

Calling all investors and owner-occupants! This versatile duplex offers endless potential with both the upper and lower units completely vacant, giving you the freedom to choose your own tenants or live in one unit while generating income from the other. Enjoy peace of mind with a brand-new roof. Outside, you'll find a tranquil backyard perfect for relaxing, along with a two-car garage featuring convenient alley access. Ideally located close to shopping, dining, and everyday amenities with quick access to the highway, this property combines convenience with opportunity. Whether you're looking to expand your investment portfolio or offset your mortgage with rental income, this duplex is ready for your vision. Bring your ideas and unlock the potential this property has to offer!

1908 W Washington St, Springfield

$144,900

5 Beds ⋅ 3 Baths ⋅ 1046939 MLS

Check out this awesome brick triplex loaded with potential! Conveniently located on the corner of W. National Rd. makes it minutes from anywhere. Bring your imagination in your thinking cap. A lot of major updates have been done here already, finishing the project will provide instant equity. A lot of flooring has been installed, new drywall, two bathrooms are very close to completion. One of the kitchens is nearly finished as well. Of the three units: downstairs has a two-bedroom one bath, also downstairs is a one bedroom one bath apartment and upstairs is a two-bedroom one bath with a very large living space. For tenants' convenience there is a very large carport as well as a two-car garage or rent the garage separately for extra income. Look past the work that's left to do and see what's already done, some sweat equity here to finish the project and you have a cash flowing investment property. Estimated rent for the two bedrooms; around 750 a month and 500 for the one bedroom. Renting the garage separately for an extra income is the icing on the cake. Material and appliances can convey to cut down on costs to finish for the next owner. New mini splits installed. Roof approximately 10 years old. Previously updated electric and service, plumbing, water heater. Tons of potential here with a huge upside to finish the project, have the equity then fill the vacancies to cash flow. Come see this one loaded with potential today!

3753 W National Rd, Springfield

$135,000

5 Beds ⋅ 2 Baths ⋅ 1046922 MLS

Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the other, this updated duplex is an opportunity you won't want to miss! Conveniently located in the heart of the city, this property offers easy access to shopping, dining, schools, and everyday amenities. Enjoy peace of mind with a brand-new roof and numerous updates throughout. With a strong rental history and proven income potential, this property has been a consistent moneymaker. One unit is currently occupied, providing immediate rental income, while the other has been refreshed and is move-in ready for a new tenant or owner-occupant. Don't miss your chance to own a versatile, income-producing property with endless potential!

1714 Woodward Ave, Springfield

$259,950

8 Beds ⋅ 4 Baths ⋅ 1046845 MLS

Fully Remodeled Duplex! Currently rented out at 3550, Both units are occupied long term paying tenants with 3 year leases. While also not having to worry about any large repairs as improvements include: Framing, Updated Electrical, New Plumbing, New Furnaces, Kitchen, Bathroom, Windows, Doors, Drywall, Trim, Paint, Siding, Facia, & A Roof that's brand new! With tile in the kitchen, bathroom and LVP in living room area to ensure long term durability. This property offers updated systems and finishes throughout. Creating peace of mind cash flow for years to come!

218 N Jackson St, Springfield

$175,000

6 Beds ⋅ 2 Baths ⋅ 1046616 MLS

Investment Opportunity! This spacious double offers the perfect opportunity for investors looking to offset their mortgage with rental income. Both sides are currently tenant occupied, providing immediate cash flow. Tenant rights apply. Each unit features 3 bedrooms and 1 full bathroom upstairs, with generously sized rooms throughout. The main level showcases beautiful wood floors, a large living room with charming decorative fireplace, and a dining area complete with a built-in bench storage that adds both character and functionality. A convenient mudroom provides additional storage and everyday practicality. Enjoy the architectural details, large windows that fill the home with natural sunlight, and the inviting front porch. Outside, you will find a decent sized yard and a detached garage. Whether you're expanding your investment portfolio or searching for a home with income-producing potential, this double delivers space, character, and opportunity all in one package. Schedule your showing today!

509-511 E Northern Ave, Springfield

$185,000

6 Beds ⋅ 3 Baths ⋅ 1046562 MLS

Investment opportunity or live in one side and rent the other. This spacious double is a perfect addition to your investment portfolio. As you approach the home, the front porch is large and very welcoming. Inside the larger unit (457), it has 3 large bedrooms and 1.5 baths with an attic that can be used as a 4th bedroom. 459 units has 3 large bedrooms and 1 bath. In both units, the living room and dining room have beautiful woodwork and floors. Fireplace is decorative but has gas hookup (fireplace is not warranted). Built in seating with storage under the bay window with large windows. The kitchens have been renovated with new cabinetry and countertops.

457-459 E Madison Ave, Springfield

$185,000

6 Beds ⋅ 2 Baths ⋅ 1046563 MLS

Investment opportunity! This spacious, fully occupied duplex is perfect addition to your investment portfolio. Each unit offers 3 bedrooms and 1 full bath with generously sized living spaces, large windows that fill the home with natural light, and original wood flooring throughout the home. Both units feature decorative fireplaces (not warranted) adding timeless character and charm. Please - curb side offers only subject to a final walk through. 48-72 hour notice.

557-559 E Madison Ave, Springfield

$259,950

8 Beds ⋅ 3 Baths ⋅ 1046476 MLS

Fully Remodeled High Cash Flowing Duplex! Currently rented out at $3900. Both units are occupied with both having 8 to 9 months left on their lease. Allowing you to filled a cash flowing property for at least the rest of year. While also not having to worry about any large repairs as improvements include: Framing, Updated Electrical, New Plumbing, New Furnaces, Kitchen, Bathroom Windows, Doors, Drywall, Trim, Paint, Siding, Facia, & A Roof that is only 6 years old! Creating peace of mind as you don't have to worry about making any high expense repairs for the next 10-15 years!

834 W North St, Springfield

$165,000

3 Beds ⋅ 2 Baths ⋅ 1043873 MLS

Great investment opportunity! This 2-unit property offers practical living space and solid rental potential. One unit includes 2 bedrooms, while the second unit features 1 bedroom--providing flexible options for tenants or an owner-occupant setup. Conveniently located just minutes from dining, grocery stores, and highway access. Walking distance to Snyder Park and Snyder Park Elementary School, this property offers easy access to everyday necessities and commuting routes. Whether you're looking to add to your rental portfolio or live in one unit and rent the other, this duplex presents a straightforward opportunity with room to make it your own.

1866 Maiden Ln, Springfield

$80,000

4 Beds ⋅ 2 Baths ⋅ 1045522 MLS

Great investment property opportunity! This duplex features one unit currently tenant-occupied, providing immediate rental income, while the other unit is vacant and ready for your next tenant or owner-occupant. With light cosmetic updates needed, there's excellent potential to increase value and maximize returns. Perfect for house hacking or expanding your portfolio.

337 Fair St, Springfield

$180,000

4 Beds ⋅ 2 Baths ⋅ 1040550 MLS

Turnkey duplex opportunity in the heart of Springfield! Welcome to 836-838 Rodgers Dr, a spacious and well-maintained duplex offering endless possibilities for investors or owner-occupants alike. Whether you're looking to expand your investment portfolio, live in one side while renting the other, or accommodate multi-generational living, this property checks all the boxes! Each unit features 2 bedrooms and 1 full bath with beautiful hardwood flooring throughout. With approximately 2,862 square feet of living space, both sides offer roomy layouts and plenty of potential. Outside, enjoy a fenced-in yard and a detached 2-car garage for added convenience and storage. Currently vacant and ready for its next owner, this duplex is move-in ready and full of opportunity. Don't miss your chance to own a versatile income-producing property in a desirable location-- $1000 a month per side for renting purposes! -- schedule your showing today!

836-838 Rodgers Dr, Springfield

$179,900

5 Beds ⋅ 3 Baths ⋅ 1044905 MLS

This spacious three-unit investment property in Springfield's College Hill neighborhood offers strong income potential and a highly desirable location near Wittenberg University, just minutes from downtown Springfield, Snyder Park, Buck Creek, bike paths, and more. Built in 1913 with approximately 3,350 square feet, the property features two large units on the first and second floors, each offering 2 bedrooms with a possible 3rd bedroom, a large living area, and a kitchen. The third-floor unit includes 1 bedroom, a living area, kitchen, and bath. Current rental potential is impressive, with the first and second floor units renting for $1,500 per month each and the third-floor unit at $800 per month, creating a total potential gross income of $3,800 per month. Tenants pay their own gas and electric, while the landlord covers water, trash, and sewer. With its size, layout, location, and solid rental structure, this property presents a fantastic opportunity for an investor seeking strong cash flow and long-term upside.

126 E Cassilly St, Springfield

$144,500

4 Beds ⋅ 3 Baths ⋅ 1046045 MLS

Calling all investors! Don't miss this excellent cash-flowing opportunity in Springfield. This fully- occupied 4-plex is the perfect addition to your portfolio, featuring four 1-bedroom, 1-bathroom units that provide steady rental income. Additionally, the property includes a detached garage, offering potential for extra rental income. With tenants already in place, this property is primed and ready for a savvy investor. Secure your next investment today!

204 W Johnny Lytle Ave, Springfield

$177,500

4 Beds ⋅ 2 Baths ⋅ 1044719 MLS

Back on market at no fault to the seller. Well maintained duplex owned long term by the same owner, offering a solid investment opportunity with key updates already in place. Each side features its own private entrance with covered front porch, creating a comfortable and functional layout for tenants. Both units offer updated kitchens with an abundance of cabinetry, newer flooring, and plenty of natural light. Beautiful hardwood floors carry through the main living areas, adding warmth and character that tenants appreciate. The spacious layouts feel open and livable, with large living rooms and practical flow throughout. Major mechanical updates have been completed, including updated furnaces, water heaters, and electric panels, helping reduce immediate capital expenses. Each unit also includes its own private basement with laundry and storage space, along with separate garage space, a valuable feature that adds to tenant appeal and long term retention. Situated on a manageable lot with off street access and a traditional layout that continues to perform well as a rental, this property is a great addition to a portfolio or an excellent option for an owner occupant looking to offset their payment. Current tenants are on month to month agreements.

263 N Isabella St, Springfield

$295,000

6 Beds ⋅ 6 Baths ⋅ 1026445 MLS

Looking for an income producing property? Located in the Historic District is this beautiful 6-unit building, bringing in $3,200.00 per month income. There are 4 efficiencies and 2 1-bedroom units, detached 3 car carports.

411 S Limestone St, Springfield

$144,900

4 Beds ⋅ 4 Baths ⋅ 1045099 MLS

Great Investment opportunity with this well maintained 4 unit conveniently located close to downtown Springfield. Seller pays all utilities. 3 of 4 units are currently rented.

707 W High St, Springfield

$90,000

3 Beds ⋅ 2 Baths ⋅ 1046379 MLS

Investor Opportunity! Add this fully occupied duplex to your portfolio and start generating income from day one. This solid brick multi-family property offers two units: a spacious 2-bedroom, 1-bath lower unit and a 1-bedroom, 1-bath upper unit. Tenant-friendly utility structure helps reduce owner expenses, with tenants responsible for their own electric service and a portion of the gas bill, while the owner currently pays water and trash. The property features approximately 1,935 square feet of living space, a full basement, and a durable brick exterior. A new water heater installed in 2026 provides added peace of mind for future ownership. Conveniently located near downtown Springfield, shopping, dining, and major thoroughfares, this income-producing property presents an excellent opportunity for both seasoned and first-time investors looking to expand their rental portfolio. Fully occupied and cash-flowing--don't miss your chance to own this turnkey investment.

21 Lagonda Ave, Springfield

$345,000

10 Beds ⋅ 5 Baths ⋅ 1045790 MLS

Investment opportunity in the heart of Springfield! This all-brick 4-unit property, along with an additional single-family house located at the rear of the lot, is now available for sale. All 5 units feature 2 bedrooms and 1 bathroom, offering strong rental appeal and consistent income potential. Beginning July 1st, total monthly rental income will be $4,725, with room for future increases and added upside for investors. Ideally situated just steps from Springfield's up-and-coming downtown district, this property offers a prime location close to local dining, shopping, entertainment, and ongoing development. Whether you're looking to expand your portfolio or secure a solid income-producing asset, this property checks all the boxes with its great location and strong investment potential. 4 garages are attached to the back building. 48 hr notice required for all showings

409 S Fountain Ave, Springfield

$89,900

3 Beds ⋅ 3 Baths ⋅ 1045983 MLS

Investment opportunity in Springfield! This triplex at 7-11 W. Mulberry St. offers a great addition to any investor's portfolio. The property features three units, including two 1-bedroom units and one studio apartment. This is a great opportunity to house hack and live in 1 unit and have your mortgage paid for by the other 2 units. Units 7 and 9 and vacant and rent ready. Unit 11 is remodeled and is in rental condition. Recent improvements include fresh paint, new LVP flooring, updates to a bathroom and kitchen, and several newer windows. Unit 7 has recently been painted, and Unit 11 has received new flooring and interior updates. Whether you're looking to expand your rental portfolio or explore the opportunity to occupy one unit while generating income from the others, this property offers excellent potential. Conveniently located near downtown Springfield, shopping, dining, and major roadways. Property information and room counts are believed to be accurate but should be independently verified by buyers

7 W Mulberry St, Springfield

$199,000

4 Beds ⋅ 4 Baths ⋅ 1045449 MLS

This 4-unit apartment building, offering 5,632 square feet, is a strong investment opportunity located on the west side of Springfield. Each of the four units features a 1-bedroom, 1-bath layout. Two upper units are currently vacant, presenting immediate income potential--estimated at an additional $1,300 per month--bringing total projected monthly income to approximately $2,800. Tenants are currently on a yearly lease through 2/2027 & 3/2027. Each unit offers a spacious bedroom and living area enhanced by attractive wood flooring, creating a warm and inviting atmosphere. The kitchens feature durable wood plank flooring, providing both style and functionality for everyday living. Bathrooms are finished with low-maintenance vinyl flooring for added convenience. Large windows throughout each unit allow for abundant natural light, brightening the interiors and adding to the overall appeal. Lower unit residences will also enjoy a private front porch, ideal for relaxing mornings or evenings. Upper residence have a private deck to the back of the home. Additional features include a one-car detached garage for each unit, offering secure and convenient parking. Whether you're expanding your portfolio or seeking a property with solid income potential, this multi-family investment delivers both value and opportunity. 48 hour notice required. Curb offers encouraged subject to a walk through.

1606-1608 W High St, Springfield

$139,900

4 Beds ⋅ 2 Baths ⋅ 1046019 MLS

This home was built as a Duplex, converted to a Single Family by the previous owner, who replaced the 2 gas furnaces with 1 Heat pump in 2019. The current owner converted it back to a duplex, but it still operates on the 1 Heat Pump. There were 2 long term tenants until recently, so the home is vacant and easy to show. Parking on the side of the home or on street. Plenty of room to build a garage in the back. This home has a lot of potential. The previous Tenants were paying $800 on one side and $700 on the other. Needs some TLC, but great opportunity for nice income.

1524-152 W North St, Springfield

$99,900

3 Beds ⋅ 3 Baths ⋅ 1043773 MLS

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 and is currently leased on a 6 month lease 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. 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.

1223 Lagonda Ave, Springfield

$129,000

4 Beds ⋅ 2 Baths ⋅ 1046085 MLS

Rental property 1 bedroom downstairs, with newer carpet, the front porch has been completely updated with composite decking, the upstairs attic has been converted into 2 bedrooms with 1 bedroom on the second floor, the backyard is fenced in with parking in the rear.

306-308 E Northern Ave, Springfield

$690,000

4 Beds ⋅ 3 Baths ⋅ 1034977 MLS

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!

1701 Lexington Ave, Springfield

$163,500

4 Beds ⋅ 2 Baths ⋅ 1044777 MLS

Great Price! Established investment property- Brick double with 2 bedrooms, 1 bath upstairs, living room, dining room and kitchen. Full unfinished basement w/laundry hookup. Same floor plan for each unit. Bathroom updates less than 2 years old, new outside railings, new flooring both units 2024 and 2025. Tenants pay gas, electric, cable, internet. Owner/seller pays water/sewer and trash. Current rent is $850 each side.

1143 Cedarview Dr, Springfield

$49,900

4 Beds ⋅ 3 Baths ⋅ 1043656 MLS

Discover the potential in this spacious double-4 bedroom, 2 1/2-bathroom, 1867 sq. ft. home (not including finished attic/loft area) located in a quite established neighborhood, sitting high and offering a bird's eye view from the large, covered porch. Wide hillside stairs with double railing. Alley access to ground level. Large foyer with L-shaped staircase opening to a second-floor hub. 2 fireplaces. Unique finished attic square footage for additional bedroom or studio. With vision and creativity, this property can truly shine. If you are ready to take on a rewarding renovation project, don't miss out on this opportunity to add value and make it your own. This was an investment in the supply chain waiting for renovations, but a Florida job opportunity has brought a change of plans.

727 W High St, Springfield

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