Under $200,000 Springfield OH Real Estate, Homes, Condos for Sale

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

$82,900

3 Beds ⋅ 3 Baths ⋅ 1045983 MLS

3 UNIT PROPERTY. LIVE IN 1 SIDE AND RENT THE OTHER 2 UNITS AND LIVE RENT FREE. 1 BEDROOM UNIT CAN RENT FOR $750-900, 2ND 1 BEDROOM UNIT $750-$900 AND THE 2 BEDROOM UNIT $950-1100 / MO. 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

$188,000

4 Beds ⋅ 3 Baths ⋅ 1046034 MLS

Spacious 4 bedroom home with plenty of room for all your living needs. Step into a warm, inviting living room ideal for gathering with family & friends. Beside the living room is a study lined with windows and built in book shelves, perfect for an office, library or hobby room. Enjoy entertaining in the large well-lit dining room. The kitchen and cozy breakfast nook connect to a convenient mud room with access to the backyard. A full bathroom completes the main level. Upstairs are 3 bedrooms and another full bathroom. The finished attic serves as a generous sized 4th bedroom and additional bathroom. This home has a clean full basement with abundant storage space. Outside, the fenced backyard offers plenty of space for family fun. A detached garage and storage shed provide additional room for tools and equipment. Located near shopping, dining & major routes this home combines space, functionality & location in one great package.

110 E First St, Springfield

$32,900

1030857 MLS

Welcome to this fantastic lot for sale in the vibrant location near Wittenberg campus. This property offers the perfect building opportunity for your primary home or investment project. Situated in a prime location, this lot is just minutes from downtown, providing easy access to great entertainment venues, restaurants, and shopping opportunities. Contact us today for more information!

120 E Ward St, Springfield

$75,000

3 Beds ⋅ 1 Baths ⋅ 1045923 MLS

Are you looking for a project? This home needs a complete rehab and would be an ideal property for an investor or a fixer upper to make your own!

410 Ogden Rd, 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. One upper unit is currently vacant, presenting immediate income potential--estimated at an additional $675 per month--bringing total projected monthly income to approximately $2,800. Tenants are currently on a yearly lease through 2/2027, 3/2027 & 8/2027. 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

$200,000

3 Beds ⋅ 1 Baths ⋅ 1046318 MLS

Back on the market and better than ever! This 3-bedroom, 1-bath gem on the County Line offers 1,165 square feet of move-in-ready living space, minutes from Navistar and equal distance from downtown Springfield and Urbana. Remodeled in 2023 with newer laminate flooring on the main level, a modernized full bath, and a stylish kitchen featuring painted cabinets, updated countertops, a decorative backsplash, and a newer dishwasher. The open-concept kitchen and dining area includes a coffee bar crafted from local Cedar Bog logs, and the entire upstairs has just been completely renovated. Outside you'll find a metal roof, newer front door and porch, concrete patio, and a two-car detached garage with an attached 25x25 barn. Northeastern Local School District. Fresh updates, new price, same country charm! Reach out for details about the assumable USDA Loan!

473 W County Line Rd, 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

$8,000

1043860 MLS

Investor Bundle Package! Three vacant lots sold together for $24k or separately for just $8k! 1002 S Yellow Springs St, 1823 Clay St,, and 441 E Euclid Ave. Unlock the potential of three strategically located vacant lots in established Springfield neighborhoods--offered as one investment bundle. Whether you're an experienced investor expanding your portfolio or a new developer ready to break ground, this package delivers flexibility, visibility, and strong long-term upside. Situated in areas with existing residential homes and steady rental demand, these parcels offer the perfect canvas for a variety of development strategies. Consider building single-family homes, tiny home communities, modular builds, or long-term buy-and-hold new construction rentals. With city utilities nearby and flat, usable terrain, each lot provides a straightforward path from concept to construction. Springfield continues to show growth in housing need, making now the ideal time to build. Bring your vision and creativity--these lots are the blank slate you've been waiting for. Investors, builders, and developers: seize this rare opportunity to shape a multi-site project in a steadily developing market. Don't miss the chance to secure three buildable lots with endless potential.

1002 S Yellow Springs St, Springfield

$125,000

2 Beds ⋅ 1 Baths ⋅ 1045900 MLS

Conveniently located just outside of Springfield with quick and easy highway access, this beautifully updated home offers comfort, convenience, and space to enjoy the summer season. Rebuilt in 2011, the property features 2 bedrooms, 1 bathroom, new carpet, a detached garage, and a driveway with plenty of parking. Situated on approximately 1/4 acre with a fenced-in yard, there's room to relax, entertain, garden, or enjoy outdoor activities all summer long. Located within the Clark-Shawnee Local School District, this property could be a great opportunity for anyone looking to begin their homeownership journey or downsize into a manageable, move-in ready home.

633 Neosha Ave, Springfield

$49,900

3 Beds ⋅ 1 Baths ⋅ 1038275 MLS

Wow! Same owner for over 70 years looking to move into his retirement home. Nice large tri-parcel lot with a 3 bedroom 1 bath home. Great opportunity to build a nice 2 or 3 car garage on this corner lot. Home needs some TLC. Shawnee School District. Cash buyers only. Being sold as-is. Listing condition -Owner to find home of choice.

201 Kinnane Ave, Springfield

$9,999

1045385 MLS

Two adjacent parcels for sale on the corner of W Pleasant and S Yellow Springs Street. Combined they are close to a 1/4 acre. The combined parcels are 12,660 square feet. These have nice visibility from both streets.

419 S Yellow Springs 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 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.

1223 Lagonda Ave, Springfield

$135,000

3 Beds ⋅ 2 Baths ⋅ 1046211 MLS

Opportunity Knocks for sweat equity or an investor! Spacious 2 story home with over 2,000 square feet, plus an unfinished attic and a full unfinished walk out basement. 3 bedrooms (master bedroom has two closets, access to the attic and a gas fireplace), a study and a full bath on the second floor. First floor features the huge 25 x 15 living room (with built in shelves and a gas fireplace), dining room (with built in cabinets and a bay window), kitchen (with a 7 x 3 pantry with built in cabinets, shelves, and a laundry shoot), and the other full bath. The laundry room is located in the basement and the attic is good for storage or could be finished for additional living space. There is a front porch with a swing, a back deck, fenced yard and a detached 16 x 18 garage. Schedule your showing today to see this Ridgewood Home!

129 Hampton Pl, Springfield

$109,000

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

$45,000

1044710 MLS

Rare opportunity to own a buildable residential lot in a newly established subdivision in Springfield. With road access already in place and utilities available at the street, this property is ready for your vision. Each lot offers a larger than average footprint compared to typical residential lots in the area. Opportunity for tax abatement may be available, offering added value for long-term savings on improvements - buyer to verify eligibility and terms. Conveniently located near shopping, dining and major highways. For individual buyers, this is a chance to build your dream home from the ground up. For investor and builders, multiple lots are available, offering a unique opportunity for spec home construction or portfolio expansion in a growing market. Lots available individually or as a package. Buyer to do all due diligence regarding zoning, building restrictions, utilities and intended use.

266 S Clairmont Ave, Springfield

$119,900

3 Beds ⋅ 2 Baths ⋅ 1036927 MLS

Welcome home to this Southeast in the City classic 2 story. The corner lot location makes this one even more appealing to a buyer's checklist! The welcoming front porch is the perfect perch to be on during most seasons of the year. Enter a long entry hall that leads the way to a lounging front living room. Plenty of natural light streaming from all corners. New neutral carpeting and painting make it easy to move right in and add your own personal touch! The kitchen is large in size so entertaining and hosting parties is a breeze. There is room for a working island and a cozy breakfast nook overlooking the backyard space. Updated cabinetry, counter top, sink & faucet polish up the look of the prep room.The 1st floor bedroom is located off of this room. Easy access to the backyard with the back door as well. The upper level houses 2 large bedrooms with ample closet space. Secondary Bedroom 2 has double closet space for more ample storage.The hallway full bath has been renovated and given a re-fresh. The basement has the laundry facilities as well as the mechanicals. Good storage available. There is a walk-out door that leads onto the sidewalk along the corner. Enjoy an open back yard that is fully fenced and a double gate is located near the back alley for easy load in when needed. Lots of playing room & garden green space for the coming sunny months. Improvements: (per seller) Updated kitchen including flooring. All flooring on 1st & 2nd floors new; LVP flooring & neutral carpeting. Vinyl replacement windows.

550 E Rose St, Springfield

$110,000

3 Beds ⋅ 1 Baths ⋅ 1045561 MLS

New within last two years; Roof, Furnace & Water Heater. Three bedroom home.

1611 Springmont 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

$180,000

1043736 MLS

1 Acre Zoned CC-2 Community Commercial District... The lot is located on a Cul-de-sec with newer Retail buildings all around it. This is the last lot left to build on. Water, sewer, and natural gas are available at the street.

1420 Parker Ct, Springfield

$175,000

3 Beds ⋅ 1 Baths ⋅ 1045306 MLS

Charming Cape Cod style home offering 3 bedrooms and 1 full bathroom with fresh interior paint throughout. This home features a functional layout with a comfortable living area, natural light, and a mix of updated finishes and classic character. The second level provides additional living space that can be used as a bedroom, office, or flex area. The full basement offers ample storage and utility space and is currently unfinished, giving opportunity for future use based on your needs.Outside, you will find a spacious yard with room to enjoy outdoor activities along with a attached 1 car garage and an additional storage shed for convenience. Conveniently located near local amenities, shopping, and major routes, this home offers a great combination of space, functionality, and potential.

1320 N Plum St, Springfield

$165,000

2 Beds ⋅ 1 Baths ⋅ 1044430 MLS

Welcome to this 3-bedroom, 1-bath Cape Cod-style home offering approximately 1,075 square feet of living space in the Belmont Meadows neighborhood. This property presents a great opportunity for a variety of buyers, whether looking to add to a portfolio or create a place to call home. The layout includes a functional main living area along with a finished attic space that provides additional flexibility for a bedroom, office, or bonus room. The home sits on a level 0.18-acre lot with a manageable yard and room to enjoy outdoor space. Additional features include a detached garage for parking or storage, along with an open frame porch that adds to the home's character. Built in 1951, the property offers classic Cape Cod styling with potential for updates or personalization to suit your needs. Conveniently located in Springfield with access to local amenities, this property is situated within the Springfield City School District and offers a practical option for those seeking value and versatility.

1835 S Sweetbriar Ln, Springfield

$40,000

4 Beds ⋅ 3 Baths ⋅ 1043656 MLS

Discover the potential in this spacious double-4 bedroom, 2 1/2-bathroom, 2,308 sq. ft. home 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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Under $200K Springfield Real Estate