Springfield, OH Apartment Buildings for Sale

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Quaker City, OH South Vienna, OH South Charleston, OH

Springfield Multifamily Investment Opportunity

$345,000

5,802 SF

Springfield Multifamily Investment Opportunity

409 S Fountain Avenue, Springfield, OH 45506

Five units near downtown Springfield with income potential.

All‑brick 4‑unit property in Springfield plus an additional single‑family house at the rear of the lot
Total monthly rental income of $4,725 beginning July 1st (5 units total)
All 5 units feature 2 bedrooms and 1 bathroom
Central air and natural gas heat; public sewer service
4 garages attached to the back building

Updated: May 20

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Renovated Duplex - Self-Care Beauty Multi-Plex

$690,000

6,468 SF

Renovated Duplex - Self-Care Beauty Multi-Plex

1701 Lexington Avenue, Springfield, OH 45505

Newly renovated duplex transformed into a self-care beauty multi-plex.

High Weekly Cash Flow: Proven income generation with weekly cash flow between $5637-$6425 from salon suites.
Turn‑Key Business Operation: Fully equipped and renovated Self‑Care Beauty Multi‑Plex ready for immediate operation.
Multiple Income Streams: Combination of 9 salon suites and 3 apartments providing diverse revenue sources.
Low Vacancy Rate: Demonstrated strong rental history with a low 5% vacancy rate in the salon suites.
Recent Renovations: Significant improvements including new flooring, updated plumbing, new flat roof, and new HVAC system.

Updated: Oct 10, 2024

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$295,000

3,506 SF

Springfield Multifamily Income Property

Six-unit building in Historic District, generating $3,200 monthly income.

411 S Limestone Street, Springfield, OH 45505

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$690,000

6,468 SF

Renovated Duplex Beauty Multi-Plex

Newly renovated duplex in Brain All subdivision, a self-care beauty multi-plex.

1701 Lexington Avenue, Springfield, OH 45505

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$295,000

Historic District Income Property

Six-unit building in the Historic District, generating monthly income.

411 S Limestone Street, Springfield, OH 45505

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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 5 Active listings in Springfield, OH, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 67 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Historic Urbana Apartment Building For Sale

$610,000

7,954 SF

Historic Urbana Apartment Building For Sale

Downtown Urbana apartment building with commercial space and expansion potential.

127 Miami Street, Urbana, OH 43078

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Fairborn Multifamily Investment Opportunity

$550,000

7,081 SF

Fairborn Multifamily Investment Opportunity

Two buildings with commercial space, apartments, and on-site laundry.

226-230 N Broad Street, Fairborn, OH 45324

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$6,000,000

Well-Maintained 74-Unit Apartment Community

Fully occupied apartment community with recent capital improvements.

207 West Funderburg Road |, Fairborn, OH 45324

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$620,000

7,954 SF

Historic Urbana Apartment Building For Sale

Nationally recognized historic landmark with five apartments and commercial space.

127 Miami St, Urbana, OH 43078

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

$2,500,000

5.94 Acres

Asheville Development Opportunity: 5.94 Acres

5.94-acre parcel zoned RM6, ideal for multi-family development.

215 N Bear Creek Road, Asheville, NC 28806

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$650,000

3.70 Acres

Land Near Shepherd University

Prime land near Shepherd University with development potential.

8285 MARTINSBURG Pike, Shepherdstown, WV 25443

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$699,900

1.33 Acres

Greenville Development Opportunity: 1.33 Acres

1.33 acre parcel suitable for multi-family development near downtown.

71 Salters Road, Greenville, SC 29607

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Multifamily Development Opportunity in Charlotte

$559,700

0.47 Acres

Multifamily Development Opportunity in Charlotte

Prime 0.47-acre parcel zoned for multifamily development near UNC Charlotte.

4312 Tantilla Circle, Charlotte, NC 28215

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Off-Market Properties in Springfield, OH

Consider similar Off-Market properties in Springfield, OH. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

APARTMENT HOUSE (5+ UNITS)

3,546 SF Lot: 0.17 Acres

Value Estimation by Request

302-304 Pleasant St, Springfield, OH 45506

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APARTMENT HOUSE (5+ UNITS)

3,670 SF Lot: 0.11 Acres

Value Estimation by Request

Unit 716

710 Olive St, Springfield, OH 45503-3736

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GARDEN APT, COURT APT (5+ UNITS)

4,312 SF Lot: 0.30 Acres

Value Estimation by Request

37 Madison Ave, Springfield, OH 45504-2254

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APARTMENT HOUSE (5+ UNITS)

5,808 SF Lot: 0.30 Acres

Value Estimation by Request

728-730 Fountain Ave, Springfield, OH 45506

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APARTMENT HOUSE (5+ UNITS)

3,588 SF Lot: 0.17 Acres

Value Estimation by Request

312-314 Ludlow Ave, Springfield, OH 45505

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APARTMENT HOUSE (5+ UNITS)

3,616 SF Lot: 0.17 Acres

Value Estimation by Request

308-310 Ludlow Ave, Springfield, OH 45505

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GARDEN APT, COURT APT (5+ UNITS)

3,528 SF Lot: 0.17 Acres

Value Estimation by Request

1317-1319 Clifton Ave, Springfield, OH 45505

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APARTMENT HOUSE (5+ UNITS)

2,880 SF Lot: 0.18 Acres

Value Estimation by Request

1127-1129 Garfield Ave, Springfield, OH 45504

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GARDEN APT, COURT APT (5+ UNITS)

3,528 SF Lot: 0.35 Acres

Value Estimation by Request

Unit D

2538 Red Coach Dr, Springfield, OH 45503-1272

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GARDEN APT, COURT APT (5+ UNITS)

2,720 SF Lot: 0.34 Acres

Value Estimation by Request

1560 High St, Springfield, OH 45505-5214

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GARDEN APT, COURT APT (5+ UNITS)

2,392 SF Lot: 0.19 Acres

Value Estimation by Request

215 Saint George Pl, Springfield, OH 45505-5204

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GARDEN APT, COURT APT (5+ UNITS)

4,212 SF Lot: 0.18 Acres

Value Estimation by Request

1102 Fountain Ave, Springfield, OH 45504

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GARDEN APT, COURT APT (5+ UNITS)

9,322 SF Lot: 0.45 Acres

Estimated value

$595,000

1920 High St, Springfield, OH 45505-1200

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APARTMENT HOUSE (5+ UNITS)

2,720 SF Lot: 0.18 Acres

Value Estimation by Request

332 Wittenberg Ave, Springfield, OH 45506-1649

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GARDEN APT, COURT APT (5+ UNITS)

4,392 SF Lot: 0.15 Acres

Value Estimation by Request

213-215 Oakwood Pl, Springfield, OH 45506

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GARDEN APT, COURT APT (5+ UNITS)

2,392 SF Lot: 0.14 Acres

Value Estimation by Request

1725 High St, Springfield, OH 45505-5205

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GARDEN APT, COURT APT (5+ UNITS)

12,160 SF Lot: 2.51 Acres

Value Estimation by Request

447 Ogden Rd, Springfield, OH 45503-5162

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APARTMENT HOUSE (5+ UNITS)

2,036 SF Lot: 0.19 Acres

Value Estimation by Request

309-311 Stanton Ave, Springfield, OH 45503

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APARTMENT HOUSE (5+ UNITS)

3,742 SF Lot: 0.55 Acres

Value Estimation by Request

902-904 Limestone St, Springfield, OH 45505

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Springfield, OH Apartment Buildings Investment Opportunities Market Analysis

Explore 72 apartment buildings for sale in Springfield, OH, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 22,244 square feet of properties for sale, with an estimated market value of $2,020,000.

Sale prices for two-family homes in Springfield, OH start at $295,000, averaging $505,000, and reaching up to $690,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Property Size Breakdown

The majority of commercial real estate listings in Springfield fall within the 100,000+ square foot range.

Demographics Overview

Population 100K

Population Growth (5Y) +0.3%

Median Household Income $57,899

College Educated 21.0%

High-Yield Neighborhoods for Investment

Identify Springfield submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

Neighborhood	Average Price
45506	$345K
45505	$492.5K

Taxes & Financing

Average Loan-to-Value 65.0%

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Reach out if you need assistance with Realmo tools or have questions about your listings

Springfield, OH Apartment Buildings for Sale

409 S Fountain Avenue, Springfield, OH 45506

1701 Lexington Avenue, Springfield, OH 45505

411 S Limestone Street, Springfield, OH 45505

1701 Lexington Avenue, Springfield, OH 45505

411 S Limestone Street, Springfield, OH 45505

Opportunities in Nearby Cities

127 Miami Street, Urbana, OH 43078

226-230 N Broad Street, Fairborn, OH 45324

207 West Funderburg Road |, Fairborn, OH 45324

127 Miami St, Urbana, OH 43078

Potential Development Sites for Consideration

215 N Bear Creek Road, Asheville, NC 28806

8285 MARTINSBURG Pike, Shepherdstown, WV 25443

71 Salters Road, Greenville, SC 29607

4312 Tantilla Circle, Charlotte, NC 28215

Off-Market Properties in Springfield, OH

302-304 Pleasant St, Springfield, OH 45506

710 Olive St, Springfield, OH 45503-3736

37 Madison Ave, Springfield, OH 45504-2254

728-730 Fountain Ave, Springfield, OH 45506

312-314 Ludlow Ave, Springfield, OH 45505

308-310 Ludlow Ave, Springfield, OH 45505

1317-1319 Clifton Ave, Springfield, OH 45505

1127-1129 Garfield Ave, Springfield, OH 45504

2538 Red Coach Dr, Springfield, OH 45503-1272

1560 High St, Springfield, OH 45505-5214

215 Saint George Pl, Springfield, OH 45505-5204

1102 Fountain Ave, Springfield, OH 45504

1920 High St, Springfield, OH 45505-1200

332 Wittenberg Ave, Springfield, OH 45506-1649

213-215 Oakwood Pl, Springfield, OH 45506

1725 High St, Springfield, OH 45505-5205

447 Ogden Rd, Springfield, OH 45503-5162

309-311 Stanton Ave, Springfield, OH 45503

902-904 Limestone St, Springfield, OH 45505

Springfield, OH Apartment Buildings Investment Opportunities Market Analysis

Property Size Breakdown

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

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