16-Unit Multifamily
For Sale
Contact for pricing
1019 Garfield Ave, Springfield, OH 45504
Mixed residential income portfolio with single-family homes and small multi-unit buildings managed by a property manager.
Property SizeContact for details
Days on Market143
Property Features for 1019 Garfield Ave
General Information
Standard status
Active
Property subtype
Multifamily
Additional Details
Multifamily Units
16
Building Details
Buildings
13
Listing Agency:
Coldwell Banker Commercial Heritage
(937) 631-5562
Listed By:
Arthur Solomon · License #2014003166
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 29 at 8:55PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Commercial Heritage
Investment Insights
Based on property information with market context.
This multifamily package contains 16 units across 11 single-family homes, one three-unit building, and one two-unit building. The properties are being offered together and are currently managed by a property manager. Two single-family units were vacant as of 12/6/21, while the remaining units were reported as rented at that time.
Lease terms include one long-term lease, with the other leases structured on a month-to-month basis. The owner has held the properties for more than 10 years, providing an established operating history for the portfolio. The asset mix combines detached residential units with smaller multifamily buildings within one offering.
Lease terms include one long-term lease, with the other leases structured on a month-to-month basis. The owner has held the properties for more than 10 years, providing an established operating history for the portfolio. The asset mix combines detached residential units with smaller multifamily buildings within one offering.
Key Highlights
- 16 total units offered as one package
- Unit mix includes 11 single‑family homes, one 3‑unit building, and one 2‑unit building
- Two single‑family units were vacant as of 12/6/21
Property Analytics
Property Profile
Current Use
Lease Details
16
Residential units
Location Intelligence
Trade Area within ½ mile
763
Businesses Nearby
Explore this area
Business Placement
Demographics for 45504, OH
17,343
Population
7,100
Households
2.4
Avg Household Size
41
Median Age
27%
College-Educated
92%
High-School Grad
22.0 sq mi
ZIP Area
788
Density / Sq Mi
$67,334
Median Household Income
$38,813
Median Earnings
$889
Median Rent
$167,700
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Multifamily property - Mixed residential income portfolio with single-family homes and small multi-unit buildings managed by a property manager.
Where is this multifamily property located?
The property is located at 1019 Garfield Ave Springfield, OH.
What are key features of this property?
This property features: 16 total units offered as one package; Unit mix includes 11 single‑family homes, one 3‑unit building, and one 2‑unit building; Two single‑family units were vacant as of 12/6/21
