Springfield Duplex Near Wittenberg
1107 N Fountain Avenue, Springfield, OH 45504
For Sale
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Well-maintained duplex near Wittenberg University, fully leased, remodeled in 2021.
Property SizeContact for details
Days on Market290
Property Features for 1107 N Fountain Avenue
General Information
Standard status
Total Parking Spaces
Property subtype
Occupancy
Net Operating Income
Building Details
Year Built
Units
Listing Agency:
EXP Realty, LLC
Listed By:
Michael Mundey · License #2020004928
(937) 219-3200
Source:
Crexi
Added: Jan 22
Changed: Aug 8
Last Checked: Aug 8 at 6:26AM
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 EXP Realty, LLC
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Investment Insights
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This well-maintained duplex presents an investment opportunity in Springfield, situated one block from Wittenberg University and near downtown, shopping, and dining. The property features a dedicated parking lot. The lower unit includes 2 bedrooms, 1 bathroom, and basement storage, with a rental income of $950 per month. The upper unit offers 3 bedrooms and 1 bathroom, generating $1100 per month. Both units were remodeled in 2021, with new floors, water heaters, Carrier HVAC central air and heat units, PEX piping, gutters, and exterior siding. The property is 100% leased, providing immediate income. Tenants are currently on a month-to-month basis and are interested in long-term occupancy. The total rent is $2050 per month. The property is being sold as-is.
Key Highlights
- Completely remodeled in 2021 with new floors, water heaters, Carrier HVAC, PEX piping, gutters, and exterior siding.
- 100% leased with immediate income of $2050 per month.
- Located within 1 block of Wittenberg University and near downtown, shopping, and dining.
Property Analytics
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Location Intelligence
Trade Area within ½ mile
655
Businesses Nearby
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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
$167,700
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Springfield, OH
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Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Well-maintained duplex near Wittenberg University, fully leased, remodeled in 2021.
Where is this duplex located?
The property is located at 1107 N Fountain Avenue Springfield, OH.
What is the asking price?
The asking price for this property is $169,900.
What are key features of this property?
This property features: Completely remodeled in 2021 with new floors, water heaters, Carrier HVAC, PEX piping, gutters, and exterior siding.; 100% leased with immediate income of $2050 per month.; Located within 1 block of Wittenberg University and near downtown, shopping, and dining.
