1223 Lagonda Avenue Springfield, OH 45503
MULTI_FAMILY - Springfield, OH
Property size:
2,373 SFLot size:
0.06 AcresPrice / SF:
$54/SF- Added:
- Feb 14, 2026
- Days on Market:
- 79
- Last Refresh:
- May 4 at 3:06 pm
Property Features for 1223 Lagonda Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 3
- Bathrooms
- 3
- Rooms
- Bedroom 3, Bedroom 1, Bedroom 2, Bathroom 2, Bathroom 1, Bathroom 3
- Parking features
- Garage
- Patio and Porch features
- Porch
- Basement
- Partial, Crawl Space
- Standard status
- Active
- APN
- 3400700029306010
- Size
- 2,373 SF
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Year
- 2025
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Space Heater, Forced Air
- Cooling system
- Window Unit(s)
Building Details
- Year built
- 1920
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Laminate, Carpet, Vinyl
- Building materials
- Vinyl Siding
Listing agent Priscilla L. McNamee (937) 390-3715
Listing office Roost Real Estate Co. 1636 N Yellow Springs St., Springfield, OH (937) 390-3715
Listing date Feb 14, 2026
MLS# 1043773
Listing URL
Copyright © 2026 West Metro Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Overview
Value-Add Multifamily Opportunity
This two-parcel property, located at the corner of Lagonda and Farlow in Springfield, OH, presents a value-add opportunity with multiple income possibilities. The sale includes an additional parcel at 0 Farlow, currently used for off-street parking. The upper unit is leased to a long-term tenant at $600 per month, providing immediate income. The main level offers significant upside and flexibility. Currently configured with a front office area and a one-bedroom apartment, the layout can be easily reimagined due to minimal interior structural constraints. The main level presents several options: conversion to a larger single unit with expanded living space, reconfiguration into a 2-3 bedroom unit, or exploration of the potential to create multiple rental units. Previously operated as a neighborhood pub, the space offers an open footprint that is ideal for redevelopment or repositioning. The property, with a total size of 2373 square feet and a lot size of 0.06 acres, has updated electric panels, replacement windows, siding, and a complete tear-off roof installed in 2004. Gas is currently on one meter, with the owner covering gas, water, sewer, and trash. With an existing tenant, an additional parcel for parking, and a highly flexible main level ready for improvement, this property offers a strong opportunity for an investor to increase value and maximize returns.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
D & L Termite ...
Garden Center
Location Insight
- Map
- Local Demand
- City
- Springfield
- County
- Clark
- State
- Ohio
- Longitude
- -83.789482
- Latitude
- 39.930141
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Two-parcel property with income potential in Springfield, OH.
Where is this duplex located?
The property is located at 1223 Lagonda Avenue Springfield, OH.
What is the asking price?
The asking price for this property is $129,900.
What are key features of this property?
This property features: Value‑add opportunity with flexible main level layout.; Additional parcel included for off‑street parking.; Immediate income from upper unit leased at $600 per month.
