1714 Woodward Avenue, Springfield, OH 45506
MULTI_FAMILY - Springfield, OH
- Added:
- Jul 8, 2026
- Days on Market:
- 2
- Last Refresh:
- Jul 9 at 4:06 am
Property Features for 1714 Woodward Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 5
- Bathrooms
- 2
- Rooms
- Bedroom 3, Bedroom 1, Bathroom 1, Bedroom 4, Bathroom 2, Bedroom 2, Bedroom 5
- Basement
- Partial
- Standard status
- Active
- APN
- 3400700033118013
- Size
- 2,994 SF
- Lot size
- 0.16 Acres
Taxes and HOA fees
- Tax Year
- 2025
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas
Building Details
- Year built
- 1900
- Number of units
- 2
Listing agent KD Nave (937) 949-0006
Listing office Glasshouse Realty Group 30 Warder Street Suite 155, Springfield, OH (937) 949-0006
Listing date Jul 8, 2026
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.
HighLights
- Updated duplex with one unit currently occupied for immediate rental income.
- Brand‑new roof and numerous updates throughout.
- Natural gas heating with public sewer.
- Year built: 1900.
- Interior includes 5 bedrooms and 2 bathrooms across the duplex (Bedroom 1–5, Bathroom 1–2).
Overview
Located at 1714 Woodward Avenue in Springfield, Ohio, the property is described as being conveniently close to shopping, dining, and schools, with easy access to everyday amenities. The listing also notes the benefit of being in the heart of the city.
For buyers seeking a versatile residential income property, this duplex provides an opportunity to live in one unit while renting the other. With the current occupancy in place and the second side already refreshed, it can fit investors looking for straightforward management as well as owner-occupants planning to take possession of the available unit. The combination of a new roof and multiple updates supports a practical, lower-maintenance ownership experience based on the improvements called out in the listing.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $15.8k | $5.28 |
| − Vacancy | −$1.3k | −$0.43 |
| EGI | $14.5k | $4.85 |
| − OpEx | −$4.4k | −$1.45 |
| NOI | $10.2k | $3.39 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Springfield
- County
- Clark
- State
- Ohio
- Longitude
- -83.81281
- Latitude
- 39.905377
