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Two-Unit Residential Property

224 E Northern Avenue, Springfield, OH 45503

For Sale
New
$54,900

Multi-Family, Springfield, OH

Property Size1,925 SF
Lot Size0.15 Acres
Price / SF$28.52
Days on Market4

Property Features for 224 E Northern Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 4, Bedroom 2, Bathroom 2, Bathroom 1, Bedroom 3, Bedroom 1
Parking features None
Patio and Porch features Porch
Basement Partial
Subdivision Rabbitts
Elementary school district 1206 Springfield CSD
Middle school district 1206 Springfield CSD
High school district 1206 Springfield CSD
Directions I675 N, I70 East, Rt4 east, Turn left onto N Yellow Springs St, Continue onto N Plum St, Turn right onto W McCreight Ave, right on Northern
Standard status Active
APN 3400700035201025
Size 1,925 SF
Lot size 0.15 Acres

Taxes and HOA fees

Tax Year 2025

Utilities

Sewer type Public Sewer
Heating system Forced Air, Natural Gas
Cooling system Central Air

Building Details

Year built 1886
Floors in Building 2
Number of units 2
Building materials Aluminum Siding, Vinyl Siding
Buildings 2
Listing Agency: Coldwell Banker Heritage Realtors
Listed By: Kal Mughrabi · License #0000360336
Added: Nov 4 Last Checked: Nov 7 at 11:06PM
MLS# 1049565

Copyright © 2026 Western Regional Information System & Technology, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

The property contains two houses with a combined 1,925 square feet of building area on a 0.15-acre lot. The front house has two bedrooms and one bathroom; the rear house has one bedroom and one bathroom. Both buildings date to 1886. The property is served by public sewer and has forced-air, natural-gas heating and central air conditioning. A porch is also present.

Key Highlights

  • Two houses with 1,925 square feet of combined building area
  • Front house: 2 bedrooms and 1 bathroom
  • Rear house: 1 bedroom and 1 bathroom

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

545
Businesses Nearby

Demographics for 45503, OH

32,870
Population
15,458
Households
2.1
Avg Household Size
44
Median Age
17%
College-Educated
89%
High-School Grad
17.5 sq mi
ZIP Area
1,878
Density / Sq Mi
$54,561
Median Household Income
$36,761
Median Earnings
$871
Median Rent
$153,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Residential income properties in Springfield, OH

$70.94 Jul
$67.47 Aug
$70.02 Sep
$65.64 Oct

Properties on Market for Residential income properties in Springfield

Jul
Aug
Sep
Oct

Frequently Asked Questions

What type of property is this?
Residential income property - Two separate houses provide a two-bedroom residence and a one-bedroom residence on one parcel.
Where is this residential income property located?
The property is located at 224 E Northern Avenue Springfield, OH.
What is the asking price?
The asking price for this property is $54,900.
What are key features of this property?
This property features: Two houses with 1,925 square feet of combined building area; Front house: 2 bedrooms and 1 bathroom; Rear house: 1 bedroom and 1 bathroom
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