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Updated Triplex with Mixed Unit Layout
For Sale
$99,900

7 W Mulberry Street, Springfield, OH 45506

Three residential units include refreshed interiors, newer windows, and two vacant spaces ready for occupancy.

Property SizeContact for details
Days on Market42

Property Features for 7 W Mulberry Street

General Information

Standard status Active
Property subtype Multi Family Home

Units

Unit Mix 2 x 1BR, 1 x studio
Multifamily Units 3

Taxes and HOA fees

Annual Taxes $819

Building Details

Year Built 1861
Units 3
Listing Agency: Coldwell Banker Heritage
Listed By: Arthur A Solomon
Source: Hcblandrealty
Added: Jul 20 Changed: Aug 29 Last Checked: Aug 30 at 5:40PM

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 Heritage

Investment Insights

Based on property information with market context.

The property at 7 W Mulberry Street is a triplex with two one-bedroom apartments and one studio. Improvements include fresh paint, new LVP flooring, bathroom and kitchen updates, and several newer windows. Unit 7 has been repainted, while Unit 11 includes new flooring and additional interior improvements. Units 7 and 9 are vacant and rent ready; Unit 11 is remodeled and in rental condition.

Built in 1861, the property is in Springfield near downtown, shopping, dining, and major roadways. The three-unit configuration provides a mix of one-bedroom and studio living arrangements within a single residential property.

Key Highlights

  • Three‑unit triplex with two 1‑bedroom apartments and one studio
  • Units 7 and 9 are vacant and rent ready
  • Unit 11 remodeled and in rental condition

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Dental Office Spa & Massage Center Skin Care Clinic Hair Salon Storage Facility Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

1,029
Businesses Nearby

Demographics for 45506, OH

13,330
Population
6,613
Households
2
Avg Household Size
39
Median Age
13%
College-Educated
87%
High-School Grad
12.2 sq mi
ZIP Area
1,093
Density / Sq Mi
$40,132
Median Household Income
$34,774
Median Earnings
$800
Median Rent
$101,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Three residential units include refreshed interiors, newer windows, and two vacant spaces ready for occupancy.
Where is this triplex located?
The property is located at 7 W Mulberry Street Springfield, OH.
What is the asking price?
The asking price for this property is $99,900.
What are key features of this property?
This property features: Three‑unit triplex with two 1‑bedroom apartments and one studio; Units 7 and 9 are vacant and rent ready; Unit 11 remodeled and in rental condition
More about this property
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