Springfield, OH Multifamily Properties for Sale

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Found 47 multifamily properties for sale in Springfield, OH, averaging $69/sq ft. Use valuation data to compare deals faster.

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Updated: Aug 16

Renovated Side-by-Side Duplex

131 E Southern Ave, Springfield, OH 45505

$134,900

3,242 sqft

Approximately 3,242 square feet with 7 bedrooms and 3 full baths
Side‑by‑side layout includes a 4‑bedroom, 2‑bath unit and a 3‑bedroom, 1‑bath unit
133 E Southern features a new kitchen, bathroom, flooring, doors, LED lighting, switches, and outlets
Brand‑new roof, 2 high‑efficiency furnaces, and vinyl windows throughout
Separate 100‑amp electrical service for each unit with separately metered gas and electric

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131 E Southern Ave, Springfield, OH 45505

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Est. Cap Rate

8.2%
Above avg (5.9%)
Est. NOI

$11K
Annual
Price @ 7% Cap

$157K
Above asking
Property Type

Duplex
Built 1890

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Updated: Aug 1

4-Unit Multi-Use Historic Colonial

649 E High Street, Springfield, OH 45505

$329,900

4,278 sqft 0.37 AC lot

0.37‑acre lot with 4,278 square feet of historic colonial living space
Once a 4‑unit layout that could be turned back into one
Zoned Multi‑Use with a rear brick carriage house
6 bedrooms, 3 full baths, and 1 half bath plus 3 updated granite countertop kitchens
New slate roof with copper gutters installed in 2013; 43 new windows installed in 2016

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Two-Unit Duplex with Detached Garage

468 E Cecil Street, Springfield, OH 45503

$149,000

2,512 sqft 0.16 AC lot

Each residence offers two bedrooms, one bath, living and dining areas, a kitchen, and a full basement.

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Duplex with Detached Garage

1501 Clifton Avenue, Springfield, OH 45505

$159,000

2,868 sqft 0.18 AC lot

Two occupied residences offer three bedrooms and a full bathroom in each unit.

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Brick Duplex with Updated Flooring

1143 Cedarview Dr, Springfield, OH 45503

$163,500

1,728 sqft

Two matching units include refreshed flooring, full unfinished basement space, and laundry hookups.

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Brick Triplex with Carport

3753 W National Road, Springfield, OH 45504

$144,900

2,440 sqft 0.32 AC lot

Triplex with three one- and two-bedroom units, mini splits, and carport with a two-car garage.

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Duplex with Two Living Units

1725-1727 W High Street, Springfield, OH 45506

$159,000

2,868 sqft 0.18 AC lot

Two-unit residential income property with natural gas heating, public sewer, and a mix of vinyl, laminate, and wood flooring.

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Quadplex with Decks and Porches

1606-1608 W High Street, Springfield, OH 45506

$199,000

2,816 sqft 0.22 AC lot

Four 1-bedroom, 1-bath units with vinyl siding, wood and vinyl flooring, and private decks or a front porch.

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Duplex with Detached Garage

509-511 E Northern Avenue, Springfield, OH 45503

$175,000

2,384 sqft 0.16 AC lot

Tenant-occupied duplex with two 3-bedroom units, porch, and detached garage on a 0.16-acre lot.

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Fully Remodeled Duplex

218 N Jackson Street, Springfield, OH 45504

$259,950

2,400 sqft 0.01 AC lot

Duplex with long-term tenants under 3-year leases and extensive updates, including new roof, electrical, plumbing, furnaces, and windows.

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Multifamily Property with Central Air

226 S Wittenberg Avenue, Springfield, OH 45506

$165,000

2,908 sqft

The property includes central air, natural gas service, and a driveway.

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Well-Maintained Duplex with Private Entrances

263 N Isabella Street, Springfield, OH 45504

$177,500

2,112 sqft 0.13 AC lot

Well-maintained duplex features separate entrances and covered porches, updated kitchens, and major mechanical upgrades in place.

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Duplex with Two-Unit Rental Layout

1866 Maiden Lane, Springfield, OH 45504

$165,000

1,378 sqft

Two-unit duplex with a two-bedroom unit and a one-bedroom unit, heated with forced air natural gas and served by public sewer.

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Updated Duplex with Private Garages

263 North Isabella Street, Springfield, OH 45504

$177,500

2,112 sqft

Two-unit rental property with basements, covered porches, hardwood floors, and separate entrances for each residence.

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Fully Occupied 4-Plex Investment

204 W Johnny Lytle Avenue, Springfield, OH 45506

$144,500

3,080 sqft 0.14 AC lot

Fully occupied four-unit 4-plex with central air, forced-air heating, and four 1-bedroom units on a small lot.

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Four-Unit Brick Quadplex

707 W High Street, Springfield, OH 45506

$139,900

2,546 sqft 0.15 AC lot

Well-maintained four-unit quadplex with brick construction, natural gas heating, and public sewer.

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Four-Unit Multifamily Property

707 High St, Springfield, OH 45506

$144,900

2,546 sqft

Income-producing residential asset near downtown Springfield with owner-paid utilities and three occupied units.

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Brick Duplex With Central Air

1143 Cedarview Drive, Springfield, OH 45503

$163,500

1,728 sqft 0.18 AC lot

Two-unit brick duplex with central air, each side featuring two bedrooms and one bathroom with updated finishes.

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56-Unit Garden-Style Apartment Community

1917-2011 Sweetbriar Ln, Springfield, OH 45505

$3,833,759

Garden-style residential community with an established unit count and in-place income.

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Duplex with Renovated Kitchens and Attic

457-459 E Madison Avenue, Springfield, OH 45503

$185,000

3,212 sqft 0.17 AC lot

Two-unit duplex with renovated kitchens, decorative fireplace with gas hookup, and attic space in the larger unit.

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Three-Building Investment Property Package

250-254 S Douglas Ave, Springfield, OH 45505

Contact for pricing

8,536 sqft

Three buildings with restored details, generating $8010 monthly income.

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Fully Occupied Duplex with Fireplaces

557-559 E Madison Avenue, Springfield, OH 45503

$185,000

3,064 sqft 0.20 AC lot

Fully occupied 2-unit duplex offering 3 bedrooms and 1 full bath in each unit with natural gas forced-air heat.

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Side-by-Side Duplex with Porches

13251327 1325-1327 Clifton Ave, Springfield, OH 45505

$129,900

Updated two-unit property with separate utility services, recent systems work, and convenient access to Interstate 70.

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Brick Duplex with Two Rental Units

21 Lagonda Avenue, Springfield, OH 45503

$85,000

1,935 sqft 0.09 AC lot

Brick duplex with two tenant-separated units, public sewer, and natural gas forced-air heat.

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Springfield, OH Multifamily Properties Market Trends and Statistics

Explore 72 multifamily properties for sale in Springfield, OH, showcased through 47 active listings on our real estate platform. These investment opportunities span a total of 91,487 square feet of properties for sale, with an estimated market value of $10,646,609.

Sale prices for multifamily properties in Springfield, OH start at $44,900, averaging $295,739, and reaching up to $3,833,759 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 100K

Population Growth (5Y) +0.3%

Median Household Income $57,899

College Educated 21.0%

High-Yield Neighborhoods for Investment

Identify Springfield submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
45506	$121.8K
45503	$157.6K
45504	$204.6K
45505	$385.6K

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Clark County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Springfield fall within the 100,000+ square foot range.

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