Property profile

246-248 Ludlow Ave Springfield, OH 45505

OFF-MARKET
Apartment buildings
Property ID
US66-2306734
3,596 SF 0.17 ac lot Built 1891
Individually Owned 2-yr Hold Free & Clear
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Property profile

Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 1891
Construction FRAME
Total area 3,596 SF
Lot 0.17 ac (7,500 SF)
APN 340-07-00028-205-005
UPID US66-2306734

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

246-248 Ludlow Ave Springfield, OH 45505
Springfield metro Census 400 SPRINGFIELD, OH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$240k

Owner & transaction history

since 2024
3 recorded transactions
2024
$42,500
2016
Price N/A
2015
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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