12% Cap Rate!Add this updated, well-maintained duplex to your investment portfolio—or enjoy the benefits of owner-occupied living while your tenant helps pay the mortgage.
This solid income-producing property generates $2,400 per month in rent.
Unit 400: $1200 10 months left on lease
Unit 402: $1200 — Month-to-month
Each unit has updated electric panels, furnaces, and water heaters.
Unit 400 has fresh paint, new lighting, updated appliances, and a new dedicated outlet for the bedroom AC.
Unit 402 has been updated within the last 18 months, including a newer refrigerator and stove.
Both units feature original hardwood floors, classic architectural charm, and a welcoming covered porch perfect for enjoying the outdoor.
First Floor: Living room, dining room, kitchen, sunroom ideal for office space
Second Floor: 2 large bedrooms and 1 full bath
Basement: Laundry hookups and private storage areas
Garage: Each tenant receives one side for storage
Exterior: Shared large side yard
Operating expenses are modest:
Water: Averages less$100/month
Lawn care: $40 per cut
Tenants pay their own electricity, gas, and trash.
This is a turn-key duplex with strong cash flow, low expenses, and steady tenant history—an ideal addition to any rental portfolio.
Owner/Agent
Active
$189,000
400 S Arlington Ave, Springfield, OH 45505
4beds
2,344sqft
Est.:
Duplex
Built in 1910
-- sqft lot
$174,100 Zestimate®
$81/sqft
$-- HOA
What's special
Laundry hookupsClassic architectural charmOriginal hardwood floorsFresh paintUpdated appliancesShared large side yardNewer refrigerator
- 42 days |
- 264 |
- 11 |
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