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Listed price in listed location currency (USD).
$272,000

840

MLS® 948092

Overview

Key Facts

Type Multi Family
Levels Residential Income
Size 4970 sqft
Garage 
Taxes 
Days Active 133
Lot Size 
Approx. Age 1893
Avg. Price Per Sqft $54
MLS® Number 948092

Property Address: 907 S Limestone St, Springfield, OH, 45505-3055

Average square foot calculated using Size range provided by listing agent.

Description

Excellent investment opportunity in the heart of Springfield’s South Limestone corridor! This four-family property generates a strong net income of $30, 064.90 annually (excluding debt service and capital improvements), offering investors immediate cash flow in a historically stable rental market. The property consists of four units, all of which are currently leased on 1-year terms ranging from $1350-1400/month. Recent capital improvements include updated flooring and four brand-new HVAC systems, providing modern comfort and reducing future maintenance costs. The owner currently pays all utilities, streamlining tenant management. Located just minutes from downtown Springfield, the property is surrounded by key amenities: School of Innovation, Global Impact STEM Academy, Wittenberg University and Clark State College are all nearby, making the location attractive for student and workforce renters. Dining and retail options such as Los Mariachis Mexican Restaurant, Lee's Famous Recipe Chicken, Family Dollar, Kroger, and CVS are within a 5-minute drive, as are major bus lines and parks including Veterans Park and Davey Moore Park. With steady rental demand and room to optimize expenses, this multifamily is ideal for investors seeking consistent yield and value-add potential. Schedule your showing today and don’t miss the chance to add a high-performing 4-unit to your portfolio.
MLS® Number948092
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1893
Basement
DrivewayNo Garage, Parking Lot, Private
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Nov 19, 2025List Date
$272,000List Price

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