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Listed price in listed location currency (USD).
$119,900

330

MLS® 1043773

Overview

Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage Yes
Taxes 
Days Active 96
Lot Size 
Approx. Age 1920
MLS® Number 1043773

Property Address: 1223 Lagonda Ave, Springfield, OH, 45503-4304

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

Description

Value-add opportunity with multiple income possibilities on this two-parcel property located at the corner of Lagonda and Farlow. Included in the sale is an additional parcel at 0 Farlow currently used for off-street parking. The upper unit is leased to a long-term tenant at $600 per month, providing immediate income. The main level offers significant upside and flexibility. Currently configured with a front office area and a one-bedroom apartment, the layout can be easily reimagined due to minimal interior structural constraints. The main level presents several options for the next owner: • Convert to a larger single unit with expanded living space • Reconfigure into a 2-3 bedroom unit • Explore the potential to create multiple rental units (buyer to verify zoning and use) Previously operated as a neighborhood pub, the space offers an open footprint that is difficult to find in similar properties, making it ideal for redevelopment or repositioning. Additional improvements include updated electric panels, replacement windows, siding, and a complete tear-off roof in 2004. Gas is currently on one meter, with owner covering gas, water, sewer, and trash. With an existing tenant, additional parcel for parking, and a highly flexible main level ready for improvement, this property offers a strong opportunity for an investor to increase value and maximize returns.
MLS® Number1043773
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1920
BasementCrawl Space, Partial
DrivewayNo Garage
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 14, 2026List Date
$119,900List Price

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