Skip to main content
Back to Search Results
|

400 S Arlington Avenue, Springfield, OH 45505

Show All 16 Photos
For Sale

$189,000

4 beds • 2 baths • 2,344 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $80.63
    Price per square foot

  • Over 50 Years Old
    Age

  • Basement
    Amenities

Explore this Property

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
MLS# 1042224

Courtesy Of Real Estate II, Inc.

(937) 390-3119

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Porch, Basement
  • Appliances
    Range, Refrigerator
  • Architecture Style
    Other
  • Exterior Type
    Vinyl Siding
  • Fireplace
    Fireplace
  • Floor Covering
    Vinyl, Wood
  • Lot Size
    0.17 Acres

Map and Directions

Directions to 400 S Arlington Avenue, Springfield, OH 45505

Home seller CENTURY 21 Capital GOLD

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Capital GOLD

(614) 876-2121
Learn More About Us

Mortgage Calculator

$
$ %
Loan Term
%
Invalid number

$ /year
$ /year
$ /month

Monthly Payment Breakdown

  • Principle and Interest
    $0
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $0

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

An Equal Opportunity Company

Copyright © 2025 Western Regional Information Systems and Technology, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.