$272,000

907 S Limestone Street, Springfield, OH 45505

  • 8 beds |
  • 4 baths |
  • 4,970 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1893
  • Property Lot Size Icon0.29acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $55/sqft
  • Property List Date Icon Listed 4 months ago

Property 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.

Listing Status:
Active
Date Added:
November 18, 2025
Data Last Updated:
April 1, 2026 at 12:20PM
Listing Office:
Keller Williams Community Part : (937) 530-4904
Listing Agent:
Tyler Blatt : (937) 689-3358
MLS ID:
948092
  • A/C: Central Air
  • Heating: Heat Pump
  • Parking: No GarageParking LotPrivate
  • General: Frame2Cellar
  • Originating MLS: DAYTON_DABR
  • School District: Springfield
  • County: Clark
  • Zoning: ResidentialHistoricW SI LIMESTONE 68.67 S OF LIBERTY & PT VAC ALLEY S (11)3400700034314009
  • Utilities: Natural Gas AvailableSewer AvailableWater Available
  • Water: Public
  • Source: DAYTON_DABR

This listing courtesy of Tyler Blatt , Keller Williams Community Part

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Get Prequalified »
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

S

Springfield School of Innovation

601 Selma Rd, Springfield, OH, 45505

Grades 1-12

0.51 miles away

S

Springfield School of Innovation

601 Selma Rd, Springfield, OH, 45505

Grades 1-12

0.51 miles away

S

Springfield School of Innovation

601 Selma Rd, Springfield, OH, 45505

Grades 1-12

0.51 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.