1223 Lagonda Avenue, Springfield, OH 45503
- 0.06 acres
- Built 1920
About this home
Rare opportunity to own a versatile three unit investment property with additional off street parking on a two parcel sale located at the corner of Lagonda and Farlow. Included in the sale is the additional parcel at 0 Farlow currently utilized for valuable off street parking. The property features three separate entrances allowing privacy and flexibility for each unit. The upper apartment offers 2 bedrooms and is currently leased to a long term tenant at $600 per month providing immediate income. A separate office style unit includes 1 office/bedroom, storage room, and half bath which previously was leased at $400 per month.. The spacious main level apartment currently functions as a large 1 bedroom unit but offers outstanding potential for reconfiguration into a 2 or possibly 3 bedroom unit, creating additional rental income potential estimated between $1,000 to $1,400 per month depending on improvements and layout. August of 2026, two brand new windows were installed in this unit (see photos) allowing plenty of natural light and easy for a buyer to split off the large space as they wish. Additional updates include replacement windows, siding, updated electric panels, and a complete tear off roof completed in 2004. Gas is currently serviced by one meter with owner paying gas, water, sewer, and trash. With existing rental income, additional parking parcel, flexible floor plans, and future upside potential, this property presents an excellent opportunity for an investor looking to increase cash flow and maximize long term value. Motivated seller is looking for an offer. Come take a peek today!! Easy to show.
Key facts
- Status
- Active
- Type
- Duplex
- Days on market
- 46
- Property taxes
- about $996/yr
- Subdivision
- city
- County
- Clark
- MLS #
- 226033552
- Listing brokerage
- ROOST Real Estate Co.
- Listing agent
- Priscilla Lee McNamee
- Listing brokerage contact
- 937-390-3715
Lot and parking
- Lot size
- 0.06 acres
- Lot square feet
- 2,613
Systems and utilities
- Heating
- Forced Air
- Sewer
- Public Sewer
- Water
- Public
Taxes and HOA
- Property taxes
- about $996 a year
- Tax year
- 2025
- Parcel number
- 3400700029306010
Schools
- District
- Springfield CSD
Sale terms
- Financing accepted
- Conventional
Around it
ZIP 45503: 22 homes for sale. Clark County: 84 homes for sale · county sold data. Town: everything for sale in Springfield · Springfield sold prices and days on market.
Is it priced right?
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Shown here through the MLS IDX program by Blacktree Realty. Listing information is provided by the Columbus and Central Ohio Regional MLS through the Internet Data Exchange program and is deemed reliable but not guaranteed. Listings held by brokerages other than Blacktree Realty are identified with the listing brokerage's name. IDX information is provided exclusively 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 last updated Oct 19, 2026, 6:08 PM.