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1223 Lagonda Avenue, 
Springfield, OH 45503

$99,900


Bed


Bath


-

Sq Ft


Multi-Family

Active

Listed by

Priscilla Lee Mcnamee

Roost Real Estate Co.

937-390-3715

Last updated:

September 10, 2026, 03:03 PM

MLS#

226033552

Source:

OH CBR

About This Home

1223 Lagonda Avenue

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.

Home Facts

Multi-Family

Built in 1920

Subdivision & Development:

city

Price Summary

99,900

MLS #:

226033552

Last Updated:

September 10, 2026, 03:03 PM

Added:

7 day(s) ago


Structure

Structure

Year Built:

1920


Lot

Lot Size (Sq. Ft):

2,613


Finances & Disclosures

Finances

Price:

$99,900

Source:OH CBR
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Coldwell Banker Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.