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400 S Arlington Avenue, 
Springfield, OH 45505

$179,900


4

Beds


2

Baths


2,344

Sq Ft


Multi-Family


Virtual Tour

Pending

Listed by

Julie Broghamer

Real Estate Ii, Inc.

937-390-3119

Last updated:

January 29, 2026, 05:59 PM

MLS#

1043511

Source:

OH WRIST

About This Home

400 S Arlington Avenue

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 brings in $2,400 per month. Unit 400 - $1,200/mo( 5 months left on lease) This unit features fresh paint, new lighting, updated appliances, and a new dedicated outlet for the bedroom AC. Updated electric panel, furnace, and water heater provide peace of mind. Unit 402 - $1,200/mo (Month-to-month) Updated within the last 18 months, including a newer refrigerator and stove. Mechanical updates include an improved electric panel, furnace, and water heater. Both units offer original hardwood floors, classic architectural charm, and access to a welcoming covered porch perfect for enjoying the outdoor. First Floor: Living room, dining room, kitchen, and a bright sunroom—ideal for office space or flex use Second Floor: Two large bedrooms and one full bath Basement: Private storage areas for each unit plus laundry hookups Garage: Each tenant receives one side for storage Exterior: Large shared side yard Low Operating Expenses: Water: Averages under $100/month Lawn care: $40 per cut Tenants pay their own electricity, gas, and trash This turn-key duplex offers strong cash flow, modest expenses, and a stable rental history—the ideal addition to any rental portfolio. Sold as a package deal with 250-254 S Douglas and 2111-2115 Kenilworth Photos are of only 1 unit

Home Facts

Multi-Family

2 Baths

4 Bedrooms

Built in 1910

Price Summary

179,900

$76 per Sq. Ft.

MLS #:

1043511

Last Updated:

January 29, 2026, 05:59 PM

Added:

5 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

4

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Interior

Living Area:

2,344 Sq. Ft.


Structure

Structure

Building Area:

2,344 Sq. Ft.

Year Built:

1910


Lot

Lot Size (Sq. Ft):

7,405


Finances & Disclosures

Finances

Price:

$179,900

Price per Sq. Ft:

$76 per Sq. Ft.

Source:OH WRIST
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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.