1223 Lagonda Avenue, Springfield, OH 45503
Local realty services provided by:CENTURY 21 The Gene Group
Listed by: priscilla l. mcnamee
Office: roost real estate co.
MLS#:1043773
Source:OH_WRIST
Price summary
- Price:$119,900
- Price per sq. ft.:$50.53
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 and is currently leased on a 6 month lease 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.
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....
Contact an agent
Home facts
- Year built:1920
- Listing ID #:1043773
- Added:119 day(s) ago
- Updated:June 13, 2026 at 03:44 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:3
- Full bathrooms:2
- Half bathrooms:1
- Bathrooms Description:Bathroom 1st Floor
- Bedroom Description:Bedroom on 1st Floor
- Basement Description:Crawl Space, Partial
- Living area:2,373 sq. ft.
Heating and cooling
- Cooling:Window Unit(s)
- Heating:Forced Air, Natural Gas, Space Heater
Structure and exterior
- Year built:1920
- Building area:2,373 sq. ft.
- Lot area:0.06 Acres
- Lot Features:Residential Lot
- Construction Materials:Vinyl Siding
- Exterior Features:Porch
- Foundation Description:Stone
- Levels:2 Story
Utilities
- Water:Supplied Water
- Sewer:Public Sewer
Finances and disclosures
- Price:$119,900
- Price per sq. ft.:$50.53
- Tax amount:$996 (2025)
New listings near 1223 Lagonda Avenue
- New
$189,000Active2 beds 2 baths1,252 sq. ft.4936 E Brannan Drive, Springfield, OH 45502
MLS# 1046341Listed by: ROOST REAL ESTATE CO. - Open Sun, 1 to 2pm
$129,000Pending3 beds 1 baths936 sq. ft.1562 Rutland Avenue, Springfield, OH 45505
MLS# 1046336Listed by: GLASSHOUSE REALTY GROUP - Open Sun, 3 to 5pmNew
$245,000Active3 beds 2 baths1,632 sq. ft.4841 W Ridgewood Road, Springfield, OH 45503
MLS# 1046337Listed by: KELLER WILLIAMS COMMUNITY PARTNERS - New
$346,900Active3 beds 3 baths1,664 sq. ft.2334 E Possum Road, Springfield, OH 45502
MLS# 1046326Listed by: GATHERING PLACE REALTY - New
$230,000Active2 beds 2 baths1,341 sq. ft.858 Trent Close, Springfield, OH 45503
MLS# 1046332Listed by: REAL ESTATE II, INC. - Open Sun, 12:30 to 2pmNew
$215,000Active3 beds 1 baths1,165 sq. ft.473 W County Line Road, Springfield, OH 45502
MLS# 1046318Listed by: GALLERY HOMES REAL ESTATE, LLC - Open Sun, 3 to 5pmNew
$245,000Active3 beds 2 baths1,632 sq. ft.4841 Ridgewood Road, Springfield, OH 45503
MLS# 961584Listed by: KELLER WILLIAMS COMMUNITY PART - Open Sun, 3 to 5pmNew
$250,000Active3 beds 3 baths1,363 sq. ft.1820 Sierra Avenue, Springfield, OH 45503
MLS# 1046308Listed by: STREETLIGHT REALTY - Open Sat, 11am to 12:30pmNew
$179,900Active4 beds 2 baths1,574 sq. ft.1914 Elmsford Street, Springfield, OH 45506
MLS# 961491Listed by: GALLERY HOMES REAL ESTATE, LLC - New
$205,000Active2 beds 2 baths1,300 sq. ft.1043 Armsgate Road, Springfield, OH 45503
MLS# 1046290Listed by: GLASSHOUSE REALTY GROUP