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1701 Lexington Avenue, Springfield, OH 45505

$690,000
  • 1701 Lexington Avenue, Springfield, OH 45505 Main Photo

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New to the Market Active
BEDS4 BATHS3 full SQUARE FEET6,468 MLS#921811
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLSpringfield

Property Description

This newly renovated & re-imagined duplex in the heart of the Brain All subdivision is a prime opportunity for the next business-minded buyer! Located in an area known for its rich entrepreneurial heritage, this corner property has been transformed into a Self-Care Beauty Multi-Plex, offering a perfect blend of modern convenience & historic charm. This unique business complex is a HUGE money maker with weekly cash-flow! *Weekly Cash Flow: 4 Fridays-$5637 or 5 Fridays-$6425 (Current rates with 1 suite vacancy) The main level features 9 fully equipped salon suites, complete w/ shampoo bowls, stylish suits & ample lighting. Designed w/ contemporary hard surface flooring, white trim, & sleek doors, the interior creates a fresh, professional atmosphere. All suites are rented on a weekly basis, w/ just one currently available for a new tenant. The average suite size is 9x11 with 2 larger suites measuring 11x11.This level also offers 2 handicap accessible bathrooms plus a BIG entry waiting space. There's even an office suite; 11x11 w/ a private entry. For added convenience, a 9x10 community laundry/washroom is available for suite owners, making daily operations smooth & hassle-free. The property boasts a low 5% vacancy rate, proving its strong rental history. *Upper Level Income: Monthly=$2050 On the upper level (with outside entry) houses 3 fully rented apartments. 1 unit offers 2 bedrooms, 1 bath, kitchen & living room. These units have new cabinetry, hard surface flooring and same neutral interior paint.The stairway leads to the common area used for communal laundry facilities. These apartments are a great source of additional steady income. There is off street parking available behind building. Graveled lot. Back door exit accessible. Significant improvements including: new flooring in all units, updated plumbing, New flat roof. New HVAC system ensuring that this property is in move-in condition; turn-key business operation & equipped for the future!

1701 Lexington Avenue | MLS# 921811

This multi-family property located at 1701 Lexington Avenue, Springfield, OH 45505 is currently listed for sale with an asking price of $690,000. Lexington Avenue is located within the Springfield school district. Search Springfield real estate on www.keytohomepropertygroup.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Cooling: Central
Heating: Forced Air, Natural Gas
Lot Size: 0.17 Acres
Taxes: $3,312
Year Built: 1891

Feature Descriptions

Appliance Features: Dryer, Washer
Basement Features: Partial, Unfinished
Days on Site: 1
Exterior: Aluminum
Lot Dimensions: 50x150
Utilities: City Water, Natural Gas, Sanitary Sewer

Local Schools

School District: Springfield

Listed By / Shown By

Listed By

Agency Name: Real Estate II Inc.
Agency Phone: (937) 390-3119

Shown By

Agent Name: Jay Mattlin
Agent Phone: Cell: (740) 974-4190
Agency Title: Key Realty

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Estimated Payment

$ 4,336.91 per month $3,859.66 Principal & Interest $276.00 Property Tax $201.25 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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. Information on this site was last updated 03/18/2026. The listing information on this page last changed on 03/18/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 03/18/2026 12:00:59 AM EST) or MichRic (Michigan Regional Information Center) (last updated Tue 03/17/2026 11:17:31 PM EST) or Metrolist - RECOLORADO by MLSGRID (last updated Tue 03/17/2026 11:34:29 PM EST) or NIRA MLS (last updated Tue 03/17/2026 11:04:47 PM EST) or RealComp MLS (last updated Tue 03/17/2026 11:45:34 PM EST) or Dayton MLS (last updated Tue 03/17/2026 11:46:32 PM EST) or NORIS MLS (last updated Tue 03/17/2026 11:14:12 PM EST) or IRES MLS (last updated Tue 03/17/2026 11:47:03 PM EST) or Colorado Real Estate Network IDX (last updated Tue 03/17/2026 7:05:53 PM EST) or CBRMLS (last updated Tue 03/17/2026 11:59:28 PM EST) or Multiple Listing Service of Greater Cincinnati (last updated Tue 03/17/2026 11:53:34 PM EST) or Terrehaute MLS (last updated Tue 03/17/2026 11:56:16 PM EST) or Pikes Peak REALTORR Services Corp (last updated Tue 03/17/2026 11:45:10 PM EST) or Stellar MLS (last updated Tue 03/17/2026 11:44:11 PM EST) or NKY MLS (last updated Tue 03/17/2026 11:28:19 PM EST) or Wrist MLS (last updated Tue 03/17/2026 11:24:18 PM EST) or Firelands MLS (last updated Tue 03/17/2026 11:11:30 PM EST) or LCAR MLS (last updated Tue 03/17/2026 10:50:12 AM EST) or West Central MLS (last updated Tue 03/17/2026 9:50:01 PM EST) or Fort Myers (last updated Tue 03/17/2026 11:04:36 PM EST) or Aspen/Glenwood Springs MLS (last updated Tue 03/17/2026 9:32:29 PM EST) or Northern Nevada Regional MLS (last updated Tue 03/17/2026 11:56:43 PM EST) or MLS NOW (last updated Tue 03/17/2026 11:57:29 PM EST) or Northern Great Lakes Association of Realtors (last updated Tue 03/17/2026 11:49:10 PM EST) or Mansfield MLS (last updated Tue 03/17/2026 11:47:13 PM EST) or Metropolitan Indianapolis Board of Realtors (last updated Tue 03/17/2026 11:51:13 PM EST) or Grand Junction MLS (last updated Tue 03/17/2026 11:37:10 PM EST) or Knox County MLS (last updated Tue 03/17/2026 11:08:12 PM EST) or IRMLS (last updated Tue 03/17/2026 11:11:59 PM EST) or Pueblo MLS (last updated Tue 03/17/2026 11:43:52 PM EST) or Upper Peninsula MLS (last updated Tue 03/17/2026 11:10:11 PM EST) or Greater Lansing MLS (last updated Tue 03/17/2026 10:35:21 PM EST) or SEBAR MLS (last updated Tue 03/17/2026 11:39:16 PM EST) or Water Wonderland MLS (last updated Tue 03/17/2026 10:52:37 PM EST) or Eastern Upper Peninsula MLS (last updated Tue 03/17/2026 11:59:08 PM EST) or Scioto Valley MLS (last updated Tue 03/17/2026 10:02:36 PM EST) or Northern Michigan MLS (last updated Tue 03/17/2026 9:36:09 PM EST). Real estate listings held by brokerage firms other than Key Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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