2 months on rocket

Backup Offers

230 E Madison Ave, Springfield, OH, 45503

$152,500

Home List Price

$1,811*

Closing Credit

5 Bedrooms
2 Full Baths
2,190 SqFt
$70/SqFt
Multi

Location

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230 E Madison Ave, Springfield$152,500

Buyer Closing Credits

$1,811*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingDetached, Garage, One Car Garage, Parking Lot
Garage1 space
Year Built1909
HeatingNatural Gas
CoolingCentral Air
BasementYes
MLS #919936
Lot Size0.18 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 230 E Madison Ave

Fantastic investment opportunity in the heart of Springfield! This well-maintained duplex at 230 E. Madison Ave offers excellent rental potential and updated features. The lower level includes 3 spacious bedrooms, 1 bathroom, and a beautifully renovated kitchen, while the upper level features 2 bedroom and 1 bathroom, currently renting for $700 per month. The lower level is owner-occupied but could easily rent for $1,000 per month, increasing your income potential. With off-street parking for 3 vehicles, this property offers convenience and appeal for tenants. Whether youre an investor looking to expand your portfolio or a homeowner interested in generating extra income, this duplex is a must-see!

Property Details

Property Features

Property Information:

  • Year Built: 1909
  • Living Area: 2,190 SqFt

Listing Office:

  • Office Name: Coldwell Banker Heritage
  • Office Phone: (937) 748-5500
  • Listing Agent: Saunya Strickland

Interior Features

Interior Information:

  • Appliances: Cooktop, Refrigerator
  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 5

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Detached, Garage, One Car Garage, Parking Lot

Lot Features

Lot Information:

  • Lot Size: 0.18 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Take St.72 / S. Limestone St. to E. Madison Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $152,500
  • Price Per SqFt: $70/SqFt

Tax Information:

  • Annual Amount: $1,464
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Springfield, OH.

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Springfield, OH

City

Med. Sold Price

$179.9K

Med. Price/SqFt

$136

Avg. Days On Market

106

# of Sold Homes

70

230 E Madison Ave vs Springfield

65 DAYS ON ROCKET

-41 Days

$152,500

-$27.4K Less

$70/SqFt

-$67 Less

KEY TAKEAWAY

This property is $27.4K less than the Median Sold Price and $67/SqFt less than other homes in Springfield, OH.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: DAYTON
  • MLS Number: #919936

Listing Office:

  • Office Name: Coldwell Banker Heritage
  • Office Phone: (937) 748-5500
  • Listing Agent: Saunya Strickland

IDXThis information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are marked with the BR logo and detailed information about them includes the name of the listing brokers. Information Deemed Reliable But Not Guaranteed. The information included in this listing 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. Copyright © 2024 DABR MLS. All Rights Reserved
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 3:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 17, 2020Home Sold
$39,450
Jun 18, 1999Home Sold
$84,500
Aug 25, 1997Home Sold
$38,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,464$26,590
2019$1,468$26,590
2018$1,301$22,620
2017$1,300$22,620

History based on county public records data.

Payment Calculator

$829

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$524

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-339610
2
/10

  • Lagonda Elementary School

  • 800 E McCreight Ave

  • 0.56 miles

  • Public District Grades KG-6

school-card-donut-339611
5
/10

  • Snowhill Elementary School

  • 531 W Harding Rd

  • 1.07 miles

  • Public District Grades KG-6

school-card-donut-339612
4
/10

  • Kenton Elementary School

  • 731 E Home Rd

  • 1.34 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $34,167. The most common annual income of people living in Springfield, OH is less than $35k. Most families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Ohio›Clark County›Springfield›45503›230 E Madison Ave

This home is located at 230 E Madison Ave in Springfield, OH and zip code 45503. This 2,190 square foot home, which was built in 1909, sits on a 0.18 acre lot. Features: 5 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 17, 2024 and is currently priced at $152,500.

In October 2024, from all listings sold in Springfield, OH there were more than 17 sold above asking price, over 34 sold below and more than 19 were sold right at the asked price. In October 2024 in Springfield, OH there were 14.6% more homes for sale than in September 2024. While the average time on the market in October 2024 was 106 days, the median list price was $179,942.

From Rocket Homes Real Estate and based on county public records data.

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