1223 Lagonda Avenue, Springfield, OH 45503
1223 Lagonda Avenue, Springfield, OH 45503
1223 Lagonda Avenue, Springfield, OH 45503
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The Woodrow Group At Realistar

The Woodrow Group At Realistar

+1(614) 696-8946
Listed by Priscilla L. McNamee Roost Real Estate Co.
$119,900
Est. payment /mo
3 Beds
2.5 Baths
2,373 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,373 sqft

Price per Sqft $50

Subdivision Warder

MLS Listing ID 1043773

Bedrooms 3

Full Baths 2

Half Baths 1

Year Built 1920

Tax Year 2025

Lot Size 2,613 Sqft

Lot Dimensions 0.06

Source Western Regional Information Systems & Technology (WRIST)

Property Description

Value-add opportunity with multiple income possibilities on this two-parcel property located at the corner of Lagonda and Farlow. Included in the sale is an additional parcel at 0 Farlow currently used for off-street parking.
The upper unit is leased to a long-term tenant at $600 per month, providing immediate income. The main level offers significant upside and flexibility. Currently configured with a front office area and a one-bedroom apartment, the layout can be easily reimagined due to minimal interior structural constraints.
The main level presents several options for the next owner:
• Convert to a larger single unit with expanded living space
• Reconfigure into a 2-3 bedroom unit
• Explore the potential to create multiple rental units (buyer to verify zoning and use)
Previously operated as a neighborhood pub, the space offers an open footprint that is difficult to find in similar properties, making it ideal for redevelopment or repositioning.
Additional improvements include updated electric panels, replacement windows, siding, and a complete tear-off roof in 2004. Gas is currently on one meter, with owner covering gas, water, sewer, and trash.
With an existing tenant, additional parcel for parking, and a highly flexible main level ready for improvement, this property offers a strong opportunity for an investor to increase value and maximize returns.

Location

State OH

County Clark

Community Warder

Area 0.06

Zoning Residential

Direction Lagonda to address. On the corner of Farlow and Lagonda.

Rooms

Basement Partial, Crawl Space

Interior

Heating Forced Air, Natural Gas, Space Heater

Cooling Window Unit(s)

Flooring Carpet, Laminate, Vinyl

Heat Source Forced Air, Natural Gas, Space Heater

Exterior

Exterior Feature Vinyl Siding

Parking Features No Garage

Utilities Available Separate Meters, Sewer Connected, Natural Gas Connected

Building

Lot Description Residential Lot

Story Two

Foundation Stone

Sewer Public Sewer

Water Supplied Water

Level or Stories Two

Schools

High Schools 1206 Springfield Csd

School District 1206 Springfield Csd

Others

Tax ID 3400700029306010

Ownership Occupant

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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The Woodrow Group At Realistar

The Woodrow Group At Realistar

+1(614) 696-8946

Broker | License ID: 658008071

Broker License ID: 658008071

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