1223 Lagonda Avenue

2,373 Sq. Ft.
$51 / Sq. Ft.
2,373
Sq. Ft.
$51
per Sq. Ft.

Description

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....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.
  1. Listed by Priscilla L McNamee • Brokerage DRE #2014000032 • Roost Real Estate Co
    P: (937)-605-1094 C: (937)-605-1094 priscilla@roostrealestateco.com

Property Details for 1223 Lagonda Avenue

Subdivision Name
Warder
Has Waterfront
No
Zoning
Residential
Zoning Description
Residential
LISTING UPDATED: 06/11/2026 08:32 PM

Property Details for 1223 Lagonda Avenue

StatusActive
MLS #960000
Days on Market26
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1920
Lot Size0.06 AC / 2,829 SF
CountyClark County

Location

Listing Courtesy of Roost Real Estate Co
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Building Information for 1223 Lagonda Avenue

Stories2Residences3Year Built1920Building Size-Lot Size0.06 AC / 2,829 SF

Payment Calculator

$667 per month

30 year fixed, 6.36% Interest

Principal and Interest

$597

Property Taxes

$70

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 1223 Lagonda Avenue

Summary
Location and General Information
  • Latitude: 39.930179
  • Longitude: -83.789474
Taxes and HOA
  • Parcel Number: 3400700029306010
  • Tax Legal Description: WARDER N E PT 2410
School Information
  • Elementary School District: Springfield
  • High School District: Springfield
  • Middle Or Junior School District: Springfield
Parking
  • Garage: No
  • Parking Features: No Garage
Property
Lot Information
  • Lot Size Acres: 0.0649
  • Lot Size Area: 2829.0
  • Lot Size Dimensions: .0649 acres
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 2829.0
  • Lot Size Units: Square Feet
Property and Assessments
  • Building Area Total: 2373.0
  • Living Area: 2373.0
  • Living Area Source: Assessor
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Year Built: 1920
Building Features
  • Construction Materials: Vinyl Siding
  • Number Of Buildings: 1
Interior and Exterior Features
Exterior Features
  • Total Stories: 2
Interior Features
  • Basement: Crawl Space, Partial, Unfinished
  • Has Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Integer Bathrooms: 3
  • Total Bedrooms: 4
  • Has Cooling: No
  • Heating: Forced Air, Natural Gas
  • Has Heating: Yes
  • Window Features: Insulated Windows
Multi Family
Multi Family Information
  • Number Of Units Total: 3
  • Unit Type: Efficiency, 1 Bedroom, 2 Bedroom
Income & Expenses
  • Gross Income: $1,000
  • Net Operating Income: $800
Rental
Rent Information
  • Lease Amount: $1,000.00
  • Lease Considered: No

Property History for 1223 Lagonda Avenue

DateEvent & SourcePriceAppreciation
May 25, 2026

Listed (Active)

Dayton REALTORS #960000

$119,900
May 6, 2026

Price Change

Western Regional Information Systems & Technology #1043773

$119,900
Feb 14, 2026

Listed (Active)

Western Regional Information Systems & Technology #1043773

$157,500
DateEvent & SourcePrice
05/25/2026

Listed (Active)

Dayton REALTORS #960000

$119,900
05/06/2026

Price Change

Western Regional Information Systems & Technology #1043773

$119,900
02/14/2026

Listed (Active)

Western Regional Information Systems & Technology #1043773

$157,500

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1223 Lagonda Avenue

Taxable ValueLand$1,880Additions$20,490Total$22,370
Tax Record2024$841 ($70 / month)
Home Facts
Beds2Baths1.5Total Finished SqFt2,373 SqFtAbove Grade Finished SqFt2,373 SqFtUnfinished Basement SqFt293 SqFtStories2Lot Size2,827 SqFtStyleSingle Family ResidenceYear Built1920CountyCLARKAPN340-07-00029-306-010

Schools near 1223 Lagonda Avenue

This home is within Springfield City School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Lagonda Elementary School
PublicK to 6

Schaefer Middle School
Public7 to 8

Springfield High School
Public9 to 12

Springfield School of Innovation
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

1223 Lagonda Avenue is a multi-family home for sale in Springfield, OH 45503. This property was listed for sale on May 25, 2026 by Roost Real Estate Co, it's currently listed at $119,900. This listing's school district is Springfield City School District. Nearby schools include Lagonda Elementary School, Schaefer Middle School and Springfield High School. 1223 Lagonda Avenue is a 4-bed, 3-bath, 2,373 sqft multi-family home built in 1920.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Roost Real Estate Co

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