1701 Lexington Avenue

Springfield, OH 45505

$690,000
Price
4
Beds
6,468 Sq. Ft.
$107 / Sq. Ft.
6,468
Sq. Ft.
$107
per Sq. Ft.
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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...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!
  1. Listed by Alva Fulk • Brokerage DRE #0000271773 • Real Estate II, Inc.
    P: (937)-390-3119 fulkboth@hotmail.com
  2. Listed by Lori Fulk • Brokerage DRE #0000271773 • Real Estate II, Inc.
    P: (937)-390-3119 fulkboth@fulkhomebase.com

Property Details for 1701 Lexington Avenue

Architectural Style
Neoclassical
Subdivision Name
Brain All
Zoning Description
Commercial, Multiple
LISTING UPDATED: 06/08/2026 12:08 PM

Property Details for 1701 Lexington Avenue

StatusActive
MLS #1034977
Days on Market633
Taxes$2,570 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income
Year Built1891
Lot Size0.17 AC / 7,500 SF
CountyClark County
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Location

Listing Courtesy of Real Estate II, Inc.
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Building Information for 1701 Lexington Avenue

Stories-Residences3Year Built1891Building Size-Lot Size0.17 AC / 7,500 SF

Payment Calculator

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$3,653 per month

30 year fixed, 6.36% Interest

Principal and Interest

$3,438

Property Taxes

$214

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 1701 Lexington Avenue

Summary
Location and General Information
  • Directions: Corner of Lexington & Ludlow
  • High School District: 1206 Springfield CSD
  • MLS Area Major: 013 S OF MAIN / E OF LIMESTONE
  • MLS Area Minor: 013 S OF MAIN / E OF LIMESTONE
  • Township: Inside City Limits
Taxes and HOA
  • Parcel Number: 340070002822200100
  • Semi Annual Tax: $1,285.00
  • Tax Year: 2025
Parking
  • Has Attached Garage: No
  • Has Garage: No
  • Parking Features: No Garage
Virtual Tour
Property
Lot Information
  • Building Area Total: 6468.0
  • Lot Features: Residential Lot
  • Lot Size Acres: 0.1722
  • Lot Size Area: 7501.0
  • Lot Size Dimensions: 50x150
  • Lot Size Square Feet: 7501.0
  • Lot Size Units: Square Feet
Property and Assessments
  • Construction Materials: Aluminum Siding
  • Auction: No
  • Manufactured Home: No
  • SpecialSpecial Features: Bath 1st Floor
  • Water Source: Supplied Water
  • Year Built: 1891
Building Features
  • Foundation Details: Cellar
  • Levels: Two
  • Structure Type: Business, Other
Taxes and HOA
  • Condo Lot: No
  • HOACOA: No
Utilities
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected, Sewer Connected
Interior and Exterior Features
Interior Features
  • Appliances: Dryer, Gas Water Heater, Washer
  • Basement: Partial, Unfinished
  • Bathrooms Full: 3
  • Bathrooms Total Decimal: 3.0
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 4
  • Cooling: Central Air
  • Has Cooling: Yes
  • Heating: Forced Air, Natural Gas
  • Has Heating: Yes
  • Interior Features: Attic
  • Window Features: Partial Window Coverings
Multi Family
Multi Family Information
  • Number Of Units Total: 3
  • Units Rooms : 1 Bedroom: 2
  • Units Rooms : 2 Bedrooms: 1.0
Income & Expenses
  • Units Rooms : Gross Monthly Rent: $7,687.00
Unit Information
Unit 1
  • Bedrooms: 1
  • Full Baths: 1
  • Garage Attached: No
  • Monthly Rent: $600.00
  • Occupied: Yes
Unit 2
  • Bedrooms: 2
  • Full Baths: 1
  • Garage Attached: No
  • Monthly Rent: $850.00
  • Occupied: Yes
Unit 3
  • Bedrooms: 1
  • Full Baths: 1
  • Garage Attached: No
  • Monthly Rent: $600.00
  • Occupied: Yes
Rental
Rent Information
  • Occupant Type: Tenant

Property History for 1701 Lexington Avenue

DateEvent & SourcePriceAppreciation
Oct 24, 2024

Price Change

Dayton REALTORS #921811

$690,000—
Oct 24, 2024

Price Change

Western Regional Information Systems & Technology #1034977

$690,000—
Oct 14, 2024

Listed (Active)

Dayton REALTORS #921811

$700,000—
DateEvent & SourcePrice
10/24/2024

Price Change

Dayton REALTORS #921811

$690,000
10/24/2024

Price Change

Western Regional Information Systems & Technology #1034977

$690,000
10/14/2024

Listed (Active)

Dayton REALTORS #921811

$700,000

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

Schools near 1701 Lexington Avenue

This home is within Springfield City School District.
Rating
School
Type
Grades
Distance
Mann Elementary School
Public - K to 6
Schaefer Middle School
Public - 7 to 8
Springfield High School
Public - 9 to 12
Springfield School of Innovation
Public - 9 to 12
Rating
School
Distance
Mann 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.

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More information about 1701 Lexington Avenue, Springfield, OH 45505

1701 Lexington Avenue is a multi-family home for sale in Springfield, OH 45505. This property was listed for sale on October 12, 2024 by Real Estate II, Inc., it's currently listed at $690,000. It has been on the market for a total of 633 days and was last sold on February 26, 2021. This listing's school district is Springfield City School District. Nearby schools include Mann Elementary School, Schaefer Middle School and Springfield High School. 1701 Lexington Avenue is a 4-bed, 3-bath, 6,468 sqft multi-family home built in 1891.

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 Real Estate II, Inc.

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.