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 L Fulk • Real Estate II Inc.
    P: (937)-360-6862 C: (937)-360-6862 fulkboth@hotmail.com

Property Details for 1701 Lexington Avenue

Subdivision Name
Brain
Zoning
Multiple
Zoning Description
Multiple
LISTING UPDATED: 06/08/2026 12:12 PM

Property Details for 1701 Lexington Avenue

StatusActive
MLS #921811
Days on Market606
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1891
Lot Size0.17 AC / 7,501 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

Stories2Residences3Year Built1891Building Size-Lot Size0.17 AC / 7,501 SF

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$3,438 per month

30 year fixed, 6.36% Interest

Principal and Interest

$3,438

Property Taxes

$0

HOA Dues

$0

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Property Information for 1701 Lexington Avenue

Summary
Location and General Information
  • Latitude: 39.917405
  • Longitude: -83.78408902
Taxes and HOA
  • Parcel Number: 3400700028222001
  • Tax Legal Description: BRAIN ALL 4693
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: 0.1722
  • Lot Size Area: 7501.0
  • Lot Size Dimensions: 50x150
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 7501.0
  • Lot Size Units: Square Feet
Property and Assessments
  • Building Area Total: 6468.0
  • Living Area: 6468.0
  • Living Area Source: Assessor
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Year Built: 1891
Building Features
  • Construction Materials: Aluminum Siding
  • Number Of Buildings: 1
Utilities
  • Utilities: Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Total Stories: 2
Interior Features
  • Appliances: Dryer, Washer, Gas Water Heater
  • Basement: Partial, Unfinished
  • Has Basement: Yes
  • Full Bathrooms: 3
  • Total Integer Bathrooms: 3
  • Total Bedrooms: 4
  • Cooling: Central Air
  • Has Cooling: Yes
  • Heating: Forced Air, Natural Gas
  • Has Heating: Yes
Multi Family
Multi Family Information
  • Number Of Units Total: 3
  • Unit Type: 1 Bedroom, 2 Bedroom
Income & Expenses
  • Gross Income: $7,687
Rental
Rent Information
  • Lease Considered: No

Property History for 1701 Lexington Avenue

DateEvent & SourcePriceAppreciation
Oct 24, 2024

Price Change

Dayton REALTORS #921811

$690,000—
Oct 14, 2024

Listed (Active)

Dayton REALTORS #921811

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

Price Change

Dayton REALTORS #921811

$690,000
10/14/2024

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 14, 2024 by Real Estate II Inc., it's currently listed at $690,000. 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.

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