OFF MARKET

Off market aug 2023 for $32K

$134,783

Est. refi paymentEst. refi $220/mo

•

2,636

sq ft

351 Ludlow Ave, Springfield, OH 45505

About this home

Welcome to this fantastic multiplex property with great investment potential! This multiplex offers a total of four units, making it an ideal opportunity for investors seeking a cash flow property. With two spacious 2-bedroom, 1-bathroom units and two cozy 1-bedroom, 1-bathroom units, this property caters to a variety of tenants, ensuring a steady stream of rental income. While the property currently requires an overhaul, this presents an excellent opportunity for investors to add value and maximize their returns. Whether you're a seasoned investor or a savvy developer, this summer project offers the potential to transform this property into a profitable asset. Please note that this listing is available for cash buyers or those with access to construction loans, as financing options may be limited due to the property's current condition. However, the investment potential and future cash flow make this property an attractive prospect for those willing to put in the effort. Don't miss out on this exciting investment opportunity. Take advantage of the summer season and turn this multiplex into a cash flow property that will generate substantial returns for years to come. Contact us today to schedule a viewing and explore the endless potential of this multiplex gem.

Multi-familyProperty Type

1900Year Built

4,791 sq ftLot Size

$51Est. Price/Sq.Ft.

1 car garageParking

Listed by Leslie Wade • Coldwell Banker Heritage

Bought with Olivia Ojeda Herrera • Lagonda Creek Real Estate, LLC

Redfin checked: a few seconds ago

•Source:WRIST #1026084

Redfin Estimate

$134,783

$103K since sold in August 2023$15K since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 1.4% lower than the average sale price ($137K) of 6 comparable homes.

SOLD SEP 21, 2026
$150,000
A
4 beds3 baths2,334 sq ft
1615 Mound St, Springfield, OH 45505
SOLD JUN 4, 2026
$31,500
B
4 beds2 baths1,609 sq ft
1606 Highland Ave, Springfield, OH 45503
SOLD APR 14, 2026
$125,000
C
6 beds2.5 baths3,274 sq ft
1065 Mound St, Springfield, OH 45505
SOLD DEC 1, 2025
$140,000
D
4 beds2 baths1,956 sq ft
500 S Belmont Ave, Springfield, OH 45505
SOLD NOV 17, 2025
$199,000
E
4 beds2 baths1,794 sq ft
224 Glenn Ave, Springfield, OH 45505
SOLD AUG 7, 2026
$175,000
F
3 beds1.5 baths2,196 sq ft
218 Forrest Ave, Springfield, OH 45505

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Earn from this home

Refinance

Est. cash available

Get cash now or lower your monthly rate

Market trends in 45505, OH

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

97.7%

0.8% MoM

Median sale price

$149K

$5K MoM

Avg. days on market

28d

1 days MoM

Recently sold homes

1 MoM

New listings for sale

NEW 6 HRS AGO
$170,000
2 beds1 bath1,333 sq ft
3675 Calhoun Dr, Springfield, OH 45505
$134,900
3 beds1 bath816 sq ft
906 Mavor St, Springfield, OH 45505
$179,000
4 beds2.5 baths1,442 sq ft
918 Selma Rd, Springfield, OH 45505
$79,900
3 beds1 bath1,588 sq ft
1629 Lexington Ave, Springfield, OH 45505
(937) 490-6226
$169,900
3 beds2 baths1,260 sq ft
2710 May, Springfield, OH 45505
(937) 435-6000
See all

Provided by Redfin

Sale history for 351 Ludlow Ave

Date

Event

Price

WRIST #1026084

Aug 29, 2023

Sold

$32,000

$12/sq ft

Jun 25, 2023

Pending

—

Jun 23, 2023

Listed

$35,000

$13/sq ft

WRIST #423803

Jan 18, 2019

Sold

$10,500

$4/sq ft

Nov 21, 2018

Listed

$12,900

$5/sq ft

+17

Public Records

Sep 21, 1995

Sold

$56,900

$22/sq ft

Public Records

Dec 27, 1993

Sold

$50,500

$19/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$757 (−52.8%)

$2,210 + $9,920

$12,130

2024

$1,604 (−82.9%)

$1,580 + $20,150

$21,730

2023

$9,362 (+483.8%)

$1,580 + $20,150

$21,730

2022

$1,604 (+1.0%)

$1,580 + $20,150

$21,730

2021

$1,587

$1,580 + $20,150

$21,730

2020

$1,587 (−0.3%)

$1,580 + $20,150

$21,730

2019

$1,591 (+10.4%)

$1,580 + $20,150

$21,730

2018

$1,441 (−0.6%)

$1,580 + $18,050

$19,630

2017

$1,450 (−1.8%)

$1,580 + $18,050

$19,630

2016

$1,477 (−9.2%)

$1,580 + $18,050

$19,630

2014

$1,627 (+15.3%)

$1,580 + $18,050

$19,630

2013

$1,411

$1,580 + $18,050

$19,630

Tax history for 351 Ludlow Ave

Year

Property tax

Land + Additions

Assessment*

2025

$757 (−52.8%)

$2,210 + $9,920

$12,130

2024

$1,604 (−82.9%)

$1,580 + $20,150

$21,730

2023

$9,362 (+483.8%)

$1,580 + $20,150

$21,730

2022

$1,604 (+1.0%)

$1,580 + $20,150

$21,730

2021

$1,587

$1,580 + $20,150

$21,730

2020

$1,587 (−0.3%)

$1,580 + $20,150

$21,730

2019

$1,591 (+10.4%)

$1,580 + $20,150

$21,730

2018

$1,441 (−0.6%)

$1,580 + $18,050

$19,630

2017

$1,450 (−1.8%)

$1,580 + $18,050

$19,630

2016

$1,477 (−9.2%)

$1,580 + $18,050

$19,630

2014

$1,627 (+15.3%)

$1,580 + $18,050

$19,630

2013

$1,411

$1,580 + $18,050

$19,630

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

Baths

Stories

Lot width

50 ft.

Lot depth

100 ft.

Lot size

5,000 Sq. Ft.

Year renovated

—

Sq. Ft.

2,636

Year built

1900

Style

Multi-Family (5+ Unit)

County

Clark County

APN

3400700028213016

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 19, 2026.

Property details

Parking

Garage
Has Garage

Interior

Virtual Tour

Bathroom Information
Bathrooms Total Integer: 4
Bathrooms Full: 4

Heating & Cooling
Has Cooling
Cooling: Wall Unit(s)
Has Heating
Heating: Forced Air

Room Information
Basement: Full, Unfinished

Exterior

Exterior Features
# Of Units Total: 4
Year Built: 1900
Exterior Features: Porch
Water Source: Supplied Water
Structure Type: Triplex
Foundation Details: Block
Construction Materials: Asbestos

Property Type
Property Type: Multi-Family

Lot Information
Lot Size Dimensions: 50*100
Lot Size Area: 0.11
Lot Size Units: Acres
Lot Size Acres: 0.11
Lot Features: Residential Lot

Financial

Tax Information
Tax Year: 2022

Location

School
High School District: 1206 Springfield CSD

Location Information
Directions: From exit 54, merge onto N. Limestone St. Continue straight for a couple of miles, cross over the bridge passing Springfield Stem Academy School on your right. Once you reach the bridge, you will make an immediate right on High Street. Follow until you reach Ludlow Ave, make a right and go 2 blocks, 351 Ludlow is on the corner. Street parking only.
Subdivision Name: Ludlow Add

Utility Information
Sewer: Public Sewer
Utilities: Natural Gas Connected, Sewer Connected

Public facts

Beds: 6
Baths: 4.0
Sq. Ft.: 2,636
Stories: 2.0
Lot Size: 5,000 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1900
Year Renovated: —
County: Clark County
APN: 3400700028213016

Home facts updated by county records on Oct 19, 2026

Around this home

Schools

Mann Elementary School

Public K-6 • Assigned • 1.0mi

4/10

Schaefer Middle School

Public 7-8 • Assigned • 1.0mi

2/10

Springfield High School

Public 9-12 • Assigned • 2.1mi

4/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

4/10 Heat Factor

7 days above 100° expected this year, 18 days in 30 years

2/10 Wind Factor

Minor risk of severe winds over next 30 years

3/10 Air Factor

2 unhealthy days expected this year, 3 days in 30 years

Provided by First Street

Historical weather

Springfield, OH • 45505

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.2 hours in June and 3 hours in December, placing it below the U.S. average for solar exposure.

9.2 hrs

3 hrs

JuneDecember

Provided by Shadowmap

Is this your home?

Track this home’s value and nearby sales activity

Nearby similar homes

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LISTED BY REDFIN

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New listings for sale in 45505

NEW 6 HRS AGO

$170,000

2 beds1 bath1,333 sq ft

3675 Calhoun Dr, Springfield, OH 45505

$134,900

3 beds1 bath816 sq ft

906 Mavor St, Springfield, OH 45505

$179,000

4 beds2.5 baths1,442 sq ft

918 Selma Rd, Springfield, OH 45505

$79,900

3 beds1 bath1,588 sq ft

1629 Lexington Ave, Springfield, OH 45505

(937) 490-6226

$169,900

3 beds2 baths1,260 sq ft

2710 May, Springfield, OH 45505

(937) 435-6000

Home values near 351 Ludlow Ave

Data from public records.

Address	Redfin Estimate
327 Ludlow Ave, Springfield, OH 2 Beds \| 1.5 Baths \| 1320 Sq. Ft.	$108,481
311 Ludlow Ave, Springfield, OH 4 Beds \| 1.5 Baths \| 2477 Sq. Ft.	$166,829

Address	Redfin Estimate
312 Ludlow Ave, Springfield, OH 8 Beds \| 4 Baths \| 3588 Sq. Ft.	—
324 Ludlow Ave, Springfield, OH 4 Beds \| 2 Baths \| 1854 Sq. Ft.	$146,526

Address	Redfin Estimate
328 Ludlow Ave, Springfield, OH 4 Beds \| 2 Baths \| 2296 Sq. Ft.	$141,512
319 Ludlow Ave, Springfield, OH 2 Beds \| 1.5 Baths \| 1280 Sq. Ft.	$102,294

Property information provided by WRIST when last listed in 2023. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 45505, OH

Sale history for 351 Ludlow Ave

Tax history for 351 Ludlow Ave

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Is this your home?

Nearby similar homes

New listings for sale in 45505

Home values near 351 Ludlow Ave

More real estate resources