122 Prairie Ave, Springfield, OH 45505

$40,000
3
BD
2
BA
1,292
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Sold Price
$40,000
List Price
$25,000
Closing Date
Jul 16, 2026
Year Built
1912
MLS#
1046016
Status
CLOSED
Bedrooms
3
Bathrooms
2
Half-baths
1
Living Area
1,292
Acres
0.15
Subdivision
Thomas
Township
Inside City Limits

Property Description

ONSITE PUBLIC AUCTION - Friday, June 19 at 12noon. INVESTORS DREAM...cheap rental property with long term tenants. Appraised at only $25,000 this 3 bedroom 1 bath home can be an instant cash flowing rental. Tenants paying $550 a month and would like to stay. Yearly property taxes $289. Tenants pay gas, electric, & water. Owner pays trash. Yes, house will need some updates down the road but worry about that after you've collected rent for awhile. House will be open 1 hour prior to auction. Terms - 10% of the purchase price required at close of auction, balance upon delivery of deed within 40 days. Taxes prorated to day of closing. Possession subject to tenants rights. Real estate has been appraised at $25,000 and sells to the highest bidder subject to confirmation of sellers.

Additional Information

Heating
Forced Air, Natural Gas
School District
1206 Springfield CSD

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Mumma Realty and Auctioneers. Selling Office: Mumma Realty and Auctioneers.