7 W Mulberry StreetSpringfield, OH 45506

7 W Mulberry StreetSpringfield, OH 45506

1/39 Fullscreen
$89,900 Active
Multi Unit - Multiple MLS 1045983
3 beds 3 full baths 2,185 sqft
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Listed By

Agency Name: Coldwell Banker Heritage
Agent Name: Arthur Solomon
Agency Phone: (937) 322-0352

Shown By

Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575

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Property Description

3 UNIT PROPERTY. LIVE IN 1 SIDE AND RENT THE OTHER 2 UNITS AND LIVE RENT FREE. 1 BEDROOM UNIT CAN RENT FOR $750-900, 2ND 1 BEDROOM UNIT $750-$900 AND THE 2 BEDROOM UNIT $950-1100 / MO. Investment opportunity in Springfield! This triplex at 7-11 W. Mulberry St. offers a great addition to any investors portfolio. The property features three units, including two 1-bedroom units and one studio apartment. This is a great opportunity to house hack and live in 1 unit and have your mortgage paid for by the other 2 units. Units 7 and 9 and vacant and rent ready. Unit 11 is remodeled and is in rental condition. Recent improvements include fresh paint, new LVP flooring, updates to a bathroom and kitchen, and several newer windows. Unit 7 has recently been painted, and Unit 11 has received new flooring and interior updates.Whether youre looking to expand your rental portfolio or explore the opportunity to occupy one unit while generating income from the others, this property offers excellent potential. Conveniently located near downtown Springfield, shopping, dining, and major roadways.Property information and room counts are believed to be accurate but should be independently verified by buyers

7 W Mulberry Street | MLS# 1045983

This multi-family property located at 7 W Mulberry Street, Springfield, OH 45506 is currently listed for sale with an asking price of $89,900. W Mulberry Street is located within the Springfield school district. Search Springfield real estate on 10352jeromeroad.cutlerhomes.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Crawl Space
Days on Market: 63
Garage: No Garage
Heating: Forced Air, Natural Gas
Lot Size: 0.14 Acres
Taxes: $820
Year Built: 1861

Feature Descriptions

Exterior: Vinyl Siding
Lot Dimensions: irregular
Parcel ID: 3400700034129006
Sewer: Public Sewer
Water: Supplied Water

Local Schools

School District: Springfield

Demographics

Clark County Demographic Information for 7 W Mulberry Street, Springfield, OH 45506
Fips
Fips Code 39023
Population
2020 to 2025 Change down 0.5%
2010 Count 138,333
2020 Count 136,001
2025 Estimate (V2025) 135,340
2020 Estimate (V2025) 135,971
Age Distribution (Years Old)
0 to 4 5.8%
5 to 17 22.1%
18 to 64 50.8%
65 and Older 21.3%
Gender
Male 49.1%
Female 50.9%
Place of Birth
Foreign 2.6%
US 97.4%
Education
High School Graduate, Age 25+ 89.0%
Bachelor's Degree or Higher, Age 25+ 20.2%
Computer and Internet use
Households with a computer 94.4%
Households with a broadband Internet subscription 90.4%
Language
English is Second Language, Age 5+ 4.2%
English is First Language, Age 5+ 95.8%
Veterans
Veterans 9,204
Income
Per Capita Income $33,791
Median Household Income $63,132
People in Poverty 14.1%
Commute
Average Work Commute Time 24 minutes
Housing
Total Housing Units 61,154
Households 55,975
Average Household Size 2.37
Owner-Occupied 69.4%
Multi-Family 15.5%
Owner-Occupied Median Value $169,900
Median selected monthly owner costs -with a mortgage $1,262
Median selected monthly owner costs -without a mortgage $523
Median gross rent $872
Building Permits
New Private Housing Issued 2024 232
Years at Residence
1 Year or More 88.1%
Less Than 1 Year 11.9%
Business and Employment
Private non-farm Establishments 2,196
Private non-farm Employment 42,831
Private non-farm Employment Growth down 3.2%
Nonemployer Establishments 7,662
Number of Firms 1,640
Business Production
Value of Shipments $2,405,696,000
Wholesale Trade $1,808,100,000
Retail Trade $1,411,399,000
Retail Sales Per Capita $11,235
Accommodation and Food Services $207,893,000
Land
Land Area 397.47 sq. miles
Population Per Square Mile 348

Source: US Census Bureau

Estimate Your Payment

Estimated Payment

$ 555.07 per month $460.51 Principal & Interest $68.33 Property Tax $26.22 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)
Croos Country Mortgage
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