$115,300
- 6 Beds
- 4 Baths
- 2,636 sqft
351 Ludlow Ave, Springfield, OH 45505
Est. Refi. Payment $795/mo*
Refinance Your HomeCurrently Off Market - Sold Aug 29, 2023 for $32,000
Home Value
Trulia Estimate
$115KSince last month
Increased$3K (+2.5%)Since last year
Decreased$19K (-12.5%)Since last sale
Increased$100K (+310.9%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +361% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $132K |
| August 2026 | $115K |
| July 2026 | $128K |
| June 2026 | $126K |
| May 2026 | $130K |
| April 2026 | $136K |
| March 2026 | $133K |
| February 2026 | $131K |
| January 2026 | $130K |
2025 | |
2024 | |
2023 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.12 | Multi-Family Home | $70,000 | 03/31/26 | 4 | 2 | 1,800 | |
0.48 | Multi-Family Home | $125,000 | 04/14/26 | 6 | 2.5 | 3,274 | |
0.28 | Multi-Family Home | $140,000 | 12/01/25 | 4 | 2 | 1,956 | |
0.36 | Multi-Family Home | $70,000 | 07/14/26 | 3 | 2 | 1,360 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.05 | $225,200 | 3 | 2 | 1,914 | Off Market | |
0.04 | $242,900 | 4 | 2 | 1,692 | For Sale | |
0.04 | $251,300 | 4 | 2.5 | 1,864 | Off Market | |
0.06 | $175,100 | 3 | 2 | 1,304 | Off Market | |
0.08 | $690,000 | 4 | 3 | 6,468 | For Sale | |
0.07 | - | - | - | - | Off Market | |
0.11 | $112,400 | 2 | 1 | 1,142 | Off Market | |
0.10 | $51,500 | 2 | 1 | 964 | Recently Sold | |
0.06 | $154,900 | 3 | 1 | 1,220 | For Sale | |
0.05 | $179,900 | 4 | 1.5 | 2,477 | For Sale | |
0.12 | $153,300 | 3 | 1 | 1,648 | Off Market |
Local Information
-- mins to
Home Highlights
Multi-Family
Built in 1900
2,636 sqft
$44/sqft
About this House
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.
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.
351 Ludlow Ave, Springfield, OH 45505 is a 6 bedroom, 4 bathroom, 2,636 sqft multi-family built in 1900. It last sold for $32,000 on Aug 29, 2023 (9% below the $35,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $115,300, with a rent estimate of $1,126/month.
Last check for updates: about 3 hours ago
Listed by Leslie Wade
Coldwell Banker Heritage
Bought with: Olivia Ojeda Herrera, (937) 342-9995, Lagonda Creek Real Estate, LLC
Source: WRIST, MLS#1026084

Home Details for 351 Ludlow Ave
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MLS Status: Closed |
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Interior Details Basement: Full,Unfinished |
Beds & Baths Number of Bedrooms: 6Number of Bathrooms: 4Number of Bathrooms (full): 4 |
Dimensions and Layout Living Area: 2636 Square Feet |
Appliances & Utilities Utilities: Natural Gas Connected, Sewer Connected |
Heating & Cooling Heating: Forced AirHas CoolingAir Conditioning: Wall Unit(s)Has HeatingHeating Fuel: Forced Air |
Fireplace & Spa No Fireplace |
Levels, Entrance, & Accessibility Stories: 2Levels: Two |
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Exterior Home Features Patio / Porch: PorchFoundation: Block |
Parking & Garage No CarportNo Attached Garage |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
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Year Built Year Built: 1900 |
Property Type / Style Property Type: Multi FamilyProperty Subtype: TriplexStructure Type: TriplexArchitecture: Old World |
Building Construction Materials: Asbestos |
Property Information Parcel Number: 3400700028213016 |
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Price List Price: $35,000 |
Status Change & Dates Off Market Date: Tue Aug 29 2023Possession Timing: Close Of Escrow |
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Direction & Address City: SpringfieldCommunity: Ludlow Add |
School Information High School District: 1206 Springfield CSD |
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Building Area Building Area: 2636 Square Feet |
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Lot Area: 4791.6 sqft |
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Listing Terms: Cash |
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BasementMls Number: 1026084 |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Feb 15, 2024 Source: Coldwell Banker Heritage Realtors #1026084 | ListingRemoved | |
Jan 5, 2024 Source: Coldwell Banker Heritage Realtors #1026084 | Listed For Sale | $35,000 |
Aug 29, 2023 Source: WRIST #1026084 | Sold | $32,000 |
Jun 25, 2023 Source: WRIST #1026084 | Pending | $35,000 |
Jun 25, 2023 Source: WRIST #1026084 | Listed For Sale | $35,000 |
Jan 18, 2019 Source: WRIST #423803 | Sold | $10,500 |
Dec 28, 2018 Source: Agent Provided | Pending | $12,900 |
Nov 23, 2018 Source: Agent Provided | Listed For Sale | $12,900 |
Market trends in Springfield
Last updated August 2026
Avg. sale price
$182K
$7KMoM
Sale-to-List Price
99.7%
Price per sq ft
$146
$5MoM
Available listings
317
8MoM
Around this home
What Locals Say about Springfield
At least 586 Trulia users voted on each feature.
86 % Say car is needed
81 % Say yards are well-kept
80 % Say there are sidewalks
77 % Say parking is easy
72 % Say it's dog friendly
69 % Say there's holiday spirit
67 % Say kids play outside
52 % Say streets are well-lit
51 % Say neighbors are friendly
51 % Say there's wildlife
49 % Say people would walk alone at night
45 % Say it's quiet
43 % Say it's walkable to grocery stores
41 % Say it's walkable to restaurants
40 % Say they plan to stay for at least 5 years
21 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections

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.
Frequently asked questions about 351 Ludlow Ave
- What is 351 Ludlow Ave estimated to be worth?Trulia's estimated value for 351 Ludlow Ave in Springfield, OH is $115,300.
- What is the price history for 351 Ludlow Ave?351 Ludlow Ave in Springfield, OH last sold for $32,000 in August 2023.
- Is Springfield a buyer's or seller's market?Springfield is currently a balanced market, based on recent for-sale activity.
- What's the median sale price in Springfield?The median sale price in Springfield is $182K. That is up $7K from the prior month.
- Does 351 Ludlow Ave have air conditioning?Yes, 351 Ludlow Ave in Springfield, OH has air conditioning.
- Is there a virtual tour of 351 Ludlow Ave?Yes, a virtual tour of 351 Ludlow Ave in Springfield, OH is available.

