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Four-Unit Quadplex
New
For Sale
$349,900

2408-2414 Red Coach Dr, Springfield, OH 45503

Two units are occupied, with shopping, dining, groceries, and major highway access nearby.

Property Size2,874 SF
Price / SF$121.75
Days on Market4

Property Features for 2408-2414 Red Coach Dr

General Information

Standard status Active
Size 2,874 SF
Property subtype Multi-Family

Additional Details

Highway Access Yes
Multifamily Units 4

Building Details

Year Built 1971
Listing Agency: Brian Thompson, Howard Hanna Real Estate Svcs
Listed By: The Daniel Team
Source: Newdirectionsrealtyltd
Added: Sep 1 Changed: Sep 3 Last Checked: Sep 2 at 5:08PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Brian Thompson, Howard Hanna Real Estate Svcs

Investment Insights

Based on property information with market context.

This quadplex contains four residential units, with two currently occupied. The property was built in 1971 and measures 2,874 in property size as provided. Current occupancy provides an established operating component while the remaining units offer additional leasing capacity.

Located at 2408-2414 Red Coach Dr in Springfield, the property is near shopping, restaurants, grocery options, and major highway access. Its setting connects residents with everyday services and regional transportation routes.

Key Highlights

  • Four‑unit multifamily property with two units currently occupied
  • Built in 1971
  • 2,874 property size as provided

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Auto Repair Shop HVAC Service Electrical Service Big Box & Wholesale Store (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

415
Businesses Nearby

Demographics for 45503, OH

32,870
Population
15,458
Households
2.1
Avg Household Size
44
Median Age
17%
College-Educated
89%
High-School Grad
17.5 sq mi
ZIP Area
1,878
Density / Sq Mi
$54,561
Median Household Income
$36,761
Median Earnings
$871
Median Rent
$153,100
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Two units are occupied, with shopping, dining, groceries, and major highway access nearby.
Where is this quadplex located?
The property is located at 2408-2414 Red Coach Dr Springfield, OH.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: Four‑unit multifamily property with two units currently occupied; Built in 1971; 2,874 property size as provided
More about this property
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