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Downtown Duplex Property
For Sale
$275,000

40 S Main Street, Springboro, OH 45066

Built in 1837, the property has two operating units near downtown shops, restaurants, and entertainment.

Property SizeContact for details
Days on Market94

Property Features for 40 S Main Street

General Information

Standard status Active
Property subtype Multi-Family

Additional Details

Asking Price $300,000
Multifamily Units 2

Amenities

Forced Air
Shingle

Building Details

Year Built 1837
Listing Agency: Coldwell Banker Heritage
Listed By: Kal Mughrabi · License #0000360336
Source: Kw
Added: May 29 Changed: Aug 29 Last Checked: Aug 29 at 2:55PM

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 Coldwell Banker Heritage

Investment Insights

Based on property information with market context.

Built in 1837, this property is currently arranged for multifamily use with two functioning units. The building has forced-air heating and a shingle exterior. It previously operated as a hotel, providing additional historical context for the existing improvements.

The property is located at 40 S Main Street in Springboro’s downtown district, near shops, restaurants, entertainment, and other downtown amenities. The current configuration includes the potential for four additional units, subject to applicable approvals and construction requirements.

Key Highlights

  • Two functioning multifamily units
  • Potential for four additional units
  • Built in 1837

Property Analytics

Current Use

Anderson Funeral Home Social Service Agency

Suggested Use

Top Pick Electrical Service Big Box & Wholesale Store Bakery Auto Repair Shop Auto Parts 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

2
Residential units

Location Intelligence

Trade Area within ½ mile

631
Businesses Nearby

Demographics for 45066, OH

26,399
Population
9,747
Households
2.7
Avg Household Size
40
Median Age
57%
College-Educated
98%
High-School Grad
20.4 sq mi
ZIP Area
1,294
Density / Sq Mi
$122,208
Median Household Income
$64,298
Median Earnings
$1,387
Median Rent
$362,500
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?
Duplex - Built in 1837, the property has two operating units near downtown shops, restaurants, and entertainment.
Where is this duplex located?
The property is located at 40 S Main Street Springboro, OH.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Two functioning multifamily units; Potential for four additional units; Built in 1837
More about this property
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