Springfield Multifamily Investment
409 S Fountain Avenue, Springfield, OH 45506
New
MULTI_FAMILY - Springfield, OH
Property size:
5,802 SFLot size:
0.18 AcresPrice / SF:
$59/SF- Added:
- May 20, 2026
- Days on Market:
- 2
- Last Refresh:
- May 21 at 6:06 am
Property Features for 409 S Fountain Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 10
- Bathrooms
- 5
- Rooms
- Bedroom 7, Bathroom 4, Bedroom 3, Bedroom 10, Bedroom 4, Bathroom 2, Bedroom 5, Bedroom 8, Bedroom 1, Bathroom 3, Bedroom 2, Bathroom 5, Bathroom 1, Bedroom 9, Bedroom 6
- Parking features
- Garage
- Basement
- Full
- Standard status
- Active
- APN
- 3400700034129008
- Size
- 5,802 SF
- Lot size
- 0.18 Acres
Taxes and HOA fees
- Tax Year
- 2025
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas
- Cooling system
- Central Air
Building Details
- Year built
- 1910
- Floors in Building
- 2
- Number of units
- 5
- Building materials
- Brick
Listing agent Sunny R Dhingra (937) 308-1122
Listing office Always Sunny Realty, LLC 1219 W First St., Springfield, OH (937) 308-1122
Listing date May 20, 2026
MLS# 1045790
Listing URL
Copyright © 2026 West Metro Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Strong income potential with $4,625 monthly rental income starting July 1st.
- Prime location near Springfield's up‑and‑coming downtown district, offering convenient access to dining, shopping, and entertainment.
- Includes a 4‑unit building and an additional single‑family house, totaling 5 rental units.
- All units feature 2 bedrooms and 1 bathroom, providing consistent rental appeal.
- Solid brick construction for durability and low maintenance.
- Opportunity for future rental income increases and added investment upside.
Overview
This investment opportunity is located in the heart of Springfield. The property features an all-brick, four-unit building along with an additional single-family house at the rear of the lot. Each of the five units includes two bedrooms and one bathroom. The property is situated steps from Springfield's downtown district, offering proximity to dining, shopping, entertainment, and ongoing development. The property is intended as an income-producing asset. Beginning July 1st, the total monthly rental income will be $4,625, with potential for future increases. The lot size is 0.18 acres. The property size is 5802 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Springfield
- County
- Clark
- State
- Ohio
- Longitude
- -83.811
- Latitude
- 39.919459
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Five units near downtown Springfield with income potential.
Where is this apartment building located?
The property is located at 409 S Fountain Avenue Springfield, OH.
What is the asking price?
The asking price for this property is $345,000.
What are key features of this property?
This property features: Strong income potential with **$4,625 monthly rental income** starting July 1st.; Prime location near Springfield's up‑and‑coming downtown district, offering convenient access to dining, shopping, and entertainment.; Includes a 4‑unit building and an additional single‑family house, totaling 5 rental units.
