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Springfield Multifamily Investment Opportunity

409 S Fountain Avenue, Springfield, OH 45506

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For Sale

Under Contract

$345,000

MULTI_FAMILY - Springfield, OH

Property size:

5,802 SF

Lot size:

0.18 Acres

Price / SF:

$59/SF

HighLights

All‑brick 4‑unit property plus an additional single‑family house at the rear of the lot
All 5 units have 2 bedrooms and 1 bathroom
Scheduled monthly rental income of $4,725 beginning July 1
4 attached garages to the back building
Natural gas heating and central air cooling
Year built 1910 with public sewer

We can help!

Contact an agent

Sunny R Dhingra

For Sale

Under Contract

$345,000

MULTI_FAMILY - Springfield, OH

Property size:

5,802 SF

Lot size:

0.18 Acres

Price / SF:

$59/SF

Added:: May 20, 2026
Days on Market:: 47
Last Refresh:: Jul 5 at 8:06 pm

Property Features for 409 S Fountain Avenue

General Information

Property type: Residential Multi Family
Property subtype: Other
Bedrooms: 10
Bathrooms: 5
Rooms: Bedroom 7, Bedroom 10, Bathroom 2, Bedroom 1, Bathroom 4, Bedroom 9, Bedroom 5, Bedroom 6, Bedroom 4, Bedroom 3, Bathroom 3, Bathroom 1, Bathroom 5, Bedroom 2, Bedroom 8
Parking features: Garage
Basement: Full
Standard status: Active Under Contract
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

We can help!

Contact an agent

Sunny R Dhingra

Listing agent Sunny R Dhingra

Listing office Always Sunny Realty, LLC 1219 W First St., Springfield, OH

Listing date May 20, 2026

MLS# 1045790 Listing URL

HighLights

All‑brick 4‑unit property plus an additional single‑family house at the rear of the lot
All 5 units have 2 bedrooms and 1 bathroom
Scheduled monthly rental income of $4,725 beginning July 1
4 attached garages to the back building
Natural gas heating and central air cooling
Year built 1910 with public sewer

Overview

This investment property is located in the heart of Springfield and features an all-brick, four-unit building along with a single-family house at the rear of the 0.18-acre 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 has strong rental appeal and consistent income potential. Beginning July 1st, the total monthly rental income will be $4,725, with room for future increases. There are four garages attached to the back building. The property size is 5,802 square feet.

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Location Insight

Map
Local Demand

City: Springfield
County: Clark
State: Ohio
Longitude: -83.811
Latitude: 39.919459

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For sale
Apartment buildings
OH
Springfield
45506
409 S Fountain Avenue

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: All‑brick 4‑unit property plus an additional single‑family house at the rear of the lot; All 5 units have 2 bedrooms and 1 bathroom; Scheduled monthly rental income of $4,725 beginning July 1

409 S Fountain Avenue, Springfield, OH 45506

MULTI_FAMILY - Springfield, OH

Property Features for 409 S Fountain Avenue

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Commercial Building with Garage Shop

Springfield Car Wash Opportunity

Warehouse with Detached Office Outbuilding

Operating Convenience Store with Parking

Turnkey Hair Salon Storefront

Four-Unit Multifamily Investment Opportunity

Residential Income Triplex Opportunity

Duplex with Detached Garage

Fully Remodeled Duplex

Modern Commercial Building in Springfield

Fully Occupied Duplex Investment

Fully Remodeled Duplex Investment

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