409 S Fountain AvenueSpringfield, OH 45506

409 S Fountain AvenueSpringfield, OH 45506

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$345,000 Active
Multi Unit - Multiple MLS 1045790 New to the Market
10 beds 5 full baths 5,802 sqft
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Listed By

Agency Name: Always Sunny Realty, LLC
Agent Name: Sunny R Dhingra
Agency Phone: (937) 308-1122

Shown By

Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575

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Property Description

Investment opportunity in the heart of Springfield! This all-brick 4-unit property, along with an additional single-family house located at the rear of the lot, is now available for sale. All 5 units feature 2 bedrooms and 1 bathroom, offering strong rental appeal and consistent income potential. Beginning July 1st, total monthly rental income will be $4,625, with room for future increases and added upside for investors. Ideally situated just steps from Springfields up-and-coming downtown district, this property offers a prime location close to local dining, shopping, entertainment, and ongoing development. Whether youre looking to expand your portfolio or secure a solid income-producing asset, this property checks all the boxes with its great location and strong investment potential.48 hr notice required for all showings

409 S Fountain Avenue | MLS# 1045790

This multi-family property located at 409 S Fountain Avenue, Springfield, OH 45506 is currently listed for sale with an asking price of $345,000. S Fountain Avenue is located within the Springfield school district. Search Springfield real estate on 1009fairoaksavenuesw.cutlerhomes.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Full
Cooling: Central Air
Days on Market: 2
Garage: No Garage
Heating: Natural Gas
Lot Size: 0.18 Acres
Stories: 2.0
Taxes: $2,036
Year Built: 1910

Feature Descriptions

Exterior: Brick
Lot: Residential Lot
Lot Dimensions: 70x114
Parcel ID: 3400700034129008
Sewer: Public Sewer
Utilities: Natural Gas Connected, Sewer Connected
Water: Supplied Water

Local Schools

School District: Springfield

Demographics

Clark County Demographic Information for 409 S Fountain Avenue, Springfield, OH 45506
Fips
Fips Code 39023
Population
2020 to 2025 Change down 0.5%
2010 Count 138,333
2020 Count 136,001
2025 Estimate (V2025) 135,340
2020 Estimate (V2025) 135,971
Age Distribution (Years Old)
0 to 4 5.8%
5 to 17 22.1%
18 to 64 50.8%
65 and Older 21.3%
Gender
Male 49.1%
Female 50.9%
Place of Birth
Foreign 2.6%
US 97.4%
Education
High School Graduate, Age 25+ 89.0%
Bachelor's Degree or Higher, Age 25+ 20.2%
Computer and Internet use
Households with a computer 94.4%
Households with a broadband Internet subscription 90.4%
Language
English is Second Language, Age 5+ 4.2%
English is First Language, Age 5+ 95.8%
Veterans
Veterans 9,204
Income
Per Capita Income $33,791
Median Household Income $63,132
People in Poverty 14.1%
Commute
Average Work Commute Time 24 minutes
Housing
Total Housing Units 61,154
Households 55,975
Average Household Size 2.37
Owner-Occupied 69.4%
Multi-Family 15.5%
Owner-Occupied Median Value $169,900
Median selected monthly owner costs -with a mortgage $1,262
Median selected monthly owner costs -without a mortgage $523
Median gross rent $872
Building Permits
New Private Housing Issued 2024 232
Years at Residence
1 Year or More 88.1%
Less Than 1 Year 11.9%
Business and Employment
Private non-farm Establishments 2,196
Private non-farm Employment 42,831
Private non-farm Employment Growth down 3.2%
Nonemployer Establishments 7,662
Number of Firms 1,640
Business Production
Value of Shipments $2,405,696,000
Wholesale Trade $1,808,100,000
Retail Trade $1,411,399,000
Retail Sales Per Capita $11,235
Accommodation and Food Services $207,893,000
Land
Land Area 397.47 sq. miles
Population Per Square Mile 348

Source: US Census Bureau

Estimate Your Payment

Estimated Payment

$ 2,042.11 per month $1,771.82 Principal & Interest $169.67 Property Tax $100.63 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)
Croos Country Mortgage
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