About This Home

This 10-bedroom, 5-bathroom residential multi family at 409 S Fountain Avenue in Springfield, OH is listed for $345,000 ($59 per sqft). Built in 1910, the home offers 5,802 sqft of living space on a 0.18 acres lot.

Key Features

  • Built in 1910
  • 0.18 acre lot
  • 2 stories

Property Details

2 stories
5 full
1910

Amenities

A/C
Listing 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 $4,725, with room for future increases and added upside for investors. Ideally situated just steps from Springfield's up-and-coming downtown district, this property offers a prime location close to local dining, shopping, entertainment, and ongoing development.

Whether you're 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. 4 garages are attached to the back building. 48 hr notice required for all showings

Monthly Cost Estimate

$1,845/mo

20% down · 6.5% · 30 years

Principal$250
Interest$1,495
Insurance$101

Estimates only. Actual payments may vary.

Location

409 S Fountain Avenue

Springfield, OH 45506

Kenneys

Property Details

Construction

Brick

Parking

None

Heating

Natural Gas

Cooling

Central Air

Questions & Answers

This 10-bedroom, 5-bathroom residential multi family at 409 S Fountain Avenue is listed at $345,000 ($59/sqft). The estimated monthly payment is $1,846 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1910, 0.18 acre lot, 2 stories.

This property is listed by Sunny R Dhingra.

SD

Sunny R Dhingra

Agent at Always Sunny Realty, LLC

Listed by Always Sunny Realty, LLC · Broker phone: 937-308-1122 · View on Broker Site

MLS# 1045790· Source: Western Regional Information System & Technology, Inc.· 163 days on PropertySimple

Copyright © 2026 Western Regional Information System & Technology, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

409 S Fountain Avenue, Springfield, OH 45506

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