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409 S Fountain Avenue, Springfield, OH 45506$345,000

Sq. Feet: 5,802 Subdivision: Kenneys Days on Site: 13 MLS#: 1045790 View Map

Comments for 409 S Fountain Avenue, Springfield, OH 45506

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

Property Type: Multi Unit - Multiple Lot Size: 0.18 Acres
Basement: Full Parcel ID: 3400700034129008
Cooling: Central Air Sewer: Public Sewer
Days on Site: 13 Stories: 2.0
Exterior: Brick Taxes: $2,036
Garage: No Garage Utilities: Natural Gas Connected, Sewer Connected
Heating: Natural Gas Water: Supplied Water
Lot Description: Residential Lot Year Built: 1910
Lot Dimensions: 70x114  
School District: Springfield

Listed By

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

Shown By

Agent Name: Jon Glista
Agent Phone: (937) 620-8913
Agency Title: Irongate Inc., Realtors

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Clark County Demographic Information for 409 S Fountain Avenue, Springfield, OH 45506

Fips
Fips Code39023
Population
2020 to 2025 Changedown 0.5%
2010 Count138,333
2020 Count136,001
2025 Estimate (V2025)135,340
2020 Estimate (V2025)135,971
Age Distribution (Years Old)
0 to 45.8%
5 to 1722.1%
18 to 6450.8%
65 and Older21.3%
Gender
Male49.1%
Female50.9%
Place of Birth
Foreign2.6%
US97.4%
Education
High School Graduate, Age 25+89.0%
Bachelor's Degree or Higher, Age 25+20.2%
Computer and Internet use
Households with a computer94.4%
Households with a broadband Internet subscription90.4%
Language
English is Second Language, Age 5+4.2%
English is First Language, Age 5+95.8%
Veterans
Veterans9,204
Income
Per Capita Income$33,791
Median Household Income$63,132
People in Poverty14.1%
Commute
Average Work Commute Time24 minutes
Housing
Total Housing Units61,154
Households55,975
Average Household Size2.37
Owner-Occupied69.4%
Multi-Family15.5%
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 2024232
Years at Residence
1 Year or More88.1%
Less Than 1 Year11.9%
Business and Employment
Private non-farm Establishments2,196
Private non-farm Employment42,831
Private non-farm Employment Growthdown 3.2%
Nonemployer Establishments7,662
Number of Firms1,640
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 Area397.47 sq. miles
Population Per Square Mile348
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Jon Glista
Call: (937) 620-8913
Text: (937) 620-8913

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Mortgage Payment Calculation for 409 S Fountain Avenue, Springfield, OH 45506

  • %
  • years/fixed
  • yearly
  • yearly (estimated)
  • Est. Payment: $2,396.07 / per month

(Payments are an estimate and may vary by lender)

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