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$140,000
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Property Description
This well-maintained duplex features two spacious 3-bedroom, 1-bath units, each currently rented on month-to-month leases at $900 per month. Together, the property produces $1,800 in monthly rental income with reliable tenants already in place. Both units offer generous layouts and strong rental appeal, making this an excellent choice for investors seeking immediate cash flow. The flexible month-to-month leases offer options to continue as is. Adjust rents, or explore owner-occupancy. Conveniently located near local amenities, this property offers a combination of stability and future potential.
Full Property Details
Full Property Details for 404 E Madison Ave
General
- Sold For: $140,000
- Taxes: $983 (2024)
- Status: Closed
- Type: Multi-Family
- Source: 507
- MLS ID: 1041285
- Added to Site: 128 day(s) ago
Location
- Area: 012 N OF MAIN / E OF LIMESTONE
- County: Clark
- Subdivision: Robert Rodgers Add 06
- Driving Directions: North on N Limestone Right on E Madison to 404 E Madison.
School Information
- School District: 1206 Springfield CSD
Community
- Community Name: Conventional
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Supplied Water
Structural Information
- Exterior Const.: Vinyl Siding
- Square Feet: 3,232
- Year Built: 1911
Lot Features
- Lot Size (Acres): 0.17
- Lot Dimensions: .172
Financial Considerations
- Tax Amount: $983
- Tax Year: 2024
Disclosures and Reports
- Property ID: 3400700035215023
Listed by Jessica McCune
Sold by Kellee Markwell
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Schools
Schools serving 404 E Madison Ave
School District:Springfield City School District
| Name | Grades | Distance |
|---|---|---|
Lagonda Elementary School 800 East McCreight Avenue, Springfield, OH 45503 | K-6 | 0.5 mi |
Roosevelt Middle School 721 East Home Road, Springfield, OH 45503 | 7-8 | 1.2 mi |
Springfield High School, Springfield, OH 701 East Home Road, Springfield, OH 45503 | 9-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 404 E Madison Ave
Date
Details
Price
Change
Source
10/22/2025
Sold
$140,000
-6.67%
MLS
9/10/2025
Listed
$150,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
404 E Madison Avenue, Springfield, OH 45503 (MLS# 1041285) is a Multi-Family property that was sold at $140,000 on October 22, 2025. Want to learn more about 404 E Madison Avenue? Do you have questions about finding other Multi-Family real estate for sale in Springfield? You can browse all Springfield real estate or contact a Coldwell Banker agent to request more information.

