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$345,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • Updated 2 days ago
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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 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.48 hr notice required for all showings

Full Property Details for 409 S Fountain Ave

General

  • Price: $345,000
  • Taxes: $1,018 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: 507
  • MLS ID: 1045790
  • Updated: 5/20/2026
  • Added to Site: 3 day(s) ago

Location

  • County: Clark
  • Subdivision: Kenneys
  • Neighborhood: Kenneys
  • Driving Directions: S. Fountain Ave

School Information

  • School District: 1206 Springfield CSD

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Supplied Water

Structural Information

  • Exterior Const.: Brick
  • Square Feet: 5,802
  • Finished Total: 5,802 Sq. Ft.
  • Year Built: 1910

Lot Features

  • Lot Size (Acres): 0.18

Financial Considerations

  • Tax Amount: $1,018
  • Tax Year: 2025

Disclosures and Reports

  • Property ID: 3400700034129008

Listed by Sunny R Dhingra

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Listing agent

— 409 S Fountain Ave —

  • Sunny R Dhingra

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 409 S Fountain Ave

School District:Springfield City School District
NameGradesDistance
Fulton Elementary School
631 South Yellow Springs Street, Springfield, OH 45506
K-60.8 mi
Hayward Middle School
1700 Clifton Avenue, Springfield, OH 45505
7-81 mi
Springfield High School, Springfield, OH
701 East Home Road, Springfield, OH 45503
9-122.4 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 409 S Fountain Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/20/2026
Listed
$345,000
590%
MLS
4/10/2020
Sold
$50,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 409 S Fountain Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,842
—
$32,630
31%
2024
$1,842
2%
$24,950
—
2023
$1,810
-2%
$24,950
—
2022
$1,841
1%
$24,950
—
2021
$1,822
—
$24,950
—
2020
$1,822
—
$24,950
—
2019
$1,827
5%
$24,950
5%
2018
$1,747
-1%
$23,800
—
2017
$1,758
1%
$23,800
—
2016
$1,749
-1%
$23,800
—
2015
$1,770
-40%
$23,800
-41%
2014
$2,966
2%
$40,330
—
2013
$2,899
—
$40,330
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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with our affiliated lender
NMLS#: 1598647

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Listed by Sunny R Dhingra

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409 S Fountain Avenue, Springfield, OH 45506 (MLS# 1045790) is a Multi-Family property with 5 units containing 0 bedrooms and 0 full bathrooms. 409 S Fountain Avenue is currently listed for $345,000 and was received on May 20, 2026. Want to learn more about 409 S Fountain 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.

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