Unique investment opportunity in the heart of Springboro downtown district! Formerly operated as a hotel, this property is currently configured and used as a multifamily investment property with excellent income and expansion potential. The property currently features two functioning units with the possibility for four additional units, offering a rare opportunity for investors looking to maximize value and future cash flow. Situated in a highly desirable location near downtown amenities, shops, restaurants, and entertainment, this property offers endless possibilities for redevelopment, renovation, or long-term investment. One unit was recently vacated, providing added flexibility for future plans. Offered at $300,000.
For sale
Price cut: $25K (6/23)
$275,000
40 S Main St, Springboro, OH 45066
3beds
3,156sqft
Multi Family
Built in 1837
-- sqft lot
$268,900 Zestimate®
$87/sqft
$-- HOA
What's special
- 26 days |
- 1,370 |
- 74 |
Zillow last checked:
Listing updated:
Listed by:
Kal Mughrabi (937)748-5500,
Coldwell Banker Heritage,
Sammuel Mughrabi 937-380-9038,
Coldwell Banker Heritage
Source: DABR MLS,MLS#: 960311
Originating MLS: Dayton Area Board of REALTORS
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Forced Air
Cooling
- None
Features
- Basement: Crawl Space
Interior area
- Total structure area: 3,156
- Total interior livable area: 3,156 sqft
Property
Parking
- Parking features: No Garage
Lot
- Size: 7,448 Square Feet
- Dimensions: .17
Details
- Parcel number: 0407151003
- Zoning: Commercial
- Zoning description: Commercial
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame, Stone
Condition
- Year built: 1837
Community & HOA
Community
- Subdivision: Springboro Origplat
Location
- Region: Springboro
Financial & listing details
- Price per square foot: $87/sqft
- Date on market: 5/28/2026
Estimated market value
$268,900
$255,000 - $282,000
$1,700/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/23/2026 | Price change | $275,000-8.3%$87/sqft |
Source: | ||
| 5/28/2026 | Listed for sale | $300,000$95/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 45066
Nearby schools
GreatSchools rating
- 8/10Springboro Intermediate SchoolGrades: 6Distance: 0.5 mi
- 9/10Springboro High SchoolGrades: 9-12Distance: 1.8 mi
- NAClearcreek Elementary SchoolGrades: PK-1Distance: 0.6 mi
Schools provided by the listing agent
- District: Springboro
Source: DABR MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Ohio
- Warren County
- Springboro
- 45066
- 40 S Main St







