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. Agent owned
Sold for $140,000
$140,000
404-406 E Madison Ave, Springfield, OH 45503
6beds
--sqft
Multi Family
Built in 1911
-- sqft lot
$149,700 Zestimate®
$--/sqft
$1,325 Estimated rent
Home value
$149,700
$112,000 - $187,000
$1,325/mo
Zestimate® history
Owner options
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$928/mo
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Generous layouts
Zillow last checked:
Listing updated:
Listed by:
Jessica McCune (937)426-7070,
BHHS Professional Realty
Bought with:
Kellee Markwell, 2012001473
Lagonda Creek Real Estate LLC
Source: DABR MLS,MLS#: 943218
Originating MLS: Dayton Area Board of REALTORS
Originating MLS: Dayton Area Board of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Natural Gas
Cooling
- None
Features
- Basement: Unfinished
Property
Parking
- Parking features: No Garage
Lot
- Size: 7,492 sqft
- Dimensions: 0.172
Details
- Parcel number: 3400700035215023
- Zoning: Residential
- Zoning description: Residential
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
Condition
- Year built: 1911
Community & neighborhood
Location
- Region: Springfield
Price history
| Date | Event | Price |
|---|---|---|
| 10/22/2025 | Sold | $140,000-6.7% |
Source:  DABR MLS #943218 Report a problem | ||
| 9/26/2025 | Pending sale | $150,000 |
Source: DABR MLS #943218 Report a problem | ||
| 9/22/2025 | Listed for sale | $150,000 |
Source: DABR MLS #943218 Report a problem | ||
| 9/17/2025 | Pending sale | $150,000 |
Source: DABR MLS #943218 Report a problem | ||
| 9/10/2025 | Listed for sale | $150,000+240.1% |
Source: DABR MLS #943218 Report a problem | ||
| 9/22/2006 | Sold | $44,100 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,704 +2.3% | $30,180 |
| 2023 | $1,665 -2.1% | $30,180 |
| 2022 | $1,701 +30% | $30,180 +26.7% |
| 2021 | $1,309 -0.2% | $23,820 |
| 2020 | $1,312 -35.5% | $23,820 |
| 2019 | $2,035 +55.5% | $23,820 +4.7% |
| 2018 | $1,309 | $22,760 -27.9% |
| 2017 | $1,309 -0.1% | $31,574 |
| 2016 | $1,310 -1.9% | $31,574 |
| 2015 | $1,336 | $31,574 |
| 2014 | $1,336 -26.8% | $31,574 |
| 2013 | $1,826 +56.6% | $31,574 -1.4% |
| 2012 | $1,166 -2% | $32,011 |
| 2011 | $1,189 -16.9% | $32,011 |
| 2010 | $1,432 -22.6% | $32,011 -12% |
| 2009 | $1,850 +3% | $36,380 |
| 2008 | $1,797 +1.3% | $36,380 |
| 2007 | $1,773 +7.5% | $36,380 +15.8% |
| 2006 | $1,649 +17.7% | $31,424 |
| 2005 | $1,401 -42.5% | $31,424 +0% |
| 2004 | $2,434 +4.2% | $31,420 +6% |
| 2003 | $2,337 -0.2% | $29,640 |
| 2002 | $2,342 +16.5% | $29,640 +15.2% |
| 2000 | $2,009 | $25,730 |
Find assessor info on the county website
Neighborhood: 45503
Nearby schools
GreatSchools rating
- 5/10Lagonda Elementary SchoolGrades: K-6Distance: 0.5 mi
- 4/10Roosevelt Middle SchoolGrades: 7-8Distance: 1.2 mi
- 4/10Springfield High SchoolGrades: 9-12Distance: 1 mi
Schools provided by the listing agent
- District: Springfield
Source: DABR MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$149,700
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$149,700
- Ohio
- Clark County
- Springfield
- 45503
- 404-406 E Madison Ave
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