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.
Closed
Zestimate®
$140,000
404 E Madison Ave, Springfield, OH 45503
6beds
3,232sqft
Multi Family
Built in 1911
-- sqft lot
$140,000 Zestimate®
$43/sqft
$-- Estimated rent
Home value
$140,000
$133,000 - $147,000
Not available
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: October 22, 2025 at 09:27am
Listed by:
Jessica McCune 937-863-1012,
Berkshire Hathaway Professional Realty
Bought with:
Kellee Markwell, 2012001473
Lagonda Creek Real Estate, LLC
Source: WRIST,MLS#: 1041285
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Natural Gas
Features
- Basement: Unfinished
- Has fireplace: No
Interior area
- Total structure area: 3,232
- Total interior livable area: 3,232 sqft
Property
Lot
- Size: 7,405 sqft
- Dimensions: 0.172
Details
- Parcel number: 3400700035215023
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
Condition
- Year built: 1911
Utilities & green energy
- Sewer: Public Sewer
- Water: Supplied Water
Community & neighborhood
Location
- Region: Springfield
- Subdivision: Robert Rodgers Add 06
Other
Other facts
- Listing terms: Cash,Conventional,FHA
Price history
| Date | Event | Price |
|---|---|---|
| 10/22/2025 | Sold | $140,000-6.7%$43/sqft |
Source:  WRIST #1041285 | ||
| 9/26/2025 | Pending sale | $150,000$46/sqft |
Source: WRIST #1041285 | ||
| 9/22/2025 | Listed for sale | $150,000$46/sqft |
Source: WRIST #1041285 | ||
| 9/18/2025 | Pending sale | $150,000$46/sqft |
Source: WRIST #1041285 | ||
| 9/10/2025 | Listed for sale | $150,000$46/sqft |
Source: WRIST #1041285 | ||
Public tax history
Tax history is unavailable.
Neighborhood: 45503
Nearby schools
GreatSchools rating
- 3/10Lagonda Elementary SchoolGrades: K-6Distance: 0.5 mi
- 4/10Roosevelt Middle SchoolGrades: 7-8Distance: 1.2 mi
- 3/10Springfield High SchoolGrades: 9-12Distance: 1.4 mi
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$140,000
2% more+ $2,800
With Zillow Showcase(estimated)
$142,800