$179,900

400 S Arlington Ave Unit 402 Springfield, OH 45505

Estimated payment $1,121/month

4 Beds
2 Baths
2,344 Sq Ft
$77 Price per Sq Ft

Highlights

  • No HOA
  • Porch
  • Wood Siding
  • 2 Car Detached Garage

About This Home

12% Cap Rate! Add this updated, well-maintained duplex to your investment portfolio--or enjoy the benefits of owner-occupied living while your tenant helps pay the mortgage. This solid income-producing property brings in $2,400 per month.Unit 400 - $1,200/mo( 5 months left on lease)This unit features fresh paint, new lighting, updated appliances, and a new dedicated outlet for the bedroom AC. Updated electric panel, furnace, and water heater provide peace of mind.Unit 402 - $1,200/mo (Month-to-month)Updated within the last 18 months, including a newer refrigerator and stove. Mechanical updates include an improved electric panel, furnace, and water heater.Both units offer original hardwood floors, classic architectural charm, and access to a welcoming covered porch perfect for enjoying the outdoor.First Floor: Living room, dining room, kitchen, and a bright sunroom--ideal for office space or flex useSecond Floor: Two large bedrooms and one full bathBasement: Private storage areas for each unit plus laundry hookupsGarage: Each tenant receives one side for storageExterior: Large shared side yardLow Operating Expenses:Water: Averages under $100/monthLawn care: $40 per cutTenants pay their own electricity, gas, and trashThis turn-key duplex offers strong cash flow, modest expenses, and a stable rental history--the ideal addition to any rental portfolio.Sold as a package deal with 250-254 S Douglas and 2111-2115 KenilworthPhotos are of only 1 unit

Listing Agent

Julie Broghamer

Real Estate II, Inc. License #2021005106 Listed on: 01/26/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,239

Year Built

  • Built in 1910

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50x150

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex
  • Stone Foundation
  • Wood Frame Construction
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 2,344 Sq Ft Home
  • 2-Story Property
  • Decorative Fireplace
  • Range
  • Unfinished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Porch

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Connected

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 3400700022123001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,239

Year Built

Built in 1910

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Architectural Style: Wood Frame
  • Structure Type: Duplex
  • Level Style: Two
  • Semi-Annual Tax: 1119.32
  • Year Built: 1910
  • Documents: Property Disclosure and Lead Based Paint
  • Listing I D: 1043511
  • M L S Approved: Y
  • M L S Identifier: 20190724221641160008000000
  • New Financing: Cash, Other New Financing, 1031 Exchange, Conventional
  • Parcel I D Number Formatted: 3400700022123001
  • Property Group I D: 19990816212116581394000000
  • Type Of Contract: Exclusive Right To Sell
  • Two Bedrooms: 2
  • Units Rooms Gross Monthly Rent: 2400.00
  • Units Rooms Oven Range Total: 2
  • Units Rooms Total Security Deposit: 2400.00
  • Total Number of Units: 2
  • Condo Lot Y N: No
  • H O A C O A Y N: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Range, Refrigerator
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Unfinished
  • Price/ Sq Ft: 76.75
  • Fireplace: Decorative
  • Total Bedrooms: 4
  • Total Square Footage: 2344.00

Exterior Features

  • Exterior: Vinyl Siding, Wood Siding
  • Foundation: Stone
  • Outside Features: Porch

Garage/Parking

  • Garage: Detached
  • Garage Spaces: 2.00

Utilities

  • Cooling: Window Unit(s)
  • Heating System: Natural Gas
  • Utilities: Natural Gas Connected, Sewer Connected
  • Sewer: Public Sewer
  • Water Source: Supplied Water

Lot Info

  • Acres: 0.17
  • Lot Dimensions: 50x150
  • Zoning: Residential
  • Land Info: Residential Lot
  • Parcel Id Number: 3400700022123001

Tax Info

  • Tax Year: 2024

MLS Schools

  • School District: 1206 Springfield CSD

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,701 $50,300 $6,860 $43,440
2024 $1,686 $34,990 $5,590 $29,400
2023 $1,686 $34,990 $5,590 $29,400
2022 $1,740 $34,990 $5,590 $29,400
2021 $1,740 $29,810 $3,920 $25,890
2020 $1,744 $29,810 $3,920 $25,890
2019 $1,748 $29,810 $3,920 $25,890
2018 $1,694 $27,670 $2,920 $24,750
2017 $1,693 $27,668 $2,916 $24,752
2016 $1,548 $27,668 $2,916 $24,752
2015 $1,702 $29,814 $2,916 $26,898
2014 $1,694 $29,814 $2,916 $26,898
2013 $1,676 $29,814 $2,916 $26,898
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/26/2026 01/26/26 For Sale $179,900 -- $77 / Sq Ft
Source: Western Regional Information Systems & Technology (WRIST)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $113,000 --
Warranty Deed $113,000 None Listed On Document
Deed $75,000 --
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $90,400 New Conventional
Closed $90,400 New Conventional
Previous Owner $77,000 New Conventional
Source: Public Records

About the Listing Agent

Julie Broghamer

Real Estate II, Inc.

(326) 888-6491

Section Image

I began my career in Real Estate over 20 years ago as an investor.I turned my passion for investment property into a business helping others achieve their goals and dreams. I guide my clients through all the ins and outs of investments and rehabbing.

My goal is to help people create a home for their family and friends to enjoy in a fun, non-stressful way, bringing excitement and happiness into the process, as well as creating a financial future for themselves.

Julie's Other Listings

  • 250 S Douglas Ave Unit 254, Springfield, OH 45505

    $335,000

    • 9 Beds
    • 3 Baths
    • 4,236 Sq Ft
    • 250 S Douglas Ave
    • Unit 254
    • Springfield, OH

    Beautiful original details restored throughout this historic triplex! Stunning stained woodwork, original hardwood floors, and classic architectural features flow through most of the property. Each of the three units enjoys its own large, inviting porch. The exterior showcases timeless charm with beautiful pillars, a stone foundation, and preserved historic detailingUnit 250 Ideal Owner-Occupant

    Julie Broghamer Real Estate II, Inc.

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  • 2111 Kenilworth Ave, Springfield, OH 45505

    $180,000

    • 4 Beds
    • 2 Baths
    • 1,954 Sq Ft
    • 2111 Kenilworth Ave
    • Springfield, OH

    Step inside this beautifully renovated duplex where modern comfort meets classic charm. Each unit offers bright, open living spaces with stylish updates throughout--updated lighting, refreshed kitchens, and updated baths. Original character blends seamlessly with today's conveniences, including replacement windows, improved mechanicals, and thoughtful storage. An inviting front porch, cozy

    Julie Broghamer Real Estate II, Inc.

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  • 40 Zischler St, Springfield, OH 45504

    $125,000

    • Land
    • 1.06 Acres
    • $117,925 per Acre
    • 40 Zischler St
    • Springfield, OH

    What an opportunity! Start your business here entering the Western Corridor of Springfield, Ohio. The city and the market cater easily to access I-70 and proximity to I-675 as well as several state routes This 1.06-acre city lot, located on a main thoroughfare, offers exceptional potential for commercial development in the heart of Springfield, Ohio. **Zoned MI** and is classified as General

    Julie Broghamer Real Estate II, Inc.

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  • 1715 W North St, Springfield, OH 45504

    $499,900

    • Land
    • 1.8 Acres
    • $277,722 per Acre
    • 1715 W North St
    • Springfield, OH

    What an opportunity! Start your business here entering the Western Corridor of Springfield, Ohio. The city and the market cater easily to access I-70 and proximity to I-675 as well as several state routes This 1.797-acre city lot, located on a main thoroughfare, offers exceptional potential for commercial development in the heart of Springfield, Ohio. **Zoned CI-1 ** and is classified as

    Julie Broghamer Real Estate II, Inc.

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  • 404 Sherman Ave, Springfield, OH 45503

    $88,000 Sold Jul 17, 2025

    • 2 Beds
    • 1 Bath
    • 1,088 Sq Ft
    • 404 Sherman Ave
    • Springfield, OH

    Taken off the market to remodel the kitchen and bath. If you've looked in the past, look again--this is the investment property you've been waiting for. Currently rented at $1,200 per month, it offers an excellent ROI and has been completely remodeled.Major updates within the past four years include:New siding and guttersUpdated flooring throughoutNew furnace and water heaterElectrical

    Julie Broghamer Real Estate II, Inc.

  • 115 Kewbury Rd, Springfield, OH 45504

    $195,000 Sold Jul 21, 2025

    • 3 Beds
    • 1 Bath
    • 1,192 Sq Ft
    • 115 Kewbury Rd
    • Springfield, OH

    Looking for a low-maintenance, charming cottage in the Ridgewood area with just a small yard? Prefer the privacy of a house over a condo but still want easy care? This is the perfect home for you!We preserved the original black-and-white tile in the bathroom and enhanced it with stylish, modern fixtures for a timeless yet updated look. The kitchen features brand-new warm putty-colored cabinets,

    Julie Broghamer Real Estate II, Inc.

  • 1063 Russell Ave, Springfield, OH 45506

    $117,350 Sold Apr 25, 2025

    • 2 Beds
    • 1 Bath
    • 672 Sq Ft
    • 1063 Russell Ave
    • Springfield, OH

    This Home can qualify for Park National Bank Home Sweet home and Home Grant program. You may be eligible for 100% financing and more. Documents attached. Small but Mighty! This darling newly renovated house comes with a 24x24 garage. Think about sectioning off a portion for a killer man cave or she shed and still have plenty of room for your vehicle! Stop paying rent! e New roof, Siding,

    Julie Broghamer Real Estate II, Inc.

Source: Western Regional Information Systems & Technology (WRIST)

MLS Number: 1043511

Western Regional Information Systems & Technology (WRIST)

APN: 34-00700-02212-3001