NOT LISTED FOR SALE

405 N Race St Unit 7 Springfield, OH 45504

Springfield Area
7 Beds
7 Baths
2,570 Sq Ft
7,200 Sq Ft Lot

Sale Details

Date Sold: August 8, 2023

Last sale price $225,000 $88 Per Sq Ft

48 Days on Market

Highlights

  • Window Unit Cooling System
  • Ceiling Fan
  • Heating System Uses Natural Gas
  • Shed

About This Home

As of August 2023

Looking for investors to add this 7 Unit property to their portfolio. All 7 units are occupied. Each Unit is a 1 bedroom/1 bath unit with living room and kitchen.

Last Agent to Sell the Property

Michele Hines

BHHS Professional Realty Brokerage Phone: (937) 426-7070 License #2007005219 Listed on: 06/01/2023

BHHS Professional Realty

Last Buyer's Agent

Remington Lyman

REAFCO License #2022001862

Property Details

Home Type

  • Multi-Family

Year Built

  • 1891

Lot Details

  • 7,200 Sq Ft Lot
  • Lot Dimensions are 40x180

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,570 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Crawl Space

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Full Bathrooms

Parking

  • No Garage
  • Parking Lot

Outdoor Features

  • Shed

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 3400600005412036

Community Details

Overview

  • 7 Units
  • Crystal Lakes Subdivision

Building Details

  • Gross Income $3,550
  • Net Operating Income $2,871

Property Details

Home Type

Multi-Family

Year Built

1891

Lot Details

7,200 Sq Ft Lot

Listing Details

  • Major Appliances: Electric Water Heater
  • Cooling System: Window Unit(s)
  • Property Sub Type: Multi Family
  • Year Built: 1891
  • Attribution Contact: (937) 426-7070
  • Lot Size Acres: 0.1653
  • Co List Office Phone: (937) 426-7070
  • MLS Status: Closed
  • Living Area: 2570.0
  • Master Plan Zoning: Residential
  • Property Sub Type Additional: Multi Family
  • Special Features: None

Interior Features

  • Interior Amenities: Ceiling Fan(s)
  • Basement: Crawl Space
  • Sewer: Storm Sewer
  • Property Type: Residential Income
  • Full Bathrooms: 7
  • Total Bedrooms: 7
  • Stories: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Brick
  • Exterior Features: Storage
  • Other Structures: Shed(s)

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage, Parking Lot

Utilities

  • Heating: Electric, Natural Gas
  • Utilities: Sewer Available, Water Available
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Junior High Dist: Springfield

Lot Info

  • Lot Dimensions: 40X180
  • Lot Size Sq Ft: 7200.0
  • Parcel Number: 3400600005412036
  • Zoning Description: Residential

Multi Family

  • Annual Gross Income: 3550.0
  • Property Net Operating Income: 2871.0
  • Number Of Units Total: 7

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 14, 2023
Sold by
Bought by

Purchase Details

Listed on
Jun 1, 2023
Closed on
Aug 4, 2023
Sold by
Bought by
Seller's Agent
Michele Hines
BHHS Professional Realty
Buyer's Agent
Remington Lyman
REAFCO
List Price
$243,500
Sold Price
$225,000
Premium/Discount to List
-$18,500
-7.6%
Views
62

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,750
Interest Rate
0.0825%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 23, 2022
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,250
Interest Rate
0.053%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 23, 1994
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
$225,000 Landsel Title
$155,000 Cole Acton Harmon Dunn
$43,650 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $442,500
Closed $168,750
Previous Owner $116,250
Previous Owner $20,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/08/2023 08/08/23 Sold $225,000 -7.6% $88 / Sq Ft
07/18/2023 07/18/23 Pending -- -- --
06/16/2023 06/16/23 For Sale $243,500 0.0% $95 / Sq Ft
06/10/2023 06/10/23 Pending -- -- --
05/31/2023 05/31/23 For Sale $243,500 -- $95 / Sq Ft
Source: Dayton REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $6,684 $76,090 $6,290 $69,800
2024 $1,554 $21,410 $4,540 $16,870
2023 $1,554 $21,410 $4,540 $16,870
2022 $1,580 $21,410 $4,540 $16,870
2021 $1,564 $21,410 $4,540 $16,870
2020 $1,564 $21,410 $4,540 $16,870
2019 $1,568 $21,410 $4,540 $16,870
2018 $1,517 $20,670 $4,540 $16,130
2017 $1,527 $20,668 $4,536 $16,132
2016 $1,519 $20,668 $4,536 $16,132
2015 $1,537 $20,668 $4,536 $16,132
2014 $1,520 $20,668 $4,536 $16,132
2013 $1,486 $20,668 $4,536 $16,132
Source: Public Records

Agents Affiliated with this Home

  • Michele Hines

    Seller's Agent in 2023

    Michele Hines

    BHHS Professional Realty

    (937) 206-5850

    97 Total Sales

    Michele Hines
    Section Image
  • Remington Lyman

    Buyer's Agent in 2023

    Remington Lyman

    REAFCO

    (614) 541-8475

    328 Total Sales

    Remington Lyman
    Section Image
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Map

Source: Dayton REALTORS®

MLS Number: 886950

Dayton REALTORS®

APN: 340-06-00005-412-036

Ohio Clark County Springfield 45504

405 N Race St Unit 7, Springfield, OH

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Dayton REALTORS® The information is being provided by Dayton Area Board of Realtors MLS. Information deemed reliable but not guaranteed. Information is provided for the consumer's personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 Dayton Area Board of Realtors MLS. All Rights Reserved.

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