$135,000
$30K PRICE DROP

726 E Madison Ave Springfield, OH 45503

Estimated payment $875/month

Total Views 6,316
4 Beds
2.5 Baths
2,334 Sq Ft
$58 Price per Sq Ft

Highlights

  • Attic
  • 1 Car Detached Garage
  • Forced Air Heating and Cooling System
  • No HOA
  • Porch

About This Home

Investment opportunity! This duplex has two bedrooms in each unit. Renters are on month to month leases paying $750 a month each leaving room for value-add increases. Rent out both sides for $1,500 a month or live in one side and rent out the other! This property is just minutes away from parks, a community garden, restaurants, shopping, and entertainment.

Listing Agent

Heather Childress

Howard Hanna Real Estate Services License #2023005300 Listed on: 07/21/2025

Howard Hanna Real Estate Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,873

Year Built

  • Built in 1913

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 40x150

Parking

  • 1 Car Detached Garage

Home Design

  • Duplex
  • Wood Frame Construction
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 2,334 Sq Ft Home
  • 2-Story Property
  • Partial Basement
  • Attic

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Connected

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 3400700029106012

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,873

Year Built

Built in 1913

Lot Details

0

Parking

1

Listing Details

  • Property Type: Multi-Family
  • Architectural Style: Wood Frame
  • Structure Type: Duplex
  • Level Style: Two
  • Semi-Annual Tax: 936.63
  • Year Built: 1913
  • Listing I D: 1040202
  • M L S Approved: Y
  • M L S Identifier: 20190724221641160008000000
  • New Financing: 1031 Exchange, VA Loan, FHA, Conventional, Cash
  • Parcel I D Number Formatted: 3400700029106012
  • Property Group I D: 19990816212116581394000000
  • Type Of Contract: Exclusive Right To Sell
  • Units Rooms Gross Monthly Rent: 1500.00
  • 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

  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Basement: Partial
  • Inside Features: Attic
  • Price/ Sq Ft: 57.84
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Total Square Footage: 2334.00

Exterior Features

  • Exterior: Aluminum Siding, Vinyl Siding
  • Outside Features: Porch

Garage/Parking

  • Garage: Detached
  • Garage Spaces: 1.00

Utilities

  • Cooling: Central Air
  • Heating System: Forced Air
  • Utilities: Natural Gas Connected
  • Sewer: Public Sewer
  • Water Source: Supplied Water

Schools

  • School District: 1206 Springfield CSD

Lot Info

  • Acres: 0.14
  • Lot Dimensions: 40x150
  • Zoning: Residential
  • Land Info: Residential Lot
  • Parcel Id Number: 3400700029106012

Tax Info

  • Tax Year: 2024

MLS Schools

  • School District: 1206 Springfield CSD

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
2024 $1,825 $37,860 $5,680 $32,180
2023 $1,825 $37,860 $5,680 $32,180
2022 $1,869 $37,860 $5,680 $32,180
2021 $1,602 $29,960 $4,090 $25,870
2020 $1,606 $29,960 $4,090 $25,870
2019 $1,610 $29,960 $4,090 $25,870
2018 $1,427 $25,510 $3,500 $22,010
2017 $1,426 $25,509 $3,497 $22,012
2016 $1,428 $25,509 $3,497 $22,012
2015 $1,456 $25,509 $3,497 $22,012
2014 $1,449 $25,509 $3,497 $22,012
2013 $1,434 $25,509 $3,497 $22,012
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2025 09/04/25 Price Changed $135,000 -18.1% $58 / Sq Ft
07/21/2025 07/21/25 For Sale $164,900 -- $71 / Sq Ft
Source: Western Regional Information Systems & Technology (WRIST)

Purchase History

Date Type Sale Price Title Company
Fiduciary Deed $1,000 None Available
Warranty Deed $89,000 Stewart Title Guaranty Co
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $5,297 Future Advance Clause Open End Mortgage
Previous Owner $20,976 Future Advance Clause Open End Mortgage
Previous Owner $3,550 Unknown
Previous Owner $84,550 Purchase Money Mortgage
Previous Owner $50,000 Credit Line Revolving
Source: Public Records

Source: Western Regional Information Systems & Technology (WRIST)

MLS Number: 1040202

Western Regional Information Systems & Technology (WRIST)

APN: 34-00700-02910-6012