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 gutters
Updated flooring throughout
New furnace and water heater
Electrical upgrades
Foundation work completed
Full roof and shingle replacement
This is one of the few affordable homes with the most expensive repairs already done. It's perched right next door to a community garden, offering a scenic view and a deep yard of its own. Enjoy off-street parking accessible from the alley.
Perfect for investors: why buy properties that have been poorly maintained and driven into the ground by tenants, when you can own a turnkey, low-maintenance property like this?
Additional recent improvements include the removal of dropped ceilings and professional drywall installation.
Don't miss this opportunity to add a high-quality asset to your rental portfolio.
Closed
Zestimate®
$88,000
404 Sherman Ave, Springfield, OH 45503
2beds
1,088sqft
Single Family Residence
Built in 1891
4,791.6 Square Feet Lot
$88,000 Zestimate®
$81/sqft
$1,053 Estimated rent
Home value
$88,000
$68,000 - $114,000
$1,053/mo
Zestimate® history
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Owner options
Explore your selling options
What's special
Zillow last checked: 8 hours ago
Listing updated: July 18, 2025 at 09:47am
Listed by:
Julie Broghamer 937-390-3119,
Real Estate II, Inc.
Bought with:
Doug Nave, 2017005998
Coldwell Banker Heritage
Source: WRIST,MLS#: 1038520
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Bedroom 1
- Level: Second
- Area: 156 Square Feet
- Dimensions: 12.00 x 13.00
Bedroom 2
- Level: Second
- Area: 110 Square Feet
- Dimensions: 10.00 x 11.00
Primary bathroom
- Level: Second
Dining room
- Level: First
- Area: 120 Square Feet
- Dimensions: 10.00 x 12.00
Kitchen
- Level: First
- Area: 77 Square Feet
- Dimensions: 7.00 x 11.00
Living room
- Level: First
- Area: 156 Square Feet
- Dimensions: 12.00 x 13.00
Utility room
- Level: First
- Area: 30 Square Feet
- Dimensions: 5.00 x 6.00
Heating
- Natural Gas
Appliances
- Included: Range, Refrigerator
Features
- Basement: Crawl Space
- Has fireplace: No
Interior area
- Total structure area: 1,088
- Total interior livable area: 1,088 sqft
Property
Features
- Levels: Two
- Stories: 2
Lot
- Size: 4,791 sqft
- Features: Building Restrictions
Details
- Parcel number: 3400700035226019
- Zoning description: Residential
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Basic
- Property subtype: Single Family Residence
Materials
- Vinyl Siding, Other
- Foundation: Other
Condition
- Year built: 1891
Utilities & green energy
- Sewer: Public Sewer
- Water: Supplied Water
- Utilities for property: Natural Gas Connected
Community & neighborhood
Location
- Region: Springfield
- Subdivision: Rodgers
Other
Other facts
- Listing terms: 1031 Exchange,Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 7/17/2025 | Sold | $88,000-5.3%$81/sqft |
Source:  WRIST #1038520 | ||
| 7/10/2025 | Pending sale | $92,900$85/sqft |
Source: WRIST #1038520 | ||
| 5/8/2025 | Listed for sale | $92,900+11.9%$85/sqft |
Source: WRIST #1038520 | ||
| 4/8/2025 | Listing removed | $1,050$1/sqft |
Source: Zillow Rentals | ||
| 3/27/2025 | Listed for rent | $1,050+5%$1/sqft |
Source: Zillow Rentals | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $722 +2.6% | $14,240 |
| 2023 | $703 -2.4% | $14,240 |
| 2022 | $721 +24.3% | $14,240 +35% |
Find assessor info on the county website
Neighborhood: 45503
Nearby schools
GreatSchools rating
- 3/10Lagonda Elementary SchoolGrades: K-6Distance: 0.6 mi
- 4/10Roosevelt Middle SchoolGrades: 7-8Distance: 1.4 mi
- 3/10Springfield High SchoolGrades: 9-12Distance: 1.5 mi
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Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$88,000
2% more+ $1,760
With Zillow Showcase(estimated)
$89,760