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131-133 E Southern Ave, Springfield
$124,900
6 Beds ⋅ 3 Baths ⋅ 1047879 MLS
SPACIOUS, RENOVATED SIDE-BY-SIDE DOUBLE WITH 7 BEDROOMS, 3 FULL BATHS AND ESTIMATED GROSS RENTAL POTENTIAL OF $2,400 PER MONTH. Offering approximately 3,242 square feet, 131 E Southern features 4 bedrooms and 2 full baths, while 133 E Southern offers 3 bedrooms and 1 full bath. The 133 side has been completely remodeled with a new kitchen, new bathroom, new flooring throughout, fresh paint, new doors, LED lighting, switches and outlets. The 131 side has also undergone substantial improvements. Major capital items have already been addressed, including a brand-new roof, vinyl windows throughout, and separately metered gas and electric. Exterior improvements include fresh paint and repairs to the aluminum siding. Both units offer tall ceilings, spacious rooms, covered front porches and backyard access. With no tenants above or below, the side-by-side layout provides added privacy. Estimated market rents are $1,250 for the 4-bedroom, 2-bath unit and $1,150 for the renovated 3-bedroom, 1-bath unit, creating potential gross income of $28,800 annually. Owner pays water; occupants pay separately metered gas and electric. An excellent opportunity for an investor seeking a substantially improved rental or an owner-occupant looking to offset the mortgage with income from the adjoining unit. Conveniently located near South Limestone Street, downtown Springfield and I-70.

131-133 E Southern Ave, Springfield

37 E Cassilly St, Springfield
$269,900
6 Beds ⋅ 4 Baths ⋅ 1047782 MLS
Calling all investors! Add a fully occupied four-unit property to your portfolio with 37-39 E Cassilly St. Offering a strong unit mix of two 2-bedroom units and two 1-bedroom units, this property provides established rental income with a history of consistent, on-time rent payments. All four units are currently occupied on month-to-month leases, giving the next owner flexibility moving forward. Recent improvements include a roof approximately 2 years old and four newer furnaces--three electric and one gas. Tenants currently pay their own electric, while the owner covers gas, water, and trash. All existing appliances convey with the sale. Whether you're looking to expand an established portfolio or add another income-producing asset, this four-unit property offers an opportunity to step into an already occupied investment with cash flow from day one. Property is being sold AS-IS. Please be advised photos are in no particular order of 2 out of the 4 units prior to them being rented.

37 E Cassilly St, Springfield

462-462.5 Stanton Ave, Springfield
$184,900
6 Beds ⋅ 2 Baths ⋅ 1047593 MLS
Turnkey, fully vacant duplex with extensive updates! This move in ready upper/lower duplex is an exceptional opportunity for investors looking to generate rental income or owner occupants wanting to house hack by living in one unit while renting the other. With both units vacant, you have the rare ability to choose your own tenants, set current market rents, or occupy either unit immediately. No waiting for leases to expire and no renovation projects to tackle. This income producing property is ready to go. The upper unit has been completely renovated and features new LifeProof luxury vinyl plank flooring, new Stainmaster carpet with Nike Step Ahead padding, new countertops, a new vanity, fresh paint throughout, and a bedroom with a newly added closet for improved functionality. Both units include brand new appliances and fresh interior paint, creating a clean, modern feel. The lower unit blends classic character with modern updates, featuring beautifully refinished hardwood floors, updated luxury vinyl plank flooring in the entryway, kitchen, and bathroom, brand new lighting, and a refreshed, move-in ready feel. Outside, you'll find a renovated rear deck, a new garage door, convenient off street parking, and a detached two car garage, providing valuable storage and parking for owners or tenants alike. Whether you're expanding your investment portfolio, purchasing your first duplex, or looking for a turnkey house hack, this updated multifamily property offers flexibility, low maintenance, and immediate income potential in one package.

462-462.5 Stanton Ave, Springfield

417 S Fountain Ave, Springfield
$299,000
6 Beds ⋅ 3 Baths ⋅ 1047375 MLS
Welcome home to the WHITELEY-COBLENTZ HOUSE in the SOuth FOuntain Historic District. The 'SOFO' District's tree-lined streets and architecturally rich neighborhood provides unique living right in our city, just a short walk to restaurants, live music and social hubs. 417 S. Fountain is a grand Italianate style that dates back to 1865 when William N. Whiteley, known to be one of Springfield's greatest contributors, built the home. In the early 2000s, the house was separated into 6 apartments but since 2014, the owners have thoughtfully and lovingly restored it back to an elegant single residence. Today, this home has an option of 6 bedrooms, one possible on the main level where there is a full bath. A chef's kitchen including a Zline 6-burner double oven and a vintage shop counter serving as an island and a unique penny floor, a butler's pantry with industrial stainless shelving, a serving pantry/coffee station, dining room, a parlor/drawing room, and a rear entry boot/mud room to come in from the paver patio. On the 2nd floor you'll find an additional 5 bedrooms and 2 full bathrooms. Previously maid's quarters, the true master suite updated in 2022, will include a king canopy bed, a copper claw foot tub, a huge closet with built-ins, a sauna and laundry. Another bedroom is a child's dream with a custom-built rock-climbing wall. So many updates to this property! The backyard is a beautiful oasis with mature trees and landscaping along with a shed. This property and the neighboring property share a 6' privacy fence. Take the opportunity to tour this beautiful, stately home today!

417 S Fountain Ave, Springfield

509-511 E Northern Ave, Springfield
$175,000
6 Beds ⋅ 2 Baths ⋅ 1046616 MLS
Investment Opportunity! This spacious double offers the perfect opportunity for investors looking to offset their mortgage with rental income. One side is currently rented providing immediate cash flow. Tenant rights apply. Each unit features 3 bedrooms and 1 full bathroom upstairs, with generously sized rooms throughout. The main level showcases beautiful wood floors, a large living room with charming decorative fireplace, and a dining area complete with a built-in bench storage that adds both character and functionality. A convenient mudroom provides additional storage and everyday practicality. Enjoy the architectural details, large windows that fill the home with natural sunlight, and the inviting front porch. Outside, you will find a decent sized yard and a detached garage. Whether you're expanding your investment portfolio or searching for a home with income-producing potential, this double delivers space, character, and opportunity all in one package. Schedule your showing today!

509-511 E Northern Ave, Springfield

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