Don’t miss this rare opportunity to own a turnkey 36-unit multifamily property located in Springfield’s desirable south end. This well-maintained complex offers a strong rental history with 95% occupancy of two bed 1 bath units making it ideal for long-term stability and consistent income. Recent capital improvements, on-site parking, and professional management in place provide ease of ownership for investors. The property sits in a high-demand rental corridor, close to major employers, shopping, dining, and transportation routes. With market rents and low vacancy, this asset is positioned for immediate returns and future upside potential. Showings require 24 hour notice and the listing agent present.
398 days
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7
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0
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Zillow last checked:
Listing updated:
Listed by:
Richard Wiese217-415-5445,
Wiese Properties Powered By Keller Williams
Source: RMLS Alliance as distributed by MLS GRID,MLS#: CA1037328Originating MLS: Capital Area Association of Realtors
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 4
Bathrooms: 2
Heating
Forced Air
Cooling
Central Air
Appliances
Included: Electric Water Heater, Water Heater
Features
Basement: None
Interior area
Total structure area: 36,828
Total interior livable area: 36,828 sqft
Property
Parking
Total spaces: 50
Lot
Size: 2 Acres
Dimensions: 78,271
Features: Level
Details
Parcel number: 2211.0329020
Construction
Type & style
Home type: MultiFamily
Property subtype: Multi Family, Apartment
Materials
Vinyl Siding
Roof: Rubber
Condition
New construction: No
Year built: 1978
Utilities & green energy
Sewer: Public Sewer
Water: Public
Community & HOA
Community
Subdivision: Springfield
Location
Region: Springfield
Financial & listing details
Price per square foot: $52/sqft
Annual tax amount: $38,000
Date on market: 6/20/2025
Cumulative days on market: 397 days
Estimated market value
Zestimate®
$1,180,400
Estimated sales range
$850,000 - $1.62M
Rent Zestimate®
$1,215/mo
Price history
Date
Event
Price
9/15/2025
Pending sale
$1,900,000$52/sqft
Source: RMLS Alliance as distributed by MLS GRID #CA1037328Report a problem
7/17/2025
Price change
$1,900,000-18.8%$52/sqft
Source: RMLS Alliance as distributed by MLS GRID #CA1037328Report a problem
6/20/2025
Listed for sale
$2,340,000$64/sqft
Source: RMLS Alliance as distributed by MLS GRID #CA1037328Report a problem
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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