This 4,500 Square Foot, Six unit apartment building offers an outstanding investment opportunity with a variety of recent upgrades. The building itself, has undergone significant updating, including a new roof and all new siding in 2021. All six units have been renovated. With updates like multiple new HVAC systems and water heaters. the sale also includes an additional parcel to the west, with the potential to rebuild another six-unit structure on the site where a previous building stood. Prospective buyers should explore grant programs that may support this rebuilding opportunity, adding further value to the property. This is an ideal opportunity for investors looking for a property with minimal initial maintenance and significant growth potential. "Professional photography was taken prior to units being occupied"
83 days
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32
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Zillow last checked:
Listing updated:
Listed by:
Kyle T KillebrewMobl:217-741-4040,
The Real Estate Group, Inc.
Source: RMLS Alliance as distributed by MLS GRID,MLS#: CA1043403Originating MLS: Capital Area Association of Realtors
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 8
Bathrooms: 4
Heating
Forced Air
Cooling
Central Air
Appliances
Included: Range, Refrigerator, Water Heater
Laundry: None
Features
Basement: Crawl Space
Interior area
Total structure area: 2,752
Total interior livable area: 2,752 sqft
Property
Parking
Total spaces: 6
Parking features: Assigned
Lot
Size: 9,150 Square Feet
Dimensions: 150 x 61
Features: Level
Details
Parcel number: 1422.0401019
Construction
Type & style
Home type: MultiFamily
Property subtype: Multi Family, Apartment
Materials
Wood Siding
Roof: Shingle
Condition
New construction: No
Year built: 1993
Utilities & green energy
Sewer: Public Sewer
Water: Public
Community & HOA
Community
Subdivision: None
Location
Region: Springfield
Financial & listing details
Price per square foot: $138/sqft
Annual tax amount: $7,159
Date on market: 5/1/2026
Cumulative days on market: 83 days
Lease term: Variable
Tenant pays: Water
Road surface type: Paved
Estimated market value
Zestimate®
$362,900
Estimated sales range
$345,000 - $381,000
Rent Zestimate®
$1,181/mo
Price history
Date
Event
Price
6/13/2026
Pending sale
$379,900$138/sqft
Source: RMLS Alliance as distributed by MLS GRID #CA1043403Report a problem
6/5/2026
Price change
$379,900-5%$138/sqft
Source: RMLS Alliance as distributed by MLS GRID #CA1043403Report a problem
5/1/2026
Listed for sale
$399,900+95.1%$145/sqft
Source: RMLS Alliance as distributed by MLS GRID #CA1043403Report a problem
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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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