BEDS4
BATHS2 full
MLS#12664625
STATUSNew
PROPERTY TYPEMulti Unit - Multiple
SCHOOLDistrict 186
Property Description
Affordable Entry-Level Duplex Investment. High-Demand Rental Area 2 Blocks from Washington Park. Excellent opportunity for first-time investors or those looking to expand their portfolio with an affordable, income-producing property. New shingle roof, gutters, and windows in 2014. Interior of both units remodeled in 2016. New rubber roof over sunrooms in 2024. Current Rent: $2,050/month. Lease Terms: month-to-month. Low barrier to entry with strong rental demand. Potential to improve returns through light value-add upgrades. This property is ideal for house hacking, long-term rental income, or as a stable addition to a diversified portfolio. Investment Highlights: Attractive price point for new investors. Strong rental demand in the area-opportunity for forced appreciation. Renting below current market rates. Great location in Springfield, IL, only 2 blocks away from Washington Park. Property is being sold in as-is condition.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Unfinished, Block, Full
Heating: Other
Home Style: Bi-Level
Lot Size: 0.09 Acres
Roof Type: Asphalt, Rubber
Taxes: $4,311
Year Built: 1940
Feature Descriptions
Exterior: Aluminum Siding
Lot: Corner Lot
Lot Dimensions: 45x 90
Parcel#: 14330377032000
Parking: No Garage, Yes, Garage Owned, Attached, Off Street, Owned, Garage
Sewer: Public Sewer
Total Rooms: 14
Township: Capital
Water: Public
Local Schools
Middle School: Franklin Middle School
Elementary School: Graham Elementary School
School District: District 186
Listed By / Shown By
Listed By
Agency Name: Realty One Group Inc.
Agency Phone: 773-427-9200
Shown By
Agent Name: Royce Mignone
Agent Phone: (815) 252-9997
Agency Title: Dickerson & Nieman Realtors
Estimate Your Payment
Estimated Payment
$ 925.63 per month $500.75 Principal & Interest $359.25 Property Tax $65.63 Homeowner's InsuranceChange Payment Information
Member Participants (and their affiliated licensees, if applicable) shall indicate on their websites that IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Privacy Policy / DMCA Notice / ADA Accessibility
This site is hosted, designed and copyright
© 1994 - 2026 by
Delta Media Group, Inc. -- Patent Pending --
701 W Vine Street | MLS# 12664625
This multi-family property located at 701 W Vine Street, Springfield, IL 62704 is currently listed for sale with an asking price of $225,000. W Vine Street is located within the District 186 school district. Search Springfield real estate on roycemignone.dickersonnieman.com today.