$499,900
PENDING

Estimated payment $3,155/month

Total Views 5,641
9 Beds
3 Baths
3,832 Sq Ft
$130 Price per Sq Ft

Highlights

  • Property is near public transit
  • Community Pool
  • Jogging Path
  • Wood Flooring
  • Tennis Courts
  • Porch

About This Home

Here’s your chance to own a solid 3-family home in one of Springfield’s most desirable rental markets – Forest Park! Whether you're looking to live mortgage-free or expand your investment portfolio, this property checks all the boxes.Featuring three spacious 3-bedroom, 1-bath units, the first floor has been completely renovated and is move-in ready—perfect for an owner-occupant or premium rent potential. The second and third floors are occupied by excellent long-term tenants with guaranteed rent, providing immediate cash flow.Enjoy a blend of classic charm and modern upgrades with original hardwood floors, newer luxury vinyl plank flooring, updated plumbing, and newer windows (APO). With nearly 4,000 sq ft of living space, off-street parking for 4 vehicles, and public water/sewer, this property is as practical as it is profitable. Live in one unit and let the other two pay your mortgage!Prime location for tenants—strong rental demand year-roundTurnkey opportunity!

Listing Agent

Raquel Medina

Lock and Key Realty Inc. Listed on: 06/26/2025

Lock and Key Realty Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,018

Year Built

  • Built in 1914

Lot Details

  • 5,367 Sq Ft Lot

Home Design

  • Triplex
  • Block Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 3,832 Sq Ft Home
  • Property has 1 Level
  • Living Room
  • Basement Fills Entire Space Under The House
  • Range

Flooring

  • Wood
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Parking

  • 4 Car Parking Spaces
  • Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Rain Gutters
  • Porch

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Rent includes unit 1(water), unit 2(water), unit 3(water)
  • Assessor Parcel Number S:12024 P:0012,2610894

Community Details

Amenities

  • Shops
  • Coin Laundry

Recreation

  • Tennis Courts
  • Community Pool
  • Park
  • Jogging Path
  • Bike Trail

Additional Features

  • 3 Units
  • Net Operating Income $34,020

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,018

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family - 3 Units Up/Down
  • Year Built: 1914
  • Levels: 3
  • Year Built Details: Actual
  • APOD AVAILABLE: No
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Wood, Vinyl, Laminate
  • Interior Amenities: Pantry, Bathroom With Tub & Shower, Living Room, Kitchen
  • Fireplace YN: No
  • Appliances: Range, Refrigerator
  • Total Bedrooms: 9
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full
  • Above Grade Finished Sq Ft: 3832
  • Living Area: 3832
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: AN5521
  • LIST PRICE PER Sq Ft: 130.45
  • PRICE PER Sq Ft: 130.45

Exterior Features

  • Exterior Features: Rain Gutters
  • Construction Materials: Frame
  • Foundation Details: Block
  • Home Warranty YN: No
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air, Natural Gas
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 3

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Laundromat, Bike Path, Highway Access, House of Worship, Public School
  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: S:12024 P:0012,2610894
  • Zoning: R1
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.12
  • Lot Size Area: 0.12
  • Lot Size Sq Ft: 5367
  • Lot Size Units: Acres
  • PAGE: 139

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 5018
  • Tax Book Number: 22396

Multi Family

  • Gross Income: 34020
  • Net Operating Income: 34020
  • Number Of Units Total: 3
  • Total Actual Rent: 2835
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,018 $320,000 $37,300 $282,700
2024 $3,063 $190,700 $37,300 $153,400
2023 $3,084 $180,900 $35,500 $145,400
2022 $3,162 $168,000 $35,500 $132,500
2021 $3,020 $159,800 $32,300 $127,500
2020 $3,074 $157,400 $32,300 $125,100
2019 $4,672 $237,400 $32,300 $205,100
2018 $4,475 $227,400 $32,300 $195,100
2017 $4,372 $222,400 $32,300 $190,100
2016 $3,865 $196,600 $32,300 $164,300
2015 $3,783 $192,300 $32,300 $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2025 07/15/25 Pending -- -- --
06/26/2025 06/26/25 For Sale $499,900 +284.5% $130 / Sq Ft
10/10/2018 10/10/18 Sold $130,000 -10.3% $33 / Sq Ft
09/11/2018 09/11/18 Pending -- -- --
07/19/2018 07/19/18 Price Changed $144,900 -6.2% $36 / Sq Ft
06/07/2018 06/07/18 For Sale $154,500 -- $39 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Available
Quit Claim Deed -- --
Foreclosure Deed $263,666 --
Deed -- --
Deed $268,000 --
Deed $225,000 --
Deed $85,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $3,100,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $890,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $160,000 New Conventional
Previous Owner $214,400 Purchase Money Mortgage
Previous Owner $180,000 Purchase Money Mortgage
Previous Owner $33,750 No Value Available
Previous Owner $40,000 No Value Available
Previous Owner $55,000 Purchase Money Mortgage
Source: Public Records

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Source: MLS Property Information Network (MLS PIN)

MLS Number: 73392513

MLS Property Information Network (MLS PIN)

APN: SPRI-012024-000000-000012