Great opportunity to live in one unit and rent the other or add a cash flowing property to your portfolio. This versatile property features two living spaces on one lot, providing built-in income from day one. The main home (824 W Elm St) offers 3 bedrooms, 2 baths and 1,216 sq ft and is currently leased for $1,150 per month. The separate upstairs apartment (826 W Elm St) includes 1 bedroom, 1 bath and 432 sq ft with its own private entrance and currently rents for $675 per month. Both units have already been remodeled and updated, making this a turnkey investment with a current combined monthly income of $1,825. Current rents are below market, offering additional upside and opportunity for increased cash flow over time. Whether you're an investor looking for solid rental income or a buyer wanting to offset your mortgage by renting the second unit, this property offers flexibility and income potential. Conveniently located near downtown Springfield, schools, restaurants, and everyday amenities.
EXP Realty LLCLicense #2017004006Listed on: 10/31/2025
Home Details
Home Type
Single Family
Est. Annual Taxes
$625
Year Built
Built in 1912
Lot Details
7,841 Sq Ft Lot
Level Lot
Mature Trees
Interior Spaces
1,648 Sq Ft Home
2-Story Property
City Views
Bedrooms and Bathrooms
4 Bedrooms
3 Full Bathrooms
Schools
Mcgregor Elementary School
Parkview High School
Additional Features
Front Porch
Forced Air Heating and Cooling System
Community Details
No Home Owners Association
Mccluers MM Subdivision
Listing and Financial Details
Assessor Parcel Number 1323140001
Home Details
Home Type
Single Family
Est. Annual Taxes
$625
Year Built
Built in 1912
Lot Details
7,841 Sq Ft Lot
Listing Details
Property Type: Residential
Property Sub Type: Single Family Residence
Shop Building Features Shop Building: No
Lot Size Acres: 0.18
Water Body Name: None
Subdivision Name: McCluers MM
Above Grade Finished Sq Ft: 1648.0
Architectural Style: 2 Story
Garage Yn: No
Living Area: 1648.0
New Construction: No
Year Built: 1912
Architecture 2 Story: Yes
Special Features: None
Interior Features
Fireplace Features Fireplace: No
Full Bathrooms: 3
Total Bedrooms: 4
Other Rooms:Apartment: Yes
Exterior Features
Patio And Porch Features: Front Porch
View: City
Waterfront: No
General Property Description:WaterfrontView: None
Lot Features:Level: Yes
View:City3: Yes
Patio and Porch Features:Front Porch: Yes
Lot Features:Mature Timber: Yes
Utilities
Cooling: Central
Heating: Forced Air
Sewer: Public Sewer
Cooling Y N: Yes
Heating Yn: Yes
Water Source: City Water
Heating:Forced Air: Yes
Heating Source:Other - See Remarks4: Yes
Condo/Co-op/Association
Association: No
Association/Amenities
Home Association Info:Home OwnersCondo Owners Association: None
Schools
Middle Or Junior School: SGF-Westport
Lot Info
Lot Features: Mature Timber, Level
Lot Size Sq Ft: 7840.8
Parcel #: 1323140001
Tax Info
Tax Year: 2024
Tax Annual Amount: 625.07
MLS Schools
Elementary School: SGF-McGregor
High School: SGF-Parkview
Map
Range of Values:
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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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 AssessmentTax 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.
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