Springfield, IL Multifamily Homes & Duplexes for Sale

Income-Producing Duplex – 141 & 143 N Douglas | One Tax IDThis well-maintained side-by-side duplex sits in a quiet, established neighborhood with excellent convenience. Just minutes from downtown, shopping, hospitals, and schools, it offers strong tenant appeal and easy management.Unit Highlights:141 N Douglas – Immediately available and recently refreshed with brand-new luxury vinyl plank (LVP)

DONNA FEDOR RE/MAX Professionals

Fully Occupied 10-Unit Investment Property on 6.5 Acres Excellent opportunity to own a 10-unit multifamily property located in the desirable Springfield High School District. This property consists of two 5-unit buildings (2510 & 2518 W Jefferson) and is fully rented with a total monthly income of $7,965. Tenants pay electric and gas. Owner pays water, sewer, trash, and mowing. Situated on 6.5

Debra Sarsany The Real Estate Group, Inc.

Turnkey Duplex | Cash Flow + House Hack Opportunity: Don’t miss this updated up/down duplex offering immediate income potential and owner-occupant flexibility. With one unit vacant and the other already rented, this is a perfect setup to start or grow your portfolio—or live in one unit while your tenant helps cover the mortgage. Main Floor Unit (Vacant & Updated): Move-in ready with brand new

Kyle Killebrew The Real Estate Group, Inc.

Fully occupied 4-plex with separate meters for gas, electric & water This investment comes with strong expense control in an efficient management scenario where all utilities are paid by tenants & the owner covers trash & on-site upkeep. 2 units are recently renovated with newer flooring, fixtures, appliances & more; 1 unit has newer windows. Evident general maintenance & practical improvements

Kyle Killebrew The Real Estate Group, Inc.

Excellent investment opportunity with this fully updated two-story property featuring two separate units—ideal for rental income or multi-generational living. Each unit offers its own private living space with open-concept layouts connecting the living and dining areas, creating a functional and inviting flow. The main floor unit includes two bedrooms and two full bathrooms, while the upper unit

Ketki Arya The Real Estate Group, Inc.

All brick 6 unit 1 story apartment building. Individual electric meters. All units occupied and being sold As Is. Tenants pay electric and gas. House meter for water and sewer pay by landlord.

Ben Call The Real Estate Group, Inc.

Looking for an owner-occupied, income producer, or need space for relatives? Take a look at this solid one-owner, 3200 approx. sqft., custom build, side-by-side brick ranch duplex. Unit 1 is almost 2000 Sqft with 3BDs and 2BA, very large kitchen opening to family room with fireplace. Formal living room has custom wood wall unit and bay window. Step-in shower in the primary bedroom. Each unit has

Roni Mohan RE/MAX Professionals

Great opportunity to own a 6 units just a couple blocks away from Lincoln Park. One building is a 4-plex and the other is a duplex. All fully occupied with a total gross monthly income of $3,850. New roof layover just installed in August 2024. New siding on the 4-plex. Tenant pays for all utilities. Owner pays for garbage expense.

JAMI WINCHESTER The Real Estate Group, Inc.

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

Kyle Killebrew The Real Estate Group, Inc.

Investors take a look at this property that has great cash flow. Currently rented for $1,580 and lease is good through 10/31/2026. Landlord pays for trash and utilities paid by the tenant. Recent improvements include a kitchen update including a recently added dishwasher, new counter tops and sink. Several light fixtures replaced. Flooring on stairway. 4bedrooms and 2 baths make at this price

JAMI WINCHESTER The Real Estate Group, Inc.

Attention investors: this duplex property is in need of renovation but has a lot of potential to generate the great incomes. Lower unit has 4 bedrooms with 1 bathroom, upstairs unit 1 bedroom with 1 bathroom, all electric in upper unit with separate electric meter, main level unit also has separate gas and electric meters, the owner paid water for both units. The price reflects the defects and

Jerry George The Real Estate Group, Inc.

Calling all investors! This super conveniently located rental property sits just blocks from Memorial Medical Center and SIU School of Medicine, and offers the perfect spot to house medical students and traveling nurses. Currently fully leased, so income will be immediately generated. This single family home was duplexed in the 1990's, and has seen replaced siding, windows, some updated HVAC, &

Joshua Kruse The Real Estate Group, Inc.

Great duplex with excellent rental history! Both units are occupied and will stay. Each unit are a 2 bedroom 1.5 bath Includes kitchen appliances, fridge, stove, dishwasher and the washer & dryer! Huge backyard with endless possibilities!

LISA HAGGERTY Keller Williams Capital

So much potential and so many possibilities accompany this property! This unique piece of ground is location on South 5th St, just outside of historic downtown Springfield. This property is so conveniently close to I-55 and I-72, an abundance of shopping, restaurants, grocery, and living conveniences, that you will not have to go far to get what you need. Built between 1915 and 1937, there are

Joshua Kruse The Real Estate Group, Inc.

This awesome, affordable investment is the perfect three unit package to add to your rental portfolio! With three units on the same parcel, you can reduce your property tax implications while maximizing rent profits! The single family home saw a complete remodel from the studs out, in the last 4 years. Roof, siding, windows, HVAC, drywall, fixtures, flooring, Kitchen, Bath, THE WORKS! Long term

Joshua Kruse The Real Estate Group, Inc.

This centrally located 6 unit complex is in a high traffic area, and has a very high occupancy rate. Three units are currently vacant after having performed some tenant clean up, and they are currently undergoing turnover rehab. With Four 2 bedroom/1 bath units, and Two 1 bedroom/1 bath, you will have options to offer incoming tenants. In 2019, the property received substantial updates to

Joshua Kruse The Real Estate Group, Inc.

Attention investors.... This 2 bed, 1 bath property is already tenant-occupied, providing immediate income from day one. Whether you're expanding your portfolio or getting started, this is a turnkey opportunity with built-in returns.

JAMI WINCHESTER The Real Estate Group, Inc.

Two houses on one property in the popular Southernview area of Springfield, IL—perfect for investors or multi-generational living! The first house is a remodeled 1-bed, 1-bath home with an additional bonus room. This 840 SF house boasts modern updates, central air, a walk-up attic, and a basement for extra storage. The property also features a 2-car garage and a fenced yard. The second house,

GREG ZESSIN Springfield Real Estate, LLC

*Investor Special* Currently tenant occupied. Just a short walk to Lanphier High School.

JAMI WINCHESTER The Real Estate Group, Inc.

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

Richard Wiese Wiese Properties Powered By Keller Williams

Attention investors! Don’t miss this well-maintained, income-producing duplex in the heart of Springfield’s Knox Knolls neighborhood. This property includes 232 Dickinson Rd. and 2345 Gillespie Ave., each offering 2 bedrooms and 1.5 baths. The Dickinson side features a 2 car garage, while the Gillespie side includes a 1 car garage. Both units share a fenced backyard, providing added appeal for

Melissa Vorreyer RE/MAX Professionals