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Sold on 06/14/2021

512-514 E Oak St, Springfield, IL 62703

  • $99,000

    Last sold 06/14/2021 for $133K

  • —

    bed

  • —

    bath

Multi-family not for sale
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About 512-514 E Oak St

Property type Multi-family
Neighborhood
Year built 1960
HOA fee $0/month
Movoto estimate
Rental estimate
Property description
Fantastic income producing duplex property with both sides selling! There are 2-2 bedroom 1 bath units currently renting for $700/mo for each side. Each side has access to the basement where laundry is located for each unit on site. Several updates including the following: 2015 new furnace in #512, 2017 new windows in entire building, 2017 updated electrical boxes in both units, 2014 new kitchen appliances on both sides: microwave, stove, refrigerator, new kitchen cabinets in 2014, 2014 new carpet in bedrooms and tile in kitchen and baths, & new tub surrounds in both bathrooms. All new plumbing from house to road replaced in 2014. In 2019, new furnace was installed in unit #514. Roof was replaced approximately 10 years ago. Most updates have been done & current renters will stay. Both are up-to-date and unaffected by COVID-19.
Listed by
Listing Office - RE/MAX Professionals
Source: RMLS Alliance mls logo
MLS#CA1003545 • last updated 3 years ago
Movoto checked RMLS Alliance for data 16 minutes ago
Overview
Heating Heating Systems - 2+, Gas, Central
Levels/Style Two Or More Story, Duplex
MLS # CA1003545
Status Sold
SubType Residential Income
Property Tax 2083.42
Year Built 1960
Interior
Laundry Owned Equipment, Private
Exterior
Roof Shingle
Construction Wood Siding
Parking On Street, Parking Pad
# of Parking Spaces 2
Lot Features Level
Amenities / Utilities
Water Source Public Sewer, Public
Location
Subdivision None
Elementary School Harvard Park
Middle School Jefferson
High School Springfield District #186
APN 22030157002
Directions Heading North On 6th Street, Turn Left On E. Oak Street, Duplex On Left
Multifamily Details
Total # of Units 2
Net Operating Income 31461
Expense: Water/Sewer 1080
Expense: Operating 2139
Gross Income 33600
Gross Scheduled Income 16800
Lot/ Land Details
Development Status Completed
$99K
Range: $50.4K-$147K
Last 30 days 
Rental est.: $984/month
Gross rent multiplier: 11.8
  • 512-514 E Oak St
    $133K
  • Near South
    $107K -4% y/y
  • 62703
    $98.7K -10% y/y
  • Springfield
    $222K +17% y/y
No chart available
Statistics calculated by Movoto

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2/10
Harvard Park Elementary School
public Grades PK, K-5
Springfield School District 186
1/10
Jefferson Middle School
public Grades 6-8
Springfield School District 186
2/10
Springfield Southeast High School
public Grades 9-12
Springfield School District 186
Source: GreatSchools.org © 2026. All rights reserved.

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  • IL
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  • 512-514 E Oak St
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