Duplex & Multi Family For Sale in Sheman Avenue Project Area, Springfield

Great investment duplex close to Evangel University. Each unit has two bedrooms, one bathroom, and central HVAC. The unit in the back has a one car attached garage.

Excellent Investment Opportunity - Two Homes for $169,900!Two homes on one lot, offering a great opportunity for investors looking to expand their rental portfolio! Both properties are now vacant and available for immediate showings. Properties must be sold together.405 W. Nichols features 3 bedrooms, 2 bathrooms, and approximately 1,400 square feet. Updates within the last five years include a newer roof, HVAC system, and windows. Previously rented for $995 per month.413 W. Nichols offers 2 bedrooms, 2 bathrooms, and approximately 1,100 square feet. This home has also received updates within the last five years, including a newer roof, HVAC system, and windows. Previously rented for $820 per month.With a combined rental history of $1,815 per month, these properties offer excellent income potential. Both homes are vacant, allowing investors the flexibility to place new tenants or make improvements before leasing.

** 3 UNITS!** Uncover an exceptional investment opportunity with this unique property. This investment property is not only a slice of classic charm but also a potential goldmine for savvy investors seeking to maximize their real estate portfolio. The residence boasts a layout that's as functional as it is charming. With thoughtfully designed living spaces, tenants will find both comfort and practicality in their daily living experience. The property offers 3 units and each unit features two bedrooms. Positioned in a prime Springfield location, this property is within reach of local amenities, schools, parks, and downtown attractions. The neighborhood's balance between urban convenience and serene living is a magnet for potential tenants. Don't miss this incredible opportunity!

The Oaks Apartments offers a rare opportunity to acquire a 21-unitmultifamily property in a well-connected Springfield location, with virtually no comparable properties currently available on the market. The community features a mix of one- and two-bedroom apartments, many occupied by long-term residents, and maintains a low vacancy rate. Its proximity to Cox College, Cox North Hospital,Drury University and downtown Springfield supports demand from a diverse tenant base, while nearby public transportation provides residents with convenient access to employment, education, healthcare and city amenities. This combination of limited market availability, established occupancy and strategic location makes The Oaks Apartments a compelling addition to a multifamily investment portfolio.

Excellent income-producing opportunity just steps from Historic Commercial Street! This remodeled duplex features two 1-bedroom, 1-bathroom units, each with updated kitchens, new cabinets and appliances, a combination of new flooring and refinished hardwoods, fresh paint, and a new roof. Located just a short walk from Commercial Street, residents can enjoy a historic district that continues to attract local businesses, restaurants, coffee shops, and creative spaces. With ongoing investment and redevelopment on the C-Street corridor, this property offers an opportunity to invest in a neighborhood with an incredible community atmosphere. Property is zoned Center City. Both units are vacant and ready for tenants.

Introducing a unique opportunity in the heart of Springfield, where modern living meets convenience and investment potential. Welcome to this exceptional 10-unit multi-family complex, boasting an array of features that make it a standout choice in the real estate market.Formerly a thriving student housing project, this property is designed with the utmost attention to detail, ensuring both comfort and functionality for its residents. Built in 2015, it showcases contemporary architecture and quality craftsmanship that stands the test of time.Each unit within this complex offers a spacious and comfortable layout with 2 bedrooms and 2 bathrooms, providing ample space for residents to relax and unwind. But that's not all - the convenience of attached garages means residents can enjoy the luxury of protected parking and extra storage space, a sought-after feature that sets this property apart.Situated within walking distance from downtown Springfield, Hammons Baseball Field, and Missouri State University, this multi-family complex offers residents easy access to the vibrant cultural scene, sporting events, and educational opportunities that the city has to offer. It's the perfect blend of city living with the tranquility of a residential neighborhood.This 10-unit multi-family complex is a must-see opportunity. Don't miss your chance to own a piece of Springfield's vibrant real estate market. Your future in Springfield starts here.

Exciting Investment Opportunity! Three charming bungalows, nestled side by side, each boasting one bedroom and one bathroom, conveniently located just minutes away from our local colleges and the vibrant heart of Downtown Springfield. These three residences, situated at 1701, 1705 & 1709 E Chestnut St, are currently occupied by tenants, generating a combined monthly income of $1,995. All three properties feature brand new roofs, removed chimneys, 1701 has a new high-efficiency furnace 1705 and 1709 have brand new mini-split heating and cooling systems! At 1701, a loyal tenant of four years is currently paying $600 per month. At 1705, another loyal tenant of five years pays $650 per month. 1709 stands out, having undergone a full remodel, boasting brand-new luxury vinyl plank flooring, fresh interiors with new doors, trim, lighting, blinds, bathroom vanity, faucet, and a new window A/C unit. The tenant at 1709 currently pays $745 per month. These properties are professionally managed, ensuring seamless operations for investors who desire hassle-free management. Don't miss out on this prime investment! Properties are sold AS-IS, with the seller making no repairs.