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$49,900
3 Beds 1 Baths 1048351 MLS
Investor opportunity with significant upside. This property sustained a kitchen fire, with the heaviest visible fire and smoke damage concentrated in the kitchen and adjoining living areas. Several walls and ceilings have already been opened to the framing. Notable existing improvements include upgraded wiring, a newer electrical panel, PEX water lines, PVC drain lines, a high-efficiency furnace, A/C equipment, vinyl windows, vinyl siding, and a wooden rear deck. The property also offers a full basement and deep backyard. Because the utilities are off, the condition and functionality of all electrical, plumbing, HVAC, and other mechanical systems are unverified. Estimated renovation cost is approximately $50,000 to $60,000, with an estimated after-repair value of approximately $180,000. These figures are estimates only. Buyers must independently verify the property's condition, repair scope, costs, square footage, and resale value. All utilities are off and will not be activated by the seller. Property is being sold strictly AS IS, WHERE IS. Seller will make no repairs or warranties. Cash, hard money, or renovation financing recommended, as the property may not qualify for traditional financing. Highest and best offers are due by 5:00 PM ET on Thursday, September 17, 2026.

1624 N Sweetbriar Ln, Springfield

$134,900
6 Beds 3 Baths 1047879 MLS
SPACIOUS, RENOVATED SIDE-BY-SIDE DOUBLE WITH 7 BEDROOMS, 3 FULL BATHS AND ESTIMATED GROSS RENTAL POTENTIAL OF $2,400 PER MONTH. Offering approximately 3,242 square feet, 131 E Southern features 4 bedrooms and 2 full baths, while 133 E Southern offers 3 bedrooms and 1 full bath. The 133 side has been completely remodeled with a new kitchen, new bathroom, new flooring throughout, fresh paint, new doors, LED lighting, switches and outlets. The 131 side has also undergone substantial improvements. Major capital items have already been addressed, including a brand-new roof, vinyl windows throughout, and separately metered gas and electric. Exterior improvements include fresh paint and repairs to the aluminum siding. Both units offer tall ceilings, spacious rooms, covered front porches and backyard access. With no tenants above or below, the side-by-side layout provides added privacy. Estimated market rents are $1,250 for the 4-bedroom, 2-bath unit and $1,150 for the renovated 3-bedroom, 1-bath unit, creating potential gross income of $28,800 annually. Owner pays water; occupants pay separately metered gas and electric. An excellent opportunity for an investor seeking a substantially improved rental or an owner-occupant looking to offset the mortgage with income from the adjoining unit. Conveniently located near South Limestone Street, downtown Springfield and I-70.

131-133 E Southern Ave, Springfield

$79,900
4 Beds 2 Baths 1047488 MLS
Welcome to 246 S Hubert Ave, a spacious Springfield home offering over 1,800 square feet of living space with large bedrooms and plenty of room to spread out. This property has been updated with many important improvements, including a high-efficiency furnace, 100 amp breaker box, updated bathrooms, newer kitchen cabinets, PEX plumbing, vinyl siding, vinyl windows, and a dimensional shingle roof. The home features a functional layout with generously sized rooms and an unfinished basement providing additional storage space. Whether you are looking for a comfortable home or a solid investment opportunity, this property offers excellent potential with an estimated rental value of approximately $1,700 per month. Don't miss the opportunity to own this home with major updates already completed and strong long-term value.

246 S Hubert Ave, Springfield

$289,900
1047454 MLS
This home was once a 4 unit and could easily be turned back into one. With multi-use zoning and building in back the income potentional of this property is appealing. Historic Springfield home offering over 4,300 square feet of beautifully updated living space with the timeless charm, craftsmanship, and space rarely found in newer homes. This exceptional property features 6 bedrooms, 3 full baths, 1 half bath, and 3 updated kitchens with granite countertops. Original oak hardwood floors and beautiful wood trim are showcased throughout, while extensive updates provide modern comfort and peace of mind. Major improvements include a new slate roof with copper gutters installed in 2013 at a cost of $122,000, 43 new windows installed in 2016 at a cost of $33,000, and a new roof on the brick carriage house installed in 2022 at a cost of $15,000. Additional updates include tuckpointing of both the house and carriage house, remodeled bathrooms with granite and marble finishes, and updated electrical and plumbing systems. The second floor features impressive 11½-foot ceilings, and the home also offers an enormous attic with abundant storage or future expansion potential. Zoned Multi-Use, this truly one-of-a-kind property offers endless possibilities for residential, business, or investment use while blending historic elegance with exceptional quality and significant capital improvements. Stairs, some 2nd level flooring, and a bedroom need finished.

649 E High St, Springfield

$289,900
6 Beds 4 Baths 1046754 MLS
Historic Springfield home offering over 4,300 square feet of beautifully updated living space with the timeless charm, craftsmanship, and space rarely found in newer homes. This exceptional property features 6 bedrooms, 3 full baths, 1 half bath, and 3 updated kitchens with granite countertops. Original oak hardwood floors and beautiful wood trim are showcased throughout, while extensive updates provide modern comfort and peace of mind. Major improvements include a new slate roof with copper gutters installed in 2013 at a cost of $122,000, 43 new windows installed in 2016 at a cost of $33,000, and a new roof on the brick carriage house installed in 2022 at a cost of $15,000. Additional updates include tuckpointing of both the house and carriage house, remodeled bathrooms with granite and marble finishes, and updated electrical and plumbing systems. The second floor features impressive 11½-foot ceilings, and the home also offers an enormous attic with abundant storage or future expansion potential. Zoned Multi-Use, this truly one-of-a-kind property offers endless possibilities for residential, business, or investment use while blending historic elegance with exceptional quality and significant capital improvements. Stairs, some 2nd level flooring, and a bedroom need finished.

649 E High St, Springfield

$690,000
4 Beds 3 Baths 1034977 MLS
This newly renovated & re-imagined duplex in the heart of the Brain All subdivision is a prime opportunity for the next business-minded buyer! Located in an area known for its rich entrepreneurial heritage, this corner property has been transformed into a Self-Care Beauty Multi-Plex, offering a perfect blend of modern convenience & historic charm. This unique business complex is a HUGE money maker with weekly cash-flow! *Weekly Cash Flow: 4 Fridays-$5637 or 5 Fridays-$6425 (Current rates with 1 suite vacancy) The main level features 9 fully equipped salon suites, complete w/ shampoo bowls, stylish suits & ample lighting. Designed w/ contemporary hard surface flooring, white trim, & sleek doors, the interior creates a fresh, professional atmosphere. All suites are rented on a weekly basis, w/ just one currently available for a new tenant. The average suite size is 9x11 with 2 larger suites measuring 11x11.This level also offers 2 handicap accessible bathrooms plus a BIG entry waiting space. There's even an office suite; 11x11 w/ a private entry. For added convenience, a 9x10 community laundry/washroom is available for suite owners, making daily operations smooth & hassle-free. The property boasts a low 5% vacancy rate, proving its strong rental history. *Upper Level Income: Monthly=$2050 On the upper level (with outside entry) houses 3 fully rented apartments. 1 unit offers 2 bedrooms, 1 bath, kitchen & living room. These units have new cabinetry, hard surface flooring and same neutral interior paint.The stairway leads to the common area used for communal laundry facilities. These apartments are a great source of additional steady income. There is off street parking available behind building. Graveled lot. Back door exit accessible. Significant improvements including: new flooring in all units, updated plumbing, New flat roof. New HVAC system ensuring that this property is in move-in condition; turn-key business operation & equipped for the future!

1701 Lexington Ave, Springfield

$119,900
3 Beds 2 Baths 1036927 MLS
Welcome home to this Southeast in the City classic 2 story. The corner lot location makes this one even more appealing to a buyer's checklist! The welcoming front porch is the perfect perch to be on during most seasons of the year. Enter a long entry hall that leads the way to a lounging front living room. Plenty of natural light streaming from all corners. New neutral carpeting and painting make it easy to move right in and add your own personal touch! The kitchen is large in size so entertaining and hosting parties is a breeze. There is room for a working island and a cozy breakfast nook overlooking the backyard space. Updated cabinetry, counter top, sink & faucet polish up the look of the prep room.The 1st floor bedroom is located off of this room. Easy access to the backyard with the back door as well. The upper level houses 2 large bedrooms with ample closet space. Secondary Bedroom 2 has double closet space for more ample storage.The hallway full bath has been renovated and given a re-fresh. The basement has the laundry facilities as well as the mechanicals. Good storage available. There is a walk-out door that leads onto the sidewalk along the corner. Enjoy an open back yard that is fully fenced and a double gate is located near the back alley for easy load in when needed. Lots of playing room & garden green space for the coming sunny months. Improvements: (per seller) Updated kitchen including flooring. All flooring on 1st & 2nd floors new; LVP flooring & neutral carpeting. Vinyl replacement windows.

550 E Rose St, Springfield