Duplex With New
For Sale
Under Contract
$142,500
318 S STATE Street, Springfield, IL 62704
MULTI_FAMILY - Springfield, IL
Days on Market218
Property Features for 318 S STATE Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
5
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 1, Bathroom 1, Bathroom 3, Bathroom 2, Bedroom 2, Bedroom 3, Bedroom 5, Bedroom 4
Interior features
Cable Available
Basement
Full
Lot features
Level
High school
Springfield
Directions
From MacArthur East on Monroe, south on State, unit on right.
Standard status
Active Under Contract
APN
14330130007
Taxes and HOA fees
Tax Year
2024
Tax Description
See county records
Tax Annual Amount
3546
Legal Description
See county records
Utilities
Heating system
Baseboard, Forced Air, Electric (Heating), Natural Gas
Water source
Public
Building Details
Year built
1900
Number of units
2
Building materials
Vinyl Siding
Roof type
Shingle
Listing Agency:
Keller Williams Capital · Keller Williams Realty
(217) 303-8445
Listed By:
Edward Bowen
(217) 414-3509
Added: Dec 24, 2025
Changed: Jul 30
Last Checked: Jul 30 at 11:06PM
MLS# CA1041072
Copyright © 2026 RMLS Alliance. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This duplex has been extensively updated with major exterior and interior improvements. The property features a new 50-year roof, along with updated plumbing, electrical, siding, insulation, gutters and downspouts. Interior work includes plaster removed to studs with new drywall installed, new flooring, and new kitchen cabinets and appliances in unit 2. The property also has a new HVAC system for the third level. Cable is listed as available, and the home has public water.
Built in 1900, the structure includes vinyl siding and a shingle roof. Heating is described as a combination of baseboard and forced air, with electric heating and natural gas.
The property is being sold AS-IS only. At this time, only unit 2 is available for showings.
Built in 1900, the structure includes vinyl siding and a shingle roof. Heating is described as a combination of baseboard and forced air, with electric heating and natural gas.
The property is being sold AS-IS only. At this time, only unit 2 is available for showings.
Key Highlights
- New 50‑year roof plus updated plumbing, electrical, siding, insulation, gutters and downspouts
- Plaster removed to studs with new drywall installed and new flooring throughout
- Unit 2 includes new kitchen cabinets and appliances
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
664
Businesses Nearby
Explore this area
Business Placement
Demographics for 62704, IL
39,157
Population
20,706
Households
1.9
Avg Household Size
40
Median Age
42%
College-Educated
95%
High-School Grad
12.2 sq mi
ZIP Area
3,210
Density / Sq Mi
$66,352
Median Household Income
$44,793
Median Earnings
$924
Median Rent
$166,900
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Updated duplex with a new 50-year roof and extensive interior and exterior improvements, including new plumbing, electrical, siding, and insulation.
Where is this duplex located?
The property is located at 318 S STATE Street Springfield, IL.
What is the asking price?
The asking price for this property is $142,500.
What are key features of this property?
This property features: New 50‑year roof plus updated plumbing, electrical, siding, insulation, gutters and downspouts; Plaster removed to studs with new drywall installed and new flooring throughout; Unit 2 includes new kitchen cabinets and appliances
