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    Springfield, IL Multifamily Properties for Sale

    24 results
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    Springfield Duplex with Cash Flow
    $80,000

    Springfield Duplex with Cash Flow

    830 W Jefferson St, Springfield, IL 62702

    Maintenance-free duplex in Springfield with recent updates and strong cashflow.

    • Maintenance‑free exterior with vinyl siding
    • Great cash flow potential as a duplex
    • Unit #1 features a new kitchen and bathroom
    • Two new furnaces and two new water heaters installed
    • Roof replaced in 2017 (shingle)
    Updated: Jan 2
    View details
    Springfield Duplex with New Roof
    Pending
    $98,500

    Springfield Duplex with New Roof

    1129 S Spring St, Springfield, IL 62703

    Maintenance-free duplex with new roof and boiler for sale.

    • New 50‑year metal roof offers long‑term durability and reduced maintenance.
    • New boiler ensures efficient and reliable heating.
    • Maintenance‑free exterior (vinyl siding) reduces upkeep.
    • Potential for good cash flow makes it an attractive investment.
    • Can be purchased with neighboring properties (830 W Jefferson Street & 318 S State) for portfolio expansion.
    Updated: Jan 2
    View details
    Income Opportunity Near Lanphier High
    Pending
    $68,000

    Income Opportunity Near Lanphier High

    Multifamily property near Lanphier High School in Springfield, Illinois.

    1205 Converse Ave, Springfield, IL 62702
    View details
    Investment Opportunity: Apartment Buildings and House
    Pending
    $89,000
    2.73 Acres

    Investment Opportunity: Apartment Buildings and House

    Two apartment buildings (11 units) and a house needing renovation.

    3011 Niccolls Rd, Springfield, IL 62703
    View details
    Springfield Duplex with Recent Renovations
    $150,000

    Springfield Duplex with Recent Renovations

    Renovated duplex with new roof, plumbing, electrical, and HVAC.

    318 S State St, Springfield, IL 62704
    View details
    Springfield Duplex Near Medical District
    Pending
    $99,900

    Springfield Duplex Near Medical District

    Move-in ready duplex in Springfield, ideal for investment.

    1224 N Rutledge St, Springfield, IL 62702
    View details
    Income-Producing Four-Unit Property
    Pending
    $225,000

    Income-Producing Four-Unit Property

    Four-unit property in Grandview, IL with immediate rental income.

    2173 N Grand Ave, Springfield, IL 62702
    View details
    Well-Maintained Brick Multi-Family Property
    $625,000
    0.15 Acres

    Well-Maintained Brick Multi-Family Property

    Updated 2-flat in Westchester, ideal for investors or families.

    3036 Downing Ave, Westchester, IL 60154
    View details
    Historic Multifamily Building in Springfield
    Pending
    $399,000
    1.80 Acres

    Historic Multifamily Building in Springfield

    15,000 sqft historic building with 26 studio units.

    541 E Black Ave, Springfield, IL 61702
    View details
    Triplex Investment Opportunity in Springfield
    $129,900

    Triplex Investment Opportunity in Springfield

    Triplex in Harvard Park with income potential.

    2339 S 10Th St, Springfield, IL 62703
    View details
    Springfield Multifamily Investment Opportunity
    $599,900
    0.48 Acres

    Springfield Multifamily Investment Opportunity

    Well-maintained 8-unit apartment complex near Medical District.

    2875 Taylor Ave, Springfield, IL 62703
    View details
    Historic Springfield Building: Investment Opportunity
    $99,500
    0.28 Acres

    Historic Springfield Building: Investment Opportunity

    Historic three-story building near Lincoln's Home, ideal for restoration.

    703 S 8Th St, Springfield, IL 62703
    View details
    Springfield, IL Land For Sale
    $72,000

    Springfield, IL Land For Sale

    Duplex property for sale in Springfield, Illinois.

    4610 Boone Dr, Springfield, IL 62711
    View details
    Springfield Multifamily Investment Opportunity
    Pending
    $399,000

    Springfield Multifamily Investment Opportunity

    Six-unit apartment building near downtown Springfield.

    1001 S 1St St, Springfield, IL 62704
    View details
    Income-Producing Duplex Near Downtown
    $225,000

    Income-Producing Duplex Near Downtown

    Well-maintained duplex near downtown Springfield, ideal for investors or owner-occupants.

    811 W Governor St, Springfield, IL 62704
    View details
    Well-Maintained Springfield Multi-Family Complex
    $179,900

    Well-Maintained Springfield Multi-Family Complex

    Two-unit complex with modern amenities and shared outdoor space.

    1211 W Lawrence St, Springfield, IL 62704
    View details
    Springfield Investment Property For Sale
    $168,000
    0.27 Acres

    Springfield Investment Property For Sale

    Four-unit investment property in Springfield with stable rental income.

    212 W Laurel St, Springfield, IL 62704
    View details
    Springfield, IL Land For Sale
    $72,000
    0.29 Acres

    Springfield, IL Land For Sale

    Residential land available in Springfield, Illinois.

    4614 Boone Dr, Springfield, IL 62711
    View details
    Well-Maintained Apartment Complex Investment
    $859,900

    Well-Maintained Apartment Complex Investment

    Turnkey 12-unit apartment complex in excellent location.

    2309 W Lawrence Ave, Springfield, IL 62704
    View details
    Springfield Triplex in Lincoln Park
    Pending
    $87,000

    Springfield Triplex in Lincoln Park

    Triplex in Lincoln Park area, ideal for multifamily investment.

    1453 N 3Rd St, Springfield, IL 62702
    View details
    Springfield Multifamily Investment Opportunity
    Pending
    $1,000,000

    Springfield Multifamily Investment Opportunity

    Two buildings with nineteen 1BR units and one office.

    1025 S 5Th St, Springfield, IL 62703
    View details
    Income-Producing Fourplex Near Washington Park
    $150,000

    Income-Producing Fourplex Near Washington Park

    Fourplex near Washington Park, generating solid rental income.

    545 S Lincoln St, Springfield, IL 62704
    View details
    Duplex Near Washington Park
    $130,000

    Duplex Near Washington Park

    Two-unit duplex near Washington Park with potential for rental income.

    1219 W Lawrence Ave, Springfield, IL 62704
    View details
    Illinois 6-Unit Housing Portfolio
    $2,506,600

    Illinois 6-Unit Housing Portfolio

    High-Yield Multifamily Investment

    3609 Iles Ave, Springfield, IL 62711
    View details
    Based on your search, we've compiled Potential Opportunities for your consideration. Besides 24 Active Listings in Springfield, IL, we suggest to view alternatives - similar 327 Off-Market properties to explore as potential leads.

    Springfield, IL Multifamily Properties Investment Opportunities Market Analysis

    Explore 350 multifamily properties for sale in Springfield, IL, showcased through 24 active listings on our real estate platform. These investment opportunities span a total of 1,797,338 square feet of properties for sale, with an estimated market value of $96,102,400.

    Prices for multifamily properties in Springfield, IL start at $72,000, averaging $490,318, and reaching up to $3,855,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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    Browse Multifamily properties for Sale Near Springfield, IL

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    Most Searched ZIP Codes in Springfield, IL

    • 62704
    • 62702
    • 62703
    • 62711
    • 60154
    • 61702
    • 62712
    • 60005

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