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    Springfield, IL Triplexes for Sale

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    Grandview, IL Southern View, IL Sherman, IL
    Three Unit Investment Opportunity
    $160,000

    Three Unit Investment Opportunity

    817 E Stanford Avenue, Springfield, IL 62704

    Affordable three-unit property in Springfield, Illinois, perfect for rental portfolio.

    • Completely remodeled single‑family home (roof, siding, windows, HVAC, drywall, fixtures, flooring, kitchen, bath).
    • Three units on one parcel reduces property tax implications.
    • Includes a single‑family home and a duplex for diversified rental income.
    • Long‑term tenants in place in both the single‑family home and one duplex unit.
    • Duplex units are clean and easy to maintain.
    Updated: Mar 18
    View details
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Springfield, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Newly Built Brick Triplex
    $385,000
    3,300 SF

    Newly Built Brick Triplex

    New 2024 triplex with spacious units and ample parking.

    329 Rutledge Street, Worden, IL 62097
    View details
    Charming Three-Unit Investment Property
    $279,000

    Charming Three-Unit Investment Property

    Updated three-unit property with stained glass, hardwood floors, and tenants.

    307 S Mclean Street, Bloomington, IL 61701
    View details
    Bloomington Three-Unit Investment Property
    $120,000

    Bloomington Three-Unit Investment Property

    Fully leased three-unit property with immediate cash flow potential.

    820 W Washington Street, Bloomington, IL 61701
    View details
    New All-Brick Triplex Investment
    $385,000
    3,300 SF

    New All-Brick Triplex Investment

    Newly completed triplex with spacious units, ideal for investors.

    329 Rutledge Street, Worden, IL 62097
    View details

    Springfield, IL Triplexes Investment Opportunities Market Analysis

    Explore 1 triplexes for sale in Springfield, IL on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $160,000.

    Sale prices for three-family homes in Springfield, IL start at $160,000, averaging $160,000, and reaching up to $160,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Duplexes 12
    Apartment buildings 8
    Quadplexes 2
    Small apartment buildings 1
    Triplexes 1

    Property Size Breakdown

    The majority of commercial real estate listings in Springfield fall within the 100,000+ square foot range.

    Demographics Overview

    Population 138K
    Population Growth (5Y) +1.9%
    Median Household Income $70,314
    College Educated 9.5%

    High-Yield Neighborhoods for Investment

    Identify Springfield submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    62704 $160K

    Taxes & Financing

    Tax Rate (average for all types) 8.64%
    Average Loan-to-Value 65.0%

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