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$425,000
Listing Price8beds
4baths
2,816sqft
8,015sqft lot
515 S New Ave, Springfield, MO 65806
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Full foreclosure details
Home value, equity and ownership info
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For Sale
Off Market
Home type
Price / sqft
Year built
Home Details
Wonderful 4plex filled with great tenants! Don't miss this opportunity to add 4 more rentals to your portfolio! Or if you are a first time investor, move into a unit and use the 'house hack' method with an FHA loan while renting out the other units! Talk to your lender about details and opportunities!This 4plex always rents out fast. Anytime there was a vacancy, it had 10+ applications and filled within a couple days. Currently bringing $3, 825 in monthly rent. Lease 1 - Month to Month $900Lease 2 - Month to Month $900Lease 3 - expires 7/31/2024 $1, 025Lease 4 - 1, 000 currently vacant to show but can be filled easily. Unit can stay vacant if future owner decides to move in using an FHA loan or VA loan. House Hack Opportunity. Private parking available for tenants and has a fence surrounding the area. DO NOT DISTURB TENANTS, all units will be able to be viewed with an accepted contract.
Interior Details
2816
8
4
Has Heating:
No
Heating Type:
N/A
Has Cooling:
No
Cooling Type:
N/A
Has Fuel:
No
Fuel Type:
N/A
Has Basement:
No
Basement Type:
Basement (unspecified)
Has Flooring:
No
Flooring Type:
N/A
Has Fireplace:
Yes
Fireplace Type:
N/A
Property Details
8015
Yes
Yes
Type:
N/A
Location:
N/A
Status:
N/A
Number of Spaces:
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Construction Details
Triplex
N/A
N/A
N/A
N/A
Tax History
Year
Amount
Land
Improvement
Percent Change
Assessment
2020
$1,069
$2,150
$16,570
--%
$18,720
2019
$1,038
$2,150
$16,570
--%
$18,720
2018
$1,276
$2,150
$20,860
--%
$23,010
2017
$1,263
$2,150
$20,860
--%
$23,010
2016
$1,148
$2,150
$18,810
--%
$20,960
2014
$1,146
$2,150
$18,810
--%
$20,960
2013
$1,115
$2,150
$18,810
--%
$20,960
2011
$1,087
$2,150
$19,570
--%
$21,720
Average Home Price in 65806
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Guides for New Ave
Springfield, IL’s real estate saw a peak value of $163K in Sep 2023 & a fall to $150K in Jan 2024. In Jun 2024, value was $145K. Neighboring cities show variable property values, with Sherman, IL at high end ($437K) and Dawson, IL at the lower end ($184K).
