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$225,000
4
beds
2
baths

701 W Vine Street
Springfield, Illinois 62704

New / MLS #12664625 / Multiple Unit (2-4) / Springfield
Listing information updated 6/11/2026 at 6:04am
Affordable Entry-Level Duplex Investment. High-Demand Rental Area 2 Blocks from Washington Park. Excellent opportunity for first-time investors or those looking to expand their portfolio with an affordable, income-producing property. New shingle roof, gutters, and windows in 2014. Interior of both units remodeled in 2016. New rubber roof over sunrooms in 2024. Current Rent: $2,050/month. Lease Terms: month-to-month. Low barrier to entry with strong rental demand. Potential to improve returns through light value-add upgrades. This property is ideal for "house hacking," long-term rental income, or as a stable addition to a diversified portfolio. Investment Highlights: Attractive price point for new investors. Strong rental demand in the area-opportunity for forced appreciation. Renting below current market rates. Great location in Springfield, IL, only 2 blocks away from Washington Park. Property is being sold in "as-is" condition.
Architecture Style:
Bi-Level
Exterior Type:
Aluminum Siding
Basement:
Unfinished,Block,Full
Beds Above Grade:
4
Heating System:
Other
Pool:
No
Age:
81-90 Years
Roof Type:
Asphalt,Rubber
Parking Type:
Garage - No Garage,Yes,Garage Owned,Attached,Off Street,Owned,Garage
Parking Spaces:
6
Room Count:
14
Water Front:
No
Square Feet:
N/A
Lot Size:
Less Than .25 Acre
Tax Amount:
$4,311
Tax Year:
2025
Zip Code:
62704
City:
Springfield
County:
Sangamon
School District(s):
186
Elementary School:
Graham Elementary School
Middle School:
Franklin Middle School
High School:
N/A

Listing Office: Realty One Group Inc.

Listing Office Phone: 773.427.9200

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 6/11/2026 at 6:04am. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.

$164,068
Average Sale Price
68
Average Days On The Market
85%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 701 W Vine Street, Springfield, IL 62704
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701 W Vine Street, Springfield, IL 62704 is a multiple unit (2-4) currently listed at $225,000. 701 W Vine Street features 4 Beds, 2 Baths. This multiple unit (2-4) has been listed on @properties Christie's International Real Estate since June 8th, 2026 and was built in 1940. Nearby schools include Graham Elementary School and Franklin Middle School.

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@properties Christie’s International Real Estate, the @properties Christie’s International Real Estate’s logo, and other various trademarks, logos, designs, and slogans herein are the registered and unregistered trademarks of At World Properties, LLC d/b/a @properties Christie’s International Real Estate.
Because At World Properties, LLC d/b/a @properties Christie’s International Real Estate and/or its owners have an interest in Proper Title, LLC, OriginPoint, A Rate Company, Christie’s International Real Estate, LLC, and Suburban Jungle, LLC, a referral to any of these entities may provide @properties Christie’s International Real Estate with a financial or other benefit. Working with @properties does not require you to use the services of any of these entities.
At World Properties, LLC and its subsidiaries do not discriminate against the use of Housing Choice Vouchers. Se Aceptan Vales de Elección de Vivienda.
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