512 E  Oak St #514, Springfield, IL 62703
OFF MARKET

512 E Oak St #514
Springfield, IL 62703

Near South
  • Studio
  • 968 sqft

$187,800

Trulia Estimate
as of Jun 30, 2026
Est. Refi. Payment $1,318/mo*

$187,800

Trulia Estimate
as of Jun 30, 2026
Est. Refi. Payment $1,318/mo*
Studio
968 sqft

Local Information

  • Map ViewExplore the area around 512 E Oak St #514.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

Fantastic income producing duplex property with both sides selling! There are 2-2 bedroom 1 bath units currently renting for $700/mo for each side. Each side has access to the basement where laundry is located for each unit on site. Several updates including the following: 2015 new furnace in #512, 2017 new windows in entire building, 2017 updated electrical boxes in both units, 2014 new kitchen appliances on both sides: microwave, stove, refrigerator, new kitchen cabinets in 2014, 2014 new carpet in bedrooms and tile in kitchen and baths, & new tub surrounds in both bathrooms. All new plumbing from house to road replaced in 2014. In 2019, new furnace was installed in unit #514. Roof was replaced approximately 10 years ago. Most updates have been done & current renters will stay. Both are up-to-date and unaffected by COVID-19.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources.

Home Highlights

Parking
No Info
Outdoor
No Info
HOA
None
Price/Sqft
No Info
Listed
Less than a day ago

Home Details for 512 E Oak St #514

Property Information

Year Built
Year Built: 1960
Property Type / Style
Property Type: Multi Family

Price History for 512 E Oak St #514

DatePriceEventSource
06/15/2021ListingRemovedRE/MAX International
04/12/2021$139,900PendingRE/MAX International #CA1003545
03/11/2021$139,900Listed For SaleRE/MAX International #CA1003545

Market trends in Springfield

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$167K
$1.42K
MoM
Sale-to-List Price
99.1%
0.8%
MoM
Price per sq ft
$110
$4
MoM
Available listings
282
33
MoM
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Comparable Sales for 512 E Oak St #514

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.29
Multi-Family Home
$68,000
04/10/26
4
2
1,401
0.30
Multi-Family Home
$100,000
10/06/25
8
4
2,664
0.36
Multi-Family Home
$60,000
01/30/26
4
3
2,585
0.29
Multi-Family Home
$235,000
04/30/26
4
2
5,390
0.09
Multi-Family Home
$12,500
05/29/26
5
2
1,587
0.54
Multi-Family Home
$160,000
08/01/25
5
3
3,028
0.67
Multi-Family Home
$96,000
01/28/26
3
2
2,078
0.62
Multi-Family Home
$39,500
08/28/25
-
3,103
0.82
Multi-Family Home
$82,000
05/15/26
6
2
1,920
0.37
Multi-Family Home
$105,000
05/28/26
2
2
1,425

Nearby homes

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Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Near South

At least 13 Trulia users voted on each feature.
  • 95 % Say it's dog friendly

  • 93 % Say parking is easy

  • 88 % Say there are sidewalks

  • 84 % Say yards are well-kept

  • 80 % Say car is needed

  • 71 % Say there's holiday spirit

  • 69 % Say it's walkable to restaurants

  • 64 % Say streets are well-lit

  • 64 % Say it's walkable to grocery stores

  • 59 % Say people would walk alone at night

  • 59 % Say neighbors are friendly

  • 59 % Say kids play outside

  • 53 % Say they plan to stay for at least 5 years

  • 43 % Say it's quiet

  • 37 % Say there are community events

  • 28 % Say there's wildlife

Sourced by Trulia users. Learn more about our methodology.
  • Brooklyn_yates
    "walking there dogs are safe in the neighborhood also makes the neighborhood hood fill safe n no bugular "

LGBTQ Local Legal Protections

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Homes for sale near 512 E Oak St #514

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Off Market Homes Near 512 E Oak St #514

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512 E Oak St #514, Springfield, IL 62703 is a studio, 968 sqft multi-family built in 1960. 512 E Oak St #514 is located in Near South, Springfield. This property is not currently available for sale. The current Trulia Estimate for 512 E Oak St #514 is $187,800.