512 E Oak St #514
Springfield, IL 62703
Near South- Studio
- 968 sqft
Studio
968 sqft
Local Information
-- mins to
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
|
|---|
Year Built Year Built: 1960 |
Property Type / Style Property Type: Multi Family |
Price History for 512 E Oak St #514
| Date | Price | Event | Source |
|---|---|---|---|
| 06/15/2021 | ListingRemoved | RE/MAX International | |
| 04/12/2021 | $139,900 | Pending | RE/MAX International #CA1003545 |
| 03/11/2021 | $139,900 | Listed For Sale | RE/MAX International #CA1003545 |
Market trends in Springfield
Last updated May 2026
Avg. sale price
$167K
$1.42KMoM
Sale-to-List Price
99.1%
0.8%MoM
Price per sq ft
$110
$4MoM
Available listings
282
33MoM
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
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 512 E Oak St #514.
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.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Apartments for Rent
Homes for sale near 512 E Oak St #514
Off Market Homes Near 512 E Oak St #514
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.

