512 E Oak St #514
Springfield, IL 62703
Near South- Studio
- 968 sqft
Studio
968 sqft
Local Information
-- mins to
Home Highlights
Property Type
Multi-Family
Year Built
1960
Living Area
968 sqft
Price/Sqft
$148
About this House
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.
512 E Oak St #514, Springfield, IL 62703 is a studio, 968 sqft multi-family in Near South, built in 1960. It is currently off market. The Trulia Estimate is $143,200, with a rent estimate of $1,023/month.
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 June 2026
Avg. sale price
$171K
$4.67KMoM
Sale-to-List Price
99.7%
0.7%MoM
Price per sq ft
$112
$2MoM
Available listings
307
25MoM
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 | $300,000 | 06/22/26 | 6 | 4 | 5,083 | |
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 |
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.
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