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About This Home
This 4-bedroom, 4-bathroom residential multi family at 141 N DOUGLAS Avenue in Springfield, IL is listed for $185,000. Built in 1978, on a 0.16 acres lot.
BACK ON THE MARKET through no fault of the seller! Income-Producing Duplex - 141 & 143 N Douglas | One Tax IDThis well-maintained side-by-side duplex sits in a quiet, established neighborhood with excellent convenience. Just minutes from downtown, shopping, hospitals, and schools, it offers strong tenant appeal and easy management.Unit Highlights:1
41 N Douglas - Immediately available and recently refreshed with brand-new luxury vinyl plank (LVP) flooring and fresh paint throughout. Move-in ready for a new tenant. The roof on both units was new in the fall of 2025! 143 N Douglas - Currently occupied by a long-term, reliable renter.
Both units feature identical floor plans with 2 bedrooms, 1 bathroom, in-unit laundry hookups, and a private attached garage with automatic opener. The layout is functional and attractive to tenants seeking single-level living with convenient parking.Rental & Expense Structure: Tenants are responsible for their own electric, trash, mowing, and snow removal.
The owner covers water and sewer - keeping operating costs predictable and low.This turnkey duplex is perfect for investors looking for immediate cash flow from one occupied unit plus the upside of a newly updated vacant unit ready to lease at current market rates. Strong location, low-maintenance design, and solid rental history make it a smart addition to any portfolio.
Key Features
- Built in 1978
- 0.16 acre lot
- 2 parking spaces
Property Details
Amenities
Monthly Cost Estimate
$989/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
141 N DOUGLAS Avenue
Springfield, IL 62702
Property Details
Construction
Parking
Heating
Cooling
Questions & Answers
This 4-bedroom, 4-bathroom residential multi family at 141 N DOUGLAS Avenue is listed at $185,000. The estimated monthly payment is $802 based on 20% down at 6.5% interest.
Key features include: Built in 1978, 0.16 acre lot, 2 parking spaces.
This property is listed by Donna Fedor and can be reached at 2177415210 or donna.e.fedor@gmail.com.