For sale Home

Listed Oct 8, 2026

$249,990 Est. $1,653/mo

1501 5th Avenue West

  • 2

    Beds

  • 1

    Baths

  • 782

    Sq ft

The story

  • Basement

Over $50,000.00 in improvements since 2024! See a complete list of improvements in media photos. Welcome to a home where timeless charm meets thoughtful updates! From the inviting fireplace and original built-ins to the beautifully refinished hardwood floors, this Springfield home is filled with the kind of character that makes a house feel like home. Many of the major components have been updated, along with newer windows, doors, roof, and updated bath offering modern conveniences while preserving the home's original appeal. Outside, you'll find a spacious, level lot, a large concrete driveway with plenty of parking, and the added bonus of a one-car garage. In addition to its charm and thoughtful updates, this home also offers income-producing potential. Under the previous lease, the property generated over $19,000 in annual gross rental income, making it an appealing opportunity for both homeowners and investors. Located less than a mile from historic downtown Springfield, you're just minutes from local favorites like The Depot Bar & Grill, Historic Perk Coffee Shop, and The Colt Tavern & Wood Fired Pizza. Enjoy the charm of a vibrant downtown filled with locally owned shops, restaurants, and community events, all while having plenty of room to spread out and enjoy home. A wonderful blend of character, comfort, and small-town charm!

Facts & features

Home type

Home

Year built

1950

Floors

1

Price per sq ft

$320

Parking

1-car garage

Included features

  • Fireplace

    1 fireplace

  • Basement

    Yes

  • Cooling

    Central Air, Electric

  • Heating

    Electric

  • Appliances

    Electric Range, Dryer, Microwave, Refrigerator, Washer

  • Flooring

    Wood, Luxury Vinyl

  • Roof

    Asphalt

  • Lot Information

    Level

  • Water Source

    Public

  • Sewer

    Public Sewer

Mortgage calculator

Estimated monthly payment

$1,653 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $1,331
  • Property tax $250
  • Insurance $73

Includes principal, interest, taxes & insurance.

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Listing Broker

Wayfinder Real Estate Co.

Broker Name

Wayfinder Real Estate Co.

Agent

Jenny Bell