Built in 1909 and rich with timeless charm and elegance, this distinctive multi-family property in Historic Springfield offers exceptional flexibility and investment potential. The main residence is a classic quadplex, complemented by two additional homes at the rear of the property bringing the total to six rentable units. Architectural details abound, including a welcoming screened front porch, a screened sleeping…
The Story
324 east 7th street
Built in 1909 and rich with timeless charm and elegance, this distinctive multi-family property in Historic Springfield offers exceptional flexibility and investment potential. The main residence is a classic quadplex, complemented by two additional homes at the rear of the property bringing the total to six rentable units.
Architectural details abound, including a welcoming screened front porch, a screened sleeping porch on the second floor, and a bright sun porch with beautiful French windows just beyond. Each apartment in the main house features a one-bedroom, one-bath layout. The roof was replaced in 2019, and the garage apartment features a durable metal roof. Two of the units present value-add opportunities with kitchen updates needed, and one bathroom requires a sink repair or replacement. One of the rear homes has been fully renovated, adding immediate appeal.The property also includes a private alley-access driveway leading to a two-car garage, which is part of the third residential structure. Currently, one of the rear homes is tenant-occupied, providing instant rental income. Ideal as an investment property, all six units can be rented to maximize income potential. Alternatively, this versatile estate offers multiple living configurations--convert the main house into a duplex and live in the upper level while generating income from the remaining units, or create a spacious single-family compound with separate accommodations perfect for extended family, guests, or a live-in nanny.
Facts & Features
Property Info
Price
$530,000
Completion Year
1,909
Living Space
3,490 sq ft
Floors
1
Bedrooms
6
Bathrooms
6
Garage
2 spaces
Features & Amenities
Garage / Parking
Secure and convenient space for cars, scooters, or guest vehicles.
Scenic View
Enjoy beautiful outlooks that bring the surroundings into your home.
Image Gallery
Explore Every Detail
Tell us where you are in your search
Interested in this, or something like it?
Yes, this is it
Drop your details and we will help you find what you are looking for.
Step 1 of 4
Not quite. Help me find the right one
Talk it through, or type it out. e.g. "4 bedrooms, walking distance to good schools, somewhere quiet near Jacksonville, under $2.4M."
Got it!
We're matching homes to what you described and will reach out shortly.