Real Estate Investment Properties for Sale in Springfield, IL

Looking for investment property in Springfield, IL with high ROI ?

Explore a variety of short-term homes & houses in Springfield, IL. Invest wisely with VRBO & Springfield, IL Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Multi Family for Sale in Springfield, IL

Search for Multi Family for Sale in Springfield, Illinois. Browse all of Mashvisor’s Multi Family listings and other investment property types including Single Family Homes, Multi Family Homes, Condos, Townhouses and Other Homes.

Showing 3 Multi Family listings of over 500,000 total investment properties for sale. Visit Mashvisor.com to all investment properties.

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
1001 S 1ST Street Springfield, IL Apartment Building features 6 units - 3 1 bedrooms - 3 2 bedrooms. New roof 2025, new entr...	6 beds \| 4 baths \| 5,520 sq.ft.	$399,000	Airbnb cash on cash: -0.38% Traditional cash on cash: -0.44% Airbnb Rental Income: $1372 Traditional Rental Income: $932 Airbnb ROI: -0.38% Traditional ROI: -0.44%
2309 W LAWRENCE Avenue Springfield, IL Well-Maintained 12-Unit Apartment Complex â Excellent Westside Location!This all-brick, ...	8 beds \| 4 baths \| 10,800 sq.ft.	$859,900	Airbnb cash on cash: -1.9% Traditional cash on cash: -0.95% Airbnb Rental Income: $1434 Traditional Rental Income: $1770 Airbnb ROI: -1.9% Traditional ROI: -0.95%
541 E BLACK Avenue Springfield, IL Imagine the possibilities!! This approx 15,000 sqft historic building is the birthplace of...	26 beds \| 27 baths \| 15,054 sq.ft.	$399,000	Airbnb cash on cash: -1.45% Traditional cash on cash: -0.14% Airbnb Rental Income: $1668 Traditional Rental Income: $1688 Airbnb ROI: -1.45% Traditional ROI: -0.14%
541 E BLACK Avenue Springfield, IL Imagine the possibilities!! This approx 15,000 sqft historic building is the birthplace of...	26 beds \| 27 baths \| 15,054 sq.ft.	$399,000	Airbnb cash on cash: N/A Traditional cash on cash: -2.52% Airbnb Rental Income: $null Traditional Rental Income: $798 Airbnb ROI: N/A Traditional ROI: -2.52%
Other Investment Properties for Sale in Springfield
2212 GREENBRIAR Road Springfield , IL Let's talk about curb appeal! This three-bedroom brick ranch home was recently landscaped ...	3 beds \| 2 baths \| 2,025 sq.ft.	$324,900	Airbnb cash on cash: 1.48% Traditional cash on cash: 3.98% Airbnb Rental Income: $1984 Traditional Rental Income: $2226 Airbnb ROI: 1.48% Traditional ROI: 3.98%
2357 S 8TH Street Springfield , IL This charming bungalow blends craftsmanship, modern updates & undeniable character in a ce...	2 beds \| 1 baths \| 965 sq.ft.	$119,500	Airbnb cash on cash: 3.59% Traditional cash on cash: 9.65% Airbnb Rental Income: $1211 Traditional Rental Income: $1519 Airbnb ROI: 3.59% Traditional ROI: 9.65%
29 Belhaven Drive Springfield , IL This sprawling Westchester ranch lives large across one expansive level with gorgeous bric...	4 beds \| 3 baths \| 2,148 sq.ft.	$224,900	Airbnb cash on cash: 2.89% Traditional cash on cash: 9.01% Airbnb Rental Income: $1859 Traditional Rental Income: $2665 Airbnb ROI: 2.89% Traditional ROI: 9.01%
1927 S COLLEGE Street Springfield , IL Discover this beautifully transformed home in the heart of Springfield, offering unbeatabl...	3 beds \| 2 baths \| 1,304 sq.ft.	$129,900	Airbnb cash on cash: 4.73% Traditional cash on cash: 10.76% Airbnb Rental Income: $1497 Traditional Rental Income: $1812 Airbnb ROI: 4.73% Traditional ROI: 10.76%
3149 BEAVER CREEK Lane Springfield , IL Take a look at this 3 bedroom, 2 bath home conveniently located need parks, retail and Lak...	3 beds \| 2 baths \| 1,879 sq.ft.	$349,900	Airbnb cash on cash: -0.62% Traditional cash on cash: 3.97% Airbnb Rental Income: $1040 Traditional Rental Income: $2187 Airbnb ROI: -0.62% Traditional ROI: 3.97%
2125 Dunwich Drive Springfield , IL This well-kept 3bed 2bath ranch sits on a quiet cul-de-sac in Northgate Subdivision with a...	3 beds \| 2 baths \| 1,272 sq.ft.	$159,900	Airbnb cash on cash: 4.67% Traditional cash on cash: 8.79% Airbnb Rental Income: $1645 Traditional Rental Income: $1811 Airbnb ROI: 4.67% Traditional ROI: 8.79%
105 Timberridge Drive Springfield , IL This is a MUST SEE! Well built all brick beautifully updated condo in The Timbers. Home ...	3 beds \| 3 baths \| 4,136 sq.ft.	$329,900	Airbnb cash on cash: 0.72% Traditional cash on cash: 4.11% Airbnb Rental Income: $1818 Traditional Rental Income: $2379 Airbnb ROI: 0.72% Traditional ROI: 4.11%
200 N Durkin Drive Springfield , IL Reap the benefits of the sellerâs hard work and investment in this move in ready 3 bedro...	3 beds \| 2 baths \| 1,428 sq.ft.	$235,000	Airbnb cash on cash: 2.7% Traditional cash on cash: 5.1% Airbnb Rental Income: $1818 Traditional Rental Income: $1860 Airbnb ROI: 2.7% Traditional ROI: 5.1%
6209 MACKENZIE Place Springfield , IL Welcome home to this sprawling 4 bedroom, 3.5 bathroom split floorplan ranch with a walk-o...	4 beds \| 4 baths \| 4,894 sq.ft.	$595,000	Airbnb cash on cash: -0.88% Traditional cash on cash: 2.89% Airbnb Rental Income: $1859 Traditional Rental Income: $3457 Airbnb ROI: -0.88% Traditional ROI: 2.89%
2054 BRENTWOOD Drive Springfield , IL This nicely updated, move-in-ready 3BR/2BA ranch with full basement & 2.5-car detached gar...	3 beds \| 2 baths \| 1,996 sq.ft.	$209,900	Airbnb cash on cash: 4.49% Traditional cash on cash: 8.44% Airbnb Rental Income: $1984 Traditional Rental Income: $2250 Airbnb ROI: 4.49% Traditional ROI: 8.44%
629 W WASHINGTON Street Springfield , IL This centrally located 6 unit complex is currently sitting at full occupancy, and very rar...	N/A beds \| N/A baths \| 3,300 sq.ft.	$350,000	Airbnb cash on cash: -1.16% Traditional cash on cash: 1.29% Airbnb Rental Income: $1372 Traditional Rental Income: $1759 Airbnb ROI: -1.16% Traditional ROI: 1.29%
2533 Charlack Avenue Springfield , IL Beautifully updated and move-in ready, this spacious 5-bedroom, 3.5-bath home offers room ...	5 beds \| 4 baths \| 3,080 sq.ft.	$349,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.26% Airbnb Rental Income: $null Traditional Rental Income: $3322 Airbnb ROI: N/A Traditional ROI: 7.26%
3606 SHERMAN Street Springfield , IL Expect to be charmed the minute you walk in the door! So much bigger on the inside than i...	3 beds \| 2 baths \| 1,650 sq.ft.	$160,000	Airbnb cash on cash: 1.07% Traditional cash on cash: 9.78% Airbnb Rental Income: $1040 Traditional Rental Income: $2009 Airbnb ROI: 1.07% Traditional ROI: 9.78%

Your search for investment property begins and ends here

Multi Family for Sale in Springfield, IL

1001 S 1ST Street

Springfield, IL

6 beds | 4 baths | 5,520 sq.ft.

$399,000

Airbnb cash on cash: -0.38%

Traditional cash on cash: -0.44%

Airbnb Rental Income: $1372

Traditional Rental Income: $932

Airbnb ROI: -0.38%

Traditional ROI: -0.44%

2309 W LAWRENCE Avenue

Springfield, IL

8 beds | 4 baths | 10,800 sq.ft.

$859,900

Airbnb cash on cash: -1.9%

Traditional cash on cash: -0.95%

Airbnb Rental Income: $1434

Traditional Rental Income: $1770

Airbnb ROI: -1.9%

Traditional ROI: -0.95%

541 E BLACK Avenue

Springfield, IL

26 beds | 27 baths | 15,054 sq.ft.

$399,000

Airbnb cash on cash: -1.45%

Traditional cash on cash: -0.14%

Airbnb Rental Income: $1668

Traditional Rental Income: $1688

Airbnb ROI: -1.45%

Traditional ROI: -0.14%

541 E BLACK Avenue

Springfield, IL

26 beds | 27 baths | 15,054 sq.ft.

$399,000

Airbnb cash on cash: N/A

Traditional cash on cash: -2.52%

Airbnb Rental Income: $null

Traditional Rental Income: $798

Airbnb ROI: N/A

Traditional ROI: -2.52%

Other Investment Properties for Sale in Springfield

Springfield , IL

3 beds | 2 baths | 2,025 sq.ft.

$324,900

Airbnb cash on cash: 1.48%

Traditional cash on cash: 3.98%

Airbnb Rental Income: $1984

Traditional Rental Income: $2226

Airbnb ROI: 1.48%

Traditional ROI: 3.98%

Springfield , IL

2 beds | 1 baths | 965 sq.ft.

$119,500

Airbnb cash on cash: 3.59%

Traditional cash on cash: 9.65%

Airbnb Rental Income: $1211

Traditional Rental Income: $1519

Airbnb ROI: 3.59%

Traditional ROI: 9.65%

Springfield , IL

4 beds | 3 baths | 2,148 sq.ft.

$224,900

Airbnb cash on cash: 2.89%

Traditional cash on cash: 9.01%

Airbnb Rental Income: $1859

Traditional Rental Income: $2665

Airbnb ROI: 2.89%

Traditional ROI: 9.01%

Springfield , IL

3 beds | 2 baths | 1,304 sq.ft.

$129,900

Airbnb cash on cash: 4.73%

Traditional cash on cash: 10.76%

Airbnb Rental Income: $1497

Traditional Rental Income: $1812

Airbnb ROI: 4.73%

Traditional ROI: 10.76%

Springfield , IL

3 beds | 2 baths | 1,879 sq.ft.