* * 3 UNITS! * * Uncover an exceptional investment opportunity with this unique property. This investment property is not only a slice of classic charm but also a potential goldmine for savvy investors seeking to maximize their real estate portfolio. The residence boasts a layout that's as functional as it is charming. With thoughtfully designed living spaces, tenants will find both comfort and practicality in their daily living experience. The property offers 3 units and each unit features two bedrooms. Positioned in a prime Springfield location, this property is within reach of local amenities, schools, parks, and downtown attractions. The neighborhood's balance between urban convenience and serene living is a magnet for potential tenants. Don't miss this incredible opportunity!
North Springfield, located between Dr. Martin Luther King Jr. Blvd and I-44, is a historic and working-class Springfield neighborhood with a grid of older streets and a mix of light industrial corridors. The neighborhood’s character concentrates around the Commercial Street corridor near N Grant Ave, where murals, small galleries, and locally run storefronts set a warehouse-district mood. Early-20th-century bungalows and modest cottages sit alongside brick commercial blocks and rail-era buildings. Pillars include the Historic Commercial Street District, the 1984 Arcade, and Hold Fast Brewing, which anchor an arts-and-makers feel. Side streets read quieter, while the main corridors carry the rhythm of trains, workshops, and weekend events. Parks and trail links add pockets of green between long, straight blocks.
Provided by Walk Score and Local Logic
Market insights
1504 N Summit Ave · $239,000
DAYS ON MARKET
88 days
The average home goes pending in 3 days.
LIST PRICE
$239,000
Median list price in this area is $253,954. (6% higher than this home)
PRICE DROP
2 price drops
9% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Interior features
Range
Carpet flooring
Window cooling units
Baseboard heating
Kitchen
Range
Flooring
Carpet
Heating & cooling
Baseboard heating
Window unit cooling
Exterior features
Composition roof
Vinyl siding
Property has a view
Lot dimensions approximately 66 x 123
Lot of about 0.19 acres
Subdivision: North Springfield OP
Directions: Head north on National Ave, turn onto Division St and then north onto Summit
Home design
Residential income property
Duplex
Parking
On-street parking
Construction
Vinyl siding construction
Composition roof
Utilities
Public water
Public sewer
Water available
Sewer available
Natural gas available
Electricity available
Financial info
Annual tax listed
Other
Zoning: INC
Electricity and solar
View estimated energy costs and solar savings for this home
This district is intended to accommodate a variety of housing types, including single-family detached, single-family semi-detached, duplex, and townhouse dwellings, at low to moderate residential densities (approximately 11 units per acre). This district is also intended to function as a transition between the less intense single-family district and more intense multifamily districts. Certain other structures and uses necessary to serve governmental, educational, religious, recreational, and other needs of neighborhoods are allowed as permitted or conditional uses subject to restrictions intended to preserve and protect the residential character of the district.
Permitted uses
Include but are not limited to:
Community / recreation center
Religious facility
Housing-Group
Housing-Single unit
Housing-Multiple units
Educational / school
Fire house
Police station
Communications tower
Park & open space
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
5/10 Heat Factor
7 days above 104° expected this year, 18 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Springfield, MO • 65803
Average low and high temperatures (°F)
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87
65
83
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75
52
60
40
51
31
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Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Provided by Shadowmap
Redfin Estimate for 1504 N Summit Ave
There isn’t enough information to generate an accurate estimate at this time. Learn More