$385,000
8
Beds
2
Baths
3,586
Living Area
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Property Description
Opportunity takes center stage at 33 Kenwood Terrace, a substantial multifamily property offering eight bedrooms, two bathrooms, and 3,586 square feet of interior space. Designed for buyers who value flexibility, this Springfield residence presents an appealing path to rental income, multigenerational living, or an owner-occupied strategy that helps offset monthly expenses. Across the property, the generous bedroom count creates versatility for household needs, home offices, or additional personal space. The overall footprint offers room to shape each residence around modern routines while preserving the character and scale that make multifamily homes so practical. Investors can appreciate the potential for an income-producing configuration, while first-time multifamily buyers may see an opportunity to build equity and establish a long-term real estate foothold. Location adds another strong advantage. Forest Park is nearby, placing expansive green space, recreation, and neighborhood amenities within easy reach. Bright Nights at Forest Park, a celebrated seasonal Springfield attraction, is also just moments away. Downtown destinations, dining, shopping, and major routes are readily accessible, supporting tenant appeal and day-to-day convenience. For buyers seeking considerable space and income potential at an attractive price point, this new listing deserves attention. Whether you’re expanding a portfolio or planning to live on-site while leasing additional space, the possibilities are compelling. Explore the layout, evaluate the numbers, and envision how this versatile Forest Park-area property can support your goals for years to come.
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Highlights
- Area: Forest Park
- Heating: Steam
- Parking Spots: 5
- Property Type: 2 Family - 2 Units Up/Down
- Total Rooms: 10
- Status: Active
- Cooling: Window Unit(s), None
- Levels: 2
- Property Class: Residential Income
- Stories: 2
- Year Built: 1907
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Additional Details
- Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
- Construction: Frame
- Flooring: Carpet, Hardwood
- Interior Features: Living Room, Dining Room, Kitchen
- Roof: Shingle
- Total Number of Units: 2
- Year Built Source: Public Records
- Basement: Full, Unfinished
- Exterior Features: Balcony
- Foundation: Brick/Mortar
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Actual
- Zoning: R2
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Amenities
- Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Highway Access, House of Worship, Public School
- Parking Features: Paved Drive, Off Street
- Covered Parking Spaces: 2
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Utilities
- Electric: Circuit Breakers
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $340,700
- Tax Year: 2025
- Total Rent: $1,675
- Rental Fee Includes: Unit 2(Heat, Electric, Water, Hot Water)
- Taxes: $5,342
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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records.
Listing information provided courtesy of Landmark, REALTORS®.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.