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305 N Van Buren Avenue, 
Springfield, MN 56087

$300,000


6

Beds


4

Baths


2,400

Sq Ft


Multi-Family

Active

Listed by

Brett Bartholomaus

Kemp Real Estate

507-828-6696

Last updated:

September 26, 2026, 12:12 PM

MLS#

7129280

Source:

NSMLS

About This Home

305 N Van Buren Avenue

Excellent investment opportunity in Springfield, Minnesota! This well-maintained four-unit apartment building offers a strong combination of current rental income, multiple unit configurations, garage space, and significant potential for increased revenue. The property features two one-bedroom apartments and two two-bedroom apartments, with all four units currently occupied, providing an established income stream from day one. A major advantage of this property is the four detached garage stalls. With thoughtful restructuring of the garage spaces and a review of how the garage and rental spaces are utilized, there is substantial upside potential to increase monthly revenue. A new owner may have the opportunity to better allocate or separately rent garage space and make adjustments to the existing rental structure, creating additional income beyond what the current rates are. The property also includes coin-operated laundry, providing a convenient amenity for tenants and another source of potential income. Situated on a corner lot, the property offers good access, visibility, and off-street parking. This is an attractive opportunity for an investor looking for a property with existing occupancy and cash flow today, while still offering room to improve and increase revenue over time. The combination of four rental units, four detached garage stalls, on-site laundry, and potential for restructuring makes this a property with both stability and upside. Owner is a Minnesota licensed Real Estate agent.

Home Facts

Multi-Family

4 Baths

6 Bedrooms

Built in 1970

Subdivision & Development:

Van Dusen Add

Price Summary

300,000

$125 per Sq. Ft.

MLS #:

7129280

Last Updated:

September 26, 2026, 12:12 PM

Added:

a month ago


Rooms & Interior

Bedrooms

Total Bedrooms:

6

Bathrooms

Total Bathrooms:

4

Interior

Living Area:

2,400 Sq. Ft.


Structure

Structure

Building Area:

2,400 Sq. Ft.

Year Built:

1970


Lot

Lot Size (Sq. Ft):

15,289


Finances & Disclosures

Finances

Price:

$300,000

Price per Sq. Ft:

$125 per Sq. Ft.

Source:NSMLS
Data is deemed reliable but is not guaranteed accurate by the MLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.