MLS# 7129280
305 N Van Buren Avenue Springfield, MN 56087
Kemp Real Estate is the brokerage office representing the seller for this listing.
Copyright 2026, Regional Multiple Listing Service of Minnesota, Inc. all rights reserved. Information is deemed reliable but is not guaranteed.
The data relating to real estate for sale on this site comes in part from the broker reciprocity program of the Regional multiple Listing Service of Minnesota, Inc. real estate listings held by brokerage firms other than are marked with the Broker Reciprocity logo or the Broker reciprocity house icon and detailed information about them includes the names(s) of the listing brokers. Jim Christensen is not a multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Jim Christensen, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc.
$LABEL$
$CONTENT$
$DESC$
{"Id":601491,"ORGTABLE":"RAW_Property","MLSCLASS":"RES","MLSNUMBER":"NST7129280","MLSAGENTID":"NST506560430","MLSOFFICEID":"NST27068","ADDRESS":"305 N Van Buren Avenue","ACRES":0.351,"AGENTOWNER":true,"AUCTIONYN":false,"BASEMENT":"Finished","BATHSTOTAL":4.0,"BEDROOMS":6.0,"CITY":"Springfield","CONTINGENCY":"None","COUNTY":"Brown","DISTRIBUTEADDRESSTOINTERNET":true,"DISTRIBUTETOINTERNET":true,"EXTERIOR":"Block,Brick","FORECLOSURE":"No","LASTPRICE":300000.0,"LASTPRICEDATE":"2026-08-18T16:57:07.417","LATITUDE":44.242354,"LENDEROWNED":"No","LISTDATE":"2026-08-18T05:00:00","LISTPRICE":300000.0,"LIVINGAREA":2400.0,"LONGITUDE":-94.972801,"LOTDESCRIPTION":"Corner Lot,Tree Coverage - Light","MODIFICATIONTIMESTAMP":"2026-08-18T17:31:08.499","OFFICE_OFFICENAME":"Kemp Real Estate","PHOTOCOUNT":6,"POSTALCODE":"56087","POTENTIALSHORTSALE":"No","PRESENTUSE":"Yearly","PUBLICREMARKS":"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.\n\nThe property features two one-bedroom apartments and two two-bedroom apartments, with all four units currently occupied. Current rental income is $2,930 per month, providing an established income stream from day one.\n\nA 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 the current $2,930 per month.\n\nThe 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.\n\nThis 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.\n\nProperty Highlights:\n\nFour-unit apartment building\n2 one-bedroom units\n2 two-bedroom units\nAll four units currently occupied\n$2,930/month current rental income\nFour detached garage stalls\nPotential to increase revenue through garage restructuring and rental adjustments\nCoin-operated laundry\nCorner lot\nWell-maintained property\nEstablished rental income\nStrong opportunity for future income growth\n\nCurrent income with additional upside — a great opportunity for an investor looking to add value and increase the property's earning potential.","ROADBETWEENWATERFRONTANDHOMEYN":false,"ROOF":"Asphalt","SCHOOLDISTRICTNUMBER":"85-Springfield","SCHOOLDISTRICTPHONE":"5077234283","SEWER":"City Sewer/Connected","STATEORPROVINCE":"MN","STATUS":"Active","STATUSDATE":"2026-08-18T16:57:07.417","LASTSTATUS":"Active","STREETDIRPREFIX":"N","STREETNAME":"Van Buren","STREETNUMBER":"305","STREETSUFFIX":"Avenue","STYLE":"Fourplex","TRANSACTIONTYPE":"For Sale","WATER":"City Water/Connected","WATERFRONTPRESENT":false,"YEARBUILT":1970,"ZONING":"Residential-Multi-Family","HASOPENHOUSE":false,"PHOTOTIMESTAMP":"2026-08-18T17:31:08.499","PHOTOREMARKS":"[{\"Order\":1,\"Remarks\":\"4 plex front .jpeg\"},{\"Order\":2,\"Remarks\":\"4 plex kitchen .jpeg\"},{\"Order\":3,\"Remarks\":\"4 plex bedroom .jpeg\"},{\"Order\":4,\"Remarks\":\"4 plex bedroom 1.jpeg\"},{\"Order\":5,\"Remarks\":\"4 plex kitchen dining.jpeg\"},{\"Order\":6,\"Remarks\":\"4 plex bathroom .jpeg\"}]","PHOTOORDER":"1,2,3,4,5,6","SOURCE":"MG_NST"}
{"ListingKey":"NST7953703","NST_AboveGradeSqFtTotal":"1200","AboveGradeFinishedArea":"1200","AccessibilityFeatures":"None","AdditionalParcelsYN":"False","NST_AgentOwner":"Yes","LivingAreaUnits":"Square Feet","NST_AssessmentPending":"No","AssociationAmenities":"Laundry,Coin-op Laundry Owned","Basement":"Finished","BasementYN":"True","BathroomsTotalInteger":"4","BedroomsTotal":"6","NST_BelowGradeSqFtTotal":"1200","BelowGradeFinishedArea":"1200","CumulativeDaysOnMarket":"0","City":"Springfield","ConstructionMaterials":"Block,Brick","NewConstructionYN":"False","Contingency":"None","CountyOrParish":"Brown","Directions":"305 North Van Buren. Springfield, MN 56087","DocumentsCount":"1","DocumentsChangeTimestamp":"2026-08-18T17:01:07.824Z","DaysOnMarket":"0","Electric":"150 Amp Service","ElectricExpense":"1995","ExteriorFeatures":"Stone,Cement Board,Wood","Fencing":"None","FoundationArea":"2400","FoundationDetails":"Block","NST_FoundationDimensions":"40 X 60","NST_FractionalOwnershipYN":"No","NST_Fuel":"Electric,Natural Gas","FuelExpense":"0","NST_GarageSquareFeet":"240","NST_GarageDimensions":"20 X 12","NST_GarageDoorHeight":"8","NST_GarageDoorWidth":"8","GarageSpaces":"4","GrossIncome":"35160","Heating":"Baseboard,Boiler","HighSchoolDistrict":"Springfield","NST_ForeclosureStatus":"No","InsuranceExpense":"1800","InternetAddressDisplayYN":"True","InternetAutomatedValuationDisplayYN":"False","InternetConsumerCommentYN":"False","InternetEntireListingDisplayYN":"True","LandLeaseYN":"False","Latitude":"44.242354","LaundryFeatures":"In Basement,Common Area,Lower Level,Laundry Room","NST_LenderOwned":"No","Levels":"Split Entry (Bi-Level)","ListPrice":"300000","ListingContractDate":"2026-08-18T05:00:00Z","ListingId":"NST7129280","LivingArea":"2400","Longitude":"-94.972801","LotFeatures":"Corner Lot,Tree Coverage - Light","LotSizeArea":"0.351","LotSizeDimensions":"100 X 153","LotSizeUnits":"Acres","NST_MainLevelFinishedArea":"1200","MaintenanceExpense":"2500","ManagerExpense":"0","NST_IncomeMiscAnn":"450","NST_IncomeMiscMon":"40","NST_RefrigeratorNum":"Four","NetOperatingIncome":"25160","NumberOfUnitsTotal":"4","OperatingExpense":"10000","OriginalEntryTimestamp":"2026-08-18T11:55:32Z","OtherExpense":"0","NST_OwnerOccupied":"No","OwnerPays":"Common Area Maintenance,Insurance,Grounds Care,Snow Removal,Taxes,Water","ParcelNumber":"00331000406060","ParkingFeatures":"Detached Garage,Gravel,Multiple Garages,Parking Lot","NST_PatioPorchType":"Patio,Rear Porch","PhotosCount":"6","PhotosChangeTimestamp":"2026-08-18T17:31:08.499Z","PoolFeatures":"None","PostalCity":"Springfield","PostalCode":"56087","NST_PotentialShortSale":"No","NST_PowerCompanyName":"Brown County Rural Electric Association","NST_PresentUse":"Yearly","PropertySubType":"Fourplex","PropertyType":"Residential Income","PublicRemarks":"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.\n\nThe property features two one-bedroom apartments and two two-bedroom apartments, with all four units currently occupied. Current rental income is $2,930 per month, providing an established income stream from day one.\n\nA 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 the current $2,930 per month.\n\nThe 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.\n\nThis 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.\n\nProperty Highlights:\n\nFour-unit apartment building\n2 one-bedroom units\n2 two-bedroom units\nAll four units currently occupied\n$2,930/month current rental income\nFour detached garage stalls\nPotential to increase revenue through garage restructuring and rental adjustments\nCoin-operated laundry\nCorner lot\nWell-maintained property\nEstablished rental income\nStrong opportunity for future income growth\n\nCurrent income with additional upside — a great opportunity for an investor looking to add value and increase the property's earning potential.","NST_RentalLicenseType":"Standard","NST_RentalLicenseYN":"Y","RoadFrontageType":"City Street,Sidewalks,Street Lights","RoadResponsibility":"Public Maintained Road","Roof":"Asphalt","NST_SchoolDistrictFullName":"85 - Springfield","NST_SchoolDistrictNumber":"85","NST_SchoolDistrictPhone":"5077234283","Sewer":"City Sewer/Connected","StandardStatus":"Active","StateOrProvince":"MN","StreetDirPrefix":"N","StreetName":"Van Buren","StreetNumber":"305","StreetNumberNumeric":"305","StreetSuffix":"Avenue","SubdivisionName":"Van Dusen Add","TaxAnnualAmount":"3010","NST_TaxWithAssessments":"3010","TaxYear":"2025","TenantPays":"Electricity,Fuel","Topography":"Level","NST_TotalArea":"2400","BuildingAreaTotal":"2400","Township":"Springfield","TrashExpense":"0","VideosCount":"0","WaterSewerExpense":"0","WaterSource":"City Water/Connected","WaterfrontYN":"False","YearBuilt":"1970","ZoningDescription":"Residential-Multi-Family","ListAgentKey":"NST112497","ListAgentMlsId":"NST506560430","ListOfficeMlsId":"NST27068","ListOfficeName":"Kemp Real Estate","ListOfficeKey":"NST27068","ModificationTimestamp":"2026-08-18T17:31:08.499Z","OriginatingSystemName":"northstar","Media":"[{\"MediaURL\":\"https://s3.amazonaws.com/mlsgrid/images/NST7953703/68c93db1-ae53-4a25-8926-6f94b8672ba1.jpeg\",\"LongDescription\":\"4 plex kitchen .jpeg\",\"ResourceRecordKey\":\"NST7953703\",\"Order\":2,\"MediaObjectID\":\"NST2\",\"ImageWidth\":1560,\"ImageHeight\":2080,\"ImageSizeDescription\":\"1560x2080\",\"MediaModificationTimestamp\":\"2026-08-18T17:30:11.243Z\",\"MediaKey\":\"NST124327854\"},{\"MediaURL\":\"https://s3.amazonaws.com/mlsgrid/images/NST7953703/8c45de6a-786b-43ff-897c-b98ef90a85bc.jpeg\",\"LongDescription\":\"4 plex bathroom .jpeg\",\"ResourceRecordKey\":\"NST7953703\",\"Order\":6,\"MediaObjectID\":\"NST6\",\"ImageWidth\":1560,\"ImageHeight\":2080,\"ImageSizeDescription\":\"1560x2080\",\"MediaModificationTimestamp\":\"2026-08-18T17:30:11.235Z\",\"MediaKey\":\"NST124327858\"},{\"MediaURL\":\"https://s3.amazonaws.com/mlsgrid/images/NST7953703/45393fac-39b1-4eee-908c-6744c556f21e.jpeg\",\"LongDescription\":\"4 plex bedroom .jpeg\",\"ResourceRecordKey\":\"NST7953703\",\"Order\":3,\"MediaObjectID\":\"NST3\",\"ImageWidth\":1560,\"ImageHeight\":2080,\"ImageSizeDescription\":\"1560x2080\",\"MediaModificationTimestamp\":\"2026-08-18T17:30:11.264Z\",\"MediaKey\":\"NST124327857\"},{\"MediaURL\":\"https://s3.amazonaws.com/mlsgrid/images/NST7953703/50e84ed0-22f5-45ab-bb42-4dc4cd9466ec.jpeg\",\"LongDescription\":\"4 plex bedroom 1.jpeg\",\"ResourceRecordKey\":\"NST7953703\",\"Order\":4,\"MediaObjectID\":\"NST4\",\"ImageWidth\":1560,\"ImageHeight\":2080,\"ImageSizeDescription\":\"1560x2080\",\"MediaModificationTimestamp\":\"2026-08-18T17:30:11.329Z\",\"MediaKey\":\"NST124327856\"},{\"MediaURL\":\"https://s3.amazonaws.com/mlsgrid/images/NST7953703/e381600b-df33-40a2-a96a-cffaf76e801c.jpeg\",\"LongDescription\":\"4 plex kitchen dining.jpeg\",\"ResourceRecordKey\":\"NST7953703\",\"Order\":5,\"MediaObjectID\":\"NST5\",\"ImageWidth\":1560,\"ImageHeight\":2080,\"ImageSizeDescription\":\"1560x2080\",\"MediaModificationTimestamp\":\"2026-08-18T17:30:11.3Z\",\"MediaKey\":\"NST124327853\"},{\"MediaURL\":\"https://s3.amazonaws.com/mlsgrid/images/NST7953703/56cd18a1-aee9-4341-8859-f010801bdeb3.jpeg\",\"LongDescription\":\"4 plex front .jpeg\",\"ResourceRecordKey\":\"NST7953703\",\"Order\":1,\"MediaObjectID\":\"NST1\",\"ImageWidth\":2080,\"ImageHeight\":1560,\"ImageSizeDescription\":\"2080x1560\",\"MediaModificationTimestamp\":\"2026-08-18T17:30:11.261Z\",\"MediaKey\":\"NST124327855\"}]","Media__MediaURL":"https://s3.amazonaws.com/mlsgrid/images/NST7953703/68c93db1-ae53-4a25-8926-6f94b8672ba1.jpeg","Media__LongDescription":"4 plex kitchen .jpeg","Media__ResourceRecordKey":"NST7953703","Media__Order":"2","Media__MediaObjectID":"NST2","Media__ImageWidth":"1560","Media__ImageHeight":"2080","Media__ImageSizeDescription":"1560x2080","Media__MediaModificationTimestamp":"8/18/2026 5:30:11 PM","Media__MediaKey":"NST124327854","UnitTypes":"[{\"UnitTypeKey\":\"NST161984\",\"NST_UnitAmenities\":[\"Ceiling Fan(s)\",\"Countertops-Solid Surface\",\"City View\"],\"UnitTypeBedsTotal\":2,\"NST_UnitAppl\":[\"Range\",\"Refrigerator\"],\"NST_LeaseExpirationDt\":\"2027-01-01\",\"NST_UnitID\":1,\"UnitTypeBathsTotal\":1,\"NST_DiningRoomRoomDescription\":[\"Kitchen/Dining Room\"],\"NST_UnitFurnished\":\"Unfurnished\",\"NST_UnitSqFt\":700,\"NST_UnitRoomsTotal\":4,\"NST_UnitIsLeased\":\"Y\",\"NST_FamilyRoomRoomFeatures\":[\"Family Room\"],\"NST_BathDescription\":[\"Full Primary\",\"Main Floor Full Bath\"],\"UnitTypeTotalRent\":750,\"UnitTypeUnitsTotal\":2,\"NST_UnitCoolSystem\":[\"Wall\"],\"NST_UnitLevel\":\"2nd Level\",\"NST_UnitBathFull\":1,\"NST_UnitParking\":1},{\"UnitTypeKey\":\"NST161985\",\"NST_UnitAmenities\":[\"Ceiling Fan(s)\",\"Countertops-Solid Surface\",\"City View\"],\"UnitTypeBedsTotal\":1,\"NST_UnitAppl\":[\"Range\",\"Refrigerator\"],\"NST_LeaseExpirationDt\":\"2027-01-01\",\"NST_UnitID\":2,\"UnitTypeBathsTotal\":1,\"NST_DiningRoomRoomDescription\":[\"Kitchen/Dining Room\"],\"NST_UnitFurnished\":\"Unfurnished\",\"NST_UnitSqFt\":600,\"NST_UnitRoomsTotal\":4,\"NST_UnitIsLeased\":\"Y\",\"NST_FamilyRoomRoomFeatures\":[\"Family Room\"],\"NST_BathDescription\":[\"Full Primary\",\"Main Floor Full Bath\"],\"UnitTypeTotalRent\":715,\"UnitTypeUnitsTotal\":2,\"NST_UnitCoolSystem\":[\"Wall\"],\"NST_UnitLevel\":\"Below Ground\",\"NST_UnitBathFull\":1,\"NST_UnitParking\":1}]","UnitTypes__UnitTypeKey":"NST161984","UnitTypes__NST_UnitAmenities":"Ceiling Fan(s),Countertops-Solid Surface,City View","UnitTypes__UnitTypeBedsTotal":"2","UnitTypes__NST_UnitAppl":"Range,Refrigerator","UnitTypes__NST_LeaseExpirationDt":"2027-01-01","UnitTypes__NST_UnitID":"1","UnitTypes__UnitTypeBathsTotal":"1","UnitTypes__NST_DiningRoomRoomDescription":"Kitchen/Dining Room","UnitTypes__NST_UnitFurnished":"Unfurnished","UnitTypes__NST_UnitSqFt":"700","UnitTypes__NST_UnitRoomsTotal":"4","UnitTypes__NST_UnitIsLeased":"Y","UnitTypes__NST_FamilyRoomRoomFeatures":"Family Room","UnitTypes__NST_BathDescription":"Full Primary,Main Floor Full Bath","UnitTypes__UnitTypeTotalRent":"750","UnitTypes__UnitTypeUnitsTotal":"2","UnitTypes__NST_UnitCoolSystem":"Wall","UnitTypes__NST_UnitLevel":"2nd Level","UnitTypes__NST_UnitBathFull":"1","UnitTypes__NST_UnitParking":"1","MlgCanView":"True","MlgCanUse":"IDX","PhotoRemarks":"[{\"Order\":1,\"Remarks\":\"4 plex front .jpeg\"},{\"Order\":2,\"Remarks\":\"4 plex kitchen .jpeg\"},{\"Order\":3,\"Remarks\":\"4 plex bedroom .jpeg\"},{\"Order\":4,\"Remarks\":\"4 plex bedroom 1.jpeg\"},{\"Order\":5,\"Remarks\":\"4 plex kitchen dining.jpeg\"},{\"Order\":6,\"Remarks\":\"4 plex bathroom .jpeg\"}]","PhotoOrder":"1,2,3,4,5,6","CustomVTourURL":""}
