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.

Property Details tap to expand

Building Information

  • Total Units: 2
  • Total Floors: 2
  • Total Bedrooms: 8
  • Total Full Baths: 2
  • Amenities: Highway Access, House of Worship, Park, Public School, Public Transportation, Shopping, Tennis Court
  • Basement Features: Full, Unfinished Basement
  • Common Rooms: Dining Room, Kitchen, Living Room
  • Common Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer
  • Common Heating: Central Heat, Hot Water Radiators, Steam
  • Common Cooling: None

Financial

  • APOD Available: No
  • Gross Operating Income: 19200
  • Net Operating Income: 19200

Utilities

  • Heat Zones: 2
  • Electric Info: Circuit Breakers, Underground
  • Energy Features: Insulated Windows
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Electric, Heat, Hot Water, Water
  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Construction

  • Year Built: 1907
  • Type: 2 Family - 2 Units Up/Down
  • Construction Type: Aluminum, Frame
  • Foundation Info: Brick
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood, Wall to Wall Carpet
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73567786
  • Last Updated: 08/25/26

Property History tap to expand

Date Event Price Price/Sq Ft Source
08/25/2026New$400,000$112MLSPIN

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Seller's Representative: Susan Rheaume, Landmark, REALTORS®
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2026-08-25 15:36:00

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