$255,000

702 Richard St, Springfield, TN 37172

  • 1,218 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1947
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon 1 car garage
  • Property Price Per Square Feet Icon $209/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Great investment opportunity in Springfield! This well-maintained duplex, with a brand new roof, offers two 1 bed / 1 bath units, each with a bonus space and all appliances included, including washer and dryer. Both units are currently occupied, providing immediate income. One unit rents for $900/month and is leased until Oct 2026 while the other side rents for $700/month on a month-to-month lease. Separate entrances and dedicated parking for each side. Tenants pay for all utilities. With one of the lowest entry prices for a duplex in Middle TN, this property is an excellent addition to an investor portfolio or a strong first-time rental purchase. Close to local conveniences and minutes from downtown Springfield. PLEASE DO NOT DISTURB TENANTS. Call listing agent, Eric Alvarez (615)477-8013 for more information or to schedule an appointment. Listing agent has personal interest as part owner.

Listing Status:
Active
Date Added:
November 26, 2025 at 03:11PM
Listing Office:
RE/MAX Choice Properties : 6154478013
Listing Agent:
Eric Alvarez : 6154478013
MLS ID:
3050902
  • Laundry: Individual
  • Flooring: CarpetLaminate
  • A/C: Central AirElectric
  • Heating: CentralElectric
  • Parking: DetachedParking spaces: 5
  • General: One
  • Originating MLS: realtrac
  • County: Robertson CountyTN
  • Zoning: Commercial080J E 00400 000
  • Utilities: Electricity AvailableWater Available
  • Water: Public
  • Sewer: Public Sewer
  • Source: realtrac

This listing courtesy of Eric Alvarez, RE/MAX Choice Properties

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

C

Cheatham Park Elementary School

301 Locust St, Springfield, TN, 37172

Grades 3-5

0.34 miles away

S

Springfield Middle School

715 5th Ave W, Springfield, TN, 37172

Grades 6-8

0.30 miles away

S

Springfield High School

5240 Highway 76 E, Springfield, TN, 37172

Grades 9-12

1.86 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.