702 Richard St, Springfield, TN 37172
- $229,000
- 1,218
- SqFt
- Sold Price
- $229,000
- List Price
- $250,000
- Status
- CLOSED
- Days on Market
- 99
- Closing Date
- Apr 02, 2026
- MLS#
- 3050902
- Subtype
- Residential Income
- Year Built
- 1947
- Living Area
- 1,218
- Subdivision
- N/A
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. Property is zoned Commercial. Close to local conveniences and minutes from downtown Springfield. PLEASE DO NOT DISTURB TENANTS. Call listing agent, for more information or to schedule an appointment. Listing agent has personal interest as part owner.
Additional Information
- Zoning
- Commercial
- Exterior Construction
- Stucco
- Stories
- 1
- Parking Features
- Detached
- Garage
- Detached
- Garage Spaces
- 1
- Elementary School
- Cheatham Park Elementary
- Middle School
- Springfield Middle
- High School
- Springfield High School
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Listing courtesy of RE/MAX Choice Properties. Selling Office: Realtracs, Inc..
Information Is Believed To Be Accurate But Not Guaranteed. Some or all listings may or may not be listed by the office/agent presenting these featured properties. Copyright 2026 MTRMLS, Inc. RealTracs Solutions.