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502 W Lincoln Street, Springfield, MN 56087

Springfield
Local realty services provided by:CENTURY 21 ProLink
502 W Lincoln Street,Springfield, MN 56087
$155,000
  • 5 Beds
  • 2 Baths
  • 2,238 sq. ft.
  • Multi-family
  • Active
Listed by: holli hansen
Office: re/max lakes realty
MLS#:251454
Source:IA_IGLBOR

Price summary

  • Price:$155,000
  • Price per sq. ft.:$69.26

About this home

Beautifully Updated Duplex in Springfield — Ideal Investment or Owner-Occupied Opportunity Discover this well-maintained and nicely updated duplex located just steps from the local school. The spacious main-level unit features 3 bedrooms and 1 bathroom, offering an excellent layout for families or long-term tenants. The upper unit includes 2 bedrooms and 1 bathroom, providing comfortable living with great rental potential. An attached 2-stall garage adds convenience and value, along with additional off-street parking. Both units offer clean, modern updates, making this property completely move-in or rent-ready. Whether you’re an investor looking to rent out both units, or a buyer wanting to live in one unit and let the other help pay your mortgage, this property is a versatile and attractive option. Don’t miss this opportunity to own a solid, income-producing duplex in a prime Springfield location! Priced well under assessed value!

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Home facts

  • Year built:1910
  • Listing ID #:251454
  • Added:119 day(s) ago
  • Updated:March 14, 2026 at 02:51 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:2
  • Full bathrooms:1
  • Basement Description:Full
  • Living area:2,238 sq. ft.

Heating and cooling

  • Cooling:Central
  • Heating:Forced Air

Structure and exterior

  • Year built:1910
  • Building area:2,238 sq. ft.
  • Lot area:0.16 Acres
  • Levels:2 Stories

Utilities

  • Water:Public/City
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$155,000
  • Price per sq. ft.:$69.26
  • Tax amount:$4,362

Parking

  • Parking description:Detached
  • Garage spaces:2

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