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702 Richard St, Springfield, TN 37172

Local realty services provided by:CENTURY 21 Premier
702 Richard St,Springfield, TN 37172
$250,000
  • - Beds
  • - Baths
  • 1,218 sq. ft.
  • Multi-family
  • Active
Listed by: eric alvarez
Office: re/max choice properties
MLS#:3050902
Source:NASHVILLE

Price summary

  • Price:$250,000
  • Price per sq. ft.:$205.25

About this home

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, Eric Alvarez (615)447-8013 for more information or to schedule an appointment. Listing agent has personal interest as part owner.

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Home facts

  • Year built:1947
  • Listing ID #:3050902
  • Added:65 day(s) ago
  • Updated:January 30, 2026 at 06:38 PM

Rooms and interior

  • Living area:1,218 sq. ft.

Heating and cooling

  • Cooling:Central Air, Electric
  • Heating:Central, Electric

Structure and exterior

  • Year built:1947
  • Building area:1,218 sq. ft.

Schools

  • High school:Springfield High School
  • Middle school:Springfield Middle
  • Elementary school:Cheatham Park Elementary

Utilities

  • Water:Public, Water Available
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$250,000
  • Price per sq. ft.:$205.25
  • Tax amount:$1,493
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