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702 Richard St, Springfield, TN 37172

Springfield
Local realty services provided by:CENTURY 21 Premier
702 Richard St,Springfield, TN 37172
$250,000
  • - Beds
  • - Baths
  • 1,218 sq. ft.
  • Multi-family
  • Pending
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, 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:106 day(s) ago
  • Updated:March 12, 2026 at 07:38 PM

Rooms and interior

  • Flooring:Carpet, Laminate
  • Living area:1,218 sq. ft.

Heating and cooling

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

Structure and exterior

  • Year built:1947
  • Building area:1,218 sq. ft.
  • Construction Materials:Stucco
  • Levels:1 Story

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

Parking

  • Total parking spaces:5
  • Parking description:Detached
  • Garage:Yes
  • Garage spaces:1
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