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502 W Lincoln Street, Springfield, MN 56087

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For Sale

$155,000

5 beds • 1 baths • 2,238 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

  • $69.26
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

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!
MLS# 251454

Courtesy Of RE/MAX Lakes Realty

(712) 336-4967

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Heating System
    Forced Air
  • Lot Size
    0.16 Acres

Map and Directions

Directions to 502 W Lincoln Street, Springfield, MN 56087

Home seller CENTURY 21 Atwood

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Atwood

(507) 359-9212
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Monthly Payment Breakdown

  • Principle and Interest
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  • Property Taxes
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  • Hazard Insurance
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  • Private Mortgage Insurance
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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Copyright © 2025 Iowa Great Lakes Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.