1021 S Lexington Avenue, Springfield, MO 65802

Springfield
Local realty services provided by:Better Homes and Gardens Real Estate Southwest Group
Listed by: adam graddy
Office: keller williams
MLS#:60309347
Source:MO_GSBOR
1021 S Lexington Avenue,Springfield, MO 65802
$740,000
  • - Beds
  • 1 Baths
  • - sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$740,000

About this home

Incredible investment opportunity in a high-demand Springfield location! This package includes four all-brick duplexes--eight total units--located at 1021, 1027, 1033, and 1039 S Lexington Avenue, all situated on a single 0.69-acre parcel. Each unit is approximately 800 square feet and features 2 bedrooms and 1 bathroom. All eight units are currently occupied, generating a total monthly rent of $6,225, with market rent potential of approximately $6,800/month. The buildings have low-maintenance brick exteriors and offer paved, off-street parking for tenants. Located just minutes from nearby shopping, dining, and with quick access to Hwy 13, this property offers strong tenant appeal and excellent occupancy history. Investors will appreciate the consistent cash flow, rental upside, and the ease of managing all units on one parcel.

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Home facts

  • Year built:1981
  • Listing ID #:60309347
  • Added:141 day(s) ago
  • Updated:March 29, 2026 at 02:36 PM

Rooms and interior

  • Total bathrooms:1

Heating and cooling

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

Structure and exterior

  • Year built:1981
  • Lot area:0.69 Acres
  • Construction Materials:Brick

Schools

  • High school:SGF-Parkview
  • Middle school:SGF-Westport
  • Elementary school:SGF-McGregor

Utilities

  • Water:Water Available

Finances and disclosures

  • Price:$740,000
  • Tax amount:$3,309 (2024)
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