702 Richard St, Springfield, TN 37172

Springfield
Local realty services provided by:Better Homes and Gardens Real Estate Heritage Group
702 Richard St,Springfield, TN 37172
$229,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Sold
Listed by: eric alvarez
Office: re/max choice properties
MLS#:3050902
Source:NASHVILLE

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Price summary

  • Price:$229,000

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:141 day(s) ago
  • Updated:April 17, 2026 at 07:05 AM

Rooms and interior

  • Flooring:Carpet, Laminate

Heating and cooling

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

Structure and exterior

  • Year built:1947
  • 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:$229,000
  • Tax amount:$1,493

Parking

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