702 Richard St, Springfield, TN 37172

$229,000
1,218
SqFt

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Sold Price
$229,000
List Price
$250,000
Closing Date
Apr 02, 2026
MLS#
3050902
Days on Market
99
Property Type
Multifamily
Sqft. of Residence
1,218
County
Robertson County
Status
CLOSED

Property Description

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.

Additional Information

Construction Type
Stucco
Cooling System
Central Air, Electric
Elementary School
Cheatham Park Elementary
Floor Types
Carpet, Laminate
Garage Capacity
1
Garage Description
Detached
Heating System
Central, Electric
High School
Springfield High School
Junior High School
Springfield Middle
Laundry
Individual
Living Area
1,218
Lot Dimensions
50X147
Number Of Stories
1
Sewer System
Public Sewer
Subdivision
N/A
Tax Amount
$1,493
Water Source
Public
Year Built
1947
Zoning
Commercial
Type
Multifamily

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Listing courtesy of RE/MAX Choice Properties. Selling Office: Realtracs, Inc..

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Information Is Believed To Be Accurate But Not Guaranteed. Some or all listings may or may not be listed by the office/agent presenting these featured properties. Copyright 2026 MTRMLS, Inc. RealTracs Solutions.