Springfield, MO 65802
- N/ABeds
- N/AFull Baths
- N/AHalf Baths
- N/ASqFt
- 1981Year Built
- 0.69Acres
- MLS# 60302602
- Multifamily
- Duplex/Triplex/Fourplex
- Pending
- Approx Time on Market1 month, 10 days
- AreaGreene
- CountyGreene
- Subdivision Loren Place
Overview
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.
Association Fees / Info
Hoa: No
Bathroom Info
Baths Each Unit: 1
Baths: 1 Per Unit
Building Info
Roofing Material: Composition
Year Built: 1,981
Construction: Brick
Transaction Type: Sale
Financial
Bed Units Price: Over $450
Garage / Parking
Parking: Paved Area
Interior Features
Lot Info
Acres: 0.69
Marina Info
Misc
Inside City Limits: Yes
Other
Foreclosure: No
Property Info
View: No
Buildings: Four or More Buildings
Zoning: INC
County: Greene
Property Type: B
Sale / Lease Info
Will Sell: Cash,Conventional
Possession: Subject to Tenant Rt
SqFt Info
Sqft Finshd Unfnshd: 5000 or more
Bed Units Sqft: 751 - 1, 000 SqFt
Tax Info
Tax Year: 2,024
Re Tax Provided By: Assessor Records
Unit Info
Num Units: 8
Utilities / HVAC
Water: City Water
Heating: Central
Cooling: Central
Sewer: Public
Utilities: City, Water, Sewer, Gas, Electricity
Waterfront / Water
Lake River: None
Waterfront View: None
Listings courtesy of Keller Williams - klrw369@kw.com
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