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$255,000 - 702 Richard St, Springfield

-
Bedrooms
-
Baths
1,218
SQ. Feet
1947
Year Built

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. Close to local conveniences and minutes from downtown Springfield. PLEASE DO NOT DISTURB TENANTS. Call listing agent, Eric Alvarez (615)477-8013 for more information or to schedule an appointment. Listing agent has personal interest as part owner.

Essential Information

  • MLS® #:
    3050902
  • Price:
    $255,000
  • Bathrooms:
    0.00
  • Square Footage:
    1,218
  • Acres:
    0.00
  • Year Built:
    1947
  • Type:
    Residential Income
  • Status:
    Active

Community Information

  • Address:
    702 Richard St
  • Subdivision:
    n/a
  • City:
    Springfield
  • County:
    Robertson County, TN
  • State:
    TN
  • Zip Code:
    37172

Amenities

  • Utilities:
    Electricity Available, Water Available
  • Parking Spaces:
    5
  • # of Garages:
    1
  • Garages:
    Detached

Interior

  • Heating:
    Central, Electric
  • Cooling:
    Central Air, Electric
  • # of Stories:
    1

Exterior

  • Construction:
    Stucco

School Information

  • Elementary:
    Cheatham Park Elementary
  • Middle:
    Springfield Middle
  • High:
    Springfield High School

Additional Information

  • Date Listed:
    November 26th, 2025
  • Days on Market:
    25
  • Zoning:
    Commercial

Listing Details

  • Listing Office:
    Re/max Choice Properties

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Disclaimer: All information is believed to be accurate but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal.

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Listing information last updated on December 22nd, 2025 at 9:53pm CST.