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702 Richard St, 
Springfield, TN 37172

$255,000

—

Bed

—

Bath

1,218

Sq Ft

Multi-Family

Active

Listed by

Eric Alvarez

RE/MAX Choice Properties

615-227-1514

Last updated:

November 27, 2025, 01:52 AM

MLS#

3050902

Source:

NASHVILLE

About This Home

702 Richard St

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.

Home Facts

Multi-Family

Built in 1947

Price Summary

255,000

$209 per Sq. Ft.

MLS #:

3050902

Last Updated:

November 27, 2025, 01:52 AM

Added:

19 day(s) ago

Rooms & Interior

Interior

Living Area:

1,218 Sq. Ft.

Structure

Structure

Building Area:

1,218 Sq. Ft.

Year Built:

1947

Finances & Disclosures

Finances

Price:

$255,000

Price per Sq. Ft:

$209 per Sq. Ft.

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By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.