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.
Under contract - not showing
Price cut: $5K (1/29)
$250,000
702 Richard St, Springfield, TN 37172
2beds
--baths
1,218sqft
Est.:
Multi Family
Built in 1947
-- sqft lot
$-- Zestimate®
$205/sqft
$-- HOA
What's special
Separate entrancesBrand new roofAll appliances includedBonus space
- 120 days |
- 229 |
- 5 |
Zillow last checked: 7 hours ago
Listing updated: March 05, 2026 at 07:53pm
Listing Provided by:
Eric Alvarez 615-447-8013,
RE/MAX Choice Properties 615-227-1514
Source: RealTracs MLS as distributed by MLS GRID,MLS#: 3050902
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
Heating
- Central, Electric
Cooling
- Central Air, Electric
Appliances
- Laundry: Individual
Features
- Flooring: Carpet, Laminate
Interior area
- Total structure area: 1,218
- Total interior livable area: 1,218 sqft
- Finished area above ground: 1,218
Property
Parking
- Total spaces: 5
- Parking features: Detached
- Garage spaces: 1
- Uncovered spaces: 4
Features
- Levels: One
- Stories: 1
Lot
- Size: 7,350 Square Feet
- Dimensions: 50 x 147
Details
- Parcel number: 080J E 00400 000
- Zoning: Commercial
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Stucco
Condition
- New construction: No
- Year built: 1947
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Water Available
Community & HOA
HOA
- Has HOA: No
Location
- Region: Springfield
Financial & listing details
- Price per square foot: $205/sqft
- Tax assessed value: $149,000
- Annual tax amount: $1,493
- Date on market: 11/26/2025
- Inclusions: Appliances
- Total actual rent: 1600
- Tenant pays: Electricity, Water
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/6/2026 | Pending sale | $250,000$205/sqft |
Source:  RealTracs MLS as distributed by MLS GRID #3050902 Report a problem | ||
| 1/29/2026 | Price change | $250,000-2%$205/sqft |
Source: RealTracs MLS as distributed by MLS GRID #3050902 Report a problem | ||
| 11/26/2025 | Listed for sale | $255,000+54.5%$209/sqft |
Source: RealTracs MLS as distributed by MLS GRID #3050902 Report a problem | ||
| 8/10/2021 | Sold | $165,000+3.1%$135/sqft |
Source: RealTracs MLS as distributed by MLS GRID #2268925 Report a problem | ||
| 7/27/2021 | Pending sale | $160,000$131/sqft |
Source: RealTracs MLS as distributed by MLS GRID #2268925 Report a problem | ||
| 7/18/2021 | Listed for sale | $160,000+276.5%$131/sqft |
Source: RealTracs MLS as distributed by MLS GRID #2268925 Report a problem | ||
| 10/30/2002 | Sold | $42,500$35/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,547 +3.6% | $59,600 |
| 2024 | $1,493 | $59,600 |
| 2023 | $1,493 +49.2% | $59,600 +117.2% |
| 2022 | $1,001 +41.6% | $27,440 |
| 2021 | $707 -29.4% | $27,440 |
| 2020 | $1,001 | $27,440 |
| 2019 | $1,001 +0% | $27,440 |
| 2018 | $1,001 0% | $27,440 +8% |
| 2017 | $1,001 -8.1% | $25,400 |
| 2016 | $1,089 +3.1% | $25,400 |
| 2015 | $1,057 -1.2% | $25,400 -1.2% |
| 2014 | $1,070 | $25,720 |
| 2013 | -- | $25,720 |
| 2012 | $1,031 | $25,720 -5.7% |
| 2011 | $1,031 +9.9% | $27,280 |
| 2010 | $938 | $27,280 |
| 2009 | $938 | $27,280 |
| 2008 | $938 +9.9% | $27,280 |
| 2007 | $854 -27.7% | $27,280 -15.5% |
| 2006 | $1,181 +129.7% | $32,280 +129.7% |
| 2005 | $514 | $14,055 |
| 2004 | $514 +80.7% | $14,055 +80.7% |
| 2002 | $285 | $7,778 -13.2% |
| 2001 | -- | $8,964 -67.1% |
| 2000 | -- | $27,226 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$1,338/mo
Principal & interest
$1230
Property taxes
$108
More affordability tools
Climate risks
Neighborhood: 37172
Nearby schools
GreatSchools rating
- 4/10Cheatham Park Elementary SchoolGrades: 3-5Distance: 0.3 mi
- 8/10Innovation Academy of Robertson CountyGrades: 6-10Distance: 0.3 mi
- NAWestside Elementary SchoolGrades: K-2Distance: 0.8 mi
Schools provided by the listing agent
- Elementary: Cheatham Park Elementary
- Middle: Springfield Middle
- High: Springfield High School
Source: RealTracs MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 37172
- Tennessee
- Robertson County
- Springfield
- 37172
- 702 Richard St
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