$740,000

1021 S Lexington Avenue, Springfield, MO 65802

  • 1 bath
  • Property Icon Duplex
  • Property Year Built Icon Built in 1981
  • Property Lot Size Icon0.69acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

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.

Listing Status:
Active
Listing Office:
Keller Williams : (417) 883-4900
Listing Agent:
Adam Graddy : (417) 501-5091
MLS ID:
60309347
  • A/C: Central Air
  • Heating: Central
  • Other Structures: Four or More Buildings
  • Parking: Paved Area
  • Roofing: Composition
  • General: Brick
  • Originating MLS: somo
  • County: Greene
  • Zoning: INCLOREN PLACE LOT 27 THRU 30881327102015
  • Utilities: CommunityWater AvailableSewer AvailableNatural Gas AvailableElectricity Available
  • Water: City
  • Sewer: Public Sewer
  • Source: somo

This listing courtesy of Adam Graddy, Keller Williams

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

M

McGregor Elementary School

1221 W Madison St, Springfield, MO, 65806

Grades KG-5

0.48 miles away

J

Jarrett Middle School

840 S Jefferson Ave, Springfield, MO, 65806

Grades 6-8

1.35 miles away

P

Parkview High School

516 W Meadowmere St, Springfield, MO, 65807

Grades 9-12

1.06 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.