702 Richard St

Springfield, TN 37172

$255,000
Price
2
Beds
—
Baths
1,218 Sq. Ft.
$209 / Sq. Ft.
1,218
Sq. Ft.
$209
per Sq. Ft.
a front view of a house with garden
a front view of house with yard and green space
an empty room with wooden floor and windows
an empty room with wooden floor and windows
an empty room with wooden floor and windows
a view of a livingroom with wooden floor and window
a view of a room with wooden floor
a view of an empty room with wooden floor and a window
a kitchen with white cabinets and white appliances
a kitchen with a refrigerator a stove and wooden floor
a kitchen with white cabinets and wooden floor
a white toilet sitting next to a bathroom sink
a view of empty room with wooden floor and window
a view of a small space with wooden floor and a window
a front view of a house with a garden and parking space

Description

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...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.
  1. Listed by Eric Alvarez • RE/MAX Choice Properties

Property Details for 702 Richard Street

Subdivision Name
n/a
Waterfront
No
LISTING UPDATED: 11/26/2025 07:25 PM

Property Details for 702 Richard Street

StatusActive
MLS #3050902
Days on Market28
Taxes$1,493 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1947
Lot Size-
CountyRobertson County

Location

Listing Courtesy of RE/MAX Choice Properties, Eric Alvarez (615.447.8013)
Add your commute

Building Information for 702 Richard Street

Stories1Residences2Year Built1947Building Size-Lot Size-

Payment Calculator

$1,384 per month

30 year fixed, 6.28% Interest

Principal and Interest

$1,260

Property Taxes

$124

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 702 Richard Street

Summary
Location and General Information
  • Directions: From downtown springfield: Travelling north on S. Main St, Left on 7th Ave, Left on Richard St, property is on the left.
  • Elementary School: Cheatham Park Elementary
  • High School: Springfield High School
  • Levels: One
  • Living Area Source: Assessor
  • Living Area Units: Square Feet
  • Middle Or Junior School: Springfield Middle
  • Mlg Can View: Yes
  • Zoning: Commercial
Parking
  • Total Non Garage Parking Spaces: 4.0
  • Garage Spaces: 1.00
  • Parking Features: Detached
  • Parking Total: 5.00
Taxes and HOA Information
  • Condo Coop Association YN: No
Property
Building Information
  • Above Grade Finished Area Source: Assessor
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Finished Area Source: Assessor
  • Below Grade Finished Area Units: Square Feet
  • Building Area Source: Assessor
  • Building Area Units: Square Feet
  • Flooring: Carpet, Laminate
Lot Information
  • Lot Size Units: Acres
  • Parcel Number: 080J E 00400 000
  • Structure Type: Duplex
Property and Assessments
  • Construction Materials: Stucco
  • Documents Count: 5
  • New Construction: No
  • Possession: Close Of Escrow
  • Property Attached: Yes
  • Senior Community: No
  • Stories: 1
  • Year Built Details: Existing
Utilities
  • Cooling: Central Air, Electric
  • Cooling: Yes
  • Heating: Central, Electric
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Water Available
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Laundry Features: Individual
Exterior Features
  • Attached Garage: No
  • Covered Spaces: 1.00
  • Exterior Features: No Dock
  • Garage: Yes
  • Pool Private: No
  • View YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 2
Unit 1
  • Unit Type Actual Rent: $700.00
  • Unit Type Baths Total: 0
  • Unit Type Beds Total: 1
  • Unit Type Type: 1 Bedroom
Unit 2
  • Unit Type Actual Rent: $900.00
  • Unit Type Baths Total: 0
  • Unit Type Beds Total: 1
  • Unit Type Type: 1 Bedroom
Rental Information
Rental Information
  • Rent Includes: None
  • Tenant Pays: Electricity, Water
  • Total Actual Rent: $1,600

Property History for 702 Richard Street

DateEvent & SourcePriceAppreciation
Nov 26, 2025

Listed (Active)

REALTRACS #3050902

$255,000—
Aug 10, 2021

Closed (Public Record)

Public Record #1469363158

$165,000—
Aug 10, 2021

Closed

REALTRACS #2268925

$165,000—
Jul 25, 2021

Contract - Not Showing

REALTRACS #2268925

—
Jul 18, 2021

Listed (Active)

REALTRACS #2268925

—
Jul 2, 2021

Listed (Active)

REALTRACS #2268925

$160,000—
DateEvent & SourcePrice
11/26/2025

Listed (Active)

REALTRACS #3050902

$255,000
08/10/2021

Closed (Public Record)

Public Record #1469363158

$165,000
08/10/2021

Closed

REALTRACS #2268925

$165,000
07/25/2021

Contract - Not Showing

REALTRACS #2268925

—
07/18/2021

Listed (Active)

REALTRACS #2268925

—
07/02/2021

Listed (Active)

REALTRACS #2268925

$160,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 702 Richard Street

Taxable ValueLand$15,840Additions$43,760Total$59,600
Home Facts
Total Finished SqFt1,015 SqFtAbove Grade Finished SqFt1,015 SqFtUnfinished Basement SqFt1,015 SqFtStories1Lot Size7,350 SqFtStyleDuplexYear Built1947Year Renovated1991CountyROBERTSONAPN080J E 00400

Schools near 702 Richard Street

This home is within Robertson County School District.
Rating
School
Type
Grades
Distance
Westside Elementary School
Public - K to 2
Cheatham Park Elementary School
Public - 3 to 5
Innovation Academy of Robertson County
Public - 6 to 10
Springfield High School
Public - 9 to 12
Rating
School
Distance
Westside Elementary School
PublicK to 2

Cheatham Park Elementary School
Public3 to 5

Innovation Academy of Robertson County
Public6 to 10

Springfield High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 702 Richard Street, Springfield, TN 37172

702 Richard Street is a multi-family home for sale in Springfield, TN 37172. This property was listed for sale on November 26, 2025 by RE/MAX Choice Properties, it's currently listed at $255,000. It has been on the market for a total of 28 days and was last sold on August 10, 2021. This listing's school district is Robertson County School District. Nearby schools include Westside Elementary School, Cheatham Park Elementary School and Innovation Academy of Robertson County. 702 Richard Street is a 2-bed, 0-bath, 1,218 sqft multi-family home built in 1947.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Choice Properties, Eric Alvarez (615.447.8013)

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/25/2025 05:18 AM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.