Last Sold Price
2 beds2 baths1,218 sqft$188/sqft
702 Richard St, Springfield, TN 37172

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. 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.
LISTING CLOSED: 04/02/2026 12:00 AM

  1. Listed by Eric Alvarez • RE/MAX Choice Properties
    P: (615) 447-8013 C: (615) 447-8013 ericalvarez@remax.net

Property Details for 702 Richard Street

Status
MLS #
3050902
Days on Market
98
Taxes
$1,493 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential Income
Year Built
1947
Lot Size
-
Subdivision Name
n/a
Waterfront
No

Location

Add your commute

Building Information for 702 Richard Street

Stories1Residences2Year Built1947Building Size-Lot Size-

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$1,288 per month

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Principal and Interest

$1,164

Property Taxes

$124

HOA Dues

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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: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: 1 Bedroom
Unit 2
  • Unit Type Actual Rent: $900.00
  • Unit Type Baths Total: 1
  • 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
Apr 2, 2026

Closed (Public Record)

Public Record #1936759461

$229,000
Apr 2, 2026

Closed (Public Record)

Public Record #1934514563

$229,000

+7.3% / yr

Apr 2, 2026

Closed

REALTRACS #3050902

$229,000
DateEvent & SourcePrice
04/02/2026

Closed (Public Record)

Public Record #1936759461

$229,000
04/02/2026

Closed (Public Record)

Public Record #1934514563

$229,000

+7.3% / yr

04/02/2026

Closed

REALTRACS #3050902

$229,000

For completeness, we 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
Public - K to 2
Public - 3 to 5
Public - 6 to 12
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 12

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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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

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

Based on information submitted to the MLS GRID as of 04/07/2026 01:34 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.