1016 S Lexington AVE new Save Request In-Person Tour Request Virtual Tour
Springfield,MO 65802
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,968 sqft
Price per Sqft $127
Subdivision Loren Place
MLS Listing ID SOM60297791
Year Built 1980
Annual Tax Amount $931
Tax Year 2024
Lot Size 7,405 Sqft
Property Sub-Type Duplex
Property Description
Discover an exceptional investment opportunity with this well-maintained duplex at 1016 & 1018 South Lexington Avenue, Springfield, MO 65802. Each side of this charming property features a spacious 2-bedroom, 1-bath layout with a convenient one-car garage, offering comfort and functionality for tenants or homeowners alike.1016 South Lexington: Currently vacant and move-in ready, this unit is perfect for an owner-occupant or a new tenant. Freshly prepared, it's a blank canvas for personalization or immediate leasing.1018 South Lexington: Leased through June 2025 at $895 per month, providing instant rental income for investors. The existing lease ensures cash flow from day one.This duplex is a prime choice for investors seeking steady rental income or house hackers looking to live in one unit while renting the other to offset mortgage payments. Located in a desirable Springfield neighborhood, the property offers easy access to local amenities, schools, and major roadways.Don't miss this versatile property that blends affordability, income potential, and lifestyle flexibility. Schedule a showing today to explore the possibilities!
Location
State MO
County Greene
Zoning INC
Interior
Heating Fireplace(s),Central
Cooling Central Air,Ceiling Fan(s)
Exterior
Parking Features Two or More
Garage Spaces 2.0
Utilities Available Community
Waterfront Description None
Roof Type Composition
Building
Sewer Public Sewer
Water City
Structure Type Frame
Schools
Elementary Schools Sgf-Mcgregor
Middle Schools Sgf-Westport
High Schools Sgf-Parkview
Others
Acceptable Financing Cash,VA,FHA,Conventional
Listing Terms Cash,VA,FHA,Conventional