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$250,000

Est. payment - /mo

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1 Bath

1,968 SqFt

New

1016 S Lexington AVE Springfield, MO 65802

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Tyler Duggins

tylerduggins@westgaterealty.com +1(417) 293-2754

UPDATED:

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

Total Fin. Sqft 1968

Year Built 1980

Annual Tax Amount $931

Tax Year 2024

Lot Size 7,405 Sqft

Acres 0.17

Property Sub-Type Duplex

Source somo

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

Direction From Kansas to Grand, head east on Grand then turn right on University, Property is on the left

Interior

Interior Features Carpet, Fireplace

Heating Fireplace(s), Central

Cooling Central Air, Ceiling Fan(s)

Fireplace No

Appliance Range, Disposal, Dishwasher, Dryer, Washer

Heat Source Fireplace(s), Central

Exterior

Parking Features Two or More

Garage Spaces 2.0

Utilities Available Community

Waterfront Description None

Roof Type Composition

Street Surface Concrete,Curbs

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

Listed by Langston Group Murney Associates - Primrose

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Tyler Duggins

Agent | License ID: 2019030903

+1(417) 293-2754

1016 S Lexington AVE Springfield, MO 65802

Tyler Duggins

Key Details

Location

Interior

Exterior

Building

Schools

Others

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