$780,000

Estimated payment $4,526/month

Total Views 141
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

About This Home

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 Agent

Adam Graddy

Keller Williams Brokerage Email: klrw369@kw.com License #2004014961 Listed on: 08/19/2025

Keller Williams

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,309

Year Built

  • Built in 1981

Home Design

  • Duplex
  • Brick Exterior Construction

Schools

  • Mcgregor Elementary School
  • Parkview High School

Additional Features

  • 0.69 Acre Lot
  • Central Heating and Cooling System

Community Details

  • 8 Units
  • Loren Place Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1327102015

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,309

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex/Triplex/Fourplex
  • Attribution Contact: klrw369@kw.com
  • Lot Size Acres: 0.69
  • Water Body Name: None
  • Subdivision Name: Loren Place
  • Garage Yn: No
  • Year Built: 1981
  • Water: Yes
  • Special Features: None

Exterior Features

  • Waterfront: No
  • General Property Description:WaterfrontView: None
  • Construction:Brick5: Yes

Garage/Parking

  • Parking Features: Paved Area
  • Parking:Paved Area: Yes

Utilities

  • Cooling: Central
  • Heating: Central
  • Sewer: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Central2: Yes
  • Utilities Electricity: Yes

Schools

  • Middle Or Junior School: SGF-Westport

Lot Info

  • Zoning: INC
  • Lot Size Sq Ft: 30056.4
  • Parcel #: 1327102015

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 3308.71

Multi Family

  • Bathrooms Each Unit: 1
  • Number Of Units Total: 8

MLS Schools

  • Elementary School: SGF-McGregor
  • High School: SGF-Parkview

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,309 $81,620 $19,000 $62,620
2024 $3,309 $61,670 $6,650 $55,020
2023 $3,290 $61,670 $6,650 $55,020
2022 $3,252 $59,550 $6,650 $52,900
2021 $3,252 $59,550 $6,650 $52,900
2020 $2,955 $51,750 $3,190 $48,560
2019 $2,872 $51,750 $3,190 $48,560
2018 $2,850 $51,380 $2,660 $48,720
2017 $2,821 $53,960 $2,660 $51,300
2016 $2,957 $53,960 $2,660 $51,300
2015 $2,930 $53,960 $2,660 $51,300
2014 $2,952 $53,960 $2,660 $51,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2025 08/19/25 For Sale $780,000 -76.9% --
12/20/2021 12/20/21 Sold -- -- --
10/06/2021 10/06/21 Pending -- -- --
09/22/2021 09/22/21 Price Changed $3,380,000 +3.0% $2,007 / Sq Ft
09/22/2021 09/22/21 For Sale $3,280,000 -- $1,948 / Sq Ft
Source: Southern Missouri Regional MLS

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Source: Southern Missouri Regional MLS

MLS Number: 60302602

Southern Missouri Regional MLS

APN: 13-27-102-015