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.
Keller WilliamsBrokerage Email: klrw369@kw.comLicense #2004014961Listed on: 08/19/2025
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:
Collateral Analytics
Collateral Analytics
Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.
Not Available
Collateral Analytics does not have data for the current month. Please view the chart for historical values.
ICE
ICE Mortgage Technology
ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.
Not Available
ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.
First American
First American
First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.
Not Available
First American does not have data for the current month. Please view the chart for historical values.
Quantarium
Quantarium
Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.
Not Available
Quantarium does not have data for the current month. Please view the chart for historical values.
Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Source: Public Records
Average Home Value in this Area
Source: Public Records
Tax History
Year
Tax Paid
Tax AssessmentTax 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.
Investment opportunity! This rental property package includes four homes with a total of 4,877 sq ft, generating $5,070 in monthly income. Three of the homes are spacious 3-bed, 2-bath, 2-car garage layouts, perfect for families or long-term tenants. The fourth home is a cozy 3-bed, 2-bath with a 1-car garage, adding diversity to the rental portfolio. With well-maintained properties and solid
Investment opportunity! This rental property package includes four homes with a total of 5,083 sq ft, generating $4,750 in monthly income. Three of the homes are spacious 3-bed, 2-bath, 2-car garage layouts, perfect for families or long-term tenants. The fourth home is a cozy 3-bed, 1.5-bath with a 2-car garage, adding diversity to the rental portfolio. With well-maintained properties and solid
Investment opportunity! This rental property package includes four homes with a total of 5,329 sq ft, generating $5,525 in monthly income. Three of the homes are spacious 3-bed, 2-bath, 2-car garage layouts, perfect for families or long-term tenants. The fourth home is a cozy 2-bed, 1-bath with a 1-car garage, adding diversity to the rental portfolio. With well-maintained properties and solid
This home is located at 1021 S Lexington Ave, Springfield, MO 65802 and is currently priced at $780,000. This property was built in 1981. 1021 S Lexington Ave is a home located in Greene County with nearby schools including McGregor Elementary, Westport K-8 School, and Parkview High School.
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
SOMO MLS respects the intellectual property rights of others and expects you to do the same. Per the DMCA, SOMO MLS will respond expeditiously to claims of copyright infringement on the Site if submitted to SOMO MLS' s Copyright Agent as described below. Upon receipt of a notice alleging copyright infringement, SOMO MLS will take whatever action it deems appropriate within its sole discretion, including removal of the allegedly infringing materials. If you believe that your intellectual property rights have been violated by SOMO MLS or by a third party who has uploaded materials to the Site, please provide the following information to SOMO MLS' s designated Copyright Agent listed below:
a. A description of the copyrighted work or other intellectual property that you claim has been infringed; b. A description of where the material that you claim is infringing is located on the Site; c. An address, telephone number, and e-mail address where SOMO MLS can contact you and, if different, an e-mail address where the alleged infringing party, if not SOMO MLS, can contact you; d. A statement that you have a good-faith belief that the use is not authorized by the copyright owner or other intellectual property rights owner, by its agent, or by law; e. A statement by you under penalty of perjury that the information in your notice is accurate and that you are the copyright or intellectual property owner or are authorized to act on the owner's behalf; f. Your electronic or physical signature. SOMO MLS may request additional information before removing any allegedly infringing material.
In the event SOMO MLS removes the allegedly infringing materials, SOMO MLS will immediately notify the person responsible for posting such materials that SOMO MLS removed or disabled access to the materials. SOMO MLS may also provide the responsible person with your e-mail address so that the person may respond to your allegations. SOMO MLS reserves the right to terminate, limit or suspend any user's access to the Site in the event of repeated infringing activity. If you believe that a user of this Site is a repeat infringer, please follow the above instructions to contact SOMO MLS's Copyright Agent. Please include sufficient information to assist SOMO MLS in determining that the user repeatedly engaged in infringing activity. SOMO MLS registered a designated agent with the Copyright Office pursuant to 17 U.S.C. 512(c). SOMO MLS's designated Copyright Agent is: Jeff Kester 1310 Primrose, Springfield, MO 65804, Phone: 417-883-1226, Email: jeff@gsbor.com