Curious about this home?
Ask anything — no agents, no pressure
Try asking
About This Home
This 0-bedroom, 1-bathroom residential multi family at 1021 S Lexington Avenue in Springfield, MO is listed for $740,000. Built in 1981, on a 0.69 acres lot.
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.
Key Features
- Built in 1981
- 0.69 acre lot
Property Details
Amenities
Monthly Cost Estimate
$3,958/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1021 S Lexington Avenue
Springfield, MO 65802
Loren Place
Property Details
Construction
Heating
Cooling
Questions & Answers
This 0-bedroom, 1-bathroom residential multi family at 1021 S Lexington Avenue is listed at $740,000. The estimated monthly payment is $3,207 based on 20% down at 6.5% interest.
Key features include: Built in 1981, 0.69 acre lot.
This property is listed by Adam Graddy and can be reached at 4175015091 or adamgraddy@kw.com.