MO > Springfield > Loren Place
Springfield, MO 65802,1021 S Lexington AVE
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Springfield, MO 65802,1021 S Lexington AVE
Springfield, MO 65802,1021 S Lexington AVE
Springfield, MO 65802,1021 S Lexington AVE
Springfield, MO 65802,1021 S Lexington AVE
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Suzanna Wolfe

Suzanna Wolfe

+1(573) 245-8774
$ 780,000
Est. payment /mo
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1021 S Lexington AVE Springfield, MO 65802

1 Bath

0.69 Acres Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Subdivision Loren Place

MLS Listing ID SOM60302602

Year Built 1981

Annual Tax Amount $3,308

Tax Year 2024

Lot Size 0.690 Acres

Acres 0.69

Property Sub-Type Duplex

Source somo

Property Description

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.

Location

State MO

County Greene

Zoning INC

Direction North on Hwy 13, East on Grand St, South on Lexington Ave.

Interior

Heating Central

Cooling Central Air

Fireplace No

Heat Source Central

Exterior

Parking Features Paved Area

Utilities Available Community, Water Available, Sewer Available, Natural Gas Available, Electricity Available

Waterfront Description None

Roof Type Composition

Building

Sewer Public Sewer

Water City

Structure Type Brick

Schools

Elementary Schools Sgf-Mcgregor

Middle Schools Sgf-Westport

High Schools Sgf-Parkview

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by Adam Graddy Keller Williams
agent

Suzanna Wolfe

Broker | License ID: 2007010758

+1(573) 245-8774

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1021 S Lexington AVE