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Sold on 11/15/2021

405 Locust St, Springfield, TN 37172

  • $1,000,000

    Last sold 11/15/2021 after 123 Days

  • —

    bed

  • —

    bath

  • 8,508

    Sqft ($118/Sqft)

Multi-family not for sale
Movoto is helping 8 homebuyers near you

About 405 Locust St

Property type Multi-family
Year built 1920
HOA fee $0/month
Rental estimate
Property description
Very will maintained 8 unit apartment building Investment! Downtown Historic District of Springfield, walkable to many shops and restaurants. 2 bedroom / 1 bath units each with their own utility meters and mechanical equipment. 17 parking spaces. ******* Current rents are below market with considerable upside potential**********
Listed by
Listing Agent - Martie Burnett
Listing Office - EXP Realty
Source: RealTracs mls logo
MLS#2272074 • last updated 4 years ago
Movoto checked RealTracs for data 6 minutes ago
Overview
Cooling/AC Electric
Heating Natural Gas
Levels/Style Two, 2
Type Residential Income
MLS # 2272074
Living Area 8508, Square Feet
Property Tax $ 4331
Year Built 1920, EXIST
Interior
Exterior
Roof Asphalt
Construction Brick
Parking Desc Asphalt
Amenities / Utilities
Water Source Public
Sewer/ Septic Public Sewer
Location
Subdivision None
Elementary School Cheatham Park Elementary
High School Springfield High School
Middle School Springfield Middle School
Directions From Memorial Blvd. Turn Left On To 5th Avenue Then Right On Locust Street
Zoning Res
APN 080G D 3800 0
Multifamily Details
# of Units Total 8
Net Operating Income 53742
Total Actual Rent 3200
Operating Expense 17488
Annual Gross Income 71230
We are not permitted to show value estimates for this property.
  • Jan 2022
    Public Records
  • Jan 24, 2022 Sold
    $1,000,000
  • Jan 2022
    mls logo MLS # 2272074
  • Jan 21, 2022 Sold
    $1,000,000 (-9.1%)
  • Nov 15, 2021 Pending
    —
  • Jun 30, 2021 Listed
    $1,100,000 (+633.3%)
  • Nov 2005
    Public Records
  • Nov 14, 2005 Sold
    $150,000
  • Jun 2003
    Public Records
  • Jun 23, 2003 Sold
    $150,000
  • 405 Locust St
    $1M
  • —
  • 37172
    $394K -7% y/y
  • Springfield
    $394K -7% y/y
No chart available
Statistics calculated by Movoto

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N/A
Westside Elementary School
public Grades K-2
Robertson County School District
3/10
Springfield High School
public Grades 9-12
Robertson County School District
Source: GreatSchools.org © 2026. All rights reserved.

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  • Real Estate
  • TN
  • Robertson County
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  • 37172
  • 405 Locust St
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