See Home Value
$1,271,343*
Multifamily - Off Market

405 Locust St

Springfield, TN 37172
bedrooms
Studio
bathrooms
4 Baths
square feet
8508 Sqft
$990,000 - $1,210,000
Reference Base Price*
15.58%
Since Aug 1, 2021
National-US
Primary Model

About This Property

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**********

The manager has listed the unit size as 8508 square feet.
Unit Size
8,508Ft²
Days on Market
-
Land Size
-
Price per sqft
$129
Property Type
Multifamily
Property Taxes
$4,331
HOA Dues
-
Year Built
1920

Price History

Date / Event Date Event Price
Jan 24, 2022 Sold $3,713
Sold
Jul 19, 2021 Listed $1,100,000
Listed

Property Highlights



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Multifamily
Stu
7 Baths
16,800 ft²
$77/ft²
$1,295,000 Jan 9, 2021
-
$2,097/mo
Commercial
Loft
-
9,334 ft²
$134/ft²
$1,250,000 Apr 14, 2020
-
-
Commercial
Loft
-
24,152 ft²
$39/ft²
$950,000 Jun 3, 2021
-
-

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

405 Locust Street 405 Locust Street, Springfield, TN 37172
  • 1 Unit for Sale
More about this Building
405 Locust Street
Want to find out who owns 405 Locust Street, Springfield, TN 37172? Get detailed property transactions here .

About Springfield


Similar Homes for Sale

Unit for sale at 608 South Main Street, Springfield, TN 37172

$950,000

  • Commercial
  • 24,152 ft²
608 South Main Street, Springfield, TN 37172 Listing by Brandon Webster
Unit for sale at 1101 Memorial Boulevard, Springfield, TN 37172

$1,250,000

  • Commercial
  • 9,334 ft²
1101 Memorial Boulevard, Springfield, TN 37172 Listing by Alan Holman

Nearby Rentals

Unit for rent at 105 20th Ave W, Springfield, TN, 37172

$1,800 /mo

  • 3 Beds
  • 2 Baths
  • 1,322 ft²
105 20th Ave W #105 20th Ave W, Springfield, TN, 37172 Listing by Manager


Nearby Counties
Quantcast