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1016 S Lexington Avenue

Springfield, MO 65802

– beds
1 bath
1,968 sqft
7,405 sqft lot
$124 per sqft
1980 build
– on site

Discover an exceptional investment opportunity with this well-maintained duplex at 1016 & 1018 South Lexington Avenue, Springfield, MO 65802. Each side of this charming property features a spacious 2-bedroom, 1-bath layout with a convenient one-car garage, offering comfort and functionality for tenants or homeowners alike.1016 South Lexington: Currently vacant and move-in ready, this unit is perfect for an owner-occupant or a new tenant. Freshly prepared, it's a blank canvas for personalization or immediate leasing.1018 South Lexington: Leased through June 2025 at $895 per month, providing instant rental income for investors. The existing lease ensures cash flow from day one.This duplex is a prime choice for investors seeking steady rental income or house hackers looking to live in one unit while renting the other to offset mortgage payments. Located in a desirable Springfield neighborhood, the property offers easy access to local amenities, schools, and major roadways.Don't miss this versatile property that blends affordability, income potential, and lifestyle flexibility. Schedule a showing today to explore the possibilities!

Listing courtesy of SOMO / Murney Associates - Primrose

Last checked: Checking… • Last updated Jul 15, 2025 •

MLS# 60297791 —

The Building

Year Built:

1980
Construction Materials:

Frame
Roof:

Composition

Interior

Interior Features:

Fireplace

Room Dimensions

Living Area:

1968

Location

Directions:

From Kansas to Grand, head east on Grand then turn right on University, Property is on the left
Longitude:

-93.31346
Latitude:

37.196582

The Property

Property Type:

Residential Income
Property Subtype:

Duplex
Lot Size Acres:

0.17
Zoning:

INC
Parcel Number:

1327101025
Waterfront View:

None
Other Structures:

One
Road Surface Type:

Concrete, Curbs

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Annual Amount:

931.92
Tax Legal Description:

LOREN PLACE LOT 23

Baths

Total Baths:

1

Heating & Cooling

Heating:

Fireplace(s), Central
Cooling:

Central Air, Ceiling Fan(s)

Utilities

Utilities:

Community
Sewer:

Public Sewer
Water Source:

City

Appliances

Appliances:

Disposal, Dishwasher, Dryer, Washer

Schools

Elementary School:

SGF-McGregor
Middle Or Junior School:

SGF-Westport
High School:

SGF-Parkview

The Community

Subdivision Name:

Loren Place

Parking

Garage Spaces:

2
Attached Garage:

true
Parking Features:

Two or More

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
7/15/25 Jul 15, 2025	Price Changed	SOMO	$245,000	-2.0%
6/23/25 Jun 23, 2025	Listed / Active	SOMO	$250,000	4.2% (2.5% / YR)
11/1/23 Nov 1, 2023		SOMO	$240,000

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This multifamily located in West Central, Springfield, MO 65802 is currently for sale for $245,000. 1016 S Lexington Avenue is a 1,968 square foot multifamily with – beds and 1 bath that has been on Estately for 23 days. 1016 S Lexington Avenue is in the West Central neighborhood of Springfield and has a WalkScore® of 39, making it car-dependent.

Listing Courtesy of: SOMO and Murney Associates - Primrose.

The data relating to real estate for sale on this web page comes in part from the Internet Data Exchange (IDX) of the Southern Missouri Regional MLS, LLC , Inc. Real estate listings held by Brokerage firms other than Estately, Inc., are marked with the IDX logo and detailed information about them includes the name of the listing Brokers. The information being provided is for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information being provided is not guaranteed, and all information should be verified by the consumer. Any representation that a web site contains all listings shall only mean that the web site contain all listing available to the public through the IDX data feed. There may be other properties offered through a REALTOR® that have not been displayed on this site. © 2025 Southern Missouri Regional MLS, LLC All rights reserved.