Springfield Triplex Investment
1701-1709 E Chestnut Street, Springfield, MO 65802
MULTI_FAMILY - Springfield, MO
Lot size:
0.22 Acres- Added:
- Dec 31, 2025
- Days on Market:
- 138
- Last Refresh:
- May 18 at 7:06 pm
Property Features for 1701-1709 E Chestnut Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R-TH
- Bedrooms
- 3
- Bathrooms
- 1
- Rooms
- Bathroom 1, Bedroom 1, Bedroom 2, Bedroom 3
- Interior features
- Washer/Dryer Hookup
- Standard status
- Active
- APN
- 88-12-18-411-059
- Lot size
- 0.22 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- HAYDENS ADD LOTS 92 93 & 94 (EX HWY)
- Tax Annual Amount
- 992
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Ceiling Fan(s), Central Air, Window Unit(s)
Building Details
- Year built
- 1944
- Number of units
- 3
- Building materials
- Brick, Vinyl Siding
- Roof type
- Composition
Listing agent Brea Hunter License #2019018397 (417) 350-4161
Listing office Murney Associates - Primrose 1625 E. Primrose, Springfield, MO (417) 823-2300
Listing date Dec 31, 2025
MLS# 60312414
Listing URL
Copyright © 2026 Southern Missouri Regional MLS, LLC (SOMO). All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Income‑generating investment: Three fully tenanted bungalows generating a combined monthly income of $2,020.
- Prime location: Conveniently located near local colleges and Downtown Springfield.
- Recent upgrades: Includes new roofs on all three properties and updated HVAC systems (high‑efficiency furnace in 1701, mini‑splits in 1705 and 1709).
- 1709 E Chestnut St features a full remodel with new flooring, interiors, bathroom vanity, and window A/C unit.
- Properties are professionally managed for hassle‑free operation.
- Existing leases in place with a rent increase scheduled for one unit in July 2024, providing immediate cash flow.
Overview
This investment opportunity features three bungalows located near local colleges and downtown Springfield. Situated at 1701, 1705 & 1709 E Chestnut St, the properties are currently tenant-occupied, generating a combined monthly income of $2,020. The properties have new roofs and removed chimneys. 1701 has a new high-efficiency furnace while 1705 and 1709 have brand new mini-split heating and cooling systems. At 1701, the tenant of two years is currently paying $600 per month. At 1705, a new lease beginning in July 2024 includes a rent increase to $600 per month. 1709 has undergone a full remodel, boasting new luxury vinyl plank flooring, fresh interiors with new doors, trim, lighting, blinds, bathroom vanity, faucet, and a new window A/C unit. The tenant at 1709 currently pays $820 per month. The lot size is 0.22 acres. These properties are professionally managed. The zoning is R-TH. The properties are sold AS-IS, with the seller making no repairs.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Triplexes
Location Insight
- Map
- Local Demand
- City
- Springfield
- County
- Greene
- State
- Missouri
- Longitude
- -93.26339
- Latitude
- 37.215002
Nearby Similar for Sale
FAQs
What type of property is this?
Triplex - Three bungalows near downtown Springfield, generating $2,020 monthly income.
Where is this triplex located?
The property is located at 1701-1709 E Chestnut Street Springfield, MO.
What is the asking price?
The asking price for this property is $219,900.
What are key features of this property?
This property features: Income‑generating investment: Three fully tenanted bungalows generating a combined monthly income of $2,020.; Prime location: Conveniently located near local colleges and Downtown Springfield.; Recent upgrades: Includes new roofs on all three properties and updated HVAC systems (high‑efficiency furnace in 1701, mini‑splits in 1705 and 1709).
