502 W Lincoln Street Springfield, MN $ 155,000
502 W Lincoln Street
$ 155,000
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502 W Lincoln Street

Springfield, MN, 56087
$ 155,000
Bedrooms5 Baths2.0 Sq 2,238

Monthly Estimate*

$ 967

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Single Family Home for sale in Springfield, MN

for $155,000 with 5 bedrooms and 2 full baths. This 2,238 square foot home was built in 1910 on a lot size of 0.16.

Beautifully Updated Duplex in Springfield — Ideal Investment or Owner-Occupied Opportunity Discover this well-maintained and nicely updated duplex located just steps from the local school. The spacious main-level unit features 3 bedrooms and 1 bathroom, offering an excellent layout for families or long-term tenants. The upper unit includes 2 bedrooms and 1 bathroom, providing comfortable living with great rental potential. An attached 2-stall garage adds convenience and value, along with additional off-street parking. Both units offer clean, modern updates, making this property completely move-in or rent-ready. Whether you’re an investor looking to rent out both units, or a buyer wanting to live in one unit and let the other help pay your mortgage, this property is a versatile and attractive option. Don’t miss this opportunity to own a solid, income-producing duplex in a prime Springfield location! Priced well under assessed value!

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Single Family Active

Price

$ 155,000

Bedrooms

5

Full Bath

2

Property Type

Single Family

Taxes

$ 4,362

Style

TWO STORY

Lot Size

0.16

Year Built

1910

Town/City

Springfield

County/Region

Brown

MLS | Web ID

251454

Features
General
Sewer Public Sewer
Construction Concrete Block
Heating Forced Air
Cooling Central
Flood Zone Unknown
Number of Garage Spaces 2
School District Springfield
Architctural Style TWO STORY
Stories Count 2
Class RESIDENTIAL
Assessments Unknown
Levels Two
Type Duplex
Yearly Taxes 4362
Tax Year 2025
Fuel Natural Gas
Status Active
Subdivision MN
Sale/Rent For Sale
Status Detail 0
Lot Sqft 7100
Construction Materials Smart Board
Primary City Springfield
Year Built 1910
City Springfield
Total Sq Ft 2238
DOM 28
Secondary City Brown County
Postal Code 56087
Price Per Sq Ft Total AG 69.26
Public Remarks Beautifully Updated Duplex in Springfield — Ideal Investment or Owner-Occupied Opportunity Discover this well-maintained and nicely updated duplex located just steps from the local school. The spac
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Exterior
Waterfront 0
Garage Type Detached
Lot Size Source Other
Water Source Public/City
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Interior
Furnished Y/N No
Total Baths 2
Full Baths 1
1/4 Baths 0
Basement Style Full
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* Excluded Features
List By
Holli Hansen

Listing Agent

Re/Max Lakes Realty

Broker

(507) 220-4487

Phone

holli@sellboji.com

Email

Affordability Calculator

$1,330
Per Month
73%
27%
0%
Monthly Principal & Interest
$967
Monthly Property Taxes
$364
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
5341471 Elementary School
5341470 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/14/2025$155,000 Listed Price

Map


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502 W Lincoln Street, Springfield, MN, 56087 is a Single Family Home for sale at $155,000 with 2,238 sqft and a lot size of 0.16. 502 W Lincoln Street has 5 bedrooms, 2.0 baths, and was built in 1910. The property's zip code is 56087 which is in Springfield, MN