$705,000
SOLD MAR 20, 2025

1157/1159 S 43rd Place Springfield, OR 97478

East Springfield Neighborhood
-- Bed
-- Bath
3,107 Sq Ft
4,791 Sq Ft Lot

Recently Sold

$227 Per Sq Ft

1% Above List Price

66 Days on Market

Highlights

  • New Construction
  • Forced Air Heating and Cooling System
  • High Speed Internet
  • No HOA
  • 2 Car Garage
  • Lap Siding

About This Home

As of March 2025

Welcome to this brand new construction duplex located at 1157/1159 S 43rd Place.Looking for a prime investment property? 1031 exchange? This brand new construction duplex offers a fantastic opportunity. With tenants in place paying top market rate rents, this property is a turn-key investment. Each side features 3 bedrooms, 2.5 bathrooms, and a one-car garage. Total Square Footage is 3,107 SQFT across both units.Gorgeous, modern kitchen with brand new stainless steel appliances, opening up to the dining area and living space. Convenient half bathroom downstairs. Upper levels offer primary bedroom with ensuite bathrooms, washer/dryer hookups, and two additional bedrooms with a full bath. Private and fenced back yard. This home offers central forced air heating/cooling, gorgeous finishes, and a bright, welcoming ambiance throughout. This duplex is designed with style and functionality in mind, offering tenants comfort and convenience. With great market rents and minimal upkeep, it’s an investment that will keep delivering for years to come.Must See – Model unit available to show today! Do not disturb tenants.

Last Agent to Sell the Property

Julia Travess

Triple Oaks Realty LLC Brokerage Phone: 541-505-0636 License #201218857 Listed on: 12/19/2024

Last Buyer's Agent

Naseem Hamide

Works Real Estate License #201237039

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $684

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 4,791 Sq Ft Lot

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Composition Roof
  • Lap Siding
  • Cement Siding

Interior Spaces

  • 3,107 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Schools

  • Mt Vernon Elementary School
  • Agnes Stewart Middle School
  • Springfield High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • Rent includes ground maintenance
  • Assessor Parcel Number 1914993

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Jasper Gardens Subdivision

Building Details

  • Gross Income $57,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$684

Year Built

Built in 2024 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 2024
  • Property Condition: NewConstruction
  • Property Attached Yn: No
  • Current Price For Status: 705000.0
  • Open House: No
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Storage: Garage
  • Lot Size Range: SqFt3000to4999

Exterior Features

  • Exterior Description: CementSiding,LapSiding
  • Lot Size: 3,000 to 4,999 SqFt
  • View: No
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Parking Description: Driveway, Garage
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Total Parking Spaces: 4.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Internet Service Type: Cable
  • Security: None
  • Cooling: CentralAir
  • Cooling Y N: Yes
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Mt Vernon
  • High School: Springfield
  • Middle Or Junior School: Agnes Stewart

Lot Info

  • Zoning: R-1
  • Lot Size Acres: 0.11
  • Lot Size Sq Ft: 4791.0
  • Parcel #: 1914993

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: MaintenanceGrounds, None

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 684.42

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 12.14
  • Annual Gross Income: 57600.0

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/20/2025 03/20/25 Sold $705,000 +0.9% $227 / Sq Ft
02/23/2025 02/23/25 Pending -- -- --
01/27/2025 01/27/25 For Sale $699,000 0.0% $225 / Sq Ft
01/25/2025 01/25/25 Pending -- -- --
12/19/2024 12/19/24 For Sale $699,000 -- $225 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Julia Travess

    Seller's Agent in 2025

    Julia Travess

    Triple Oaks Realty LLC

    (541) 505-0636

    16 in this area

    78 Total Sales

    Julia Travess
    Section Image
  • Naseem Hamide

    Buyer's Agent in 2025

    Naseem Hamide

    Works Real Estate

    (541) 337-7331

    3 in this area

    72 Total Sales

    Naseem Hamide
    Section Image
See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24202901

Regional Multiple Listing Service (RMLS)
Oregon Lane County Springfield 97478 East Springfield

1157/1159 S 43rd Place, Springfield, OR

Sold

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