$735,000
$15K PRICE DROP

Estimated payment $4,410/month

Total Views 4,010
8 Beds
8 Baths
3,604 Sq Ft
$204 Price per Sq Ft

About This Home

This fourplex in Springfield’s Hayden Bridge neighborhood includes four 2-bedroom, 1.5-bathroom units with in-unit laundry hookups and designated parking, all currently leased for immediate income. Conveniently positioned with access to shopping, restaurants, and public transit, the property demonstrates consistent rental performance. An adjacent fourplex on the same lot is also offered separately at the same list price, creating a rare opportunity to acquire up to eight total units in one location, with flexibility to purchase individually or together as a package.

Listing Agent

Joshua Glaspie

ICON Real Estate Group Brokerage Email: ICON@TheICONREGroup.com License #201224520 Listed on: 09/09/2025

ICON Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,925

Year Built

  • Built in 1982

Lot Details

  • 10,454 Sq Ft Lot
  • Level Lot

Parking

  • 8 Parking Spaces

Home Design

  • Composition Roof
  • Plywood Siding Panel T1-11

Interior Spaces

  • 3,604 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Schools

  • Page Elementary School
  • Briggs Middle School
  • Springfield High School

Utilities

  • No Cooling
  • Heating unit installed on the ceiling
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1259884

Community Details

Overview

  • 4 Units

Building Details

  • Operating Expense $10,725
  • Gross Income $56,760
  • Net Operating Income $46,034

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,925

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1982
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 8
  • Lot Size Range: SqFt10000to14999

Exterior Features

  • Exterior Description: T111Siding
  • Lot Size: 10,000 to 14,999 SqFt
  • View: No
  • Lot Features: Level
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Total Parking Spaces: 8.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling: None
  • Cooling Y N: No
  • Heating: Ceiling
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Page
  • High School: Springfield
  • Middle Or Junior School: Briggs

Lot Info

  • Zoning: R2
  • Lot Size Acres: 0.24
  • Lot Size Sq Ft: 10454.0
  • Parcel #: 1259884

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 5925.15

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 12.95
  • Annual Gross Income: 56760.0
  • Property Net Operating Income: 46034.0
  • Annual Operating Expense: 10725.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,108 $328,730 -- --
2023 $6,108 $319,156 $0 $0
2022 $5,657 $309,861 $0 $0
2021 $5,556 $300,836 $0 $0
2020 $5,394 $292,074 $0 $0
2019 $5,231 $283,567 $0 $0
2018 $4,931 $267,289 $0 $0
2017 $4,689 $267,289 $0 $0
2016 $4,597 $259,504 $0 $0
2015 $4,437 $251,946 $0 $0
2014 $3,941 $225,860 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2025 09/09/25 For Sale $750,000 -- $208 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $253,000 First American Title
Warranty Deed -- First American Title
Interfamily Deed Transfer -- First American Title
Warranty Deed -- None Available
Warranty Deed $195,000 Fidelity Natl Title Co Of Or
Interfamily Deed Transfer -- Evergreen Land Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $173,000 New Conventional
Closed $189,750 New Conventional
Previous Owner $170,000 New Conventional
Previous Owner $146,250 Purchase Money Mortgage
Previous Owner $126,900 No Value Available
Closed $29,250 No Value Available
Source: Public Records

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 480520678

Regional Multiple Listing Service (RMLS)

APN: 1259884