C
Seller's Agent in 2025
Caspian Hoehne
Merit Commercial RE, LLC
(541) 944-9967
1 in this area
57 Total Sales
124 S 63rd St Springfield, OR 97478
Thurston Neighborhood
5
Beds
5
Baths
3,503
Sq Ft
8,276
Sq Ft Lot
Highlights
- City View
- Forced Air Heating System
- 3 Car Garage
About This Home
As of July 2025Exclusively presented for sale - 124 S 63rd Street, a clean, 1995-built fourplex in east Springfield. This rare, newer four-unit property is ideal for investors or owner-occupants seeking a stable, income-producing asset in a mature neighborhood. Sited on a corner lot at Main Street and S. 63rd Street, it features two buildings on one tax lot; the 2-story SFR offers a standalone 2-bed/1.5-bath unit with a garage spanning 1,523 SF. The 2-story triplex includes (3) 1-bed/1-bath units, each above a dedicated garage. All units have private fenced yards and ample greenery throughout. Located in a quiet area, it's walkable to parks, Thurston High, Thurston Middle, and Ridgeview Elementary, with easy access to all of Springfield and Eugene via Main Street. There is materially below-market rents, two tenants on month-to-month leases; owner-occupant possibility! Additional interior photos to come - contact brokers for a full offering memorandum!
Last Agent to Sell the Property
Merit Commercial Real Estate, LLC. License #201234073 Listed on: 05/04/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,341
Year Built
- Built in 1995
Lot Details
- 8,276 Sq Ft Lot
Parking
- 3 Car Garage
Property Views
- City
- Mountain
- Territorial
Home Design
- Composition Roof
- Plywood Siding Panel T1-11
- Concrete Perimeter Foundation
Interior Spaces
- 3,503 Sq Ft Home
- 2-Story Property
- Crawl Space
- Washer and Dryer Hookup
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Bathrooms
Schools
- Riverbend Elementary School
- Thurston High School
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Mounted To A Wall or Window
Listing and Financial Details
- Rent includes sewer, trashcollection, water
- Assessor Parcel Number 1261500
Community Details
Overview
- 4 Units
Building Details
- Operating Expense $20,750
- Gross Income $49,080
- Net Operating Income $22,482
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 29, 2025
Closed on
Jun 27, 2025
Sold by
Lorilee Moser Silvaggio Trust and Driscoll Deanna
Bought by
Vuong Thong G and Tran Van T
Seller's Agent
Caspian Hoehne
Merit Commercial RE, LLC
Buyer's Agent
Non ODS Realtor
No Office
List Price
$625,000
Sold Price
$606,500
Premium/Discount to List
-$18,500
-2.96%
Views
23
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-41.45%
Original Mortgage
$424,550
Outstanding Balance
$424,550
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$123,306
Purchase Details
Closed on
Feb 6, 1998
Sold by
Holland R G and Silvaggio Joseph
Bought by
Driscoll Deanna and Hazel Moser Trust
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $606,500 | Fidelity National Title | |
| Quit Claim Deed | -- | Fidelity National Title Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $424,550 | New Conventional | |
| Closed | $424,550 | New Conventional | |
| Previous Owner | $424,550 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/02/2025 07/02/25 | Sold | $606,500 | -3.0% | $173 / Sq Ft |
| 05/08/2025 05/08/25 | Pending | -- | -- | -- |
| 04/29/2025 04/29/25 | For Sale | $625,000 | -- | $178 / Sq Ft |
Source: Regional Multiple Listing Service (RMLS)
Tax History Compared to Growth
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 | $6,230 | $335,290 | -- | -- |
| 2023 | $6,230 | $325,525 | $0 | $0 |
| 2022 | $5,770 | $316,044 | $0 | $0 |
| 2021 | $5,667 | $306,839 | $0 | $0 |
| 2020 | $5,501 | $297,902 | $0 | $0 |
| 2019 | $5,336 | $289,226 | $0 | $0 |
| 2018 | $5,030 | $272,623 | $0 | $0 |
| 2017 | $4,837 | $272,623 | $0 | $0 |
| 2016 | $4,735 | $264,683 | $0 | $0 |
| 2015 | $4,600 | $256,974 | $0 | $0 |
| 2014 | $4,327 | $248,006 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Caspian Hoehne
-
Scott King
Seller Co-Listing Agent in 2025
Scott King
Merit Commercial RE, LLC
(541) 890-6708
1 in this area
68 Total Sales
-
N
Buyer's Agent in 2025
Non ODS Realtor
No Office
Map
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 390795117
APN: 1261500
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.
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