Estimated payment $9,825/month
About This Home
Don’t miss this turnkey 7-unit property perfectly situated at “1638 S Street Springfield Or”. This rare find features six stylish townhomes newly constructed in 2024 with the original home renovated in 2024. Located in a high-demand, central pocket just minutes from the vibrant Washburne Historic District and the revitalized Downtown Springfield, home is situated within minutes of two hospitals, easy highway access, and the convenient Ems transit line for easy commuting to Eugene and the University of Oregon. Every unit is designed for low-maintenance luxury, boasting custom hardwood cabinetry, elegant quartz countertops, durable LVP flooring, and high-efficiency heat pumps for year-round comfort. With a proven rental history and the peace of mind that comes with nearly new construction, this property is a standout addition to any portfolio. Enjoy the benefits of a walkable neighborhood and a thriving community in one of the area’s most accessible locations
Listing Agent
John L. Scott Portland Central Brokerage Email: neportland@johnlscott.com License #201212239 Listed on: 01/02/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,159
Year Built
- Built in 1926 | Remodeled
Lot Details
- 0.27 Acre Lot
Home Design
- Shingle Roof
- Wood Siding
- Cement Siding
- Concrete Perimeter Foundation
Interior Spaces
- 4,968 Sq Ft Home
- 2-Story Property
- Crawl Space
Bedrooms and Bathrooms
- 14 Bedrooms
- 13 Bathrooms
Parking
- 14 Parking Spaces
- Driveway
- On-Street Parking
Schools
- Yolanda Elementary School
- Briggs Middle School
- Springfield High School
Utilities
- Ductless Heating Or Cooling System
- Heat Pump System
Listing and Financial Details
- Assessor Parcel Number 1476983
Community Details
Overview
- 7 Units
Building Details
- Operating Expense $15,880
- Gross Income $139,717
- Net Operating Income $123,837
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2025 | $9,159 | $499,451 | -- | -- |
| 2024 | $7,131 | $383,757 | -- | -- |
| 2023 | $7,131 | $131,517 | $0 | $0 |
| 2022 | $2,331 | $127,687 | $0 | $0 |
| 2021 | $2,289 | $123,968 | $0 | $0 |
| 2020 | $2,223 | $120,358 | $0 | $0 |
| 2019 | $2,156 | $116,853 | $0 | $0 |
| 2018 | $2,032 | $110,146 | $0 | $0 |
| 2017 | $1,954 | $110,146 | $0 | $0 |
| 2016 | $1,913 | $106,938 | $0 | $0 |
| 2015 | $1,858 | $103,823 | $0 | $0 |
| 2014 | $1,830 | $100,799 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/02/2026 01/02/26 | For Sale | $1,745,000 | +454.0% | $351 / Sq Ft | |
| 10/21/2022 10/21/22 | Sold | $315,000 | -3.1% | $350 / Sq Ft | View Prior Sale |
| 09/07/2022 09/07/22 | Pending | -- | -- | -- | |
| 08/16/2022 08/16/22 | For Sale | $325,000 | 0.0% | $361 / Sq Ft | |
| 08/04/2022 08/04/22 | Pending | -- | -- | -- | |
| 07/28/2022 07/28/22 | For Sale | $325,000 | +80.6% | $361 / Sq Ft | |
| 12/13/2018 12/13/18 | Sold | $180,000 | -5.3% | $153 / Sq Ft | View Prior Sale |
| 10/31/2018 10/31/18 | Pending | -- | -- | -- | |
| 10/12/2018 10/12/18 | For Sale | $189,999 | -- | $161 / Sq Ft |
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 533835070
APN: 17-03-25-24-00402-000
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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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