215 Smith Loop Springfield, OR 97478
East Springfield NeighborhoodEstimated payment $3,173/month
Highlights
- Mini Split Air Conditioners
- Lap Siding
- Mini Split Heat Pump
About This Home
Prime Thurston neighborhood duplex — a rare chance to own a turnkey income property with a built-in value-add play.This exceptional, well-maintained duplex offers 2,268 square feet of total living space across two generously sized units. Each side features a spacious 3-bedroom, 1.5-bathroom layout , situated on a 6,098 SF lot in one of Springfield's most sought-after neighborhoods. Built in 1993 and zoned MD – Medium Density Residential, this property checks every box for investors, house-hackers, and landlords alike.Both unit are tenant-occupied and generating $1,260/month and $1725/month in immediate rental income.Investors will appreciate the significant recent upgrades, including brand-new siding, windows, and sliding doors, a solid roof that is only 4-5 years old, and new mini-split heating and AC systems for tenant comfort and energy efficiency.
Listing Agent
Real Broker Brokerage Email: dan@theoperativegroup.com License #201235300 Listed on: 05/01/2026
Co-Listing Agent
Real Broker Brokerage Email: dan@theoperativegroup.com License #201261238
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,481
Year Built
- Built in 1993
Parking
- 2 Car Garage
- Carport
- Driveway
Home Design
- Shingle Roof
- Lap Siding
Interior Spaces
- 2,268 Sq Ft Home
- 2-Story Property
- Crawl Space
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Bathrooms
Schools
- Riverbend Elementary School
- Agnes Stewart Middle School
- Thurston High School
Utilities
- Mini Split Air Conditioners
- Central Air
- Mini Split Heat Pump
- Electric Water Heater
Additional Features
- 6,098 Sq Ft Lot
- Vinyl Skirt
Listing and Financial Details
- Assessor Parcel Number 1286572
Community Details
Overview
- 2 Units
Building Details
- Operating Expense $4,481
- Gross Income $2,985
- Net Operating Income $31,339
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 | $4,481 | $244,357 | -- | -- |
| 2024 | $4,408 | $237,240 | -- | -- |
| 2023 | $4,408 | $230,331 | $0 | $0 |
| 2022 | $4,083 | $223,623 | $0 | $0 |
| 2021 | $4,010 | $217,110 | $0 | $0 |
| 2020 | $3,893 | $210,787 | $0 | $0 |
| 2019 | $3,775 | $204,648 | $0 | $0 |
| 2018 | $3,559 | $192,901 | $0 | $0 |
| 2017 | $3,420 | $192,901 | $0 | $0 |
| 2016 | $3,339 | $187,283 | $0 | $0 |
| 2015 | $2,872 | $166,958 | $0 | $0 |
| 2014 | $3,242 | $181,828 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/02/2026 05/02/26 | Price Changed | $525,000 | -4.5% | $231 / Sq Ft |
| 05/01/2026 05/01/26 | For Sale | $550,000 | -- | $243 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | Evergreen Land Title Co | |
| Interfamily Deed Transfer | -- | -- | |
| Warranty Deed | $135,000 | Western Pioneer Title Co | |
| Interfamily Deed Transfer | -- | Western Pioneer Title Co |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $100,000 | No Value Available | |
| Previous Owner | $108,000 | No Value Available |
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 353491641
APN: 1286572
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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 © 2026 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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