Seller's Agent in 2025
Jesse Haffly
eXp Realty LLC
(541) 623-0550
8 in this area
217 Total Sales
349 40th St Springfield, OR 97478
East Springfield Neighborhood
8
Beds
4
Baths
2,640
Sq Ft
8,712
Sq Ft Lot
Highlights
- Window Unit Cooling System
- Wood Siding
- 1-Story Property
- Zoned Heating
About This Home
As of November 2025Great opportunity to purchase a turnkey 4-Plex in the heart of Springfield. Live in one unit & rent out the rests or add this great property to your investment portfolio. Lots of valuable updates including a brand new roof, new gutters, updated interior features & more! Each unit features two bedrooms & one bathroom. With plenty of room for parking for each unit. Both 349 40th 351 40th are available. Listed separately. Please do not disturb the tenants. Shown by appointment only! Only the vacant units are available to tour, with the remaining to be shown after an accepted offer. Call you broker today to arrange a private tour. Rental records available upon request!
Last Agent to Sell the Property
eXp Realty LLC License #201221936 Listed on: 09/18/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,503
Year Built
- Built in 1992 | Remodeled
Lot Details
- 8,712 Sq Ft Lot
Home Design
- Slab Foundation
- Composition Roof
- Wood Siding
Interior Spaces
- 2,640 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Parking
- 10 Parking Spaces
- Paved Parking
Schools
- Riverbend Elementary School
- Briggs Middle School
- Thurston High School
Utilities
- Window Unit Cooling System
- Zoned Heating
- Heating System Mounted To A Wall or Window
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 1479136
Community Details
Overview
- 4 Units
Building Details
- Operating Expense $4,503
- Gross Income $47,028
- Net Operating Income $42,525
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 18, 2025
Closed on
Nov 11, 2025
Sold by
Chapman Kyle L and Chapman Emma
Bought by
Sharma Akash
Seller's Agent
Jesse Haffly
eXp Realty LLC
Buyer's Agent
Shane Mast
Oregon Life Homes
List Price
$699,900
Sold Price
$665,000
Premium/Discount to List
-$34,900
-4.99%
Views
7
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-47.44%
Original Mortgage
$498,750
Outstanding Balance
$498,750
Interest Rate
6.34%
Mortgage Type
New Conventional
Estimated Equity
$136,971
Purchase Details
Listed on
Apr 19, 2024
Closed on
Jun 13, 2024
Sold by
Twedt Marsha and Maxwell Cindy
Bought by
Chapman Kyle L and Chapman Emma
Seller's Agent
Steve Nielsen
Keystone Real Estate
Buyer's Agent
Jesse Haffly
eXp Realty LLC
List Price
$575,000
Sold Price
$486,500
Premium/Discount to List
-$88,500
-15.39%
Views
21
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.66%
Original Mortgage
$364,875
Interest Rate
6.87%
Mortgage Type
New Conventional
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 | $665,000 | Western Title | |
| Warranty Deed | $486,500 | Evergreen Land Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $498,750 | New Conventional | |
| Previous Owner | $364,875 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/14/2025 11/14/25 | Sold | $665,000 | -5.0% | $252 / Sq Ft | |
| 09/26/2025 09/26/25 | Pending | -- | -- | -- | |
| 09/18/2025 09/18/25 | For Sale | $699,900 | +43.9% | $265 / Sq Ft | |
| 08/02/2024 08/02/24 | Sold | $486,500 | -15.4% | $184 / Sq Ft | View Prior Sale |
| 05/10/2024 05/10/24 | Pending | -- | -- | -- | |
| 04/19/2024 04/19/24 | For Sale | $575,000 | -- | $218 / 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 |
|---|---|---|---|---|
| 2025 | $4,577 | $249,585 | -- | -- |
| 2024 | $4,503 | $242,316 | -- | -- |
| 2023 | $4,503 | $235,259 | $0 | $0 |
| 2022 | $4,170 | $228,407 | $0 | $0 |
| 2021 | $4,095 | $221,755 | $0 | $0 |
| 2020 | $3,976 | $215,297 | $0 | $0 |
| 2019 | $3,856 | $209,027 | $0 | $0 |
| 2018 | $3,635 | $197,028 | $0 | $0 |
| 2017 | $3,495 | $197,028 | $0 | $0 |
| 2016 | $3,422 | $191,289 | $0 | $0 |
| 2015 | $3,324 | $185,717 | $0 | $0 |
| 2014 | $3,274 | $180,308 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Jesse Haffly
-
Izabell Senters
I
Seller Co-Listing Agent in 2025
Izabell Senters
eXp Realty LLC
1 in this area
53 Total Sales
-
Shane Mast
Buyer's Agent in 2025
Shane Mast
Oregon Life Homes
(541) 517-1749
1 in this area
260 Total Sales
-
Steve Nielsen
S
Seller's Agent in 2024
Steve Nielsen
Keystone Real Estate
(541) 746-1233
4 in this area
13 Total Sales
-
Phillip Nielsen
P
Seller Co-Listing Agent in 2024
Phillip Nielsen
Keystone Real Estate
(541) 968-4558
5 in this area
17 Total Sales
Map
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 775360815
APN: 1479136
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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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