$550,000
PENDING $25K PRICE DROP

Estimated payment $3,605/month

Total Views 2,483
6 Beds
6 Baths
2,966 Sq Ft
$185 Price per Sq Ft

Highlights

  • Window Unit Cooling System
  • Level Lot
  • No Heating
  • 2 Car Garage
  • Lap Siding

About This Home

Finally, a duplex that has been well maintained and updated over the years delivering appropriate market rental figures each month! No outdated long-term tenant lease agreements to contend with here in order to make it pencil. This duplex provides desirable, large units with 3 bedrooms, 2.5 bathrooms and a one car garage each. Plenty of driveway parking, in-unit washer and dryer connections and private backyards with covered patios make these units attractive and comfortable for tenants. The roof was replaced in 2023 and the exterior was repainted within the last five years. A pre-listing inspection has been completed, ask your Realtor for a copy and buy with confidence! Whether you're looking for your first investment property, expanding your existing portfolio or dreaming of a place you can eventually move into while renting the other side for income - this is an excellent opportunity. Current tenants pay all of their own utilities and are responsible for yard maintenance.

Listing Agent

Katie Colter

Colter Home Co. License #201225434 Listed on: 06/20/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,810

Year Built

  • Built in 1997

Lot Details

  • 6,969 Sq Ft Lot
  • Level Lot

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Composition Roof
  • Lap Siding
  • Cement Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,966 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Schools

  • Douglas Gardens Elementary School
  • Agnes Stewart Middle School
  • Springfield High School

Utilities

  • Window Unit Cooling System
  • No Heating
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1582087

Community Details

Overview

  • 2 Units
  • Property managed by Next Generation Prop. Mgmt

Building Details

  • Operating Expense $6,810
  • Gross Income $44,280
  • Net Operating Income $39,852

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,810

Year Built

Built in 1997

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Pending
  • MLS Status: Pending
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1997
  • Property Condition: Existing
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Storage: Garage
  • Total Bedrooms: 6
  • Lot Size Range: SqFt7000to9999

Exterior Features

  • Exterior Description: CementSiding,LapSiding
  • Lot Size: 7,000 to 9,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: Level
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Parking Description: Driveway, Garage
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Total Parking Spaces: 2.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling: WindowUnit
  • Cooling Y N: Yes
  • Heating: WallHeater
  • Heating Yn: No
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Management Name: Next Generation Prop. Mgmt

Schools

  • Elementary School: Douglas Gardens
  • High School: Springfield
  • Middle Or Junior School: Agnes Stewart

Lot Info

  • Zoning: R2
  • Lot Size Acres: 0.16
  • Lot Size Sq Ft: 6969.0
  • Parcel #: 1582087

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 6809.69

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 12.42
  • Annual Gross Income: 44280.0
  • Property Net Operating Income: 39852.0
  • Annual Operating Expense: 6810.0

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

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
2023 $6,810 $355,798 $0 $0
2022 $6,307 $345,435 $0 $0
2021 $6,194 $335,374 $0 $0
2020 $6,013 $325,606 $0 $0
2019 $5,832 $316,123 $0 $0
2018 $5,498 $297,977 $0 $0
2017 $5,232 $297,977 $0 $0
2016 $5,138 $289,298 $0 $0
2015 $4,990 $280,872 $0 $0
2014 $4,887 $272,691 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2025 08/01/25 Pending -- -- --
07/15/2025 07/15/25 Price Changed $550,000 -4.3% $185 / Sq Ft
06/20/2025 06/20/25 For Sale $575,000 -- $194 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed -- Cascade Title
Warranty Deed $225,000 Evergreen Land Title Company
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $45,000 Credit Line Revolving
Previous Owner $224,000 New Conventional
Previous Owner $220,924 FHA
Source: Public Records

Similar Homes in the area

  • 4131 Forsythia St, Springfield, OR 97478

    $600,000

    • 6 Beds
    • 6 Baths
    • 4131 Forsythia St
    • Springfield, OR

    This well-designed two-story duplex offers comfortable living with a bright, open main floor that seamlessly connects the living, dining, and kitchen areas—perfect for everyday living or entertaining. Upstairs, each unit features generously sized bedrooms with ample closet space, providing privacy and comfort. With a functional layout and great flow, this property is ideal for both

    Sierra Rosenbaum eXp Realty LLC

    Section Image
  • 4457 Aster St, Springfield, OR 97478

    $415,000

    • 4 Beds
    • 2 Baths
    • 1,654 Sq Ft
    • 4457 Aster St
    • Springfield, OR

    NEW Roof as of June 2025 - This neat and clean Duplex, located in a culdesac in the Thurston area, features newer interior paint, fresh paint on the exterior, and updated light fixtures. Each side has 2 bedrooms, 1 bath and approx 827 sq ft. A fully fenced yard with a single car garage for each unit makes this a smart investment. Call today for an appointment and more information.

    David Barrett Hybrid Real Estate

    Section Image
  • 5894 A St, Springfield, OR 97478

    $595,000

    • 4 Beds
    • 4 Baths
    • 2,048 Sq Ft
    • 5894 A St
    • Springfield, OR

    This unique 4-plex offers 1 bedroom units, with a nice layout, single car garage and washer/dryer hookups. Long term tenants, currently being managed by Northwoods PM; Roofs were replaced 2022. Low to no vacancy on these units. Convenient location would make a great addition to your portfolio or owner occupied.

    Laura Winner Hybrid Real Estate

    Section Image
  • 1720 17th St, Springfield, OR 97477

    $575,000

    • 6 Beds
    • 6 Baths
    • 2,652 Sq Ft
    • 1720 17th St
    • Springfield, OR

    Investor alert! This Triplex is conveniently located on the end of a dead-end street near shopping, restaurants, and bus-line making it the perfect opportunity. All units are currently rented. Spacious lot, each offering 2 bedrooms/1.5 bathrooms, indoor laundry hook-ups, and fenced back yard.

    Eric Hayes ICON Real Estate Group

    Section Image
  • 1118 B and B1 St, Springfield, OR 97477

    $435,000

    • 4 Beds
    • 2 Baths
    • 1118 B and B1 St
    • Springfield, OR

    Great investment opportunity-Two homes on one lot! Front home is 676 square feet, 2 bedroom, 1 bath, laundry hookups, fenced front and back yards, built in 1948. Back house in 866 square feet, 2 bedroom, 1 bath with updated kitchen, laundry hookups and private covered patio out back. One block from the Washburn District with all its charm including restaurants and shops.

    Karen Fine Hybrid Real Estate

    Section Image
  • 786 788 W Quinalt St, Springfield, OR 97477

    $440,000

    • 4 Beds
    • 3 Baths
    • 1,972 Sq Ft
    • 786 788 W Quinalt St
    • Springfield, OR

    788 and 786 W Quinalt are both 2 bedroom single story units. 786 offers 1 bathroom and 788 offer 1.5 bathrooms. Both units have had some updates inside and offer a single car garage and fenced patio. 788 has laminate floors, carpet in bedrooms, updated cabinets, kitchen appliances included. This is a Duplex, 2 units. Some websites are showing 3 units.

    Katie Wilson Windermere RE Lane County

    Section Image
  • 814 W Quinalt St, Springfield, OR 97477

    $455,000

    • 4 Beds
    • 4 Baths
    • 1,920 Sq Ft
    • 814 W Quinalt St
    • Springfield, OR

    Occupied, please do not disturb Tenants. Showing will be set up once an offer is accepted. Property is managed by Next Generation Property Management. Wonderful townhouse style duplex with OS garages and fenced Yards. The fencing was replaced in 2022 so they are in great shape. Two bedrooms upstairs with a full bathroom. Downstairs has a half bath. Roof is about ten years old.

    Karla Smith United Real Estate Properties

    Section Image
  • 1542 Riverview St, Eugene, OR 97403

    $595,000

    • 6 Beds
    • 5 Baths
    • 3,533 Sq Ft
    • 1542 Riverview St
    • Eugene, OR

    True Craftsman multifamily dwelling, perfect for multiple-family living, personal residence with home office, or investment! 2012 roof and COMPLETE remodel of the largest unit, including new cherry cabinets, appliances, refinished baths, hardwood floors, and more! Minutes from the UO, Hendricks Park, shopping, and recreation. 3rd party rental analysis shows estimated gross rents at $4,640 per

    Dustin Vollstedt Hybrid Real Estate

    Section Image

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 168288102

Regional Multiple Listing Service (RMLS)

APN: 1582087