Fantastic investment opportunity in a desirable Springfield neighborhood! This well-maintained duplex features two spacious 2-bedroom, 1-bath units, each with approximately 800 sq ft of living space. Both units have been updated with remodeled kitchens and bathrooms, with one unit updated in 2020 and the other in 2022. The exterior was freshly painted in 2024, adding to the property's curb appeal. Situated on a large corner lot with generous side yards, this property also includes indoor laundry rooms and a nice one-car garage for each unit. The property is managed by Next Generation PM and boasts excellent rental history. One unit will remain tenant-occupied under a 12-month lease post-closing, making it a great opportunity for investors looking for stable rental income. Please do not disturb tenants. Contact your agent for more information! Seller is a licensed agent in the State of Oregon.
Assist 2 Sell-Buyers & SellersLicense #200309235Listed on: 08/08/2025
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$3,030
Year Built
Built in 1975
Lot Details
8,712 Sq Ft Lot
Corner Lot
Landscaped with Trees
Parking
2 Car Garage
Driveway
Property Views
Woods
Mountain
Home Design
Composition Roof
Wood Siding
Concrete Perimeter Foundation
Interior Spaces
1,600 Sq Ft Home
1-Story Property
Crawl Space
Security Lights
Bedrooms and Bathrooms
4 Bedrooms
2 Bathrooms
Schools
Riverbend Elementary School
Agnes Stewart Middle School
Thurston High School
Utilities
Ductless Heating Or Cooling System
Cooling System Mounted In Outer Wall Opening
Heating unit installed on the ceiling
Electric Water Heater
Listing and Financial Details
Assessor Parcel Number 1069309
Community Details
Overview
2 Units
Property managed by Next Generation PM
Building Details
Operating Expense $6,058
Gross Income $38,580
Net Operating Income $32,522
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$3,030
Year Built
Built in 1975
Lot Details
0
Parking
2
Listing Details
Standard Status: Active
MLS Status: Active
Property Type: MultiFamily
Stories: 1
Year Built: 1975
Property Condition: Approximately
Property Attached Yn: No
Open House: No
Special Features: None
Property Sub Type: MultiFamily
Interior Features
Basement: CrawlSpace
Storage: Attic,Garage
Total Bedrooms: 4
Lot Size Range: SqFt7000to9999
Exterior Features
Exterior Description: WoodSiding
Lot Size: 7,000 to 9,999 SqFt
Foundation Details: ConcretePerimeter
View: Yes
Lot Features: CornerLot, Trees
Roof: Composition
View: Mountain,TreesWoods
Garage/Parking
Parking Description: Driveway, Garage
Attached Garage: No
Garage Spaces: 2.0
Total Parking Spaces: 4.0
Utilities
Fuel Description: Electricity
Hot Water: Electricity
Security: SecurityLights
Cooling: WallUnit
Cooling Y N: Yes
Heating: Ceiling, Ductless
Heating Yn: Yes
Sewer: PublicSewer
Water Source: PublicWater
Condo/Co-op/Association
Management Name: Next Generation PM
Management Phone: 541-285-7384
Schools
Elementary School: Riverbend
High School: Thurston
Middle Or Junior School: Agnes Stewart
Lot Info
Zoning: R-1
Lot Size Acres: 0.2
Lot Size Sq Ft: 8712.0
Parcel #: 1069309
Green Features
Green Certification: No
Rental Info
Rent Includes: None
Tax Info
Tax Deferral: No
Tax Year: 2024
Tax Annual Amount: 3029.74
Multi Family
Unit Type: UnitTypeType1, UnitTypeType2
Number Of Units Total: 2
Gross Rent Multiplier: 15.42
Annual Gross Income: 38580.0
Property Net Operating Income: 32522.0
Annual Operating Expense: 6058.0
Map
Range of Values:
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area
Source: Public Records
Average Home Value in this Area
Source: Public Records
Tax History
Year
Tax Paid
Tax AssessmentTax 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.
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.
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
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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.
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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
This home is located at 495 52nd St, Springfield, OR 97478 and is currently priced at $595,000, approximately $371 per square foot. This property was built in 1975. 495 52nd St is a home located in Lane County with nearby schools including Riverbend Elementary School, Agnes Stewart Middle School, and Thurston High School.
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