501 S 5th St Springfield, OR 97477
Washburne District NeighborhoodEstimated payment $1,464/month
Highlights
- City View
- Ductless Heating Or Cooling System
- Dining Room
- No HOA
- Living Room
- 3-minute walk to Willamette Heights Park
About This Home
Discover a solid, well-maintained manufactured home in a high-demand rental market—perfect for investors or future owner-occupants. Featuring a durable metal roof and a thoughtful remodel completed just 2.5 years ago, this property offers long-term reliability and modern comfort.The home sits on a slab foundation with an additional post, pier, and block raised foundation, providing easy under-home access for plumbing, maintenance, or any future upgrades. This flexible construction is ideal for anyone seeking long-term ownership with simplified serviceability.Inside and out, the property has been exceptionally well cared for, with stable tenants maintaining it responsibly. With strong local rental demand and current tenancy in place, this home produces dependable income while offering the option for an owner-occupant transition in the future.Owner may carry—a great opportunity for qualified buyers looking for flexible financing.Please note: property is tenant-occupied; showings require notice.
Listing Agent
Real Broker Brokerage Email: dan@theoperativegroup.com License #201235300 Listed on: 12/15/2025
Co-Listing Agent
Real Broker Brokerage Email: dan@theoperativegroup.com License #201261238
Property Details
Home Type
- Manufactured Home With Land
Est. Annual Taxes
- $840
Year Built
- Built in 1978
Home Design
- Pillar, Post or Pier Foundation
- Slab Foundation
- Metal Roof
- Lap Siding
Interior Spaces
- 1,134 Sq Ft Home
- 1-Story Property
- Electric Fireplace
- Vinyl Clad Windows
- Family Room
- Living Room
- Dining Room
- City Views
- Crawl Space
Kitchen
- Cooktop
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Parking
- Driveway
- Off-Street Parking
Schools
- Two Rivers Elementary School
- Hamlin Middle School
- Springfield High School
Utilities
- Ductless Heating Or Cooling System
- Mini Split Air Conditioners
- Heating Available
- Electric Water Heater
- High Speed Internet
Additional Features
- 6,098 Sq Ft Lot
- Vinyl Skirt
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 0316255
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/15/2025 12/15/25 | For Sale | $265,000 | -- | $234 / Sq Ft |
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 778569536
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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