NOT LISTED FOR SALE

5495 A Units 81-84 St Springfield, OR 97478

East Springfield Neighborhood
-- Bed
-- Bath
3,264 Sq Ft
8,276 Sq Ft Lot

Last Sold May 10, 2024

Last sale price $500,000 $153 Per Sq Ft

25 Days on Market

Highlights

  • Mountain View
  • Level Lot
  • Wood Siding
  • Zoned Heating

About This Home

As of May 2024

Don't miss out on this lucrative opportunity in Thurston with a well-positioned 4-plex offering both convenience and potential. Situated within walking distance to the Thurston LTD bus station and close to shopping centers and freeway access, this property promises excellent accessibility. Among a complex of 22 4-plex units, this property stands out for its well-maintained condition and spacious units, ensuring tenant satisfaction. Whether you're a seasoned investor or looking to start your portfolio, this Thurston 4-plex offers an attractive package of location, maintenance, and income potential. Total of 3x Four plex's listed by seller MLS #24497892 & 24636597.

Last Agent to Sell the Property

Josh Cooley

Keller Williams The Cooley Real Estate Group License #200709155 Listed on: 03/15/2024

Keller Williams The Cooley Real Estate Group

Last Buyer's Agent

Brian House

Keller Williams The Cooley Real Estate Group License #201220849

Keller Williams The Cooley Real Estate Group

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1979

Lot Details

  • 8,276 Sq Ft Lot
  • Level Lot

Home Design

  • Stem Wall Foundation
  • Composition Roof
  • Wood Siding
  • Plywood Siding Panel T1-11

Interior Spaces

  • 3,264 Sq Ft Home
  • 2-Story Property
  • Mountain Views
  • Crawl Space
  • Dishwasher

Parking

  • 6 Parking Spaces
  • Carport

Schools

  • Riverbend Elementary School
  • Agnes Stewart Middle School
  • Thurston High School

Utilities

  • No Cooling
  • Zoned Heating
  • Electric Water Heater

Listing and Financial Details

  • Rent includes sewer, trashcollection, water
  • Assessor Parcel Number 1398393

Community Details

Overview

  • 4 Units

Building Details

  • Operating Expense $22,740
  • Gross Income $47,520
  • Net Operating Income $24,780

Property Details

Home Type

Multi-Family

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1979
  • Property Condition: Approximately
  • Property Attached Yn: No
  • Current Price For Status: 500000.0
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Storage: IndividualStorageUnits,Locked
  • Lot Size Range: SqFt7000to9999

Exterior Features

  • Exterior Description: T111Siding,WoodSiding
  • Lot Size: 7,000 to 9,999 SqFt
  • Foundation Details: StemWall
  • View: Yes
  • Lot Features: Level
  • Road Surface Type: Paved
  • Roof: Composition
  • View: Mountain

Garage/Parking

  • Parking Description: Carport
  • Attached Garage: No
  • Total Parking Spaces: 6.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling: None
  • Cooling Y N: No
  • Heating: Zoned
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Riverbend
  • High School: Thurston
  • Middle Or Junior School: Agnes Stewart

Lot Info

  • Zoning: MD
  • Lot Size Acres: 0.19
  • Lot Size Sq Ft: 8276.0
  • Parcel #: 1398393

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral Desc: NonP & Afford H
  • Tax Deferral: Yes
  • Tax Year: 2023

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 13.15
  • Annual Gross Income: 47520.0
  • Property Net Operating Income: 24780.0
  • Annual Operating Expense: 22740.0
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/10/2024 05/10/24 Sold $500,000 -20.0% $153 / Sq Ft
04/10/2024 04/10/24 Pending -- -- --
03/15/2024 03/15/24 For Sale $625,000 -- $191 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Josh Cooley

    Seller's Agent in 2024

    Josh Cooley

    Keller Williams The Cooley Real Estate Group

    (541) 359-1999

    12 in this area

    346 Total Sales

    Josh Cooley
    Section Image
  • Brian House

    Buyer's Agent in 2024

    Brian House

    Keller Williams The Cooley Real Estate Group

    (541) 513-3603

    7 in this area

    205 Total Sales

    Brian House
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24222095

Regional Multiple Listing Service (RMLS)
Oregon Lane County Springfield 97478 East Springfield

5495 A Units 81-84 St, Springfield, OR

Not Listed for Sale

MultiFamily

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