Estimated payment $3,771/month
Highlights
- View of Trees or Woods
- Ductless Heating Or Cooling System
- Landscaped with Trees
- Corner Lot
- Storage
- High Speed Internet
About This Home
Two turn-key homes with separate addresses on one tax lot in the highly desirable Washburn neighborhood! Situated on a quiet corner and surrounded by beautiful historic homes, this property blends thoughtful updates with the charm and character of the area. Not on the historic register, but located within the Washburn Historic District. The main home has been tastefully updated for functionality while maintaining its original appeal, 8.5 ft ceilings and updated bathroom and kitchen. Outside, enjoy a private, hardscaped patio—perfect for entertaining or relaxing—along with a low-maintenance yard, mature trees, raised garden beds, a storage shed, and ample space for storing your toys.The detached one-bedroom home is incredibly charming, featuring robin’s egg blue kitchen cabinetry, a French door leading to the bedroom, and a fully renovated bathroom. With alley access and a separate entrance, it offers excellent privacy from the main home. A rare opportunity for multi-generational living, owner-occupancy with rental income, or potential short-term rental. Current lease in place through the end of July. Back house address is 553 8th St. Springfield OR 97477. Please do not disturb tenants.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1920 | Remodeled
Lot Details
- 7,840 Sq Ft Lot
- Corner Lot
- Level Lot
- Landscaped with Trees
Parking
- On-Street Parking
Home Design
- Shingle Roof
- Composition Roof
- Wood Siding
- Concrete Perimeter Foundation
Interior Spaces
- 1,750 Sq Ft Home
- 1-Story Property
- Storage
- Views of Woods
- Crawl Space
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Schools
- Two Rivers Elementary School
- Hamlin Middle School
- Springfield High School
Utilities
- Ductless Heating Or Cooling System
- Mini Split Air Conditioners
- Heating System Mounted To A Wall or Window
- Electric Water Heater
- High Speed Internet
Listing and Financial Details
- Assessor Parcel Number 0304574
Community Details
Overview
- 2 Units
- Washburne Historic District Subdivision
Building Details
- Operating Expense $5,900
- Gross Income $32,400
- Net Operating Income $26,500
Map
Home Values in the Area
Average Home Value in this Area
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 | -- | $197,755 | -- | -- |
| 2024 | -- | $191,996 | -- | -- |
| 2023 | -- | $186,404 | -- | -- |
| 2022 | $1,149 | $180,975 | $0 | $0 |
| 2021 | $1,129 | $175,704 | $0 | $0 |
| 2020 | $1,096 | $170,587 | $0 | $0 |
| 2019 | $1,063 | $165,619 | $0 | $0 |
| 2018 | $2,880 | $156,113 | $0 | $0 |
| 2017 | $2,770 | $156,113 | $0 | $0 |
| 2016 | $2,711 | $151,566 | $0 | $0 |
| 2015 | $2,634 | $147,151 | $0 | $0 |
| 2014 | $2,594 | $142,865 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/24/2026 04/24/26 | For Sale | $595,000 | -- | $340 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Special Warranty Deed | -- | None Listed On Document | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $275,000 | Chicago Title Co | |
| Warranty Deed | $275,000 | Cascade Title | |
| Warranty Deed | $175,000 | Western Title & Escrow Co | |
| Warranty Deed | $177,000 | Western Title & Escrow Compa | |
| Warranty Deed | $133,000 | Fidelity National Title Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $206,250 | New Conventional | |
| Previous Owner | $206,250 | New Conventional | |
| Previous Owner | $97,000 | Purchase Money Mortgage | |
| Previous Owner | $130,945 | FHA |
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 679986234
APN: 0304574
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Ask me questions while you tour the home.