87851 Cedar Flat Rd Springfield, OR 97478
Estimated payment $4,541/month
Highlights
- RV Access or Parking
- No HOA
- Forced Air Heating System
- Mountain View
- Cooling Available
- High Speed Internet
About This Home
Thoroughly unique country duplex property boasting 5 bedrooms and 2 full baths on one side and 4 bedrooms with 2 full baths on the other and featuring over a full acre of level & usable pasture land just waiting for your livestock, crops and outbuildings. Super close-in location adjacent to the adorable community of Cedar Flat with its local restaurant, coffee shop, convenience store and gas station all in walking distance! Opportunity knocks with gross annual income at $52,200 or a golden opportunity for the owner occupant and multigenerational living.
Listing Agent
RE/MAX Integrity Brokerage Phone: 541-345-8100 License #910200151 Listed on: 02/19/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,202
Year Built
- Built in 1997
Lot Details
- 1.68 Acre Lot
- Level Lot
Parking
- 2 Car Garage
- Driveway
- RV Access or Parking
Property Views
- Mountain
- Territorial
Home Design
- Composition Roof
- Lap Siding
- Plywood Siding Panel T1-11
- Concrete Perimeter Foundation
Interior Spaces
- 3,584 Sq Ft Home
- 2-Story Property
- Crawl Space
Bedrooms and Bathrooms
- 9 Bedrooms
- 4 Bathrooms
Schools
- Walterville Elementary School
- Thurston Middle School
- Thurston High School
Utilities
- Cooling Available
- Forced Air Heating System
- Heat Pump System
- Private Water Source
- Well
- Electric Water Heater
- Septic Tank
- High Speed Internet
Listing and Financial Details
- Assessor Parcel Number 1600780
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- Operating Expense $3,202
- Gross Income $52,200
- Net Operating Income $48,998
Map
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 | $3,202 | $274,901 | -- | -- |
| 2024 | $2,983 | $266,895 | -- | -- |
| 2023 | $2,983 | $259,122 | $0 | $0 |
| 2022 | $2,846 | $251,575 | $0 | $0 |
| 2021 | $2,781 | $244,248 | $0 | $0 |
| 2020 | $2,696 | $237,134 | $0 | $0 |
| 2019 | $2,558 | $230,228 | $0 | $0 |
| 2018 | $2,475 | $217,013 | $0 | $0 |
| 2017 | $2,320 | $217,013 | $0 | $0 |
| 2016 | $2,258 | $210,692 | $0 | $0 |
| 2015 | $2,199 | $204,555 | $0 | $0 |
| 2014 | $2,130 | $198,597 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/19/2026 02/19/26 | For Sale | $799,900 | -- | $223 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | -- | Cascade Title Co | |
| Bargain Sale Deed | -- | Cascade Title Co | |
| Bargain Sale Deed | -- | Cascade Title Company | |
| Warranty Deed | $170,000 | Western Pioneer Title Co | |
| Warranty Deed | $185,000 | Western Pioneer Title Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $350,000 | New Conventional | |
| Previous Owner | $170,000 | Purchase Money Mortgage | |
| Previous Owner | $185,000 | Purchase Money Mortgage |
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 152085967
APN: 1600780
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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 © 2026 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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Ask me questions while you tour the home.