1194 R ST Springfield, OR $ 699,000
1194 R ST
$ 699,000
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1194 R ST

Springfield, OR, 97477
$ 699,000
Bedrooms8 Baths8.0 Sq 3,604

Monthly Estimate*

$ 4,361

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Multi-Family Home for sale in Springfield, OR

for $699,000 with 8 bedrooms and 8 full baths. This 3,604 square foot home was built in 1982 on a lot size of 0.24.

BRAND NEW ROOF!!! This fourplex in Springfield’s Hayden Bridge neighborhood includes four 2-bedroom, 1.5-bathroom units with in-unit laundry hookups and designated parking, all currently leased for immediate income. Conveniently positioned with access to shopping, restaurants, and public transit, the property demonstrates consistent rental performance. An adjacent fourplex on the same lot is also offered separately at the same list price, creating a rare opportunity to acquire up to eight total units in one location, with flexibility to purchase individually or together as a package.

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Multi-Family Active

Price

$ 699,000

Bedrooms

8

Full Bath

8

Property Type

Multi-Family

Taxes

$ 5,925

Style

Lot Size

0.24

Year Built

1982

Town/City

Springfield

County/Region

Lane

MLS | Web ID

480520678

Features
General
Sewer PublicSewer
Heating Ceiling
Cooling None
Roof Composition
Zoning R2
Year Built 1982
Stories Count 2
Tax Year 2024
Parcel Number 1259884
Gross Income 56760.0
County Lane
Net Operating Income 46034.0
Operating Expense 10725.0
Property Type MultiFamily
HOA N
Rent Includes TrashCollection Water
Status Active
Directions Q St North on q0th St or 11th Pl
High School Springfield
City Springfield
Number Of Units Total 4
MLS Area _232
Lot Size Square Feet 10454.0
Listing Terms Cash Conventional
Elementary School Page
Tax Annual Amount 5925.15
Middle/Junior High School Briggs
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description 17-03-26-14-02602
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Exterior
Lot Features Level
Water Source PublicWater
Total Parking 8.0
Exterior Description T111Siding
Building Area Total 3604.0
Lot Size Acres 0.24
Road Surface Type Paved
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Interior
Hot Water Electricity
Unit 1 Baths Total 2
Unit 1 Beds Total 2
Unit 2 Baths Total 2
Unit 2 Beds Total 2
Unit 3 Baths Total 2
Unit 3 Beds Total 2
Unit 4 Baths Total 2
Unit 4 Beds Total 2
Unit Type UnitTypeType1 UnitTypeType2 UnitTypeType3 UnitTypeType4
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Internal Only
Street Number 1 1194
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* Excluded Features
List By
Icon Real Estate Group

Broker

ICON@TheICONREGroup.com

Contact

Affordability Calculator

$4,855
Per Month
90%
10%
0%
Monthly Principal & Interest
$4,361
Monthly Property Taxes
$494
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1949811 Elementary School
1950707 Middle School
Springfield High School High School
Pricing History
DatePricePrice ChangeDescription
10/8/2025$699,000 -4.90% Price Down
9/9/2025$735,000 Listed Price

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1194 R ST, Springfield, OR, 97477 is a Multi-Family Home for sale at $699,000 with 3,604 sqft and a lot size of 0.24. 1194 R ST has 8 bedrooms, 8.0 baths, and was built in 1982. The property's zip code is 97477 which is in Springfield, OR