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351 40TH ST Springfield, OR $ 699,900
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$ 699,900 Get more info
351 40TH ST
$ 699,900
Back to search
Share Save

351 40TH ST

Springfield, OR, 97478
$ 699,900
Bedrooms8 Baths4.0

Monthly Estimate*

$ 4,366

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Multi-Family Home for sale in Springfield, OR

for $699,900 with 8 bedrooms and 4 full baths. This home was built in 1992 on a lot size of 0.21.

Great opportunity to purchase a turnkey 4-Plex in the heart of Springfield. Live in one unit & rent out the rests or add this great property to your investment portfolio. Lots of valuable updates including a brand new roof, new gutters, updated interior features & more! Each unit features two bedrooms & one bathroom. With plenty of room for parking for each unit. Both 349 40th 351 40th are available. Listed separately. Please do not disturb the tenants. Shown by appointment only! Only the vacant units are available to tour, with the remaining to be shown after an accepted offer. Call you broker today to arrange a private tour. Rental records available upon request!

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Multi-Family Active

Price

$ 699,900

Bedrooms

8

Full Bath

4

Property Type

Multi-Family

Taxes

$ 4,523

Style

Lot Size

0.21

Year Built

1992

Town/City

Springfield

County/Region

Lane

MLS | Web ID

144821392
Features
General
Sewer PublicSewer
Heating WallHeater Zoned
Cooling WindowUnit
Roof Composition
Zoning R2
Garage Spaces 0
Year Built 1992
Stories Count 1
Tax Year 2024
Parcel Number 1479128
Gross Income 51588.0
County Lane
Net Operating Income 31464.0
Operating Expense 4524.0
Property Type MultiFamily
HOA N
Rent Includes None
Status Active
Directions East on Main St. left on 40th property is on the right
High School Thurston
City Springfield
Number Of Units Total 4
MLS Area _249
Lot Size Square Feet 9147.0
Listing Terms Cash Conventional FHA VALoan
Elementary School Riverbend
Tax Annual Amount 4523.44
Middle/Junior High School Briggs
Property Condition UpdatedRemodeled
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description See Trio
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Interior
Basement CrawlSpace
Hot Water Electricity
Unit 1 Baths Total 1
Unit 1 Beds Total 2
Unit 2 Baths Total 1
Unit 2 Beds Total 2
Unit 3 Baths Total 1
Unit 3 Beds Total 2
Unit 4 Baths Total 1
Unit 4 Beds Total 2
Unit Type UnitTypeType1 UnitTypeType2 UnitTypeType3 UnitTypeType4
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Exterior
Parking Features OffStreet Paved
Lot Features Level
Water Source PublicWater
Total Parking 10.0
Exterior Description WoodSiding
Foundation Details Slab
Lot Size Acres 0.21
Road Surface Type Concrete Paved
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Internal Only
Street Number 1 351
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* Excluded Features
List By
Exp Realty Llc

Broker

Jesse@hafflyhomegroup.com

Email

Affordability Calculator

$4,743
Per Month
92%
8%
0%
Monthly Principal & Interest
$4,366
Monthly Property Taxes
$377
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
1948972 Elementary School
1950069 Middle School
Thurston High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
9/18/2025$699,900 Listed Price

Map

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351 40TH ST, Springfield, OR, 97478 is a Multi-Family Home for sale at $699,900 with a lot size of 0.21. 351 40TH ST has 8 bedrooms, 4.0 baths, and was built in 1992. The property's zip code is 97478 which is in Springfield, OR

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