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1287 R ST Springfield, OR $ 1,400,000
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$ 1,400,000 Get more info
1287 R ST
$ 1,400,000
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Share Save

1287 R ST

Springfield, OR, 97477
$ 1,400,000
Bedrooms16 Baths14.0 Sq 7,562

Monthly Estimate*

$ 8,734

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Multi-Family Home for sale in Springfield, OR

for $1,400,000 with 16 bedrooms and 14 full baths. This 7,562 square foot home was built in 1993 on a lot size of 0.41.

Investment Alert! 8-unit multi-family complex featuring covered assigned parking for residents, security gate, and video system installed. Plenty of storage for owner and tenants needs. The units feature LVP flooring, updated appliances, washer/dryer hookups with individual laundry rooms inside the units, and great backyard spaces for the residents.

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Multi-Family Active

Price

$ 1,400,000

Bedrooms

16

Full Bath

14

Property Type

Multi-Family

Taxes

$ 13,661

Style

Lot Size

0.41

Year Built

1993

Town/City

Springfield

County/Region

Lane

MLS | Web ID

510726720
Features
General
Sewer PublicSewer
Heating WallHeater
Cooling None
Roof Composition
Zoning R2
Security Features Entry SecurityGate SecuritySystemOwned
Year Built 1993
Stories Count 2
Tax Year 2025
Parcel Number 1184215
Gross Income 99600.0
County Lane
Net Operating Income 78600.0
Operating Expense 21000.0
Property Type MultiFamily
HOA N
Rent Includes MaintenanceGrounds TrashCollection
Status Active
Directions R Street Springfield
High School Springfield
City Springfield
Number Of Units Total 8
MLS Area _249
Lot Size Square Feet 17859.0
Listing Terms Cash Conventional
Elementary School Page
Tax Annual Amount 13661.31
Middle/Junior High School Briggs
Property Condition Existing
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description 17-03-26-14-03101
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Interior
Basement None
Storage Locked
Hot Water Electricity
Unit 1 Baths Total 1
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 1
Unit 4 Beds Total 2
Unit 5 Beds Total 2
Unit 6 Beds Total 2
Unit 7 Beds Total 2
Unit 8 Beds Total 2
Unit Type UnitTypeType1 UnitTypeType2 UnitTypeType3 UnitTypeType4 UnitTypeType5 UnitTypeType6 UnitTypeType7 UnitTypeType8
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Exterior
Parking Features Assigned Covered
Water Source PublicWater
Total Parking 14.0
Exterior Description WoodSiding
Foundation Details Slab
Building Area Total 7562.0
Lot Size Acres 0.41
Road Surface Type Paved
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Internal Only
Street Number 1 1287
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* Excluded Features
List By
Emerald Property Management In

Broker

javan@emeraldpm.com

Email

Affordability Calculator

$9,873
Per Month
88%
12%
0%
Monthly Principal & Interest
$8,734
Monthly Property Taxes
$1,138
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
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/8/2025$1,400,000 Listed Price

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1287 R ST, Springfield, OR, 97477 is a Multi-Family Home for sale at $1,400,000 with 7,562 sqft and a lot size of 0.41. 1287 R ST has 16 bedrooms, 14.0 baths, and was built in 1993. The property's zip code is 97477 which is in Springfield, OR

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