1340/1342 Q ST Springfield, OR $ 499,900
1340/1342 Q ST
$ 499,900
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1340/1342 Q ST

Springfield, OR, 97477
$ 499,900
Bedrooms6 Baths12.0 Sq 2,145

Monthly Estimate*

$ 3,078

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Multi-Family Home for sale in Springfield, OR

for $499,900 with 6 bedrooms and 12 full baths. This 2,145 square foot home was built in 1977 on a lot size of 0.2.

Fully renovated duplex offering strong investment potential! Each unit features 3 bedrooms, 1.5 bathroom, and an attached garage, with both units currently fully occupied for immediate income. Unit 1340 was fully updated in April 2025, while Unit 1342 was renovated around 2021.Upgrades include new cabinets, windows, doors, and carpet, along with durable luxury vinyl plank flooring in the kitchens and bathrooms. Each unit is equipped with a built-in dishwasher, freestanding refrigerator, range, and washer/dryer hookups.Located in a quiet cul-de-sac near shopping, dining, and everyday amenities, this is a turn-key, low-maintenance investment in a highly convenient location.Please do not disturb tenants. Showings subject to Oregon tenant laws. ***Both units have a lease through March 31 2027*** SHOWINGS ARE LIMITED

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Multi-Family Active

Price

$ 499,900

Bedrooms

6

Full Bath

12

Property Type

Multi-Family

Taxes

$ 4,322

Style

Lot Size

0.2

Year Built

1977

Town/City

Springfield

County/Region

Lane

MLS | Web ID

555931783

Features
General
Sewer PublicSewer
Heating Zoned
Cooling None
Roof Composition
Zoning R2
Garage Spaces 2.0
Year Built 1977
Stories Count 2
Tax Year 2025
Parcel Number 1155272
Gross Income 39792.0
County Lane
Net Operating Income 33040.0
Operating Expense 6752.0
Property Type MultiFamily
HOA N
Rent Includes None
Status Active
Directions Q ST
High School Springfield
City Springfield
Disclosures Disclosure
Number Of Units Total 2
MLS Area _249
Lot Size Square Feet 8712.0
Listing Terms Cash Conventional FHA VALoan
Elementary School Page
Tax Annual Amount 4322.41
Middle/Junior High School Briggs
Property Condition Existing
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description 17-03-25-23-01720
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Interior
Basement CrawlSpace
Hot Water Electricity
Unit 1 Baths Total 6
Unit 1 Beds Total 3
Unit 2 Baths Total 6
Unit 2 Beds Total 3
Unit Type UnitTypeType1 UnitTypeType2
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Exterior
Parking Features Driveway Garage
Lot Features Cul_de_sac
Water Source PublicWater
Exterior Description T111Siding
Foundation Details ConcretePerimeter
Building Area Total 2145.0
Lot Size Acres 0.2
Road Surface Type Paved
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Internal Only
Street Number 1 -1
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* Excluded Features
List By
Icon Real Estate Group

Broker

ICON@TheICONREGroup.com

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Affordability Calculator

$3,438
Per Month
90%
10%
0%
Monthly Principal & Interest
$3,078
Monthly Property Taxes
$360
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
5/5/2026$499,900 Listed Price

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1340/1342 Q ST, Springfield, OR, 97477 is a Multi-Family Home for sale at $499,900 with 2,145 sqft and a lot size of 0.2. 1340/1342 Q ST has 6 bedrooms, 12.0 baths, and was built in 1977. The property's zip code is 97477 which is in Springfield, OR