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231 S 40TH ST Springfield, OR $ 750,000
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$ 750,000 Get more info
231 S 40TH ST
$ 750,000
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231 S 40TH ST

Springfield, OR, 97478
$ 750,000
Bedrooms9 Baths4.0

Monthly Estimate*

$ 4,736

231 S 40TH ST, Springfield, OR 97478 - Image 1

Multi-Family Home for sale in Springfield, OR

for $750,000 with 9 bedrooms and 4 full baths. This home was built in 1973 on a lot size of 0.23.

New to Market. Excellent Investment opportunity!! A well maintained quad in Springfield right off of Main St. 3 uites with 2 bedrooms, and 1 unit with 3. Parking spaces, each unit has 2. Perfect for those seasonal investors looking to purchase and grow their portfolio.

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Multi-Family Active

Price

$ 750,000

Bedrooms

9

Full Bath

4

Property Type

Multi-Family

Taxes

$ 5,319

Style

Lot Size

0.23

Year Built

1973

Town/City

Springfield

County/Region

Lane

MLS | Web ID

181943347
Features
General
Sewer PublicSewer
Heating Ceiling
Cooling None
Roof Composition
Zoning R2
Garage Spaces 0
Security Features None
Year Built 1973
Stories Count 2
Tax Year 2025
Parcel Number 0122729
Gross Income 32760.0
Community Features Laundry
County Lane
Net Operating Income 18538.0
Operating Expense 14222.0
Property Type MultiFamily
HOA N
Rent Includes Sewer TrashCollection Water
Status Active
Directions Main to South 40th
High School Springfield
City Springfield
Disclosures Exempt
Number Of Units Total 4
MLS Area _249
Lot Size Square Feet 10018.0
Listing Terms Cash Conventional
Elementary School Douglas Gardens
Tax Annual Amount 5319.05
Middle/Junior High School Agnes Stewart
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description 17-02-31-41-06200
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Interior
Basement None
Storage None
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 3
Unit 4 Baths Total 1
Unit 4 Beds Total 2
Unit Type UnitTypeType1 UnitTypeType2 UnitTypeType3 UnitTypeType4
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Exterior
Parking Features Paved
Lot Features Level
Water Source PublicWater
Total Parking 8.0
Exterior Description T111Siding
Foundation Details Slab
Lot Size Acres 0.23
Road Surface Type Paved
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Internal Only
Street Number 1 231
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* Excluded Features
List By
United Real Estate Properties

Broker

simon@urepro.com

Contact

Affordability Calculator

$5,179
Per Month
91%
9%
0%
Monthly Principal & Interest
$4,736
Monthly Property Taxes
$443
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
1950734 Elementary School
1950618 Middle School
Springfield High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/2/2026$750,000 Listed Price

Map

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231 S 40TH ST, Springfield, OR, 97478 is a Multi-Family Home for sale at $750,000 with a lot size of 0.23. 231 S 40TH ST has 9 bedrooms, 4.0 baths, and was built in 1973. The property's zip code is 97478 which is in Springfield, OR

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