450 CARDINAL WAY Springfield, OR $ 579,900
450 CARDINAL WAY
$ 579,900
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450 CARDINAL WAY

Springfield, OR, 97477
$ 579,900
Bedrooms4 Baths2.0 Sq 1,647

Monthly Estimate*

$ 3,662

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Multi-Family Home for sale in Springfield, OR

for $579,900 with 4 bedrooms and 2 full baths. This 1,647 square foot home was built in 1962 on a lot size of 0.29.

DUPLEX ALERT 450 & 456 CARDINAL. Please do not disturb the tenants and call for an appointment. Outstanding in both location and quality this single level duplex is in sight of Riverbend hospital. Across the street from greenbelt and walking trails this property has an exceptional location with public transportation and services nearby.Care of both sides has been immaculate and pride of ownership felt throughout. Each side offers two bedrooms, one bath, a garage as well as a large private fenced backyard. Many updates including vinyl windows, paint, carpet, vinyl flooring and ductless heat pumps. Kitchens have been updated with stainless steel appliances, cabinetry and attractive countertops. Bathrooms have also been updated during ownership and are equipped with vanities with expanded counter and storage space as well as a tub/shower combo with surround. Bedrooms are roomy and enjoy gorgeous wood floors.Always a popular rental and the current owners enjoyed living in the 450 side for years. Current tenants are happy and would prefer to stay. Scheduled combined rent beginning in October is $3,450 per month. Great potential location for an Air BnB or Furnished Finders property with the proximity to the hospital.

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Multi-Family Active

Price

$ 579,900

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 3,999

Style

Lot Size

0.29

Year Built

1962

Town/City

Springfield

County/Region

Lane

MLS | Web ID

635951122

Features
General
Sewer SepticTank
Heating Ceiling Ductless
Cooling HeatPump
Roof Composition
Zoning Mul Com
Garage Spaces 2.0
Year Built 1962
Stories Count 1
Tax Year 2025
Parcel Number 0188993
Gross Income 39852.0
County Lane
Net Operating Income 32852.0
Operating Expense 7000.0
Property Type MultiFamily
HOA N
Rent Includes Sewer
Status Active
Directions Martin Luther King Parkway west on Cardinal Way on corner of Cardinal & Game Farm.
High School Sheldon
City Springfield
Disclosures Disclosure
Number Of Units Total 2
MLS Area _232
Lot Size Square Feet 12632.0
Listing Terms Cash Conventional FHA VALoan
Elementary School Bertha Holt
Tax Annual Amount 3999.71
Middle/Junior High School James Monroe
Property Condition UpdatedRemodeled
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description Map & Taxlot#17-03-22-12-03500
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Interior
Basement CrawlSpace
Storage Garage
Hot Water Electricity
Unit 1 Baths Total 1
Unit 1 Beds Total 2
Unit 2 Baths Total 1
Unit 2 Beds Total 2
Unit Type UnitTypeType1 UnitTypeType2
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Exterior
Parking Features Driveway Garage
Lot Features CornerLot Level
Water Source PublicWater
Total Parking 4.0
Exterior Description LapSiding
Foundation Details ConcretePerimeter
Building Area Total 1647.0
Lot Size Acres 0.29
Road Surface Type Paved
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Internal Only
Street Number 1 450
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* Excluded Features
List By
Icon Real Estate Group

Broker

ICON@TheICONREGroup.com

Contact

Affordability Calculator

$3,995
Per Month
92%
8%
0%
Monthly Principal & Interest
$3,662
Monthly Property Taxes
$333
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
1949371 Elementary School
5510524 Middle School
Sheldon High School High School
Pricing History
DatePricePrice ChangeDescription
7/4/2026$579,900 Listed Price

Map


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450 CARDINAL WAY, Springfield, OR, 97477 is a Multi-Family Home for sale at $579,900 with 1,647 sqft and a lot size of 0.29. 450 CARDINAL WAY has 4 bedrooms, 2.0 baths, and was built in 1962. The property's zip code is 97477 which is in Springfield, OR