Springfield, OR 97478,231 S 40TH ST
Springfield, OR 97478,231 S 40TH ST
Springfield, OR 97478,231 S 40TH ST
Springfield, OR 97478,231 S 40TH ST
Springfield, OR 97478,231 S 40TH ST
Springfield, OR 97478,231 S 40TH ST
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Listed by Joi Real Estate
Bought with Bell Real Estate

$599,000

$599,000

Est.Price: ?

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Est. payment /mo

3,158 SqFt


SOLD DATE : 09/12/2025

Key Details

Sold Price $599,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 3,158 sqft

Price per Sqft $189

MLS Listing ID 163907285

Sold Date 09/12/25

Year Built 1973

Annual Tax Amount $5,232

Tax Year 2024

Lot Size 10,018 Sqft

Property Description

New To Market!-Prime Investment Opportunity! This well-maintained quadplex in Springfield is just off Main Street and sits on a spacious lot with private parking-2 spots per unit. Property features include: Three 2 bed/1 bath units & One 3 bed/1 bath unit, shared laundry on the first floor and a history of low to no vacancy. Perfect for seasoned investors or those looking to grow their portfolio with a solid, income-generating property.

Location

State OR

County Lane

Community Laundry

Area _249

Zoning R2

Rooms

Basement None

Interior

Heating Ceiling

Cooling None

Exterior

Community Features Laundry

Roof Type Composition

Garage No

Building

Lot Description Level

Story 2

Foundation Slab

Sewer Public Sewer

Water Public Water

Level or Stories 2

Schools

Elementary Schools Douglas Gardens

Middle Schools Agnes Stewart

High Schools Springfield

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Regional Multiple Listing Service (RMLS)
Rebecca Fetters

+1(971) 221-3175

unfetteredproperties@gmail.com

5200 Meadows Rd #150, Lake Oswego, OR, 97035, USA

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