Movoto Real Estate
Sold on 03/01/2024
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1044 28th St, Springfield, OR 97477

  • $469,000

    Last sold 03/01/2024 after 104 Days

  • bed

  • bath

  • 1,608

    Sqft ($292/Sqft)

Multi-family not for sale
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About 1044 28th St

Property type Multi-family
Neighborhood
Year built 1977
HOA fee $0/month
Rental estimate
Property description
Duplex opportunity nestled away down a short lane! Investors looking for cash flow! Buyers wanting to live in one or both of the units... this is a great property to consider! Tour this one level, attractively modernized duplex built to offer a feeling of independence to either unit and see why it's so easy to keep rented! Both sides have been improved & updated from top to bottom within the last two years. New roofing, fresh paint in & out, ductless heating /cooling units, luxury vinyl plank flooring, new doors, trim & hardware, new cabinetry & fixtures, stainless steel kitchen appliances for each unit complemented by fresh counter tops in addition to reversible ceiling fans in each bedroom. Fireplaces were closed off to be for looks or potential electric inserts only, then finished in sleek 12 x 24 tile to match subway tile accents elsewhere. Other benefits include: energy efficient vinyl windows, a slider for access to private back yards & washer/ dryer hookups in the attached garages. A well-priced opportunity for those hoping to realize investment benefits or personal occupancy. Photos show one vacant unit. Both sides are nearly identical.
Listed by
Listing Agent - Jodie Smith
Listing Office - Jodie Smith Real Estate Co.
Source: RMLS mls logo
MLS#23622754 • last updated 2 years ago
Movoto checked RMLS for data 1 minute ago
Overview
Cooling/AC Heat Pump
Heating Ductless
MLS # 23622754
Type Multi Family
Status Sold
Property Tax 3317.52
Year Built 1977
Exterior
Roof Composition
# Parking Spaces 4
Exterior Features T-111 Siding, Tongue And Groove
Lot Desc Flag Lot, Level
Amenities / Utilities
Hot Water Electricity
Sewer/ Septic Public Sewer
Water Source Public Water
Location
County Lane
Area 249 - Lane Co: Springfield
Middle School Hamlin
Zoning R2
Directions Main Street N On 28th, Duplex Tucked Away Down Lane To Left
APN 1186392
Multifamily Details
Unit Type 1: # Bedrooms 2
Unit Type 1 : Total Baths 1
Unit Type 2: # Bedrooms 2
Unit Type 2: Total Baths 1
Unit Type 1: Rent 1600
Unit Type 2: Rent 1400
Total # of Units 2
Gross Rent Multiplier 13.47
Net Operating Income 28832
Operating Expense 7168
Gross Income 36000
Cap Rate 5.95
Lot/ Land Details
Road Surface Paved
We are not permitted to show value estimates for this property.
  • Mar 2024
    mls logo MLS # 23622754
  • Mar 27, 2024 Sold
    $469,000
  • Mar 1, 2024 Pending
  • Dec 31, 2023 Price Change
    $484,900 (-2.8%)
  • Nov 18, 2023 Listed
    $499,000 (+52.6%)
  • Mar 2024
    Public Records
  • Mar 27, 2024 Sold
    $469,000 (-3.3%)
  • May 2021
    Public Records
  • May 25, 2021 Sold
    $327,000 (+182.2%)
  • Apr 2001
    Public Records
  • Apr 13, 2001 Sold
    $115,880
  • 1044 28th St
    $469K
  • 249 - Lane Co: Springfield
  • 97477
    $439K +2% y/y
  • Springfield
    $483K +3% y/y
No chart available
Statistics calculated by Movoto

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Source: GreatSchools.org © 2026. All rights reserved.

Around 249 - Lane Co: Springfield

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