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Sold on 09/17/2023
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116 Centennial Blvd, Springfield, OR 97477

  • $589,900

    Last sold 09/17/2023 after 40 Days

  • —

    bed

  • —

    bath

  • 2,767

    Sqft ($213/Sqft)

Multi-family not for sale
Movoto is helping 12 homebuyers near you

About 116 Centennial Blvd

Property type Multi-family
Neighborhood
Year built 1963
HOA fee $0/month
Rental estimate
Property description
Location, location, location. This single level duplex offers a very large remodeled 3 bed / 2 bath unit with a bonus room not included in square feet plus a leased two bed / 1 bath unit. Current rents are $1,400 for the two bed side and an estimated $1,850 for the other side for a total of $3,250 or live in the ready to move in big unit. Sitting on 1/3 of an acre both sides have fenced backyards and plenty of parking. Both sides enjoy wood floors and single car garages. Driveway access is conveniently located off of Mill Street. Close to the University, Autzen Stadium, hospitals, bike paths and parks. Public transit conveniently on Centennial. Don't miss this rare gem.
Listed by
Listing Agent - Joe Williams
Listing Office - ICON Real Estate Group
Source: RMLS mls logo
MLS#23170960 • last updated 2 years ago
Movoto checked RMLS for data 2 minutes ago
Overview
Heating Radiant
MLS # 23170960
Type Multi Family
Status Sold
Property Tax 4593
Year Built 1963
Exterior
# Parking Spaces 6
Exterior Features Lap Siding
Lot Desc Corner Lot, Level
Amenities / Utilities
Hot Water Electricity
Sewer/ Septic Public Sewer
Water Source Public Water
Location
County Lane
Area 249 - Lane Co: Springfield
Elementary School Centennial
Middle School Hamlin
High School Springfield
Zoning R2
Directions On The Corner Of Centennial Blvd And Mill
APN 220135
Multifamily Details
Unit Type 1: # Bedrooms 3
Unit Type 1 : Total Baths 2
Unit Type 2: # Bedrooms 2
Unit Type 2: Total Baths 1
Unit Type 1: Rent 1700
Unit Type 2: Rent 1400
Total # of Units 2
Gross Rent Multiplier 15.38
Operating Expense Scheduled 4593
Net Operating Income 34407
Operating Expense 4593
Gross Scheduled Income 39000
Gross Income 39000
Cap Rate 5.74
Net Scheduled Income 34407
Lot/ Land Details
Road Surface Paved
We are not permitted to show value estimates for this property.
  • Dec 2023
    mls logo MLS # 23170960
  • Dec 4, 2023 Sold
    $589,900 (-1.7%)
  • Sep 17, 2023 Pending
    —
  • Sep 3, 2023 Price Change
    $599,900 (-4.8%)
  • Aug 8, 2023 Listed
    $629,900
  • 116 Centennial Blvd
    $589K
  • East Kelly Butte
    $349K -12% y/y
  • 97477
    $447K +6% y/y
  • Springfield
    $459K -1% y/y
No chart available
Statistics calculated by Movoto

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4/10
Centennial Elementary School
public Grades K-5
Springfield School District 19
2/10
Hamlin Middle School
public Grades 6-8
Springfield School District 19
3/10
Springfield High School
public Grades 9-12
Springfield School District 19
Source: GreatSchools.org © 2026. All rights reserved.

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