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121 W C St, Springfield, OR 97477

$800,000
  • —

    bed

  • —

    bath

  • 3,000

    Sqft ($267/Sqft)

Multi-family for sale 40 days

About 121 W C St

Property type Multi-family
Neighborhood
Year built 1950
HOA fee $0/month
Lot size 5,662 Sqft
Rental estimate
Property description
Rare opportunity to own an income-producing 4-plex and two adjacent lots! This wonderfully updated 4-plex has 2-bedroom, 1-bath units, approximately 650 square feet each. One unit has dedicated washer/dryer hookups. There is also a common area on the main level that was previously used as a common laundry for possible added income. Upstairs is unfinished storage that is approximately 1,800 square feet per county records. Under-market rents allow you to maximize your portfolio. One lot is 0.12 acres and zoned community commercial; the second is 0.25 acres and zoned residential. Metal roof for peace of mind. With close proximity to the Willamalane Recreation Center, Senior Center, Historic Downtown Springfield, Island Park, and more! Buyer to complete all due diligence with the City of Springfield for possible use.
Listed by
Listing Agent - Derrick Roser
Listing Agent Contact: 541-653-7377
Listing Office - Keller Williams Realty Eugene and Springfield
Source: RMLS mls logo
MLS#717395713 • last updated 1 month ago
Movoto checked RMLS for data 4 minutes ago
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Overview
Heating Zoned
MLS # 717395713
Type Multi Family
Status Active
Lot Size (SqFt) 5662
Lot Size (Acres) 0.13
Property Tax 4043.62
Year Built 1950
Exterior
Roof Metal
Exterior Features Wood Siding
Lot Desc Level, Trees
Amenities / Utilities
Hot Water Electricity, Tank
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 See Rmk
Directions MLK Jr. Parkway, To Pionerer Pkwy, To C Street To Address
APN 311215
Multifamily Details
Unit Type 3: Total Baths 1
Unit Type 1: # Bedrooms 2
Unit Type 1 : Total Baths 1
Unit Type 2: # Bedrooms 2
Unit Type 3: # Bedrooms 2
Unit Type 4: Total Baths 1
Unit Type 2: Total Baths 1
Unit Type 4: # Bedrooms 2
Unit Type 1: Rent 750
Unit Type 4: Rent 840
Unit Type 3: Rent 770
Unit Type 2: Rent 720
Total # of Units 4
Gross Rent Multiplier 21.65
Net Operating Income 30634
Operating Expense 6326
Gross Income 36960
Cap Rate 3.83
Lot/ Land Details
Road Surface Gravel, Paved
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Source: GreatSchools.org © 2026. All rights reserved.

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  • Real Estate
  • OR
  • Lane County
  • Springfield
  • 97477
  • East Kelly Butte
  • 121 W C St

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