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Sold on 05/22/2023
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1325 7th St, Springfield, OR 97477

  • $400,000

    Last sold 05/22/2023 after 5 Days

  • —

    bed

  • —

    bath

Multi-family not for sale
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About 1325 7th St

Property type Multi-family
Neighborhood
Year built 1970
HOA fee $0/month
Rental estimate
Property description
Great single level duplex with both sides rented. Close to schools, bus & shopping in quiet neighborhood. Large fenced yards with one car garage for each side. Sides are not identical but similar. Washer dryer hookups. Both sides are in good condition. Rents could be raised.
Listed by
Listing Agent - Elizabeth Steinhouse
Listing Office - ICON Real Estate Group
Source: RMLS mls logo
MLS#23089797 • last updated 3 years ago
Movoto checked RMLS for data 7 minutes ago
Overview
Heating Baseboard
MLS # 23089797
Type Multi Family
Status Sold
Property Tax 3603.8
Year Built 1970
Exterior
# Parking Spaces 2
Exterior Features T-111 Siding
Lot Desc 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
High School Springfield
Zoning LD
Directions Centennial To 7th
APN 225118
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 1200
Unit Type 2: Rent 1000
Total # of Units 2
Gross Rent Multiplier 13.62
Net Operating Income 27540
Operating Expense 23937
Gross Income 27540
Cap Rate 7.34
We are not permitted to show value estimates for this property.
  • Jun 2023
    mls logo MLS # 23089797
  • Jun 20, 2023 Sold
    $400,000
  • May 22, 2023 Pending
    —
  • May 17, 2023 Listed
    $375,000 (+77.8%)
  • Jun 2023
    Public Records
  • Jun 20, 2023 Sold
    $400,000 (+6.7%)
  • May 2007
    Public Records
  • May 11, 2007 Sold
    $210,920 (+55.1%)
  • Sep 2003
    Public Records
  • Sep 22, 2003 Sold
    $136,000
  • 1325 7th St
    $400K
  • 249 - Lane Co: Springfield
    —
  • 97477
    $430K 0% y/y
  • Springfield
    $475K +5% y/y
No chart available
Statistics calculated by Movoto

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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.

Around 249 - Lane Co: Springfield

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