Movoto Real Estate
Sold on 04/20/2026
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1390 R St, Springfield, OR 97477

$499,000

Last sold 04/20/2026 after 6 Days

  • bed

  • bath

  • 2,006

    Sqft ($249/Sqft)

Multi-family not for sale

About 1390 R St

Property type Multi-family
Neighborhood
Year built 1978
HOA fee $0/month
Lot size 0.26 Acre
Parking 2 garage spaces
Rental estimate
Property description
Well maintained townhouse style duplex located at 1390 & 1392 R St. in Springfield, OR.Featuring two well designed units, each offering 2 bedrooms, 1.5 bathrooms, approximately 1,003 sq ft, and an attached 2-car garage on each side. Each unit offers seperate yard/patio space and adequate parking areas. This property provides a strong combination of space, function, and rental appeal.In August 2025, the property underwent significant exterior improvements including new siding, exterior paint, and a new roof making these units truly turn key. Each unit includes washer/dryer hookups in the garage, and the layouts offer comfortable separation between living and private spaces. Unit 1390 includes an updated kitchen, while the second unit presents an opportunity for future improvements and added value but still turn key.Positioned on a spacious lot, the property is conveniently located close to shopping, dining, medical facilities, the University of Oregon, and major bus lines.Whether you're looking to owner-occupy with income potential or add a solid asset to your portfolio, this property delivers great stability and upside. Appointment only, Please do not disturb tenants.
Listed by
Listing Agent - Amanda Parker
Listing Office - Parker Heights Realty
Source: RMLS mls logo
MLS#722324935 • last updated 3 months ago
Movoto checked RMLS for data 13 minutes ago
Overview
Cooling/AC None
Heating WallHeater, Zoned
MLS # 722324935
Type Multi Family
Status Sold
Lot Size (SqFt) 11325
Lot Size (Acres) 0.26
Property Tax 4385.14
Year Built 1978
Exterior
Roof Composition
# Parking Spaces 4
# Garage Spaces 2
Exterior Features T-111 Siding
Lot Desc Flag Lot
Amenities / Utilities
Hot Water Electricity
Sewer/ Septic Public Sewer
Water Source Public Water
Location
County Lane
Area 232 - Lane Co: Hayden Bridge
Elementary School Page
Middle School Briggs
High School Springfield
Zoning R2
Directions Use Gps
APN 1169661
Multifamily Details
Unit Type 1: # Bedrooms 2
Unit Type 1 : Total Baths 6
Unit Type 2: # Bedrooms 2
Unit Type 2: Total Baths 6
Unit Type 1: Rent 1650
Unit Type 2: Rent 1575
Total # of Units 2
Gross Rent Multiplier 12.89
Net Operating Income 38700
Gross Scheduled Income 38700
Gross Income 38700
Cap Rate 7.76
Lot/ Land Details
Road Surface Concrete, Gravel
We are not permitted to show value estimates for this property.
  • May 2026
    mls logo MLS # 722324935
  • May 27, 2026 Sold
    $499,000
  • Apr 20, 2026 Pending
  • Apr 14, 2026 Listed
    $499,000 (+80.1%)
  • May 2018
    Public Records
  • May 31, 2018 Sold
    $277,000
  • May 2018
    mls logo MLS # 18384343
  • May 31, 2018 Sold
    $277,000 (-3.5%)
  • May 2, 2018 Pending
  • Apr 25, 2018 Listed
    $287,000 (+30.5%)
  • Nov 2016
    Public Records
  • Nov 15, 2016 Sold
    $220,000
  • Nov 2016
    mls logo MLS # 16239559
  • Nov 15, 2016 Sold
    $220,000 (-2.2%)
  • Sep 27, 2016 Pending
  • Aug 26, 2016 Listed
    $225,000
  • Year Property taxes Tax assessment
  • 2024
    $4,314 +4.4%
    $232,170 +3.0%
  • 2023
    $4,131 +3.4%
    $225,408 +3.0%
  • 2022
    $3,996 +1.8%
    $218,843 +3.0%
  • 2021
    $3,924 +3.0%
    $212,469 +3.0%
  • 2020
    $3,809 +3.1%
    $206,281 +3.0%
  • 2019
    $3,695 +6.1%
    $200,273 +6.09%
  • 2018
    $3,483 +4.0%
    $188,777
  • 2017
    $3,349 +2.1%
    $188,777 +3.0%
  • 2016
    $3,279 +2.9%
    $183,279
  • 2015
    $3,185
  • 1390 R St
    $499K
  • Q Street
    $444K 0% y/y
  • 97477
    $405K -5% y/y
  • Springfield
    $455K +1% y/y
No chart available
Statistics calculated by Movoto

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

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