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Sold on 09/11/2017
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1928 5th St, Springfield, OR 97477

  • $5,600,000

    Last sold 09/11/2017 after 13 Days

  • —

    bed

  • —

    bath

  • 31,540

    Sqft ($178/Sqft)

Multi-family not for sale
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About 1928 5th St

Property type Multi-family
Neighborhood
Year built 2016
HOA fee $0/month
Rental estimate
Property description
Very well built,fully occupied units. Extras include double sheetrocking on interior walls for sound abatement,built in washer/dryers in each unit,granite counter tops, built in attached storage units. Amazing location, across form Fred Meyer,and two blocks from safeway.Also close to Riverbend.
Listed by
Listing Agent - Michael O'Connell
Listing Office - O'Connell & Associates LLC
Source: RMLS mls logo
MLS#17578678 • last updated 2 years ago
Movoto checked RMLS for data 9 minutes ago
Overview
Cooling/AC None
Heating Zoned
MLS # 17578678
Type Multi Family
Status Sold
Property Tax 50000
Year Built 2016
Exterior
Roof Composition
# Parking Spaces 44
Exterior Features Cement Siding
Lot Desc On Busline
Amenities / Utilities
Sewer/ Septic Public Sewer
Water Source Public Water
Location
View City
Waterfront Other
County Lane
Area 249 - Lane Co: Springfield
Elementary School Page
Middle School Hamlin
High School Springfield
Zoning HDR
Directions I -105 To Pioneer Parkway, Right To Q. St. Left On 5th St. Coplex Is Across From Fred Meyer
APN 218949
Multifamily Details
Total # of Units 38
Gross Rent Multiplier 12.06
Operating Expense Scheduled 131911
Net Operating Income 331030
Operating Expense 131911
Gross Scheduled Income 476640
Gross Income 476640
Cap Rate 5.76
Net Scheduled Income 331030
We are not permitted to show value estimates for this property.
  • Dec 2017
    mls logo MLS # 17578678
  • Dec 4, 2017 Sold
    $5,600,000 (-2.6%)
  • Sep 11, 2017 Pending
    —
  • Aug 29, 2017 Listed
    $5,750,000 (+5650.0%)
  • Sep 2014
    mls logo MLS # 14434906
  • Sep 22, 2014 Sold
    $100,000 (-41.1%)
  • Jun 10, 2014 Listed
    $169,900
  • 1928 5th St
    $5.6M
  • Q Street
    $499K +18% y/y
  • 97477
    $430K 0% y/y
  • Springfield
    $475K +5% y/y
No chart available
Statistics calculated by Movoto

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3/10
Elizabeth Page 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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