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Sold on 05/16/2020
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229 S 47th St, Springfield, OR 97478

$300,000

Last sold 05/16/2020 after 15 Days

  • —

    bed

  • —

    bath

  • 2,582

    Sqft ($116/Sqft)

Multi-family not for sale
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About 229 S 47th St

Property type Multi-family
Neighborhood
Year built 1996
HOA fee $0/month
Rental estimate
Property description
Hard to find 3 bedroom, 1.1 bathroom with attached one car garage each side. Three bedrooms, full bathroom and a utility room upstairs, half bath, kitchen, dining and living room downstairs. Both sides have long term tenants. Within the last 3 years, new flooring was installed, appliances and within the last couple months, new garage doors. Addresses are 229/231 S 47th Street.
Listed by
Listing Agent - Jodie Vanderbeck
Listing Office - Hybrid Real Estate
Source: RMLS mls logo
MLS#20568497 • last updated 6 years ago
Movoto checked RMLS for data 4 minutes ago
Overview
Cooling/AC None
Heating Zoned
MLS # 20568497
Type Multi Family
Status Sold
Property Tax 4388.39
Year Built 1996
Exterior
Roof Composition
Exterior Features Vinyl Siding
Lot Desc Cul-de-sac, Level
Amenities / Utilities
Hot Water Electricity
Sewer/ Septic Public Sewer
Water Source Public Water
Location
County Lane
Area 239 - Lane Co: Thurston
Elementary School Mt Vernon
Middle School Agnes Stewart
High School Springfield
Zoning MD
Directions East On Main, Right On S 47th Street, Left Into Cul De Sac
APN 1552015
Multifamily Details
Unit Type 1: # Bedrooms 3
Unit Type 1 : Total Baths 2
Unit Type 2: # Bedrooms 3
Unit Type 2: Total Baths 2
Unit Type 1: Rent 1285
Unit Type 2: Rent 950
Total # of Units 2
Gross Rent Multiplier 12.3
Net Operating Income 19820
Operating Expense 7000
Gross Income 26820
Cap Rate 6.01
Lot/ Land Details
Road Surface Paved
We are not permitted to show value estimates for this property.
  • Jul 2020
    Public Records
  • Jul 2, 2020 Sold
    $300,000
  • Jul 2020
    mls logo MLS # 20568497
  • Jul 2, 2020 Sold
    $300,000 (-9.1%)
  • May 6, 2020 Pending
    —
  • May 1, 2020 Listed
    $330,000 (+59.8%)
  • Jan 2005
    Public Records
  • Jan 7, 2005 Sold
    $206,500
  • Year Property taxes Tax assessment
  • 2024
    $5,124 +4.4%
    $275,754 +3.0%
  • 2023
    $4,906 +3.4%
    $267,723 +3.0%
  • 2022
    $4,746 +1.8%
    $259,926 +3.0%
  • 2021
    $4,661 +3.0%
    $252,356 +3.0%
  • 2020
    $4,524 +3.1%
    $245,006 +3.0%
  • 2019
    $4,388 +6.1%
    $237,870 +6.09%
  • 2018
    $4,137 +4.0%
    $224,216
  • 2017
    $3,978 +3.7%
    $224,216 +3.0%
  • 2016
    $3,835 +4.9%
    $217,685
  • 2015
    $3,656
    —
  • 229 S 47th St
    $300K
  • East Main
    $379K -1% y/y
  • 97478
    $470K -4% y/y
  • Springfield
    $449K -2% y/y
No chart available
Statistics calculated by Movoto

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3/10
Mt Vernon Elementary School
public Grades K-5
Springfield School District 19
5/10
Agnes Stewart 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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