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Sold on 02/01/2023
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3280 Industrial Ave, Springfield, OR 97478

$440,000

Last sold 02/01/2023 after 43 Days

  • —

    bed

  • —

    bath

  • 2,100

    Sqft ($210/Sqft)

Multi-family not for sale
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About 3280 Industrial Ave

Property type Multi-family
Neighborhood
Year built 1949
HOA fee $0/month
Rental estimate
Property description
The following properties are included in this sale: 3280 Industrial Ave is a 3 bedroom, 1 bath, 1114 SQFT home that has been owner occupied, 1168 33rd St is a deed created lot that has a 2 bedroom, 1 bath manufactured home, and 1136 33rd St is a 2 bedroom, 2 bath manufactured home. Manufactured homes and flat section of roof on garage have membrane roofs, long term tenants in manufactured homes. Home was updated with vinyl siding, vinyl windows, laminate and Oak Parquet flooring in early 2000.
Listed by
Listing Agent - Michael Smith
Listing Office - Premier RE & Property Mngmnt
Source: RMLS mls logo
MLS#22561888 • last updated 3 years ago
Movoto checked RMLS for data 4 minutes ago
Overview
Heating Baseboard
MLS # 22561888
Type Multi Family
Status Sold
Property Tax 2254.16
Year Built 1949
Exterior
Roof Composition
Exterior Features Vinyl Siding
Lot Desc Corner Lot, Level
Amenities / Utilities
Hot Water Electricity
Sewer/ Septic Public Sewer
Water Source Public Water
Location
View Mountain(s), Trees/Woods
County Lane
Area 249 - Lane Co: Springfield
Elementary School Yolanda
Middle School Briggs
High School Thurston
Zoning Ind/Res
Directions Olympic To 33rd To Industrial
APN 114940
Multifamily Details
Unit Type 3: Total Baths 2
Unit Type 1: # Bedrooms 3
Unit Type 1 : Total Baths 1
Unit Type 2: # Bedrooms 2
Unit Type 3: # Bedrooms 2
Unit Type 2: Total Baths 1
Unit Type 3: Rent 879
Unit Type 2: Rent 659
Total # of Units 3
Gross Rent Multiplier 12.48
Operating Expense Scheduled 2820
Net Operating Income 34836
Operating Expense 2820
Gross Scheduled Income 45600
Gross Income 37656
Cap Rate 7.41
Net Scheduled Income 42780
Lot/ Land Details
Road Surface Paved
We are not permitted to show value estimates for this property.
  • Apr 2023
    mls logo MLS # 22561888
  • Apr 27, 2023 Sold
    $440,000 (-6.4%)
  • Feb 5, 2023 Pending
    —
  • Jan 4, 2023 Price Change
    $469,900 (-18.3%)
  • Dec 20, 2022 Listed
    $574,900
  • Year Property taxes Tax assessment
  • 2024
    $2,478 +4.4%
    $133,373 +3.0%
  • 2023
    $2,373 +3.4%
    $129,489 +3.0%
  • 2022
    $2,295 +1.8%
    $125,718 +3.0%
  • 2021
    $2,254 +3.0%
    $122,057 +3.0%
  • 2020
    $2,188 +3.1%
    $118,502 +3.0%
  • 2019
    $2,123 +6.1%
    $115,051 +6.09%
  • 2018
    $2,001 +4.0%
    $108,447
  • 2017
    $1,924 +539.7%
    $108,447 +533.38%
  • 2016
    $301
    $17,122
  • 3280 Industrial Ave
    $440K
  • Mid-Springfield
    $339K -5% y/y
  • 97478
    $479K +3% y/y
  • Springfield
    $449K 0% y/y
No chart available
Statistics calculated by Movoto

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3/10
Yolanda Elementary School
public Grades K-5
Springfield School District 19
5/10
Briggs Middle School
public Grades 6-8
Springfield School District 19
4/10
Thurston High School
public Grades 9-12
Springfield School District 19
Source: GreatSchools.org © 2026. All rights reserved.

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