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Sold on 09/25/2022
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3995 S E St, Springfield, OR 97478

  • $500,000

    Last sold 09/25/2022 after 61 Days

  • —

    bed

  • —

    bath

  • 1,920

    Sqft ($260/Sqft)

Multi-family not for sale
Movoto is helping 12 homebuyers near you

About 3995 S E St

Property type Multi-family
Neighborhood
Year built 1971
HOA fee $0/month
Rental estimate
Property description
INVESTOR OPPORTUNITY OR LIVE IN ONE SIDE & RENT OTHER. Income earning corner lot duplex. Unit 3995 S E St is 3 bedroom, 1 bath, small extra room that can be an office or craft room, garage converted into 3rd bedroom. Unit 620 S 40th St is 2 bedroom, 1 bath with one car garage. Freshly painted exterior, new gate and improved landscape. Some interior improvements include paint, light figures, flooring, one dishwasher, one wall heater and two electrical panels. Buyer to verify square footage.
Listed by
Listing Agent - Sandy Pierce
Listing Agent Contact: 541-915-8948
Listing Office - Keller Williams Realty Eugene and Springfield
Source: RMLS mls logo
MLS#22692162 • last updated 3 years ago
Movoto checked RMLS for data 5 minutes ago
Overview
Cooling/AC None
Heating Ceiling
MLS # 22692162
Type Multi Family
Status Sold
Property Tax 3174.09
Year Built 1971
Exterior
Roof Composition
Exterior Features Plywood
Lot Desc Corner Lot, Level
Amenities / Utilities
Hot Water Electricity
Sewer/ Septic Public Sewer
Water Source Public Water
Location
County Lane
Area 249 - Lane Co: Springfield
Elementary School Douglas Gardens
Middle School Agnes Stewart
High School Springfield
Zoning LD
Directions South On South 42nd St, Right On Virginia Ave, Left Of South 40th
APN 125631
Multifamily Details
Unit Type 1: # Bedrooms 3
Unit Type 1 : Total Baths 1
Unit Type 2: # Bedrooms 2
Unit Type 2: Total Baths 1
Total # of Units 2
Gross Rent Multiplier 21.68
Net Operating Income 18829
Operating Expense 3771
Gross Income 22600
Cap Rate 3.84
Lot/ Land Details
Road Surface Paved
We are not permitted to show value estimates for this property.
  • Nov 2022
    mls logo MLS # 22692162
  • Nov 7, 2022 Sold
    $500,000 (+4.2%)
  • Sep 26, 2022 Pending
    —
  • Sep 20, 2022 Listed
    —
  • Aug 13, 2022 Pending
    —
  • Jul 26, 2022 Listed
    $480,000
  • 3995 S E St
    $500K
  • Mid-Springfield
    $356K -4% y/y
  • 97478
    $494K +1% y/y
  • Springfield
    $459K -1% y/y
No chart available
Statistics calculated by Movoto

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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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