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Sold on 02/08/2018
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4016 Oregon Ave, Springfield, OR 97478

$490,000

Last sold 02/08/2018 for $272K

  • —

    bed

  • —

    bath

  • 2,235

    Sqft ($122/Sqft)

Multi-family not for sale
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About 4016 Oregon Ave

Property type Multi-family
Neighborhood
Year built 1976
HOA fee $0/month
Movoto estimate
Rental estimate
Property description
Do Not Disturb Tenants. Duplex on corner lot. Both units have 1 car garage and fireplace. Buyer to verify square footage. 40th Pl side is two stories and the Oregon Ave side is 1 story. Professionally managed. One long term tenant on mo-to-mo @ $920, other on lease.
Listed by
Listing Agent - Rene Nelson
Listing Agent Contact: Lindaobryant1@gmail.com
Listing Office - PacWest Commercial RE, Inc
Source: RMLS mls logo
MLS#18337625 • last updated 8 years ago
Movoto checked RMLS for data 5 minutes ago
Overview
Heating Ceiling
MLS # 18337625
Type Multi Family
Status Sold
Property Tax 3236.68
Year Built 1976
Exterior
Exterior Features T-111 Siding
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 MD
Directions Main St, S On 40th, E On Oregon Ave
APN 124840
Multifamily Details
Unit Type 1: # Bedrooms 2
Unit Type 1 : Total Baths 2
Unit Type 2: # Bedrooms 2
Unit Type 2: Total Baths 1
Unit Type 1: Rent 920
Unit Type 2: Rent 875
Total # of Units 2
Gross Rent Multiplier 14.16
Net Operating Income 15235
Operating Expense 6309
Gross Income 21540
Cap Rate 5
$490K
Range: $421K-$558K
Last 30 days 
Rental est.: $1,644/month
Gross rent multiplier: 13.8
  • Feb 2018
    Public Records
  • Feb 20, 2018 Sold
    $272,500
  • Feb 2018
    mls logo MLS # 18337625
  • Feb 20, 2018 Sold
    $272,500 (-10.6%)
  • Feb 8, 2018 Pending
    —
  • Jan 23, 2018 Listed
    $304,900 (+68.5%)
  • Jan 2005
    Public Records
  • Jan 28, 2005 Sold
    $181,000 (+16.8%)
  • Jan 2004
    Public Records
  • Jan 12, 2004 Sold
    $155,000
  • Year Property taxes Tax assessment
  • 2024
    $4,169 +4.4%
    $224,381 +3.0%
  • 2023
    $3,992 +3.4%
    $217,846 +3.0%
  • 2022
    $3,862 +1.8%
    $211,501 +3.0%
  • 2021
    $3,792 +3.0%
    $205,341 +3.0%
  • 2020
    $3,682 +3.1%
    $199,361 +3.0%
  • 2019
    $3,571 +6.1%
    $193,555 +6.09%
  • 2018
    $3,366 +4.0%
    $182,445
  • 2017
    $3,237 +2.1%
    $182,445 +3.0%
  • 2016
    $3,169 +2.9%
    $177,131
  • 2015
    $3,078
    —
  • 4016 Oregon Ave
    $272K
  • Mid-Springfield
    $358K -7% y/y
  • 97478
    $470K -4% y/y
  • Springfield
    $449K -2% y/y
No chart available
Statistics calculated by Movoto

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8/10
Douglas Gardens 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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