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Sold on 04/10/2024
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4061 Southway Loop, Springfield, OR 97478

  • $380,000

    Last sold 04/10/2024 after 9 Days

  • —

    bed

  • —

    bath

  • 2,235

    Sqft ($170/Sqft)

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

About 4061 Southway Loop

Property type Multi-family
Neighborhood
Year built 1974
HOA fee $0/month
Lot size 7,840 Sqft
Parking 2 garage spaces
Rental estimate
Property description
This is a portfolio sale for 4 duplexes in the same neighborhood. Property has 2 bedrooms and 1.5 baths with single car garage. Some are updated recently with LVP and newer kitchen appliances. Rents range from $1450 - $1495 per unit. APOD and P/L avail through your real estate agent.
Listed by
Listing Agent - Brent Cole
Listing Agent Contact: 541-556-5093
Listing Office - Triple Oaks Realty LLC
Source: RMLS mls logo
MLS#24393696 • last updated 2 years ago
Movoto checked RMLS for data 4 minutes ago
Overview
Cooling/AC None
Heating Ceiling, Wall Heater
MLS # 24393696
Type Multi Family
Status Sold
Lot Size (SqFt) 7840
Lot Size (Acres) 0.18
Property Tax 14640
Year Built 1974
Exterior
Roof Composition
# Parking Spaces 2
# Garage Spaces 2
Exterior Features Wood Siding
Amenities / Utilities
Hot Water Electricity
Sewer/ Septic Public Sewer
Water Source Public Water
Location
County Lane
Area 249 - Lane Co: Springfield
Middle School Agnes Stewart
Zoning MD
Directions Main Street To S. 41st To Southway Loop
APN 1099058
Multifamily Details
Unit Type 1: # Bedrooms 2
Unit Type 1 : Total Baths 2
Unit Type 2: # Bedrooms 2
Unit Type 2: Total Baths 2
Unit Type 1: Rent 1450
Unit Type 2: Rent 1495
Total # of Units 8
Gross Rent Multiplier 2.76
Operating Expense Scheduled 35985
Net Operating Income 98307
Operating Expense 35985
Gross Scheduled Income 141360
Gross Income 141360
Cap Rate 25.21
Net Scheduled Income 98307
Lot/ Land Details
Road Surface Paved
We are not permitted to show value estimates for this property.
  • May 2024
    mls logo MLS # 24393696
  • May 11, 2024 Sold
    $380,000
  • Apr 10, 2024 Pending
    —
  • Mar 18, 2024 Listed
    $1,560,000
  • May 2024
    Public Records
  • May 10, 2024 Sold
    $380,000 (-75.6%)
  • 4061 Southway Loop
    $380K
  • Mid-Springfield
    $360K -6% y/y
  • 97478
    $515K +5% y/y
  • Springfield
    $488K +5% 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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