Movoto Real Estate
Sold on 03/17/2025
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5495 A St Units 77-80, Springfield, OR 97478

$657,226

Last sold 03/17/2025 for $470K

  • —

    bed

  • —

    bath

  • 3,222

    Sqft ($146/Sqft)

Multi-family not for sale

About 5495 A St Units 77-80

Property type Multi-family
Neighborhood
Year built 1979
HOA fee $0/month
Lot size 10,454 Sqft
Movoto estimate
Rental estimate
Property description
INVESTOR ALERT!!! 4-plex in the highly sought after Thurston area of Springfield. Each unit is a 2 bedroom 1 bath with over 800 sq. feet & includes a balcony or patio with storage off each. There are 2 units upstairs & 2 downstairs with a laundry room ready with hookups between the 2 downstairs units. No bedrooms share walls with the other units, for added privacy. Each unit has a spacious kitchen that opens to a dining area, & includes a freestanding stove, fridge, & a built-in dishwasher. The 2 downstairs units have longer term tenants, so updates haven't been made. But the 2 upstairs units are on leases & have been recently updated with new interior paint, trim, lighting, blinds, carpet in the living & bedroom areas, matching wood laminate flooring in the kitchen, bath, entry, & by the slider to the balcony, & more. Some windows have already been upgraded to vinyl too. A new roof was put on about 4 years ago, so that major expense is done! This property also has 4 covered parking spots & 2 extra spaces on each end, with room for extra off street tandem parking as well. A fresh coat of exterior paint & this property will shine!! Selling as-is & priced to sell FAST!!! Please do not disturb tenants, showings only with an accepted offer. Sorry, owner carry or subject-to offers will NOT be considered.
Listed by
Listing Agent - Liz Churchill
Listing Office - Hybrid Real Estate
Source: RMLS mls logo
MLS#506257239 • last updated 1 year ago
Movoto checked RMLS for data 8 minutes ago
Overview
Cooling/AC None
Heating Ceiling, WallHeater, Zoned
MLS # 506257239
Type Multi Family
Status Sold
Lot Size (SqFt) 10454
Lot Size (Acres) 0.24
Property Tax 5345.17
Year Built 1979
Exterior
Roof Composition, Shingle
# Parking Spaces 6
Exterior Features T-111 Siding
Lot Desc Level
Amenities / Utilities
Hot Water Electricity
Sewer/ Septic Public Sewer
Water Source Public Water
Location
County Lane
Community Features Laundry
Subdivision THURSTON
Area 239 - Lane Co: Thurston
Elementary School Riverbend
Middle School Agnes Stewart
High School Thurston
Zoning R2
Directions Main St. To North On 54th To East On A St. Turn Right Into Complex.
APN 1254372
Multifamily Details
Unit Type 3: Total Baths 1
Unit Type 1: # Bedrooms 2
Unit Type 1 : Total Baths 1
Unit Type 3: # Bedrooms 2
Unit Type 4: Total Baths 1
Unit Type 4: # Bedrooms 2
Unit Type 1: Rent 995
Unit Type 4: Rent 850
Unit Type 3: Rent 925
Total # of Units 4
Gross Rent Multiplier 12.09
Operating Expense Scheduled 7500
Net Operating Income 31593
Operating Expense 9340
Gross Scheduled Income 45855
Gross Income 40933
Cap Rate 6.38
Net Scheduled Income 38355
Lot/ Land Details
Road Surface Paved
$657K
Range: $591K-$722K
Last 30 days 
Rental est.: $1,614/month
Gross rent multiplier: 24.3
  • Mar 2025
    mls logo MLS # 506257239
  • Mar 26, 2025 Sold
    $470,000 (-5.1%)
  • Mar 17, 2025 Pending
    —
  • Mar 12, 2025 Listed
    —
  • Mar 1, 2025 Pending
    —
  • Feb 26, 2025 Listed
    $495,000
  • 5495 A St Units 77-80
    $470K
  • Mid-Springfield
    $358K 0% y/y
  • 97478
    $487K +4% y/y
  • Springfield
    $455K +1% y/y
No chart available
Statistics calculated by Movoto

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Source: GreatSchools.org © 2026. All rights reserved.

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