Movoto Real Estate
Sold on 01/09/2025
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5495 A St, Springfield, OR 97478

  • $666,439

    Last sold 01/09/2025 for $475K

  • bed

  • bath

  • 3,222

    Sqft ($147/Sqft)

Multi-family not for sale
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About 5495 A St

Property type Multi-family
Neighborhood
Year built 1979
HOA fee $0/month
Lot size 10,454 Sqft
Movoto estimate
Rental estimate
Property description
Prime Investment Opportunity in Thurston! This well-maintained 4-plex offers 2-bedroom, 1-bath units with storage, patios or decks, and assigned carport parking. The property includes recent exterior paint and a low-maintenance yard.Located near the Thurston LTD bus station, shopping, and freeway access, ensuring resident convenience. Strong rental history with below-market rents and all month-to-month agreements presents income potential! Ideal for investors seeking location and growth opportunity. Please do not disturb tenants. Reach out to listing agent with questions.
Listed by
Listing Agent - Naseem Hamide
Listing Office - Works Real Estate
Source: RMLS mls logo
MLS#24562366 • last updated 1 year ago
Movoto checked RMLS for data 5 minutes ago
Overview
Cooling/AC Air Conditioning Ready
Heating Ceiling
MLS # 24562366
Type Multi Family
Status Sold
Lot Size (SqFt) 10454
Lot Size (Acres) 0.24
Property Tax 5342.14
Year Built 1979
Exterior
Roof Composition
# Parking Spaces 4
Exterior Features Other
Lot Desc Level
Amenities / Utilities
Hot Water Electricity
Sewer/ Septic Public Sewer
Water Source Public Water
Location
County Lane
Community Features Laundry
Area 239 - Lane Co: Thurston
Elementary School Riverbend
Middle School Agnes Stewart
High School Thurston
Zoning MDR
Directions Main Street, North On 54th, East On A
APN 1254422
Multifamily Details
Unit Type 3: Total Baths 1
Unit Type 1: # Bedrooms 2
Unit Type 1 : Total Baths 1
Unit Type 2: # Bedrooms 2
Unit Type 3: # Bedrooms 2
Unit Type 4: Total Baths 1
Unit Type 2: Total Baths 1
Unit Type 4: # Bedrooms 2
Unit Type 1: Rent 600
Unit Type 4: Rent 950
Unit Type 3: Rent 600
Unit Type 2: Rent 850
Total # of Units 4
Gross Rent Multiplier 14
Net Operating Income 23714
Operating Expense 11996
Gross Income 35710
Cap Rate 4.74
Lot/ Land Details
Road Surface Concrete
$666K
Range: $599K-$733K
Last 30 days 
Rental est.: $1,594/month
Gross rent multiplier: 24.8
  • Apr 2026
    mls logo MLS # 681996898
  • Apr 14, 2026 Price Change
    $675,000 (-3.6%)
  • Nov 28, 2025 Price Change
    $699,900 (-6.7%)
  • Sep 15, 2025 Listed
    $725,000 (+52.6%)
  • Oct 2025
    mls logo MLS # 140811798
  • Oct 8, 2025 Listed
    $749,900 (+3.4%)
  • Feb 2025
    mls logo MLS # 24562366
  • Feb 19, 2025 Sold
    $475,000 (-5.0%)
  • Jan 10, 2025 Pending
  • Dec 31, 2024 Listed
    $499,900 (-16.7%)
  • May 2024
    mls logo MLS # 24636597
  • May 10, 2024 Sold
    $600,000 (+20.0%)
  • Apr 10, 2024 Pending
  • Mar 14, 2024 Listed
    $700,000 (+7.7%)
  • May 2024
    mls logo MLS # 24497892
  • May 10, 2024 Sold
    $500,000
  • Apr 10, 2024 Pending
  • Mar 14, 2024 Listed
    $650,000 (+4.0%)
  • May 2024
    mls logo MLS # 24222095
  • May 10, 2024 Sold
    $500,000 (-28.6%)
  • Apr 10, 2024 Pending
  • Mar 14, 2024 Listed
    $625,000 (+49.2%)
  • Apr 2021
    mls logo MLS # 21661480
  • Apr 20, 2021 Sold
    $419,000 (-4.7%)
  • Mar 19, 2021 Pending
  • Mar 16, 2021 Listed
    $439,800 (+46.6%)
  • Jun 2017
    mls logo MLS # 17396892
  • Jun 1, 2017 Sold
    $300,000 (-1.6%)
  • Apr 22, 2017 Pending
  • Apr 15, 2017 Listed
    $305,000
  • 5495 A St
    $475K
  • East Main
    $402K +5% y/y
  • 97478
    $493K +5% y/y
  • Springfield
    $475K +5% y/y
No chart available
Statistics calculated by Movoto

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

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