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Sold on 08/21/2021
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773 N Cloverleaf Loop, Springfield, OR 97477

  • $390,000

    Last sold 08/21/2021 after 52 Days

  • —

    bed

  • —

    bath

  • 2,400

    Sqft ($163/Sqft)

Multi-family not for sale
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About 773 N Cloverleaf Loop

Property type Multi-family
Neighborhood
Year built 1979
HOA fee $0/month
Rental estimate
Property description
Duplex in the Gateway area of Springfield. Each unit is 1,200 SF, 3 bed/1.5 bath. Two stories. Currently occupied with month-to-month tenants. Seller is a licensed RE broker in the State of Oregon. 773 & 775 Cloverleaf Lp. The 773 side will vacant on October 8th.
Listed by
Listing Agent - John Pennington
Listing Office - Pennington Realty, Inc
Source: RMLS mls logo
MLS#21056801 • last updated 4 years ago
Movoto checked RMLS for data 3 minutes ago
Overview
Heating Ceiling
MLS # 21056801
Type Multi Family
Status Sold
Property Tax 3930.88
Year Built 1979
Exterior
Roof Composition
Exterior Features T-111 Siding
Lot Desc Level
Amenities / Utilities
Hot Water Electricity, Tank
Sewer/ Septic Public Sewer
Water Source Public Water
Location
County Lane
Community Features Commons
Subdivision Gateway Area
Area 249 - Lane Co: Springfield
Elementary School Guy Lee
Middle School Briggs
High School Springfield
Zoning RSFR
Directions Gateway Blvd. To Oakdale Ave. To Cloverleaf
APN 1164464
Multifamily Details
Unit Type 1: # Bedrooms 3
Unit Type 1 : Total Baths 2
Unit Type 2: # Bedrooms 3
Unit Type 2: Total Baths 2
Unit Type 1: Rent 915
Unit Type 2: Rent 1150
Total # of Units 2
Gross Rent Multiplier 18.44
Operating Expense Scheduled 5829
Net Operating Income 17460
Operating Expense 5700
Gross Scheduled Income 24780
Gross Income 23160
Cap Rate 4.09
Net Scheduled Income 18951
Lot/ Land Details
Road Surface Paved
We are not permitted to show value estimates for this property.
  • Nov 2021
    mls logo MLS # 21056801
  • Nov 2, 2021 Sold
    $390,000 (-8.7%)
  • Aug 21, 2021 Pending
    —
  • Aug 2, 2021 Price Change
    $427,000 (-2.9%)
  • Jun 30, 2021 Listed
    $439,900
  • 773 N Cloverleaf Loop
    $390K
  • Gateway
    $350K +1% y/y
  • 97477
    $447K +6% y/y
  • Springfield
    $459K -1% y/y
No chart available
Statistics calculated by Movoto

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3/10
Guy Lee Elementary School
public Grades K-5
Springfield School District 19
2/10
Hamlin 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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