Movoto Real Estate
Sold on 10/11/2023
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806 V St, Springfield, OR 97477

  • $500,000

    Last sold 10/11/2023 after 11 Days

  • bed

  • bath

  • 2,288

    Sqft ($219/Sqft)

Multi-family not for sale
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About 806 V St

Property type Multi-family
Neighborhood
Year built 1974
HOA fee $0/month
Rental estimate
Property description
Presenting an amazing corner lot duplex nestled within the charming Hayden Bridge neighborhood. This property comprises two distinct units: a comfortable 2-bedroom, 1-bath residence, and an inviting 2-bedroom, 2-bath home. Each unit boasts its own fenced private backyard, complete with individual garages for added convenience. Currently, both units are occupied by established tenants, generating a total combined monthly rental income of $2,570. This offering represents an outstanding investment opportunity, perfect for savvy investors looking to expand their portfolio. Alternatively, for those seeking a blend of investment and personal residence, consider the option to owner-occupy one side while renting out the other.Situated in the sought-after Hayden Bridge neighborhood of Springfield, Oregon, this property enjoys proximity to the Gateway Mall in Springfield and Coburg Road in Eugene. The neighborhood's character is defined by a mix of 1970s-built homes and new construction. The northern section of Hayden Bridge, closer to the serene McKenzie River, exudes a delightful country ambiance. Residents are drawn to this area not only for its convenient location but also for its excellent schools, making it a highly desirable area to call home. ***Please do not disturb the tenants.***
Listed by
Listing Agent - Shawn Watson
Listing Office - RE/MAX Northwest
Source: RMLS mls logo
MLS#23154471 • last updated 2 years ago
Movoto checked RMLS for data 1 minute ago
Overview
Cooling/AC None
Heating Wall Furnace
MLS # 23154471
Type Multi Family
Status Sold
Property Tax 4133.33
Year Built 1974
Exterior
Roof Composition
# Parking Spaces 4
Exterior Features Lap Siding
Lot Desc Corner Lot, Level
Amenities / Utilities
Hot Water Electricity
Sewer/ Septic Public Sewer
Water Source Public Water
Location
County Lane
Area 232 - Lane Co: Hayden Bridge
Elementary School Page
Middle School Briggs
High School Springfield
Zoning Duplex
Directions GPS
APN 1075777
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 1175
Unit Type 2: Rent 1395
Total # of Units 2
Gross Rent Multiplier 17.09
Net Operating Income 24546
Operating Expense 4134
Gross Income 28680
Cap Rate 5.01
Lot/ Land Details
Road Surface Paved
We are not permitted to show value estimates for this property.
  • Dec 2023
    mls logo MLS # 23154471
  • Dec 1, 2023 Sold
    $500,000
  • Oct 12, 2023 Pending
  • Sep 30, 2023 Listed
    $490,000
  • Dec 2023
    Public Records
  • Dec 1, 2023 Sold
    $500,000 (+2.0%)
  • 806 V St
    $500K
  • Q Street
    $452K +7% y/y
  • 97477
    $444K +3% y/y
  • Springfield
    $475K +5% y/y
No chart available
Statistics calculated by Movoto

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5/10
3/10
Source: GreatSchools.org © 2026. All rights reserved.

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