Movoto Real Estate
Search
About Home value Property history Market statistics Schools Neighborhood Places of interest
Sold on 03/14/2005
  • Map Image
  • Map Image
  • Map Image

87851 Cedar Flat Rd, Springfield, OR 97478

  • $830,739

    Last sold 03/14/2005 for $170K

  • —

    bed

  • —

    bath

  • 3,584

    Sqft ($47/Sqft)

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

About 87851 Cedar Flat Rd

Property type Multi-family
Neighborhood
Year built 1997
HOA fee $0/month
Lot size 1.68 Acre
Movoto estimate
Parking 2 garage spaces
Rental estimate
Property description
This multi-family property is located at 87851 Cedar Flat Rd, Springfield, OR, 97478 in Lane County and was built in 1997. The property offers 3,584 square feet of living space on a 73,180 sq ft (1.68-acre) lot. It is served by well water and septic sewer. Parking includes a 2-car garage.
Overview
Cooling/AC Heat Pump
Heating ForcedAir, HeatPump
MLS # 152085967
Type Multi Family
Virtual Tour N/A
Status Active
Lot Size (SqFt) 73180
Lot Size (Acres) 1.68
Property Tax 3202.39
Year Built 1997
Exterior
Roof Composition
# Parking Spaces 2
# Garage Spaces 2
Exterior Features LapSiding, T111Siding
Lot Desc Level, PublicRoad
Amenities / Utilities
Hot Water Electricity
Sewer/ Septic Septic Tank
Water Source Private, Well
Location
View Mountain, Territorial
County Lane
Area 233 - Lane Co: Mc Kenzie Valley
Elementary School Walterville
Middle School Thurston
High School Thurston
Zoning RR5
Directions McKenzie Hwy ~ South On Cedar Flat
APN 1600780
Multifamily Details
Unit Type 1: # Bedrooms 4
Unit Type 1 : Total Baths 2
Unit Type 2: # Bedrooms 5
Unit Type 2: Total Baths 2
Unit Type 1: Rent 2250
Unit Type 2: Rent 2100
Total # of Units 2
Gross Rent Multiplier 15.32
Net Operating Income 48998
Operating Expense 3202
Gross Income 52200
Cap Rate 6.13
Lot/ Land Details
Road Surface Paved
$830K
Range: $747K-$913K
Last 30 days 
Rental est.: $1,594/month
Gross rent multiplier: 8.9 - Good
  • Apr 2026
  • Apr 13, 2026 Delisted
    $799,900
  • Feb 19, 2026 Listed
    $799,900 (+370.5%)
  • Mar 2005
    Public Records
  • Mar 14, 2005 Sold
    $170,000 (-8.1%)
  • Dec 2004
    Public Records
  • Dec 16, 2004 Sold
    $185,000
  • 87851 Cedar Flat Rd
    $170K
  • 233 - Lane Co: Mc Kenzie Valley
    —
  • 97478
    $493K +5% y/y
  • Springfield
    $475K +5% y/y
No chart available
Statistics calculated by Movoto

Thinking of selling? Get a Cash Offer.

  • A smooth, fast sale
  • Skip staging and repairs
  • No strings attached
4/10
Walterville Elementary School
public Grades K-5
Springfield School District 19
5/10
Briggs Middle School
public Grades 6-8
Springfield School District 19
4/10
Thurston High School
public Grades 9-12
Springfield School District 19
Source: GreatSchools.org © 2026. All rights reserved.

Around 233 - Lane Co: Mc Kenzie Valley

Explore everything this neighborhood has to offer.
View homes for sale in 97478, OR
By entering my info and clicking Ask a Question below, I am providing my e-signature and express written consent to receive marketing emails, calls, and texts (including via automatic telephone dialing systems, AI generative, artificial or pre-recorded voice technology) relating to my inquiry from Movoto (and parties calling/messaging on their behalf) even if my number appears on the company, state, or national Do Not Call Registry. You also agree to ourTerms and Conditions and Privacy Policy. Consent not required to receive services (call 1-844-420-1270 to be connected without providing consent).

Nearby recently sold homes in Springfield, OR

Nearby homes for sale in Springfield, OR

Newest listings in 97478

  • Real Estate
  • OR
  • Lane County
  • Springfield
  • 97478
  • 87851 Cedar Flat Rd
Meet with a real estate agent today (844) 430-0869
  • Movoto Logo
  • Download IOS APP Download Android APP
IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information updated every 15 minutes. Terms of use & Privacy Policy, California Privacy Info. Copyright © 2005 - 2026 Movoto, Inc. All rights reserved. Equal Housing Opportunity CalDRE CalDRE #01517281
Movoto Real Estate is committed to ensuring accessibility for individuals with disabilities. We are continuously working to improve the accessibility of our web experience for everyone. We welcome feedback and accommodation requests, please submit them here.
Requests for information regarding mortgage products will be directed to Movoto.com affiliate, Lower, LLC - a licensed Mortgage Lender (NMLS #1124061), or, based on your location, may be redirected to a participating mortgage marketing partner that may pay Lower, LLC for any consumer contact information provided through this site.