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Sold on 08/08/2024
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997 Cloverleaf, Springfield, OR 97477

  • $384,500

    Last sold 08/08/2024 after 27 Days

  • —

    bed

  • —

    bath

  • 1,728

    Sqft ($223/Sqft)

Multi-family not for sale
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About 997 Cloverleaf

Property type Multi-family
Neighborhood
Year built 1977
HOA fee $0/month
Lot size 7,405 Sqft
Parking 2 garage spaces
Rental estimate
Property description
Great 1 level duplex on the corner of Oakdale and Cloverleaf loop featuring 2 bedrooms and 1 bath per side. Convenient location and durable income at $1250 & $995. Do not disturb the tenants.
Listed by
Listing Agent - Michael Sims
Listing Agent Contact: 541-345-8100
Listing Office - RE/MAX Integrity
Source: RMLS mls logo
MLS#24056281 • last updated 1 year ago
Movoto checked RMLS for data 3 minutes ago
Overview
Cooling/AC None
Heating Ceiling
MLS # 24056281
Type Multi Family
Status Sold
Lot Size (SqFt) 7405
Lot Size (Acres) 0.17
Property Tax 3818.53
Year Built 1977
Exterior
Roof Composition
# Parking Spaces 2
# Garage Spaces 2
Exterior Features Board & Batten Siding
Lot Desc Corner Lot
Amenities / Utilities
Hot Water Electricity
Sewer/ Septic Public Sewer
Water Source Public Water
Location
County Lane
Area 232 - Lane Co: Hayden Bridge
Elementary School Guy Lee
Middle School Hamlin
High School Springfield
Zoning MD
Directions Corner Of Oakdale & Cloverleaf Loop
APN 1164753
Multifamily Details
Unit Type 1: # Bedrooms 2
Unit Type 1 : Total Baths 1
Unit Type 2: # Bedrooms 2
Unit Type 2: Total Baths 1
Unit Type 1: Rent 1250
Unit Type 2: Rent 995
Total # of Units 2
Gross Rent Multiplier 14.84
Net Operating Income 26940
Operating Expense 7027
Gross Income 26940
Cap Rate 6.74
Lot/ Land Details
Road Surface Paved
We are not permitted to show value estimates for this property.
  • Oct 2024
    mls logo MLS # 24056281
  • Oct 30, 2024 Sold
    $384,500 (-3.9%)
  • Aug 9, 2024 Pending
    —
  • Jul 12, 2024 Listed
    $399,900
  • 997 Cloverleaf
    $384K
  • Gateway
    $364K +5% y/y
  • 97477
    $440K +4% y/y
  • Springfield
    $455K -2% 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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