Movoto Real Estate
Sold on 08/01/2025
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41184120 S E St, Springfield, OR 97478

  • $520,000

    Last sold 08/01/2025 after 42 Days

  • bed

  • bath

  • 2,966

    Sqft ($175/Sqft)

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

About 41184120 S E St

Property type Multi-family
Neighborhood
Year built 1997
HOA fee $0/month
Lot size 6,969 Sqft
Parking 2 garage spaces
Rental estimate
Property description
Finally, a duplex that has been well maintained and updated over the years delivering appropriate market rental figures each month! No outdated long-term tenant lease agreements to contend with here in order to make it pencil. This duplex provides desirable, large units with 3 bedrooms, 2.5 bathrooms and a one car garage each. Plenty of driveway parking, in-unit washer and dryer connections and private backyards with covered patios make these units attractive and comfortable for tenants. The roof was replaced in 2023 and the exterior was repainted within the last five years. A pre-listing inspection has been completed, ask your Realtor for a copy and buy with confidence! Whether you're looking for your first investment property, expanding your existing portfolio or dreaming of a place you can eventually move into while renting the other side for income - this is an excellent opportunity. Current tenants pay all of their own utilities and are responsible for yard maintenance.
Listed by
Listing Agent - Katie Colter
Listing Office - Colter Home Co.
Source: RMLS mls logo
MLS#168288102 • last updated 9 months ago
Movoto checked RMLS for data 2 minutes ago
Overview
Cooling/AC Window Unit(s)
Heating Wall Heater
MLS # 168288102
Type Multi Family
Status Sold
Lot Size (SqFt) 6969
Lot Size (Acres) 0.16
Property Tax 6809.69
Year Built 1997
Exterior
Roof Composition
# Parking Spaces 2
# Garage Spaces 2
Exterior Features CementSiding, LapSiding
Lot Desc Level
Amenities / Utilities
Hot Water Electricity
Sewer/ Septic Public Sewer
Water Source Public Water
Location
County Lane
Area 249 - Lane Co: Springfield
Elementary School Douglas Gardens
Middle School Agnes Stewart
High School Springfield
Zoning R2
Directions From Main St, South On S 41st, Left Onto S E St, Duplex On Left
APN 1582087
Multifamily Details
Unit Type 1: # Bedrooms 3
Unit Type 1 : Total Baths 3
Unit Type 2: # Bedrooms 3
Unit Type 2: Total Baths 3
Unit Type 1: Rent 1795
Unit Type 2: Rent 1895
Total # of Units 2
Gross Rent Multiplier 12.42
Net Operating Income 39852
Operating Expense 6810
Gross Income 44280
Cap Rate 7.25
Lot/ Land Details
Road Surface Paved
We are not permitted to show value estimates for this property.
  • Aug 2025
    mls logo MLS # 168288102
  • Aug 1, 2025 Pending
  • Jul 15, 2025 Price Change
    $550,000 (-4.3%)
  • Jun 20, 2025 Listed
    $575,000
  • 41184120 S E St
    $520K
  • Mid-Springfield
    $332K -11% y/y
  • 97478
    $475K -3% y/y
  • Springfield
    $455K -2% 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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