1340/1342 Q ST, Springfield, OR 97477 | MLS #555931783 | Berkshire Hathaway HomeServices Real Estate Professionals
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Listing provided courtesy of ICON Real Estate Group- MLS# 555931783MLS ProviderContact Information: [email protected]

1340/1342 Q STSpringfield, OR 97477

Multi-Family · 2,145 Sq. ft. | 0.20 Acres
$499,900 Active

1340/1342 Q ST Overview

Time on Site:
56 days
Visits:
0

Fully renovated duplex offering strong investment potential! Each unit features 3 bedrooms, 1.5 bathroom, and an attached garage, with both units currently fully occupied for immediate income. Unit 1340 was fully updated in April 2025, while Unit 1342 was renovated around 2021.Upgrades include new cabinets, windows, doors, and carpet, along with durable luxury vinyl plank flooring in the kitchens and bathrooms. Each unit is equipped with a built-in dishwasher, freestanding refrigerator, range, and washer/dryer hookups.Located in a quiet cul-de-sac near shopping, dining, and everyday amenities, this is a turn-key, low-maintenance investment in a highly convenient location.Please do not disturb tenants. Showings subject to Oregon tenant laws. ***Both units have a lease through March 31 2027*** SHOWINGS ARE LIMITED

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1340/1342 Q ST Facts & Features

  • Type Multi-Family
  • Sq. ft. 2,145
  • Price/Sq.ft. $233
  • Lot 0.20 Acres

Details

General

School Information

  • Elementary School: Page
  • Middle Or Junior School: Briggs
  • High School: Springfield

Income/Expenses

  • Gross Income: 39792.0
  • Net Operating Income: 33040.0
  • Operating Expense: 6752.0

Building Information

  • Year Built: 1977

Location/Region

  • Country: US
  • County Or Parish: Lane
  • MLS Area Major: 249 - Lane Co: Springfield

Rent/Lease Information

  • Rent Includes: None

Tax Information

  • Tax Annual Amount: 4322.41
  • Tax Year: 2025

General Information

  • Disclosures: Disclosure
  • Listing Terms: Cash,Conventional,FHA,VA Loan
  • Parcel Number: 1155272
  • Property Condition: Existing
  • Property Type: Multi Family
  • Zoning: R2

Interior

Parking Information

  • Garage Spaces: 2.0

Building Interior

  • Building Area Total: 2145.0

General Information

  • Basement: Crawl Space
  • Cooling: None
  • Foundation Details: Concrete Perimeter
  • Heating: Zoned
  • Stories: 2

Exterior

Parking Information

  • Parking Features: Driveway,Garage

Lot Information

  • Lot Features: Cul-de-sac
  • Lot Size Acres: 0.2
  • Lot Size Square Feet: 8712.0
  • Road Surface Type: Paved
  • Water Source: Public Water

Building Exterior/Construction

  • Roof: Composition

General Information

  • Number Of Units Total: 2
  • Sewer: Public Sewer

1340/1342 Q ST Neighborhood

Community

97477 (SPRINGFIELD) Demographics

39
Median Age
3,000
Population Density (per sq. mile)
33%
College Educated
$48,644
Estimated Median Income
8,164
Estimated Total Home Owners
8,030
Estimated Total Renters
50% / 50%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1340/1342 Q ST Monthly Cost

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Greg Bowyer
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1340/1342 Q ST Market Data

Based on the last 30 days in this zip code

$402,404
Average List Price
$266
Average Price per Square Foot
31
Properties Sold
61
Average Days on Market
109
Properties for Sale
Calculations provided by Reliance Network

1340/1342 Q ST History

Date Event Value Agent
5/5/2026Source: Regional MLS Added to Database
May 05, 2026