Listing provided courtesy of eXp Realty LLC- MLS# 705904630
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Request Info351 40TH STSpringfield, OR 97478
Multi-Family · 0.21 Acres$674,900
Active
351 40TH ST Overview
- Time on Site:
- 7 days
- Visits:
- 0
Great opportunity to purchase a turnkey 4-Plex in the heart of Springfield. Live in one unit & rent out the rests or add this great property to your investment portfolio. Lots of valuable updates including a brand new roof, new gutters, updated interior features & more! Each unit features two bedrooms & one bathroom. With plenty of room for parking for each unit. Please do not disturb the tenants. Shown by appointment only! Only the vacant unit is available to tour, with the remaining to be shown after an accepted offer. Call you broker today to arrange a private tour. Rental records available upon request!
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351 40TH ST Facts & Features
- Type Multi-Family
- Lot 0.21 Acres
Details
General
School Information
- Elementary School: Riverbend
- Middle Or Junior School: Briggs
- High School: Thurston
Income/Expenses
- Gross Income: 39576.0
- Gross Scheduled Income: 67200.0
- Net Operating Income: 35052.0
- Operating Expense: 4524.0
Building Information
- Year Built: 1992
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: 4597.89
- Tax Year: 2025
General Information
- Disclosures: Disclosure
- Listing Terms: Cash,Conventional,FHA,VA Loan
- Parcel Number: 1479128
- Property Condition: Updated/Remodeled
- Property Type: Multi Family
- Zoning: R2
Interior
Parking Information
- Garage Spaces: 0
General Information
- Basement: Crawl Space
- Cooling: Window Unit(s)
- Foundation Details: Slab
- Heating: Wall Heater,Zoned
- Security Features: None
- Stories: 1
Exterior
Parking Information
- Parking Features: Off Street,Paved
- Parking Total: 10.0
Lot Information
- Lot Features: Level
- Lot Size Acres: 0.21
- Lot Size Square Feet: 9147.0
- Road Surface Type: Concrete,Paved
- Water Source: Public Water
Building Exterior/Construction
- Roof: Composition
General Information
- Number Of Units Total: 4
- Sewer: Public Sewer
351 40TH ST Neighborhood
Community
97478 (Springfield) Demographics
39
Median Age
246
Population Density (per sq. mile)
30%
College Educated
$64,536
Estimated Median Income
10,370
Estimated Total Home Owners
4,365
Estimated Total Renters
70% / 30%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
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.351 40TH ST Monthly Cost
351 40TH ST Market Data
Based on the last 30 days in this zip code
$544,826
Average List Price
$299
Average Price per Square Foot
41
Properties Sold
83
Average Days on Market
182
Properties for Sale
351 40TH ST History
| Date | Value | Agent |
|---|---|---|
| 6/22/2026Source: Regional MLS | June 22, 2026 |
|
| 8/2/2024Source: Regional MLS | Sold |
|
| 5/11/2024Source: Regional MLS | Pending |
|
| 4/19/2024Source: Regional MLS | April 19, 2024 |