455 S 38TH ST, Springfield, OR 97478

  • $525,000
  • $495,000

Overview

  • 1500 Sqft
    Property Size
  • 1942
    Year Built
  • MultiFamily
    Property Type
  • 236528166
    MLS#
  • 0.18 Acres
    Land Area
  • Tim Duncan Real Estate
    Office Name
  • Tim Duncan
    Agent Name

Description

DO NOT DISTURB TENANTS. Turn key multi family property in the heart of Springfield ready to cash flow for the next owner. Sellers have completed extensive remodel in 2023 which included: New roof, int/ext paint, flooring, electrical, plumbing, heating & AC, crawlspace insulation & vapor guard, new attic insulation, bathrooms, kitchens, ect. Front house rents for $1,795, apartment over garage rents for $1,295 & is eligible for increase. Both units are M2M. House tenant moved in 12/2025. Property is likely eligible for 1-4 more units, buyer to verify with city. LOW taxes!

Details

Updated on March 7, 2026 at 8:38 am
  • MLS# 236528166
  • Price $525,000
  • Property Size 1500 Sqft
  • Land Area 0.18 Acres
  • Garage Size x x
  • Year Built 1942
  • Property Type MultiFamily
  • Property Status Active
  • Office Name Tim Duncan Real Estate
  • Agent Name Tim Duncan
  • Office Phone 541-284-3741

Additional details

  • Listing Terms Cash, Conventional, FHA, VALoan
  • Roof Composition
  • Sewer Public Sewer
  • Cooling Mini Split
  • Heating Ductless, Wall Heater
  • County Lane
  • Property Type MultiFamily
  • Parking Driveway
  • Elementary School Douglas Gardens
  • Middle School Agnes Stewart
  • High School Springfield

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