Overview
- 2.0
- 1977
- MultiFamily
- 350046692
- 0.17 Acres
- Coldwell Banker Professional
- Tim Kaelin
Description
Turnkey investment opportunity in a prime Springfield location! Ideally situated within walking distance of Gateway Mall with quick and convenient access to I-5, this fully occupied duplex offers strong rental performance and an attractive 6.16% cap rate. Each spacious unit features 2 bedrooms, 1.5 bathrooms, and approximately 986 square feet of comfortable living space. Both units include an attached one-car garage, plus long driveways providing ample additional off-street parking. Each side also enjoys its own private fenced backyard, with additional land extending beyond the fenced areas. With a strong occupancy history, solid market rents, and tenants responsible for all utilities, this property is positioned as a low-maintenance addition to an investment portfolio. The functional layouts, individual garages, private outdoor spaces, and convenient location help support long-term tenant appeal and rental demand. Excellent proximity to shopping, dining, services, and major transportation routes makes this an attractive rental location in the Eugene-Springfield market. Property is fully occupied. Please do not disturb tenants. Contact your agent for additional information, rental details, and showing instructions.
Details
Updated on September 10, 2026 at 8:34 pm-
MLS# 350046692
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Price $475,000
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Land Area 0.17 Acres
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Car Garage 2.0
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Garage Size x x
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Year Built 1977
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Property Type MultiFamily
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Property Status Active
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Office Name Coldwell Banker Professional
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Agent Name Tim Kaelin
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Office Phone 503-538-0468
Additional details
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Listing Terms Cash, Conventional, FHA, VALoan
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Roof Composition
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Sewer Public Sewer
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Cooling Window Unit
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Heating Zoned
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County Lane
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Property Type MultiFamily
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Parking Driveway, Garage
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Elementary School Guy Lee
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Middle School Hamlin
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High School Springfield
Walkscore
Mortgage Calculator
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Down Payment
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Contact Information
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