993 N CLOVERLEAF LOOP, Springfield, OR 97477

  • $475,000

Overview

  • 2.0
    Car Garage
  • 1977
    Year Built
  • MultiFamily
    Property Type
  • 350046692
    MLS#
  • 0.17 Acres
    Land Area
  • Coldwell Banker Professional
    Office Name
  • Tim Kaelin
    Agent Name

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
  • Price $475,000
  • Land Area 0.17 Acres
  • Car Garage 2.0
  • Garage Size x x
  • Year Built 1977
  • Property Type MultiFamily
  • Property Status Active
  • Office Name Coldwell Banker Professional
  • Agent Name Tim Kaelin
  • Office Phone 503-538-0468

Additional details

  • Listing Terms Cash, Conventional, FHA, VALoan
  • Roof Composition
  • Sewer Public Sewer
  • Cooling Window Unit
  • Heating Zoned
  • County Lane
  • Property Type MultiFamily
  • Parking Driveway, Garage
  • Elementary School Guy Lee
  • Middle School Hamlin
  • High School Springfield

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