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Carrie Warlaumont

carriewarlaumont@epique.me +1(503) 803-3812

Listed by Coldwell Banker Professional

$ 475,000

Est. payment | -/mo

7,405 Sqft Lot

Save

$ 475,000

Est. payment | -/mo

Save

7,405 Sqft Lot

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 350046692

Year Built 1977

Annual Tax Amount $3,784

Tax Year 2025

Lot Size 7,405 Sqft

Property 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.

Location

State OR

County Lane

Area _232

Zoning MD

Rooms

Basement Crawl Space

Interior

Heating Zoned

Cooling Window Unit

Exterior

Garage Spaces 2.0

View City, Seasonal

Roof Type Composition

Garage No

Building

Lot Description Level

Story 2

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public Water

Level or Stories 2

Schools

Elementary Schools Guy Lee

Middle Schools Hamlin

High Schools Springfield

Others

Acceptable Financing Cash, Conventional, FHA, VALoan

Listing Terms Cash, Conventional, FHA, VALoan

Regional Multiple Listing Service (RMLS)

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(503) 803-3812

carriewarlaumont@epique.me

1026 SW Greenburg Rd Fl 4, Portland, OR 97223

993 N CLOVERLEAF LOOP Springfield, OR 97477