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Address Not Disclosed - MLS#24153821, Springfield, OR, 97477

$850,000

Home List Price

$10,000*

Closing Credit

0 Baths
3,392 SqFt
$251/SqFt
House
Schools Nearby

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Address Not Disclosed$850,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingAssigned, Secured
Year Built1994
HeatingWall Furnace
CoolingWindow Unit(s)
MLS #24153821
StatusActive

About This Home

Well maintained 4-plex with private-off street parking and common area for vegetables and flowers. Long term tenants with low vacancy and potential for value add. Large laundry/storage facility that's highest and best use is redevelopment into residential unit(s), buyer to do diligence. Owner managed/maintained leading to a strong Cap rate, great opportunity for buyer to do the same. Very close to bus line, shopping and entertainment which is a strong factor as a successful short term rental. All units updated approximately 5 years ago with new appliances & floor coverings. New roof installed in 2011 with 40 year roof. Do not disturb tenants, write offers subject to viewing. This is the second parcel of 2, parcel one sold in Feb 2024. This parcel has an auxiliary laundry/storage facility on it as well. Owners are licensed real estate agents in the state of Oregon.

Property Details

Property Features

Property Information:

  • Year Built: 1994
  • Stories: 2
  • Living Area: 3,392 SqFt

Listing Office:

  • Office Name: Windermere RE Lane County
  • Office Phone: (541) 905-9266
  • Listing Agent: Alec Armour

Interior Features

Interior Information:

  • Basement: No

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Assigned, Secured

Lot Features

Lot Information:

  • Lot: Cul-de-sac, Level

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: Window Unit(s)

School Info

Assigned Schools Information:

  • Springfield High School, Public District Grades 9-12
  • Briggs Middle School, Public District Grades 6-8
  • Elizabeth Page Elementary School, Public District Grades KG-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $850,000
  • Price Per SqFt: $251/SqFt
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Housing Market Comparison

See how this home compares to others in Springfield, OR.

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Springfield, OR

City

Med. Sold Price

$420.2K

Med. Price/SqFt

$289

Avg. Days On Market

18

# of Sold Homes

35

This property vs Springfield

111 DAYS ON ROCKET

+93 Days

$850,000

+$429.7K More

$251/SqFt

-$39 Less

KEY TAKEAWAY

This property is $429.7K more than the Median Sold Price and $39/SqFt less than other homes in Springfield, OR.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Regional Multiple Listing Service, Inc.
  • MLS Number: #24153821

Listing Office:

  • Office Name: Windermere RE Lane County
  • Office Phone: (541) 905-9266
  • Listing Agent: Alec Armour

IDXThe content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/2/2024, 7:20:38 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Recommended Financing

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4933466
4
/10

  • Elizabeth Page Elementary School

  • 1300 Hayden Bridge Rd

  • 0.40 miles

  • Public District Grades KG-5

Middle School

school-card-donut-4933467
6
/10

  • Briggs Middle School

  • 2355 Yolanda Ave

  • 1.05 miles

  • Public District Grades 6-8

High School

school-card-donut-4933468
2
/10

  • Springfield High School

  • 875 7th St

  • 0.78 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $54,339. Typical income of Springfield, OR residents is between $35k-100k annually. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Oregon›Lane County›Springfield›97477›Address Not Disclosed

This 3,392 square foot home was built in 1994. It has been listed on Rocket Homes since January 12, 2024 and is currently priced at $850,000.

Over 16 listings were sold over their listed price in April 2024 in Springfield, OR. In the same period over 8 listings were sold below the listed price and 11 listings were sold for the listed price. The number of listings in Springfield, OR increased by 8.1% between March 2024 and April 2024. The median list price of listings available in April 2024 was $420,252, while the average time on the real estate market was 18 days.

From Rocket Homes Real Estate and based on county public records data.

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