157 40th St, Springfield, OR 97478
Local realty services provided by:Knipe Realty ERA Powered
157 40th St,Springfield, OR 97478
$700,000
- - Beds
- - Baths
- 4,704 sq. ft.
- Multi-family
- Pending
Listed by: sandra boyst
Office: icon real estate group
MLS#:239958980
Source:PORTLAND
Price summary
- Price:$700,000
- Price per sq. ft.:$148.81
About this home
Beautifully Maintained 4-Plex in Highly Desirable Thurston NeighborhoodExcellent investment opportunity in one of Springfield’s most sought-after areas. Each townhouse-style unit offers two bedrooms and one full bath upstairs, plus a convenient half bath on the main level. The floor plan features spacious living areas, washer and dryer hookups in each private garage, and large yards — a rare find for multifamily living.These properties have a strong, long-term rental history with consistent tenant demand. The exterior was recently painted, and the current owners have cared for and maintained the property for over 20 years. This is a well-preserved and stable investment in a prime location close to schools, parks, shopping, and easy freeway access.
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Home facts
- Year built:1973
- Listing ID #:239958980
- Added:8 day(s) ago
- Updated:November 13, 2025 at 08:45 AM
Rooms and interior
- Living area:4,704 sq. ft.
Heating and cooling
- Heating:Zoned
Structure and exterior
- Roof:Composition
- Year built:1973
- Building area:4,704 sq. ft.
- Lot area:0.31 Acres
Schools
- High school:Thurston
- Middle school:Briggs
- Elementary school:Riverbend
Utilities
- Water:Public Water
- Sewer:Public Sewer
Finances and disclosures
- Price:$700,000
- Price per sq. ft.:$148.81
- Tax amount:$5,710 (2024)
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