231 S 40th St, Springfield, OR 97478

Local realty services provided by:Columbia River Realty ERA Powered
231 S 40th St,Springfield, OR 97478
$599,000
  • - Beds
  • - Baths
  • 3,158 sq. ft.
  • Multi-family
  • Pending
Listed by:shelly iverson
Office:joi real estate
MLS#:163907285
Source:PORTLAND

Price summary

  • Price:$599,000
  • Price per sq. ft.:$189.68

About this home

New To Market!-Prime Investment Opportunity! This well-maintained quadplex in Springfield is just off Main Street and sits on a spacious lot with private parking-2 spots per unit. Property features include: Three 2 bed/1 bath units & One 3 bed/1 bath unit, shared laundry on the first floor and a history of low to no vacancy. Perfect for seasoned investors or those looking to grow their portfolio with a solid, income-generating property.

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Home facts

  • Year built:1973
  • Listing Id #:163907285
  • Added:14 day(s) ago
  • Updated:August 14, 2025 at 07:17 AM

Rooms and interior

  • Living area:3,158 sq. ft.

Heating and cooling

  • Heating:Ceiling

Structure and exterior

  • Roof:Composition
  • Year built:1973
  • Building area:3,158 sq. ft.
  • Lot area:0.23 Acres

Schools

  • High school:Springfield
  • Middle school:Agnes Stewart
  • Elementary school:Douglas Gardens

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$599,000
  • Price per sq. ft.:$189.68
  • Tax amount:$5,233 (2024)
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