455 S 38th St, Springfield, OR 97478

Local realty services provided by:ERA Freeman & Associates, Realtors
455 S 38th St,Springfield, OR 97478
$500,000
  • - Beds
  • - Baths
  • 1,500 sq. ft.
  • Multi-family
  • Active
Listed by: tim duncan
Office: tim duncan real estate
MLS#:236528166
Source:PORTLAND

Price summary

  • Price:$500,000
  • Price per sq. ft.:$333.33

About this home

DO NOT DISTURB TENANTS. Turn key multi family property in the heart of Springfield ready to cash flow for the next owner. Sellers have completed extensive remodel in 2023 which included: New roof, int/ext paint, flooring, electrical, plumbing, heating & AC, crawlspace insulation & vapor guard, new attic insulation, bathrooms, kitchens, ect. Front house rents for $1,795, apartment over garage rents for $1,295 & is eligible for increase. Both units are M2M. House tenant moved in 12/2025. Property is likely eligible for 1-4 more units, buyer to verify with city. LOW taxes! Sellers are licensed realtors in Oregon.

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Home facts

  • Year built:1942
  • Listing ID #:236528166
  • Added:4 day(s) ago
  • Updated:December 18, 2025 at 12:13 PM

Rooms and interior

  • Living area:1,500 sq. ft.

Heating and cooling

  • Heating:Ductless

Structure and exterior

  • Roof:Composition
  • Year built:1942
  • Building area:1,500 sq. ft.
  • Lot area:0.18 Acres

Schools

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

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$500,000
  • Price per sq. ft.:$333.33
  • Tax amount:$2,801 (2025)
MLS LogoAll information provided is deemed reliable but is not guaranteed and should be independently verified. The 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 brokerage firms other than ERA Freeman & Associates, Realtors are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright 2025 RMLS, Portland, Oregon. Last updated: December 18, 2025

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