608 4th St, Springfield, OR 97477
Local realty services provided by:ERA Freeman & Associates, Realtors
608 4th St,Springfield, OR 97477
$699,000
- - Beds
- - Baths
- 1,792 sq. ft.
- Multi-family
- Active
Listed by: renee swartz
Office: re/max integrity541-345-8100
MLS#:479826573
Source:PORTLAND
Price summary
- Price:$699,000
- Price per sq. ft.:$390.07
About this home
Outstanding investment opportunity in the heart of Springfield's desirable Washburne District. Situated on a corner lot with alley access, this well-maintained fourplex offers excellent income potential with the added possibility of future development. The City has indicated there may be room to build a duplex on the west side of the property; buyers are encouraged to perform their own due diligence regarding development potential.The property consists of four one-bedroom, one-bath units, each featuring a living room and kitchen. One of the four units have been substantially updated, with Unit 1 receiving a beautiful, complete remodel that includes red oak hardwood floors, granite countertops, all-new appliances, new electrical, and a new sink and toilet. Unit 2 features new flooring, appliances, windows, base cabinets, and countertops. Unit 3 has new laminate flooring and carpet, while Unit 4 offers red oak hardwood floors and vinyl windows.Additional improvements include a new roof installed in 2023, vinyl windows, a new water heater, and a shared laundry room with a new coin-operated washer and dryer. Tenants also enjoy abundant off-street concrete parking and the convenience of a Level 2 electric vehicle charger. The property is zoned Medium Density Residential, offering excellent long-term investment potential. Shown by accepted offer only.Seller pays $70 per month for exterminator, $23 gas, $36 electric, $100 gardener, $125 maid service for common areas. Laundry income is $70 per month....
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Home facts
- Year built:1910
- Subdivision & Development:WASHBURNE HISTORIC DISTRICT
- Listing ID #:479826573
- Added:60 day(s) ago
- Updated:September 06, 2026 at 11:43 AM
Rooms and interior
- Basement Description:Crawl Space
- Living area:1,792 sq. ft.
Heating and cooling
- Heating:Baseboard
Structure and exterior
- Roof:Composition
- Year built:1910
- Building area:1,792 sq. ft.
- Lot area:0.24 Acres
- Lot Features:Corner Lot, Level
- Foundation Description:Concrete Perimeter
- Levels:2 Stories
Schools
- High school:Springfield
- Middle school:Hamlin
- Elementary school:Two Rivers
Utilities
- Water:Public Water
- Sewer:Public Sewer
Finances and disclosures
- Price:$699,000
- Price per sq. ft.:$390.07
- Tax amount:$2,855 (2025)
Parking
- Parking description:Paved
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