BRAND NEW ROOF!!! This fourplex in Springfield’s Hayden Bridge neighborhood includes four 2-bedroom, 1.5-bathroom units with in-unit laundry hookups and designated parking, all currently leased for immediate income. Conveniently positioned with access to shopping, restaurants, and public transit, the property demonstrates consistent rental performance. An adjacent fourplex on the same lot is also offered separately at the same list price, creating a rare opportunity to acquire up to eight total units in one location, with flexibility to purchase individually or together as a package.
Active
Price cut: $36K (10/8)
$699,000
1194 R St, Springfield, OR 97477
8beds
3,604sqft
Est.:
Multi Family
Built in 1982
-- sqft lot
$-- Zestimate®
$194/sqft
$-- HOA
What's special
Designated parkingIn-unit laundry hookupsBrand new roof
- 60 days |
- 282 |
- 13 |
Zillow last checked: 8 hours ago
Listing updated: October 17, 2025 at 09:07am
Listed by:
Joshua Glaspie ICON@TheICONREGroup.com,
ICON Real Estate Group
Source: RMLS (OR),MLS#: 480520678
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 8
- Full bathrooms: 4
- Partial bathrooms: 4
Heating
- Ceiling
Cooling
- None
Appliances
- Included: Dishwasher, Refrigerator, Electric Water Heater
Interior area
- Total structure area: 3,604
- Total interior livable area: 3,604 sqft
Property
Parking
- Total spaces: 8
Features
- Stories: 2
Lot
- Size: 10,454.4 Square Feet
- Features: Level, SqFt 10000 to 14999
Details
- Parcel number: 1259884
- Zoning: R2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- T111 Siding
- Roof: Composition
Condition
- Year built: 1982
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Springfield
Financial & listing details
- Price per square foot: $194/sqft
- Tax assessed value: $620,476
- Annual tax amount: $5,925
- Date on market: 9/9/2025
- Listing terms: Cash,Conventional
- Total actual rent: 4620
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 10/17/2025 | Listed for sale | $699,000$194/sqft |
Source: | ||
| 10/10/2025 | Pending sale | $699,000$194/sqft |
Source: | ||
| 10/8/2025 | Price change | $699,000-4.9%$194/sqft |
Source: | ||
| 9/9/2025 | Listed for sale | $735,000+190.5%$204/sqft |
Source: | ||
| 12/8/2010 | Sold | $253,000+29.7%$70/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $6,108 +4.4% | $328,730 +3% |
| 2023 | $5,849 +3.4% | $319,156 +3% |
| 2022 | $5,657 +1.8% | $309,861 +3% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$4,083/mo
Principal & interest
$3378
Property taxes
$460
Home insurance
$245
Climate risks
Neighborhood: 97477
Nearby schools
GreatSchools rating
- 4/10Elizabeth Page Elementary SchoolGrades: K-5Distance: 0.4 mi
- 5/10Briggs Middle SchoolGrades: 6-8Distance: 1 mi
- 4/10Springfield High SchoolGrades: 9-12Distance: 0.8 mi
Schools provided by the listing agent
- Elementary: Page
- Middle: Briggs
- High: Springfield
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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