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Pending
  • $460,000

    275 S 40th Pl, Springfield, OR 97478

    4beds
    2,076sqft
    : 
    Multi Family
    Built in 1976
    -- sqft lot
    $461,700 Zestimate®
    $222/sqft
    $-- HOA

    What's special

    Deep one-car garagesQuiet cul-de-sacVaulted ceilingsSpacious upstairs bedrooms
    Investor Alert: Duplex's two units are being sold together. Welcome to 275/273 S. 40th Pl, a well-maintained duplex nestled in a quiet cul-de-sac in one of Springfield's central neighborhoods. Each unit offers 2 spacious upstairs bedrooms, 1 bathroom upstairs, a half bath downstairs, and approximately 1,038 sq ft of comfortable living space with vaulted ceilings in the living rooms. The property features deep one-car garages with washer/dryer hookups (laundry appliances not included) and fully fenced, generously sized backyards—perfect for outdoor activities. One unit (275) has been updated with newer flooring and a refreshed kitchen, adding modern appeal. Whether you're looking to live in one unit and rent the other or expand your investment portfolio, this property provides excellent income potential, with current long-term tenants renting on a month-to-month basis. Conveniently located just minutes from schools, parks, bike paths, shopping, and downtown Springfield, with easy access to major highways. Enjoy the charm and lifestyle of the Willamette Valley while making a smart, versatile investment. Don't miss out on this exceptional duplex—schedule your showing today! 24-hour advance scheduling is in place. PLEASE DO NOT DISTURB TENANTS
    15 days
    on Zillow
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    363
    |
    18
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    Zillow last checked: 7 hours ago

    Listing updated: June 03, 2025 at 07:12am

    Listed by:

    Dave Lacy 541-747-9971,

    Valley Real Estate

    Source: RMLS (OR),MLS#: 677190226MLS Logo
    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 2
    • Partial bathrooms: 2
    Heating
    • Forced Air, Fireplace(s)
    Cooling
    • Air Conditioning Ready
    Appliances
    • Included: Dishwasher, Range, Refrigerator, Electric Water Heater
    Features
    • Basement: Crawl Space,Exterior Entry
    Interior area
    • Total structure area: 2,076
    • Total interior livable area: 2,076 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Driveway, Garage
    • Garage spaces: 2
    • Has uncovered spaces: Yes
    Features
    • Stories: 2
    • Has view: Yes
    • View description: Seasonal
    Lot
    • Size: 7,840.8 Square Feet
    • Features: Cul-De-Sac, Level, Trees, SqFt 7000 to 9999
    Details
    • Parcel number: 1181195
    • Zoning: R2

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Plywood, T111 Siding
    • Foundation: Concrete Perimeter
    • Roof: Composition
    Condition
    • Approximately
    • Year built: 1976

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Connected

    Community & HOA

    Community
    • Security: Security Lights
    HOA
    • Has HOA: No
    Location
    • Region: Springfield

    Financial & listing details

    • Price per square foot: $222/sqft
    • Annual tax amount: $3,975
    • Date on market: 5/28/2025
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Total actual rent: 2080
    • Road surface type: Paved
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