Great opportunity to purchase a turnkey 4-Plex in the heart of Springfield. Live in one unit & rent out the rests or add this great property to your investment portfolio. Lots of valuable updates including a brand new roof, new gutters, updated interior features & more! Each unit features two bedrooms & one bathroom. With plenty of room for parking for each unit. Both 349 40th 351 40th are available. Listed separately. Please do not disturb the tenants. Shown by appointment only! Only the vacant units are available to tour, with the remaining to be shown after an accepted offer. Call you broker today to arrange a private tour. Rental records available upon request!
Sold
$665,000
349 40th St, Springfield, OR 97478
8beds
2,640sqft
Multi Family
Built in 1992
-- sqft lot
$665,100 Zestimate®
$252/sqft
$1,984 Estimated rent
Home value
$665,100
$625,000 - $705,000
$1,984/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: November 15, 2025 at 04:05pm
Listed by:
Jesse Haffly 541-514-7583,
eXp Realty LLC,
Izabell Senters 541-520-7241,
eXp Realty LLC
Bought with:
Shane Mast, 201204048
Oregon Life Homes
Source: RMLS (OR),MLS#: 775360815
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Zoned
Cooling
- Window Unit(s)
Appliances
- Included: Range, Refrigerator, Electric Water Heater
Features
- Storage
- Basement: None
Interior area
- Total structure area: 2,640
- Total interior livable area: 2,640 sqft
Property
Parking
- Total spaces: 10
- Parking features: Paved
Features
- Stories: 1
Lot
- Size: 8,712 sqft
- Features: SqFt 7000 to 9999
Details
- Parcel number: 1479136
- Zoning: R2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Siding
- Foundation: Slab
- Roof: Composition
Condition
- Updated/Remodeled
- Year built: 1992
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Springfield
HOA & financial
Other financial information
- Total actual rent: 3919
Other
Other facts
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 11/14/2025 | Sold | $665,000-5%$252/sqft |
Source:  RMLS (OR) #775360815 | ||
| 9/26/2025 | Pending sale | $699,900$265/sqft |
Source: RMLS (OR) #775360815 | ||
| 9/19/2025 | Listed for sale | $699,900+43.9%$265/sqft |
Source: RMLS (OR) #775360815 | ||
| 8/2/2024 | Sold | $486,500-15.4%$184/sqft |
Source: RMLS (OR) #24175661 | ||
| 5/11/2024 | Pending sale | $575,000$218/sqft |
Source: RMLS (OR) #24175661 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,503 +4.4% | $242,316 +3% |
| 2023 | $4,311 +3.4% | $235,259 +3% |
| 2022 | $4,170 +1.8% | $228,407 +3% |
Find assessor info on the county website
Neighborhood: 97478
Nearby schools
GreatSchools rating
- 2/10Riverbend Elementary SchoolGrades: K-5Distance: 1.2 mi
- 5/10Briggs Middle SchoolGrades: 6-8Distance: 1.9 mi
- 5/10Thurston High SchoolGrades: 9-12Distance: 2.4 mi
Schools provided by the listing agent
- Elementary: Riverbend
- Middle: Briggs
- High: Thurston
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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Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$665,100
2% more+ $13,302
With Zillow Showcase(estimated)
$678,402