New roof within the last 2 years. Occupants pay all utilities(water, sewer and garbage). Operating costs 2023 are alot higher than normal due to repairs and remodels. We will show 1 unit and with an accepted offer we will show all units. Also 349 is for sale both on separate tax lots. STRICTLY AS IS, see addendum #1, provided by the seller. NOI is for 2024, 2023 had a lot of remodel/repair.
Sold
$486,500
351 40th St, Springfield, OR 97478
32beds
2,640sqft
Multi Family
Built in 1992
-- sqft lot
$686,200 Zestimate®
$184/sqft
$1,458 Estimated rent
Home value
$686,200
$652,000 - $721,000
$1,458/mo
Zestimate® history
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Zillow last checked: 7 hours ago
Listing updated: August 02, 2024 at 04:59am
Listed by:
Phillip Nielsen 541-968-4558,
Keystone Real Estate,
Stephen Nielsen 541-521-0610,
Keystone Real Estate
Bought with:
Jesse Haffly, 201221936
eXp Realty LLC
Source: RMLS (OR),MLS#: 24433847
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 32
- Bathrooms: 16
- Full bathrooms: 16
Heating
- Baseboard
Cooling
- None
Appliances
- Included: Range, Refrigerator, Electric Water Heater
- Laundry: Washer Dryer Hookup
Interior area
- Total structure area: 2,640
- Total interior livable area: 2,640 sqft
Property
Parking
- Total spaces: 4
Features
- Stories: 1
Lot
- Size: 9,147 sqft
- Features: Level, SqFt 7000 to 9999
Details
- Parcel number: 1479128
- Zoning: MDR
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- T111 Siding
- Foundation: Slab
- Roof: Composition
Condition
- Approximately
- Year built: 1992
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Springfield
HOA & financial
Other financial information
- Total actual rent: 13680
Other
Other facts
- Listing terms: Cash,Conventional
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 3/19/2026 | Listing removed | $699,900$265/sqft |
Source: eXp Realty #144821392 Report a problem | ||
| 12/16/2025 | Listed for sale | $699,900+43.9%$265/sqft |
Source: eXp Realty #144821392 Report a problem | ||
| 8/2/2024 | Sold | $486,500-15.4%$184/sqft |
Source:  RMLS (OR) #24433847 Report a problem | ||
| 5/11/2024 | Pending sale | $575,000$218/sqft |
Source: RMLS (OR) #24433847 Report a problem | ||
| 4/19/2024 | Listed for sale | $575,000-7.3%$218/sqft |
Source: RMLS (OR) #24433847 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,598 +1.6% | $250,737 +3% |
| 2024 | $4,523 +4.4% | $243,434 +3% |
| 2023 | $4,331 +3.4% | $236,344 +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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$686,200
2% more
+$13,724
With Zillow Showcase(estimated)
$699,924
- Oregon
- Lane County
- Springfield
- 97478
- 351 40th St