Excellent opportunity for an investment purchase with leased units, and value-add opportunity. These 2-bedroom units rarely have vacancies; superb location, close to schools, parks, and shopping. Property is in average condition, but does have some value at opportunities for increased future rents. One car garage attached to both units with fenced backyard. Property is under professional management with longtime Tenant.
Sold
$390,000
4137/4139 Bluebelle Way, Springfield, OR 97478
4beds
1,820sqft
Multi Family
Built in 1974
-- sqft lot
$390,100 Zestimate®
$214/sqft
$1,632 Estimated rent
Home value
$390,100
$371,000 - $410,000
$1,632/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: February 03, 2026 at 04:52am
Listed by:
Brent Cole 541-556-5093,
Triple Oaks Realty LLC
Bought with:
Jodie Vanderbeck, 200412066
Hybrid Real Estate
Source: RMLS (OR),MLS#: 779610423
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Baseboard
Cooling
- None
Appliances
- Included: Electric Water Heater
Features
- Basement: None
Interior area
- Total structure area: 1,820
- Total interior livable area: 1,820 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage
- Garage spaces: 2
Features
- Stories: 1
Lot
- Size: 7,405 sqft
- Features: Level, SqFt 7000 to 9999
Details
- Parcel number: 1099322
- Zoning: R2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Siding
- Foundation: Slab
- Roof: Composition
Condition
- Year built: 1974
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected
Community & neighborhood
Location
- Region: Springfield
HOA & financial
Other financial information
- Total actual rent: 2710
Other
Other facts
- Listing terms: Cash,Conventional
- Road surface type: Concrete
Price history
| Date | Event | Price |
|---|---|---|
| 2/3/2026 | Sold | $390,000-2.3%$214/sqft |
Source:  RMLS (OR) #779610423 Report a problem | ||
| 12/21/2025 | Pending sale | $399,000$219/sqft |
Source: RMLS (OR) #779610423 Report a problem | ||
| 12/8/2025 | Price change | $399,000-1.5%$219/sqft |
Source: RMLS (OR) #779610423 Report a problem | ||
| 12/7/2025 | Pending sale | $405,000$223/sqft |
Source: RMLS (OR) #779610423 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 97478
Nearby schools
GreatSchools rating
- 8/10Douglas Gardens Elementary SchoolGrades: K-5Distance: 0.7 mi
- 6/10Agnes Stewart Middle SchoolGrades: 6-8Distance: 1 mi
- 4/10Springfield High SchoolGrades: 9-12Distance: 2.6 mi
Schools provided by the listing agent
- Elementary: Douglas Gardens
- Middle: Agnes Stewart
- 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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$390,100
2% more
+$7,802
With Zillow Showcase(estimated)
$397,902