Best Duplex Value in Lane County — Now Under $500K!Priced at $499,900, this Springfield duplex is offered As-Is and priced for a quick sale and close. It delivers strong income with long-term upside on a desirable corner lot. Each unit is a 2 bed/1 bath featuring updated kitchens and baths (2020 & 2022), indoor laundry, and private garages. The exterior was freshly painted in 2024, making this a turnkey, low-maintenance property.Both tenants are on month-to-month leases with professional management, producing reliable income today and offering flexibility for an owner-occupant. Current rents total ~$3,200+/month, giving investors nearly a 6% cap rate at the new price point.The property offers large front and oversized side yards, RV parking, and room for future additions or an ADU (buyer to verify). This combination of condition, cash flow, and expansion potential makes it one of the strongest duplex opportunities in the county. Conveniently located near schools, shopping, parks, and freeway access, this duplex offers both stability and growth potential. Whether you’re a seasoned investor or a buyer looking to live in one unit while renting the other, this is a rare value.Seller is a Licensed Broker in the State of Oregon.
Sold
$499,900
495 52nd St, Springfield, OR 97478
4beds
1,600sqft
Multi Family
Built in 1975
-- sqft lot
$500,500 Zestimate®
$312/sqft
$1,734 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: October 22, 2025 at 11:12pm
Listed by:
Amanda Hanson 541-461-2222,
Assist 2 Sell-Buyers & Sellers
Bought with:
Brent Cole, 200607178
Triple Oaks Realty LLC
Source: RMLS (OR),MLS#: 673727097
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Ceiling, Ductless
Cooling
- Wall Unit(s), Air Conditioning
Appliances
- Included: Dishwasher, Refrigerator, Electric Water Heater
- Laundry: Washer Dryer Hookup
Features
- Basement: Crawl Space
- Attic: Storage
Interior area
- Total structure area: 1,600
- Total interior livable area: 1,600 sqft
Property
Parking
- Total spaces: 4
- Parking features: Driveway, Garage
- Garage spaces: 2
- Has uncovered spaces: Yes
Features
- Stories: 1
- Has view: Yes
- View description: Mountain(s), Trees/Woods
Lot
- Size: 8,712 sqft
- Features: Corner Lot, Trees, SqFt 7000 to 9999
Details
- Parcel number: 1069309
- Zoning: R-1
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Siding
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Approximately
- Year built: 1975
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Security
- Security features: Security Lights
Location
- Region: Springfield
HOA & financial
Other financial information
- Total actual rent: 3215
Other
Other facts
- Listing terms: Cash,Conventional,FHA,VA Loan
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$500,500
2% more+$10,010
With Zillow Showcase(estimated)$510,510