Bought with Non Rmls Broker
$711,000
$700,000
1.6%For more information regarding the value of a property, please contact us for a free consultation.
157 40TH ST Springfield, OR 97478
4,704 SqFt
Key Details
Sold Price $711,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,704 sqft
Price per Sqft $151
MLS Listing ID 239958980
Sold Date 12/22/25
Year Built 1973
Annual Tax Amount $5,709
Tax Year 2024
Lot Size 0.310 Acres
Property Description
4-Plex in Highly Desirable Thurston NeighborhoodExcellent investment opportunity in one of Springfield's most sought-after areas. Each townhouse-style unit offers two bedrooms and one full bath upstairs, plus a convenient half bath on the main level. The floor plan features spacious living areas, washer and dryer hookups in each private garage, and large yards — a rare find for multifamily living.These properties have a strong, long-term rental history with consistent tenant demand. The exterior was recently painted, and the current owners have cared for and maintained the property for over 20 years. This is a well-preserved and stable investment in a prime location close to schools, parks, shopping, and easy freeway access. New exterior photos and interior photos of vacant unit coming soon.!!!!
Location
State OR
County Lane
Area _249
Zoning R-2
Rooms
Basement Crawl Space
Interior
Heating Zoned
Cooling None
Exterior
Garage Spaces 4.0
Roof Type Composition
Garage No
Building
Story 2
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public Water
Level or Stories 2
Schools
Elementary Schools Riverbend
Middle Schools Briggs
High Schools Thurston
Others
Acceptable Financing Cash, Conventional, FHA, VALoan
Listing Terms Cash, Conventional, FHA, VALoan
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