Springfield, OR 97478,157 40TH ST
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Listed by ICON Real Estate Group • ICON@TheICONREGroup.com
$700,000
Est. payment /mo
4,704 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Listing Status Pending

Purchase Type For Sale

Square Footage 4,704 sqft

Price per Sqft $148

MLS Listing ID 239958980

Year Built 1973

Annual Tax Amount $5,709

Tax Year 2024

Lot Size 0.310 Acres

Property Description

Beautifully Maintained 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.

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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Regional Multiple Listing Service (RMLS)
MORE Realty

+1(877) 344-6673

info@morerealty.com

16037 SW Upper Boones Ferry Rd Suite 150, Tigard, OR, 97224

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157 40TH ST