This exceptional fourplex offers a rare combination of well-kept units, strong rental history, and highly sought-after amenities. Each of the four units features 2 bedrooms and 1 bathroom and comes with its own detached garage equipped with an automatic door opener and washer/dryer hookups inside the garage.Two of the units have been tastefully updated, while all have been carefully maintained. The exterior has been freshly painted, giving the property great curb appeal and reducing future maintenance needs. With a proven rental history and an owner who has meticulously cared for the property for approximately 20 years, this is a reliable, low-risk investment.Whether you’re adding to your portfolio or looking for your first multifamily property, this 4-plex checks all the boxes: desirable unit mix, private garages, in-garage laundry hookups, strong occupancy track record, and recent updates.
Sold
$700,000
1015 R St, Springfield, OR 97477
8beds
3,520sqft
Multi Family
Built in 1978
-- sqft lot
$700,100 Zestimate®
$199/sqft
$1,879 Estimated rent
Home value
$700,100
$665,000 - $735,000
$1,879/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: November 07, 2025 at 06:32am
Listed by:
Sandra Boyst ICON@TheICONREGroup.com,
ICON Real Estate Group
Bought with:
Derrick Roser, 201224743
Keller Williams Realty Eugene and Springfield
Source: RMLS (OR),MLS#: 585782863
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Ceiling, Zoned
Cooling
- None
Appliances
- Included: Dishwasher, Range, Refrigerator, Electric Water Heater
- Laundry: Washer Dryer Hookup
Features
- Basement: Crawl Space
Interior area
- Total structure area: 3,520
- Total interior livable area: 3,520 sqft
Property
Parking
- Total spaces: 4
- Parking features: Garage, Garage Door Opener
- Garage spaces: 4
- Has uncovered spaces: Yes
Features
- Stories: 2
Lot
- Size: 10,018 sqft
- Features: Level, SqFt 10000 to 14999
Details
- Parcel number: 1187465
- Zoning: R2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- T111 Siding
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Existing
- Year built: 1978
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Springfield
HOA & financial
Other financial information
- Total actual rent: 5480
Other
Other facts
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 11/7/2025 | Sold | $700,000$199/sqft |
Source:  RMLS (OR) #585782863 | ||
| 10/23/2025 | Pending sale | $700,000+89.2%$199/sqft |
Source: RMLS (OR) #585782863 | ||
| 8/18/2006 | Sold | $370,000+17.6%$105/sqft |
Source: Public Record | ||
| 8/16/2005 | Sold | $314,500$89/sqft |
Source: Public Record | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,716 +1.6% | $366,264 +3% |
| 2024 | $6,608 +4.4% | $355,597 +3% |
| 2023 | $6,327 +3.4% | $345,240 +3% |
Find assessor info on the county website
Neighborhood: 97477
Nearby schools
GreatSchools rating
- 4/10Elizabeth Page Elementary SchoolGrades: K-5Distance: 0.5 mi
- 5/10Briggs Middle SchoolGrades: 6-8Distance: 1.2 mi
- 4/10Springfield High SchoolGrades: 9-12Distance: 0.7 mi
Schools provided by the listing agent
- Elementary: Page
- Middle: Briggs
- 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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$700,100
2% more+ $14,002
With Zillow Showcase(estimated)
$714,102