Well maintained 4-plex with private-off street parking and common area for vegetables and flowers. Long term tenants with low vacancy and potential for value add. Owner managed/maintained leading to a strong Cap rate, great opportunity for buyer to do the same. Very close to bus line, shopping and entertainment which was a strong factor as a successful short term rental. All units updated approximately 5 years ago with new appliances & floor coverings. New roof installed in 2011 with 40 year roof. Owners are licensed real estate agents in the state of Oregon.
Sold
$745,000
1201 R St, Springfield, OR 97477
20beds
3,392sqft
Multi Family
Built in 1994
-- sqft lot
$-- Zestimate®
$220/sqft
$1,774 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,774/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: April 09, 2024 at 04:23am
Listed by:
Alec Armour 541-905-9266,
Windermere RE Lane County
Bought with:
Brita Arcuri, 200702214
DC Real Estate Inc
Source: RMLS (OR),MLS#: 23333973
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 20
- Bathrooms: 10
- Full bathrooms: 10
Heating
- Wall Furnace
Cooling
- Window Unit(s), Air Conditioning
Appliances
- Included: Dishwasher, Range, Refrigerator, Electric Water Heater, Tank Water Heater
Features
- Basement: Crawl Space
Interior area
- Total structure area: 3,392
- Total interior livable area: 3,392 sqft
Property
Parking
- Total spaces: 16
- Parking features: Assigned, Secured
Features
- Stories: 2
Lot
- Features: Cul-De-Sac, Level, On Busline, SqFt 7000 to 9999
Details
- Parcel number: 1458734
- Zoning: multi
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- T111 Siding, Wood Siding
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Updated/Remodeled
- Year built: 1994
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Security
- Security features: Security Lights
Community
- Community features: Commons
Location
- Region: Springfield
HOA & financial
Other financial information
- Total actual rent: 10878
Other
Other facts
- Listing terms: Cash,Conventional
- Road surface type: Concrete
Price history
| Date | Event | Price |
|---|---|---|
| 2/13/2024 | Sold | $745,000-0.7%$220/sqft |
Source:  RMLS (OR) #23333973 Report a problem | ||
| 1/8/2024 | Pending sale | $750,000$221/sqft |
Source: RMLS (OR) #23333973 Report a problem | ||
| 1/4/2024 | Listed for sale | $750,000-37.5%$221/sqft |
Source: RMLS (OR) #23333973 Report a problem | ||
| 12/15/2021 | Sold | $1,200,000$354/sqft |
Source: RMLS (OR) #21067560 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 97477
Nearby schools
GreatSchools rating
- 4/10Elizabeth Page Elementary SchoolGrades: K-5Distance: 0.4 mi
- 5/10Briggs Middle SchoolGrades: 6-8Distance: 1.1 mi
- 4/10Springfield High SchoolGrades: 9-12Distance: 0.8 mi
Schools provided by the listing agent
- Middle: 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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