Pending

$700,000

157 40th St, Springfield, OR 97478

8beds

4,704sqft

Est.:

Multi Family

Built in 1973

-- sqft lot

$-- Zestimate^®

$149/sqft

$-- HOA

What's special

Large yardsTwo bedrooms

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.!!!!

42 days

286

18

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 8
Full bathrooms: 4
Partial bathrooms: 4

Heating

Zoned

Cooling

None

Appliances

Included: Dishwasher, Range, Refrigerator, Electric Water Heater
Laundry: Washer Dryer Hookup

Features

Basement: Crawl Space

Interior area

Total structure area: 4,704
Total interior livable area: 4,704 sqft

Property

Parking

Total spaces: 4
Parking features: Garage, Garage Door Opener
Garage spaces: 4
Has uncovered spaces: Yes

Features

Stories: 2

Lot

Size: 0.31 Acres
Features: SqFt 10000 to 14999

Details

Parcel number: 1810637
Zoning: R-2

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Vinyl Siding
Foundation: Concrete Perimeter
Roof: Composition

Condition

Existing
Year built: 1973

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Location

Region: Springfield

Financial & listing details

Price per square foot: $149/sqft
Tax assessed value: $257,343
Annual tax amount: $5,709
Date on market: 11/4/2025
Cumulative days on market: 42 days
Listing terms: Cash,Conventional,FHA,VA Loan
Total actual rent: 5490
Road surface type: Paved

Estimated market value

Not available

Estimated sales range

Not available

$1,394/mo

Price history

Date	Event	Price
11/21/2025	Pending sale	$700,000$149/sqft
Source: RMLS (OR) #239958980 Report a problem
11/18/2025	Listed for sale	$700,000$149/sqft
Source: RMLS (OR) #239958980 Report a problem
11/4/2025	Pending sale	$700,000+100%$149/sqft
Source: RMLS (OR) #239958980 Report a problem
12/7/2007	Sold	$350,000$74/sqft
Source: Agent Provided Report a problem