Prime Thurston neighborhood duplex — a rare chance to own a turnkey income property with a built-in value-add play.This exceptional, well-maintained duplex offers 2,268 square feet of total living space across two generously sized units. Each side features a spacious 3-bedroom, 1.5-bathroom layout , situated on a 6,098 SF lot in one of Springfield's most sought-after neighborhoods. Built in 1993 and zoned MD – Medium Density Residential, this property checks every box for investors, house-hackers, and landlords alike.Both unit are tenant-occupied and generating $1,260/month and $1725/month in immediate rental income.Investors will appreciate the significant recent upgrades, including brand-new siding, windows, and sliding doors, a solid roof that is only 4-5 years old, and new mini-split heating and AC systems for tenant comfort and energy efficiency.
Active
$525,000
215 Smith Loop, Springfield, OR 97478
6beds
2,268sqft
Est.:
Multi Family
Built in 1993
-- sqft lot
$-- Zestimate®
$231/sqft
$-- HOA
What's special
Brand-new siding
- 3 days |
- 229 |
- 2 |
Zillow last checked:
Listing updated:
Listed by:
Daniel Gandee dan@theoperativegroup.com,
Real Broker,
Derik Bannister 530-736-7085,
Real Broker
Source: RMLS (OR),MLS#: 353491641
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 2
- Partial bathrooms: 2
Heating
- Mini Split
Cooling
- Air Conditioning
Appliances
- Included: Electric Water Heater
Features
- Basement: Crawl Space
Interior area
- Total structure area: 2,268
- Total interior livable area: 2,268 sqft
Property
Parking
- Total spaces: 2
- Parking features: Carport, Driveway
- Garage spaces: 2
- Has carport: Yes
- Has uncovered spaces: Yes
Features
- Stories: 2
Lot
- Size: 6,098.4 Square Feet
- Features: SqFt 5000 to 6999
Details
- Parcel number: 1286572
- Zoning: MD
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Lap Siding
- Foundation: Skirting
- Roof: Shingle
Condition
- Unknown
- Year built: 1993
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Springfield
Financial & listing details
- Price per square foot: $231/sqft
- Tax assessed value: $425,926
- Annual tax amount: $4,480
- Date on market: 5/1/2026
- Listing terms: Cash,Conventional,FHA,Owner Will Carry,VA Loan
- Total actual rent: 2985
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/2/2026 | Listed for sale | $525,000+288.9%$231/sqft |
Source:  RMLS (OR) #353491641 Report a problem | ||
| 3/4/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 2/28/2023 | Listed for rent | $1,600+18.5%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/24/2021 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 6/22/2021 | Listed for rent | $1,350$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 1/15/1999 | Sold | $135,000$60/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,481 +1.6% | $244,357 +3% |
| 2024 | $4,408 +4.4% | $237,240 +3% |
| 2023 | $4,221 +3.4% | $230,331 +3% |
| 2022 | $4,083 +1.8% | $223,623 +3% |
| 2021 | $4,010 +3% | $217,110 +3% |
| 2020 | $3,893 +3.1% | $210,787 +3% |
| 2019 | $3,775 +6.1% | $204,648 +3% |
| 2018 | $3,559 | $198,688 +3% |
| 2017 | $3,559 +4.1% | $192,901 +3% |
| 2016 | $3,420 +2.4% | $187,283 +12.2% |
| 2015 | $3,339 +16.3% | $166,958 -8.2% |
| 2014 | $2,872 -7.3% | $181,828 +3.4% |
| 2013 | $3,099 +7.4% | $175,791 +1.6% |
| 2012 | $2,886 | $172,940 -2% |
| 2011 | -- | $176,532 +1.4% |
| 2010 | -- | $174,158 +3% |
| 2009 | -- | $169,085 +3% |
| 2008 | -- | $164,160 +3% |
| 2007 | -- | $159,379 +3% |
| 2006 | -- | $154,737 +3% |
| 2005 | -- | $150,230 +3% |
| 2004 | -- | $145,854 +3% |
| 2003 | -- | $141,606 +3% |
| 2002 | -- | $137,482 +3% |
| 2001 | -- | $133,478 +3% |
| 2000 | -- | $129,590 |
Find assessor info on the county website
Monthly payment
Est. payment
$2,922/mo
Principal & interest
$2576
Property taxes
$346
More affordability tools
Climate risks
Neighborhood: 97478
Nearby schools
GreatSchools rating
- 2/10Riverbend Elementary SchoolGrades: K-5Distance: 0.8 mi
- 6/10Agnes Stewart Middle SchoolGrades: 6-8Distance: 1.3 mi
- 5/10Thurston High SchoolGrades: 9-12Distance: 1.9 mi
Schools provided by the listing agent
- Elementary: Riverbend
- Middle: Agnes Stewart
- High: Thurston
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Oregon
- Lane County
- Springfield
- 97478
- 215 Smith Loop
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