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  • $473,500

    275 S 40th Pl, Springfield, OR 97478

    4beds
    2,076sqft
    Multi Family
    Built in 1976
    -- sqft lot
    $473,500 Zestimate®
    $228/sqft
    $1,809 Estimated rent

    What's special

    Investor Alert: Duplex's two units are being sold together. Welcome to 275/273 S. 40th Pl, a well-maintained duplex nestled in a quiet cul-de-sac in one of Springfield's central neighborhoods. Each unit offers 2 spacious upstairs bedrooms, 1 bathroom upstairs, a half bath downstairs, and approximately 1,038 sq ft of comfortable living space with vaulted ceilings in the living rooms. The property features deep one-car garages with washer/dryer hookups (laundry appliances not included) and fully fenced, generously sized backyards—perfect for outdoor activities. One unit (275) has been updated with newer flooring and a refreshed kitchen, adding modern appeal. Whether you're looking to live in one unit and rent the other or expand your investment portfolio, this property provides excellent income potential, with current long-term tenants renting on a month-to-month basis. Conveniently located just minutes from schools, parks, bike paths, shopping, and downtown Springfield, with easy access to major highways. Enjoy the charm and lifestyle of the Willamette Valley while making a smart, versatile investment. Don't miss out on this exceptional duplex—schedule your showing today! 24-hour advance scheduling is in place. PLEASE DO NOT DISTURB TENANTS

    Zillow last checked: 7 hours ago

    Listing updated: July 02, 2025 at 09:02am

    Listed by:

    Dave Lacy 541-747-9971,

    Valley Real Estate

    Bought with:

    Kim Heddinger, 920200126

    Golden Realty

    Source: RMLS (OR),MLS#: 677190226MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 2
    • Partial bathrooms: 2
    Heating
    • Forced Air, Fireplace(s)
    Cooling
    • Air Conditioning Ready
    Appliances
    • Included: Dishwasher, Range, Refrigerator, Electric Water Heater
    Features
    • Basement: Crawl Space,Exterior Entry
    Interior area
    • Total structure area: 2,076
    • Total interior livable area: 2,076 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Driveway, Garage
    • Garage spaces: 2
    • Has uncovered spaces: Yes
    Features
    • Stories: 2
    • Has view: Yes
    • View description: Seasonal
    Lot
    • Size: 7,840 sqft
    • Features: Cul-De-Sac, Level, Trees, SqFt 7000 to 9999
    Details
    • Parcel number: 1181195
    • Zoning: R2

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Plywood, T111 Siding
    • Foundation: Concrete Perimeter
    • Roof: Composition
    Condition
    • Approximately
    • Year built: 1976

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Connected

    Community & neighborhood

    Security
    • Security features: Security Lights
    Location
    • Region: Springfield

    HOA & financial

    Other financial information
    • Total actual rent: 2080

    Other

    Other facts
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Road surface type: Paved
    Services availability
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    An equal housing lender. NMLS #10287.

    Sell for more on Zillow

    Get a free Zillow Showcase℠ listing and you could sell for .

    $473,500
    2% more+ $9,470
    With Zillow Showcase(estimated)
    $482,970