Great opportunity to purchase a turnkey 4-Plex in the heart of Springfield. Live in one unit & rent out the rests or add this great property to your investment portfolio. Lots of valuable updates including a brand new roof, new gutters, updated interior features & more! Each unit features two bedrooms & one bathroom. With plenty of room for parking for each unit. Both 349 40th 351 40th are available. Listed separately. Please do not disturb the tenants. Shown by appointment only! Only the vacant units are available to tour, with the remaining to be shown after an accepted offer. Call you broker today to arrange a private tour. Rental records available upon request!
Active
$699,900
351 40th St, Springfield, OR 97478
8beds
2,640sqft
Est.:
Multi Family
Built in 1992
-- sqft lot
$684,800 Zestimate®
$265/sqft
$-- HOA
What's special
Updated interior featuresBrand new roofNew gutters
- 181 days |
- 567 |
- 17 |
Zillow last checked: 7 hours ago
Listing updated: December 11, 2025 at 02:12am
Listed by:
Jesse Haffly 541-514-7583,
eXp Realty LLC,
Izabell Senters 541-520-7241,
eXp Realty LLC
Source: RMLS (OR),MLS#: 144821392
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Zoned
Cooling
- Window Unit(s)
Appliances
- Included: Range, Refrigerator, Washer/Dryer, Electric Water Heater
Features
- Basement: Crawl Space
Interior area
- Total structure area: 2,640
- Total interior livable area: 2,640 sqft
Property
Parking
- Total spaces: 10
- Parking features: Off Street, Paved
Features
- Stories: 1
- Has view: Yes
- View description: Mountain(s)
Lot
- Size: 9,147.6 Square Feet
- Features: Level, SqFt 7000 to 9999
Details
- Parcel number: 1479128
- Zoning: R2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Siding
- Foundation: Slab
- Roof: Composition
Condition
- Updated/Remodeled
- Year built: 1992
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected
Community & HOA
Location
- Region: Springfield
Financial & listing details
- Price per square foot: $265/sqft
- Tax assessed value: $485,330
- Annual tax amount: $4,523
- Date on market: 9/18/2025
- Listing terms: Cash,Conventional,FHA,VA Loan
- Total actual rent: 4299
- Road surface type: Concrete, Paved
Estimated market value
$684,800
$651,000 - $719,000
$1,458/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/11/2025 | Listed for sale | $699,900$265/sqft |
Source:  RMLS (OR) #144821392 Report a problem | ||
| 11/12/2025 | Pending sale | $699,900$265/sqft |
Source: RMLS (OR) #144821392 Report a problem | ||
| 9/18/2025 | Listed for sale | $699,900+43.9%$265/sqft |
Source: RMLS (OR) #144821392 Report a problem | ||
| 8/2/2024 | Sold | $486,500-15.4%$184/sqft |
Source: RMLS (OR) #24433847 Report a problem | ||
| 5/11/2024 | Pending sale | $575,000$218/sqft |
Source: RMLS (OR) #24433847 Report a problem | ||
| 4/19/2024 | Listed for sale | $575,000-7.3%$218/sqft |
Source: RMLS (OR) #24433847 Report a problem | ||
| 11/1/2016 | Listing removed | $620,000$235/sqft |
Source: Brad Anderson Real Estate #16307964 Report a problem | ||
| 9/12/2016 | Pending sale | $620,000$235/sqft |
Source: Brad Anderson Real Estate #16307964 Report a problem | ||
| 9/2/2016 | Price change | $620,000-3.1%$235/sqft |
Source: Brad Anderson Real Estate #16307964 Report a problem | ||
| 7/6/2016 | Listed for sale | $640,000$242/sqft |
Source: Brad Anderson Real Estate #16307964 Report a problem | ||
| 6/27/2016 | Pending sale | $640,000$242/sqft |
Source: Brad Anderson Real Estate #16307964 Report a problem | ||
| 6/27/2016 | Listed for sale | $640,000$242/sqft |
Source: Brad Anderson Real Estate #16307964 Report a problem | ||
| 6/1/2016 | Pending sale | $640,000$242/sqft |
Source: Brad Anderson Real Estate #16307964 Report a problem | ||
| 5/5/2016 | Listed for sale | $640,000$242/sqft |
Source: Brad Anderson Real Estate #16307964 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,598 +1.6% | $250,737 +3% |
| 2024 | $4,523 +4.4% | $243,434 +3% |
| 2023 | $4,331 +3.4% | $236,344 +3% |
| 2022 | $4,189 +1.8% | $229,461 +3% |
| 2021 | $4,114 +3% | $222,778 +3% |
| 2020 | $3,994 +3.1% | $216,290 +3% |
| 2019 | $3,874 +6.1% | $209,991 +3% |
| 2018 | $3,652 | $203,875 +3% |
| 2017 | $3,652 +4% | $197,937 +3% |
| 2016 | $3,512 +2.1% | $192,172 +3% |
| 2015 | $3,438 +2.9% | $186,575 +3% |
| 2014 | $3,340 +3.6% | $181,141 +3% |
| 2013 | $3,225 +10.2% | $175,865 +3% |
| 2012 | $2,927 | $170,743 +3% |
| 2011 | -- | $165,770 +3% |
| 2010 | -- | $160,942 +3% |
| 2009 | -- | $156,254 +3% |
| 2008 | -- | $151,703 +3% |
| 2007 | -- | $147,284 +3% |
| 2006 | -- | $142,994 +3% |
| 2005 | -- | $138,829 +3% |
| 2004 | -- | $134,785 +3% |
| 2003 | -- | $130,859 +3% |
| 2002 | -- | $127,048 +3% |
| 2001 | -- | $123,348 +3% |
| 2000 | -- | $119,755 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$3,870/mo
Principal & interest
$3409
Property taxes
$461
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Climate risks
Neighborhood: 97478
Nearby schools
GreatSchools rating
- 2/10Riverbend Elementary SchoolGrades: K-5Distance: 1.2 mi
- 5/10Briggs Middle SchoolGrades: 6-8Distance: 1.9 mi
- 5/10Thurston High SchoolGrades: 9-12Distance: 2.4 mi
Schools provided by the listing agent
- Elementary: Riverbend
- Middle: Briggs
- 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.
Local experts in 97478
- Oregon
- Lane County
- Springfield
- 97478
- 351 40th St
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