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    • $674,900

    351 40th St, Springfield, OR 97478

    8beds
    2,640sqft
    : 
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    Multi Family
    Built in 1992
    -- sqft lot
    $674,600 Zestimate®
    $256/sqft
    $-- HOA

    What's special

    Updated interior featuresBrand new roofNew gutters
    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. Please do not disturb the tenants. Shown by appointment only! Only the vacant unit is 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!
    6 days
    |
    246
    |
    8
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Jesse Haffly 541-514-7583,

    eXp Realty LLC

    Source: RMLS (OR),MLS#: 705904630MLS Logo

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      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 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

      Community
      • Security: None
      Location
      • Region: Springfield

      Financial & listing details

      • Price per square foot: $256/sqft
      • Tax assessed value: $485,330
      • Annual tax amount: $4,597
      • Date on market: 6/22/2026
      • Listing terms: Cash,Conventional,FHA,VA Loan
      • Total actual rent: 3298
      • Road surface type: Concrete, Paved

        Estimated market value

        $674,600

        $641,000 - $708,000

        $1,377/mo

        Price history

        DateEventPrice
        6/22/2026Listed for sale$674,900-3.6%$256/sqft
        Source: RMLS (OR) #705904630 Report a problem
        3/19/2026Listing removed$699,900$265/sqft
        Source: eXp Realty #144821392 Report a problem
        12/16/2025Listed for sale$699,900+43.9%$265/sqft
        Source: eXp Realty #144821392 Report a problem
        8/2/2024Sold$486,500-15.4%$184/sqft
        Source: RMLS (OR) #24433847 Report a problem
        5/11/2024Pending sale$575,000$218/sqft
        Source: RMLS (OR) #24433847 Report a problem
        4/19/2024Listed for sale$575,000-7.3%$218/sqft
        Source: RMLS (OR) #24433847 Report a problem
        11/1/2016Listing removed$620,000$235/sqft
        Source: Brad Anderson Real Estate #16307964 Report a problem
        9/12/2016Pending sale$620,000$235/sqft
        Source: Brad Anderson Real Estate #16307964 Report a problem
        9/2/2016Price change$620,000-3.1%$235/sqft
        Source: Brad Anderson Real Estate #16307964 Report a problem
        7/6/2016Listed for sale$640,000$242/sqft
        Source: Brad Anderson Real Estate #16307964 Report a problem
        6/27/2016Pending sale$640,000$242/sqft
        Source: Brad Anderson Real Estate #16307964 Report a problem
        6/27/2016Listed for sale$640,000$242/sqft
        Source: Brad Anderson Real Estate #16307964 Report a problem
        6/1/2016Pending sale$640,000$242/sqft
        Source: Brad Anderson Real Estate #16307964 Report a problem
        5/5/2016Listed for sale$640,000$242/sqft
        Source: Brad Anderson Real Estate #16307964 Report a problem

        Public tax history

        YearProperty taxesTax 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

        Monthly payment

        Est. payment

          Payment breakdown

          Explore the cost of this home by adjusting the details. Changes won't be saved.
          All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
          HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
          Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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          Climate risks

          Neighborhood: 97478

          Getting around

          51 / 100
          Somewhat Walkable
          32 / 100
          Some Transit
          69 / 100
          Bikeable

          Nearby schools

          GreatSchools rating
          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.

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