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  • $450,000

    3999 Virginia Ave, Springfield, OR 97478

    4beds
    1,632sqft
    Multi Family
    Built in 1971
    -- sqft lot
    $449,700 Zestimate®
    $276/sqft
    $1,581 Estimated rent

    Home value

    $449,700

    $427,000 - $472,000

    $1,581/mo

    Zestimate® history
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    What's special

    Large backyardUpdated flooringDual-pane vinyl windowsOff street parking
    Income-Producing Duplex in East SpringfieldGreat opportunity for an investor or owner-occupant! Located at 3999 Virginia Ave & 532 S 40th St,this single level duplex sits on a.18-acre corner lot in an established East Springfield neighborhood.Built in 1971, the property offers approximately 1,632 total sqft, with each unit featuring 816 sq ft, 2 bedrooms and 1 bathroom. Both units offer comfortable, functional floor plans with updated flooring and dual-pane vinyl windows. Each unit also has its own single-car garage with dedicated laundry, plus a large backyard and off street parking. One side offers additional parking with potential space for an RV, boat or recreational vehicles.Currently rented at $1,600 per month per unit, this property offers immediate rental income and flexibility for the future. Continue as an investment or explore the possibility of living in one side while renting the other.

    Zillow last checked:

    Listing updated:

    Listed by:

    Nicole Ferrell 541-913-9973,

    Triple Oaks Realty LLC

    Bought with:

    Amanda Parker, 201219748

    Parker Heights Realty

    Source: RMLS (OR),MLS#: 158326634MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Ceiling
    Appliances
    • Included: Refrigerator, Electric Water Heater
    • Laundry: Washer Dryer Hookup
    Features
    • Basement: Crawl Space
    Interior area
    • Total structure area: 1,632
    • Total interior livable area: 1,632 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Driveway, Garage
    • Garage spaces: 2
    • Has uncovered spaces: Yes
    Features
    • Stories: 1
    Lot
    • Size: 7,840 Square Feet
    • Features: Level, SqFt 7000 to 9999
    Details
    • Parcel number: 0125748
    • Zoning: LD

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • T111 Siding
    • Roof: Composition
    Condition
    • Existing
    • Year built: 1971

    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: $276/sqft
    • Tax assessed value: $385,578
    • Annual tax amount: $3,372
    • Date on market: 8/16/2026
    • Cumulative days on market: 6 days
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Total actual rent: 3200
    • Road surface type: Paved

    Price history

    DateEventPrice
    9/25/2026Sold$450,000$276/sqft
    Source: RMLS (OR) #158326634 Report a problem
    8/22/2026Pending sale$450,000$276/sqft
    Source: RMLS (OR) #158326634 Report a problem
    8/16/2026Listed for sale$450,000+240.9%$276/sqft
    Source: RMLS (OR) #158326634 Report a problem
    6/16/2003Sold$132,000+8.3%$81/sqft
    Source: Public Record Report a problem
    8/3/1999Sold$121,900$75/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,373 +1.6%$183,938 +3%
    2024$3,318 +4.4%$178,581 +3%
    2023$3,177 +3.4%$173,380 +3%
    2022$3,073 +1.8%$168,331 +3%
    2021$3,018 +3%$163,429 +3%
    2020$2,930 +3.1%$158,669 +3%
    2019$2,842 +6.1%$154,048 +3%
    2018$2,679 $149,562 +3%
    2017$2,679 +4%$145,206 +3%
    2016$2,576 +2.1%$140,977 +3%
    2015$2,522 +2.9%$136,871 +3%
    2014$2,450 +4.8%$132,884 +3%
    2013$2,337 +10.3%$129,014 +3%
    2012$2,119 $125,256 +3%
    2011-- $121,608 +3%
    2010-- $118,066 +3%
    2009-- $114,627 +3%
    2008-- $111,288 +3%
    2007-- $108,047 +3%
    2006-- $104,900 +3%
    2005-- $101,845 +3%
    2004-- $98,879 +3%
    2003-- $95,999 +3%
    2002-- $93,203 +3%
    2001-- $90,488 +3%
    2000-- $87,852
    Find assessor info on the county website

    Neighborhood: 97478

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Douglas Gardens
    • Middle: Agnes Stewart
    • High: Springfield

    Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $449,700
    2% more
    +$8,994
    With Zillow Showcase(estimated)
    $458,694
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $449,700
    2% more
    +$8,994
    With Zillow Showcase(estimated)
    $458,694