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Sold
  • $499,900

    495 52nd St, Springfield, OR 97478

    4beds
    1,600sqft
    Multi Family
    Built in 1975
    -- sqft lot
    $500,500 Zestimate®
    $312/sqft
    $1,922 Estimated rent

    Home value

    $500,500

    $475,000 - $531,000

    $1,922/mo

    Zestimate® history
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    What's special

    Best Duplex Value in Lane County — Now Under $500K!Priced at $499,900, this Springfield duplex is offered As-Is and priced for a quick sale and close. It delivers strong income with long-term upside on a desirable corner lot. Each unit is a 2 bed/1 bath featuring updated kitchens and baths (2020 & 2022), indoor laundry, and private garages. The exterior was freshly painted in 2024, making this a turnkey, low-maintenance property.Both tenants are on month-to-month leases with professional management, producing reliable income today and offering flexibility for an owner-occupant. Current rents total ~$3,200+/month, giving investors nearly a 6% cap rate at the new price point.The property offers large front and oversized side yards, RV parking, and room for future additions or an ADU (buyer to verify). This combination of condition, cash flow, and expansion potential makes it one of the strongest duplex opportunities in the county. Conveniently located near schools, shopping, parks, and freeway access, this duplex offers both stability and growth potential. Whether you’re a seasoned investor or a buyer looking to live in one unit while renting the other, this is a rare value.Seller is a Licensed Broker in the State of Oregon.

    Zillow last checked: 8 hours ago

    Listing updated: October 22, 2025 at 11:12pm

    Listed by:

    Amanda Hanson 541-461-2222,

    Assist 2 Sell-Buyers & Sellers

    Bought with:

    Brent Cole, 200607178

    Triple Oaks Realty LLC

    Source: RMLS (OR),MLS#: 673727097MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Ceiling, Ductless
    Cooling
    • Wall Unit(s), Air Conditioning
    Appliances
    • Included: Dishwasher, Refrigerator, Electric Water Heater
    • Laundry: Washer Dryer Hookup
    Features
    • Basement: Crawl Space
    • Attic: Storage
    Interior area
    • Total structure area: 1,600
    • Total interior livable area: 1,600 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Driveway, Garage
    • Garage spaces: 2
    • Has uncovered spaces: Yes
    Features
    • Stories: 1
    • Has view: Yes
    • View description: Mountain(s), Trees/Woods
    Lot
    • Size: 8,712 sqft
    • Features: Corner Lot, Trees, SqFt 7000 to 9999
    Details
    • Parcel number: 1069309
    • Zoning: R-1

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Wood Siding
    • Foundation: Concrete Perimeter
    • Roof: Composition
    Condition
    • Approximately
    • Year built: 1975

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

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

    HOA & financial

    Other financial information
    • Total actual rent: 3215

    Other

    Other facts
    • Listing terms: Cash,Conventional,FHA,VA Loan

    Price history

    DateEventPrice
    10/9/2025Sold$499,900$312/sqft
    Source: RMLS (OR) #673727097
    9/6/2025Pending sale$499,900$312/sqft
    Source: RMLS (OR) #673727097
    8/28/2025Price change$499,900-8.2%$312/sqft
    Source: RMLS (OR) #673727097
    8/24/2025Price change$544,400-5.3%$340/sqft
    Source: RMLS (OR) #673727097
    8/22/2025Price change$575,000-3.4%$359/sqft
    Source: RMLS (OR) #673727097

    Public tax history

    YearProperty taxesTax assessment
    2024$3,030 +4.4%$163,049 +3%
    2023$2,901 +3.4%$158,300 +3%
    2022$2,806 +1.8%$153,690 +3%

    Find assessor info on the county website

    Neighborhood: 97478

    Nearby schools

    GreatSchools rating
    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.

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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 .
    $500,500
    2% more+ $10,010
    With Zillow Showcase(estimated)
    $510,510