Turnkey investment opportunity in a prime Springfield location! Ideally situated within walking distance of Gateway Mall with quick and convenient access to I-5, this fully occupied duplex offers strong rental performance and an attractive 6.16% cap rate. Each spacious unit features 2 bedrooms, 1.5 bathrooms, and approximately 986 square feet of comfortable living space. Both units include an attached one-car garage, plus long driveways providing ample additional off-street parking. Each side also enjoys its own private fenced backyard, with additional land extending beyond the fenced areas. With a strong occupancy history, solid market rents, and tenants responsible for all utilities, this property is positioned as a low-maintenance addition to an investment portfolio. The functional layouts, individual garages, private outdoor spaces, and convenient location help support long-term tenant appeal and rental demand. Excellent proximity to shopping, dining, services, and major transportation routes makes this an attractive rental location in the Eugene-Springfield market. Property is fully occupied. Please do not disturb tenants. Contact your agent for additional information, rental details, and showing instructions.
Active
$475,000
993 N Cloverleaf Loop, Springfield, OR 97477
4beds
1,972sqft
Multi Family
Built in 1977
-- sqft lot
$-- Zestimate®
$241/sqft
$-- HOA
What's special
Functional layoutsPrivate fenced backyardSpacious unitPrivate outdoor spacesAttached one-car garage
- 1 day
- 67
- 5
Zillow last checked:
Listing updated:
Listed by:
Tim Kaelin 541-285-6080,
Coldwell Banker Professional
Source: RMLS (OR),MLS#: 350046692
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 2
- Partial bathrooms: 2
Heating
- Zoned
Cooling
- Window Unit(s)
Appliances
- Included: Dishwasher, Range, Refrigerator, Electric Water Heater
- Laundry: Washer Dryer Hookup
Features
- Basement: Crawl Space
Interior area
- Total structure area: 1,972
- Total interior livable area: 1,972 sqft
Property
Parking
- Total spaces: 4
- Parking features: Driveway, Garage
- Garage spaces: 2
- Has uncovered spaces: Yes
Features
- Stories: 2
- Has view: Yes
- View description: City, Seasonal
Lot
- Size: 7,405 Square Feet
- Features: Level, SqFt 7000 to 9999
Details
- Parcel number: 1164720
- Zoning: MD
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Siding
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Existing
- Year built: 1977
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Springfield
Financial & listing details
- Price per square foot: $241/sqft
- Annual tax amount: $3,784
- Date on market: 9/10/2026
- Listing terms: Cash,Conventional,FHA,VA Loan
- Total actual rent: 2850
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/10/2026 | Listed for sale | $475,000+24.2%$241/sqft |
Source: | ||
| 3/8/2024 | Sold | $382,400-4.4%$194/sqft |
Source: | ||
| 2/10/2024 | Pending sale | $399,900$203/sqft |
Source: | ||
| 2/10/2024 | Price change | $399,900-3.6%$203/sqft |
Source: | ||
| 1/12/2024 | Listed for sale | $414,900$210/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 97477
Nearby schools
Schools provided by the listing agent
- Elementary: Guy Lee
- Middle: Hamlin
- 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.







