Skip main navigation
Active
  • $475,000

    993 N Cloverleaf Loop, Springfield, OR 97477

    4beds
    1,972sqft
    : 
    $3,343/mo
    Get pre-qualified
    Multi Family
    Built in 1977
    -- sqft lot
    $-- Zestimate®
    $241/sqft
    $-- HOA

    What's special

    Functional layoutsPrivate fenced backyardSpacious unitPrivate outdoor spacesAttached one-car garage
    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.
    1 day
    67
    5

    Zillow last checked:

    Listing updated:

    Listed by:

    Tim Kaelin 541-285-6080,

    Coldwell Banker Professional

    Source: RMLS (OR),MLS#: 350046692MLS Logo

      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

        DateEventPrice
        9/10/2026Listed for sale$475,000+24.2%$241/sqft
        Source: RMLS (OR) #350046692 Report a problem
        3/8/2024Sold$382,400-4.4%$194/sqft
        Source: RMLS (OR) #24326985 Report a problem
        2/10/2024Pending sale$399,900$203/sqft
        Source: RMLS (OR) #24326985 Report a problem
        2/10/2024Price change$399,900-3.6%$203/sqft
        Source: RMLS (OR) #24326985 Report a problem
        1/12/2024Listed for sale$414,900$210/sqft
        Source: RMLS (OR) #24326985 Report a problem

        Public tax history

        Tax history is unavailable.

        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 97477

        Getting around

        68 / 100
        Somewhat Walkable
        39 / 100
        Some Transit
        90 / 100
        Biker's Paradise

        Nearby schools

        GreatSchools rating
        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.

        A local agent can set up tours, give advice and negotiate with sellers.

        A local lender can help you make sure your offer is ready when you are.

        Browse local experts