455 S 38th St, Springfield, Oregon 97478

OR, Springfield
$495,000
  • 0.18 Acre
  • MultiFamily Property Type
  • 1942 Year Built
  • Active Status
Steven Meyer
Steven Meyer Realtyna
  • (302) 525 8222
  • Steven.m@realtyna.net
  • 200 Continental Drive, Suite 401, Newark, DE 19713 USA
Property Description

DO NOT DISTURB TENANTS. Turn key multi family property in the heart of Springfield ready to cash flow for the next owner. Sellers have completed extensive remodel in 2023 which included: New roof, int/ext paint, flooring, electrical, plumbing, heating & AC, crawlspace insulation & vapor guard, new attic insulation, bathrooms, kitchens, ect. Front house rents for $1,795, apartment over garage rents for $1,295 & is eligible for increase. Both units are M2M. House tenant moved in 12/2025. Property is likely eligible for 1-4 more units, buyer to verify with city. LOW taxes!

Basic Details
  • Property Type: MultiFamily
  • Listing Type: For Sale
  • Listing ID: 236528166
  • Price: $495,000
  • Year Built: 1942
  • Lot Area: 0.18 Acre
  • Roof: Composition
  • Office Name: Tim Duncan Real Estate
  • Agent Name: Tim Duncan
  • Contact By: tim@timduncanre.com
  • Office Phone: 541-284-3741
  • Listing Status: Active
Features
  • Heating System Ductless,Wall Heater
  • Cooling System Mini Split
  • Basement Crawl Space
  • Parking Driveway
  • Sewer Public Sewer
Address Map
  • Country US
  • State OR
  • County Lane
  • City Springfield
  • Zipcode 97478
  • Street: 38TH
  • Street Number: 455
  • Street Suffix: ST
  • Longitude: W123° 1' 42.6''
  • Latitude: N44° 2' 32''
  • Zoning: R1
  • Mls Area Major: _249
  • Street Dir Prefix: S
Neighborhood
  • Elementary School: Douglas Gardens
  • High School: Springfield
  • Middle School: Agnes Stewart
Additional Information
  • Water Source: Public Water
  • Building Size: 1500
  • Lot Features: Level
  • Number Of Units Total: 2
  • On Market Date: 2025-12-14
  • Previous Price: 500000
  • Rent Includes: None
  • Stories: 2
Listing Information
  • Listing Term: Cash, Conventional, FHA, VALoan
  • Mls Status: Active
  • Modification Timestamp: 2026-02-18T08:20:42Z
  • Originating System Name: RMLS
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Last updated on 02/18/2026 2:27