$995,000
PENDING

Estimated payment $6,000/month

Total Views 2,186
12 Beds
6 Baths
5,610 Sq Ft
$177 Price per Sq Ft

Highlights

  • No HOA
  • Level Lot
  • No Heating

About This Home

Six-plex for sale near the historic Washburn district of Springfield, Oregon. Each townhouse style apartment has 2 bedrooms, 1 bath, & 2 parking spaces This property offers an excellent "value-add opportunity" because the units are currently rented under market rates for the area.

Listing Agent

Kit Sixel

Sixel Real Estate License #200710134 Listed on: 06/11/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,867

Year Built

  • Built in 1964

Lot Details

  • 10,018 Sq Ft Lot
  • Level Lot

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 5,610 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Bathrooms

Parking

  • 12 Parking Spaces
  • On-Street Parking

Schools

  • Two Rivers Elementary School
  • Hamlin Middle School
  • Springfield High School

Utilities

  • No Cooling
  • No Heating
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 0312353

Community Details

Overview

  • No Home Owners Association
  • 6 Units
  • Washburne Subdivision

Building Details

  • Operating Expense $5,867
  • Gross Income $84,780
  • Net Operating Income $78,913

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,867

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Standard Status: Pending
  • MLS Status: Pending
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1964
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 12
  • Lot Size Range: SqFt10000to14999

Exterior Features

  • Exterior Description: Brick,Other
  • Lot Size: 10,000 to 14,999 SqFt
  • View: No
  • Lot Features: Level

Garage/Parking

  • Parking Description: OnStreet
  • Attached Garage: No
  • Total Parking Spaces: 12.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling Y N: No
  • Heating: WallHeater
  • Heating Yn: No
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Two Rivers
  • High School: Springfield
  • Middle Or Junior School: Hamlin

Lot Info

  • Zoning: R2
  • Lot Size Acres: 0.23
  • Lot Size Sq Ft: 10018.0
  • Parcel #: 0312353

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: TrashCollection

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 5866.52

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4, UnitTypeType5, UnitTypeType6
  • Number Of Units Total: 6
  • Gross Rent Multiplier: 11.74
  • Annual Gross Income: 84780.0
  • Property Net Operating Income: 78913.0
  • Annual Operating Expense: 5867.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2025 06/23/25 Pending -- -- --
06/11/2025 06/11/25 For Sale $995,000 +141.5% $177 / Sq Ft
06/05/2018 06/05/18 Sold $412,000 -30.8% $73 / Sq Ft
05/02/2018 05/02/18 Pending -- -- --
04/20/2018 04/20/18 For Sale $595,000 -- $106 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 239636847

Regional Multiple Listing Service (RMLS)