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Listed by Triple Oaks Realty LLC • 541-913-9973
$ 450,000
Est. payment | /mo
7,840 Sqft Lot
$ 450,000
Est. payment | /mo
7,840 Sqft Lot
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 158326634
Year Built 1971
Annual Tax Amount $3,372
Tax Year 2025
Lot Size 7,840 Sqft
Property Description
Income-Producing Duplex in East SpringfieldGreat opportunity for an investor or owner-occupant! Located at 3999 Virginia Ave & 532 S 40th St,this single level duplex sits on a.18-acre corner lot in an established East Springfield neighborhood.Built in 1971, the property offers approximately 1,632 total sqft, with each unit featuring 816 sq ft, 2 bedrooms and 1 bathroom. Both units offer comfortable, functional floor plans with updated flooring and dual-pane vinyl windows. Each unit also has its own single-car garage with dedicated laundry, plus a large backyard and off street parking. One side offers additional parking with potential space for an RV, boat or recreational vehicles.Currently rented at $1,600 per month per unit, this property offers immediate rental income and flexibility for the future. Continue as an investment or explore the possibility of living in one side while renting the other.
Location
State OR
County Lane
Area _249
Zoning LD
Rooms
Basement Crawl Space
Interior
Heating Ceiling
Exterior
Garage Spaces 2.0
Roof Type Composition
Garage No
Building
Lot Description Level
Story 1
Sewer Public Sewer
Water Public Water
Level or Stories 1
Schools
Elementary Schools Douglas Gardens
Middle Schools Agnes Stewart
High Schools Springfield
Others
Acceptable Financing Cash, Conventional, FHA, VALoan
Listing Terms Cash, Conventional, FHA, VALoan
Nearby Locations
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