Springfield, OR 97478,495 52ND ST
Springfield, OR 97478,495 52ND ST
Springfield, OR 97478,495 52ND ST
38
Listed by Assist 2 Sell-Buyers & Sellers
Bought with Triple Oaks Realty LLC
$499,900
$499,900
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

1,600 SqFt

495 52ND ST Springfield, OR 97478

Est. payment /mo
SOLD DATE : 10/09/2025

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP

Key Details

Sold Price $499,900

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 1,600 sqft

Price per Sqft $312

MLS Listing ID 673727097

Sold Date 10/09/25

Year Built 1975

Annual Tax Amount $3,029

Tax Year 2024

Lot Size 8,712 Sqft

Property Description

Best Duplex Value in Lane County — Now Under $500K!Priced at $499,900, this Springfield duplex is offered As-Is and priced for a quick sale and close. It delivers strong income with long-term upside on a desirable corner lot. Each unit is a 2 bed/1 bath featuring updated kitchens and baths (2020 & 2022), indoor laundry, and private garages. The exterior was freshly painted in 2024, making this a turnkey, low-maintenance property.Both tenants are on month-to-month leases with professional management, producing reliable income today and offering flexibility for an owner-occupant. Current rents total ~$3,200+/month, giving investors nearly a 6% cap rate at the new price point.The property offers large front and oversized side yards, RV parking, and room for future additions or an ADU (buyer to verify). This combination of condition, cash flow, and expansion potential makes it one of the strongest duplex opportunities in the county. Conveniently located near schools, shopping, parks, and freeway access, this duplex offers both stability and growth potential. Whether you're a seasoned investor or a buyer looking to live in one unit while renting the other, this is a rare value.Seller is a Licensed Broker in the State of Oregon.

Location

State OR

County Lane

Area _239

Zoning R-1

Rooms

Basement Crawl Space

Interior

Heating Ceiling, Ductless

Cooling Wall Unit

Exterior

Garage Spaces 2.0

View Mountain, Trees Woods

Roof Type Composition

Garage No

Building

Lot Description Corner Lot, Trees

Story 1

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public Water

Level or Stories 1

Schools

Elementary Schools Riverbend

Middle Schools Agnes Stewart

High Schools Thurston

Others

Acceptable Financing Cash, Conventional, FHA, VALoan

Listing Terms Cash, Conventional, FHA, VALoan

Read Less


Regional Multiple Listing Service (RMLS)

GET MORE INFORMATION

Donna Jo Merrifield

Donna Jo Merrifield

Principal Broker, South/Central OR Area Leader, Dream & Key Group Team Leader | License ID: 971200102

+1(541) 981-1436

Name
Phone*
Message