1180 R ST

Springfield, OR 97477

$735,000

This fourplex in Springfield’s Hayden Bridge neighborhood includes four 2-bedroom, 1.5-bathroom units with in-unit laundry hookups and designated parking, all currently leased for immediate income. Conveniently positioned with access to shopping, restaurants, and public transit, the property demonstrates consistent rental performance. An adjacent fourplex on the same lot is also… Read MoreRead Less

Listing courtesy of ICON Real Estate Group.

Listing Snapshot

Days Online

Last Updated

Oct 6, 2025

Square Ft.

3,604

Lot Size

0.24 Acres

Year Built

1982

MLS Number

271732382

30 Days Snapshot Of 97477

$380k

-7%

(avg) sold price

-13%

homes sold

+23%

(avg) days on market

Snapshot

Area Map

Additional Details

Property Access

Road Surface Type: Paved

Building

Building Area Total: 3604, Built in 1982, Unit Type Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4

Expenses

Operating Expense: $10,788

Exterior Features

Exterior Description: T111Siding

Heating

Heating: Ceiling

Income

CAP Rate: 5.91, Gross Income: $54,240, Gross Rent Multiplier: 13.55, Net Operating Income: $43,452

Lot

Size Acres: 0.24, Size Range: SqFt10000to14999, Size Square Feet: 10,454, Size: 10,000 to 14,999 SqFt

Miscellaneous

Investor Information: AccordingToOwner, Leases

Parking

8 total parking spots

Property

Number Of Units Total: 4, Zoning: R2

Roof

Roof: Composition

Sewer

Sewer: PublicSewer

Taxes

Annual Amount: $5,988, Legal Description, Tax Year: 2024

Unit One

Actual Rent: $1,250, Area: 901, Features: Dishwasher, Refrigerator, Units Total: 1, 2 total bathrooms, 2 total bedroom

Unit Two

Actual Rent: $1,160, Area: 901, Features: Dishwasher, Refrigerator, Units Total: 1, 2 total bathrooms, 2 total bedroom

Unit Three

Actual Rent: $990, Area: 901, Features: Dishwasher, Refrigerator, Units Total: 1, 2 total bathrooms, 2 total bedroom

Unit Four

Actual Rent: $1,120, Area: 901, Features: Dishwasher, Refrigerator, Units Total: 1, 2 total bathrooms, 2 total bedroom

Utilities

Fuel Description: Electricity, Hot Water Description: Electricity, Water Source: PublicWater

Find The Perfect Home

'VIP' Listing Search

Whenever a listing hits the market that matches your criteria you will be immediately notified.

Join The List

Mortgage Calculator

Selling price

Down payment

Term (years)

Interest rate (%)

Monthly Payment

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than DC Real Estate are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS, Portland, Oregon.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

This content last updated on Oct 6, 2025. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
This content last updated on Oct 6, 2025. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Find My Dream Home

Put an experts eye on your home search! You’ll receive personalized matches of results delivered direct to you.

Preferred neighborhoods *

- First Name *
- Last Name *
Email *
Phone

I agree to receive a marketing communication via voice call, AI voice call, text message or similar automated means from Another killer site coming soon. Consent is not a condition of purchase. Msg/data rates may apply. Msg frequency varies. Reply STOP to unsubscribe. Privacy Policy *

1180 R ST

'VIP' Listing Search

Schools In The Area

Similar Listings

Find My Dream Home

1. Neighborhoods

2. Home Type

3. Send