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1194 R ST

Springfield, OR 97477
$735,000
Investor alert! This fourplex is conveniently located on the end of a dead-end street near shopping, restaurants, and bus-line making it the perfect opportunity. All units are currently rented. Spacious lot, each offering 2 bedrooms/2 bathrooms, on site laundry/storage facilities, and ample private parking.
Listing courtesy of ICON Real Estate Group.
Listing Snapshot
Days Online
74
Last Updated
Lot Size
0.24 Acres
Year Built
1982
MLS Number
756734571
30 Days Snapshot Of 97477
$396k
-6%
(avg) sold price
31
-13%
homes sold
39
+56%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road Surface Type: Paved
Building
Built in 1982, Unit Type Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4
Expenses
Operating Expense: $10,725
Exterior Features
Exterior Description: T111Siding
Heating
Heating: Ceiling
Income
CAP Rate: 6.9, Gross Income: $60,360, Gross Rent Multiplier: 12.18, Net Operating Income: $50,714
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
Property
Number Of Units Total: 4, Zoning: R-2
Roof
Roof: Composition
Sewer
Sewer: PublicSewer
Taxes
Annual Amount: $6,108, Legal Description, Tax Year: 2024
Unit One
Actual Rent: $1,110, Area: 901, Units Total: 1, 2 total bathrooms, 2 total bedroom
Unit Two
Actual Rent: $1,200, Area: 901, Units Total: 1, 2 total bathrooms, 2 total bedroom
Unit Three
Actual Rent: $1,200, Area: 901, Units Total: 1, 2 total bathrooms, 2 total bedroom
Unit Four
Actual Rent: $1,210, Area: 901, Units Total: 1, 2 total bathrooms, 2 total bedroom
Utilities
Fuel Description: Electricity, Water Source: PublicWater
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Ryan Arcuri
Broker
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Schools In The Area

Check out nearby schools with ratings and contact info.
Elizabeth Page Elementary School 541-744-6407 Public KG-5
Briggs Middle School 541-744-6350 Public 6-8
Springfield High School 541-744-4700 Public 9-12
Elizabeth Page Elementary School 541-744-6407 Public KG-5
Elizabeth Page Elementary School 541-744-6407 Public KG-5
Briggs Middle School 541-744-6350 Public 6-8
Springfield High School 541-744-4700 Public 9-12

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