Save
Ask
Tour
Hide
Share
$599,000
1 Day On Site

231 S 40TH ST
Springfield, OR 97478

For Sale|Multi Family|Active
9
Beds
4
Total Baths
3,158
SqFt
$190
/SqFt
1973
Built
County:
Lane
Listing courtesy of Shelly Iverson of Joi Real Estate 5415793605
231 S 40TH ST231 S 40TH ST231 S 40TH ST231 S 40TH ST
Save
Ask
Tour
Hide
Share

Mortgage Calculator

Monthly Payment (Est.)

$2,733
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2025 Information is deemed reliable but not guaranteed.

New To Market!-Prime Investment Opportunity! This well-maintained quadplex in Springfield is just off Main Street and sits on a spacious lot with private parking-2 spots per unit. Property features include: Three 2 bed/1 bath units & One 3 bed/1 bath unit, shared laundry on the first floor and a history of low to no vacancy. Perfect for seasoned investors or those looking to grow their portfolio with a solid, income-generating property.

Save
Ask
Tour
Hide
Share
Listing Snapshot
Price 
$599,000
Days On Site 
1 Day
Bedrooms 
9
Inside Area (SqFt) 
3,158 sqft
Total Baths 
4
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.23 Acres
Year Built 
1973
MLS® Number 
163907285
Status 
Active
Property Tax 
$5,232.93
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 hours agoListing updated with changes from the MLS®
yesterdayListing first seen on site
General Features
Acres 
0.23
Foundation 
Slab
Number Of Stories 
2
Parking 
AssignedPaved
Parking Spaces 
8
Property Sub Type 
Multi Family
Sewer 
Public Sewer
SqFt Total 
3158
Water Source 
Public
Zoning 
R2
Interior Features
Basement 
None
Heating 
Ceiling
Laundry Features 
Common Area
Save
Ask
Tour
Hide
Share
Exterior Features
Lot Features 
Level
Roof 
Composition
Community Features
Financing Terms Available 
CashConventional
MLS Area 
_249
Roads 
Paved
Schools
School District
Unknown
Elementary School
Douglas Gardens
Middle School
Agnes Stewart
High School
Springfield
Listing courtesy of Shelly Iverson of Joi Real Estate 5415793605



The content relating to real estate for sale on this website comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than 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. Some properties which appear for sale on this website may subsequently have sold or may no longer be available.

Last checked 2025-07-31 11:10 PM PDT.

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

Neighborhood & Commute
Source: Walkscore
Save
Ask
Tour
Hide
Share