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$599,000
1 Day On Site
231 S 40TH STSpringfield, 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




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Monthly Payment (Est.)
$2,733Calculator 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.
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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 ago | Listing updated with changes from the MLS® | |
yesterday | Listing 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
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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

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
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