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$699,000

For Sale

2 months ago

608 4Th St, Springfield, OR

House

MLS® 479826573

0 Bed

0 Bath

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  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size -
Garage 
Taxes $2,855
Days Active 48
Lot Size 0.24 Acres
Approx. Age 1910
MLS® Number 479826573

Property Address: 608 4th St, Springfield, OR, 97477-3997

Average square foot calculated using Size range provided by listing agent.

Description

Outstanding investment opportunity in the heart of Springfield's desirable Washburne District. Situated on a corner lot with alley access, this well-maintained fourplex offers excellent income potential with the added possibility of future development. The City has indicated there may be room to build a duplex on the west side of the property; buyers are encouraged to perform their own due diligence regarding development potential.The property consists of four one-bedroom, one-bath units, each featuring a living room and kitchen. One of the four units have been substantially updated, with Unit 1 receiving a beautiful, complete remodel that includes red oak hardwood floors, granite countertops, all-new appliances, new electrical, and a new sink and toilet. Unit 2 features new flooring, appliances, windows, base cabinets, and countertops. Unit 3 has new laminate flooring and carpet, while Unit 4 offers red oak hardwood floors and vinyl windows.Additional improvements include a new roof installed in 2023, vinyl windows, a new water heater, and a shared laundry room with a new coin-operated washer and dryer. Tenants also enjoy abundant off-street concrete parking and the convenience of a Level 2 electric vehicle charger. The property is zoned Medium Density Residential, offering excellent long-term investment potential. Shown by accepted offer only.Seller pays $70 per month for exterminator, $23 gas, $36 electric, $100 gardener, $125 maid service for common areas. Laundry income is $70 per month.
MLS® Number479826573
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1910
BasementCrawl Space
DrivewayPaved
Garage Spaces
HeatBaseboard, Wall Heater
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 4, 2026List Date
$699,000List Price
  • Commute

Commute

Starting Address
Destination Address
608 4Th St, Springfield, OR

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