$500000
4 Bed
2 Bath
1500 SqFt
3 DOM
Built: 1942
Status: Active
DO NOT DISTURB TENANTS. Turn key multi family property in the heart of Springfield ready to cash flow for the next owner. Sellers have completed extensive remodel in 2023 which included: New roof, int/ext paint, flooring, electrical, plumbing, heating & AC, crawlspace insulation & vapor guard, new attic insulation, bathrooms, kitchens, ect. Front house rents for $1,795, apartment over garage rents for $1,295 & is eligible for increase. Both units are M2M. House tenant moved in 12/2025. Property is likely eligible for 1-4 more units, buyer to verify with city. LOW taxes! Sellers are licensed realtors in Oregon.
Listing Provided Courtesy of Tim Duncan, Tim Duncan Real Estate
236528166
3 DOM
4
7840.8 SqFt
2
1500
1942
R1
Lane
0125276
Douglas Gardens
Agnes Stewart
Springfield
MultiFamily
17-02-31-44-01621
Listing Provided Courtesy of Tim Duncan, Tim Duncan Real Estate
PDXA1 Realty Group data last checked: Dec 17, 2025 01:07 | Listing last modified Dec 17, 2025 00:17,
Source:
1500
4
2
Composition
Driveway
2
1942
No
LapSiding
CrawlSpace
CrawlSpace
MiniSplit
Electricity
Ductless, WallHeater
PublicSewer
Electricity
Electricity
2800.96
None
Cash,Conventional,FHA,VALoan
12-14-2025
No
No
3
3
Cash,Conventional,FHA,VALoan
$500,000
$500,000
Dec 17, 2025 00:17
Listing courtesy of Tim Duncan Real Estate.
The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon.
Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and
detailed information about these properties include the name of the listing's broker.
Listing content is copyright © 2019 RMLS of Portland, Oregon.
All information provided is deemed reliable but is not guaranteed and should be independently verified.
PDXA1 Realty Group data last checked: Dec 17, 2025 01:07 | Listing last modified Dec 17, 2025 00:17.
Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Venkat is a very good negotiator. He was quick to respond, when I had questions. He came to all the meetings with the seller and provided valuable inputs on inspections and mortgage options. Overall, I was impressed and would love to work with him again.
Venkat is very professional and has tremendous knowledge in the real estate industry. He was always available to discuss and made time to visit the construction site several times during the course. I was looking at a new construction and had to wait for the property to be built.
Muthu has good knowledge about the community and understands the needs of his customers. He helped us sell our house in record time and followed up with the buyer and the agent until the complete closure. We received multiple offers and Muthu negotiated well and helped us decide on the buyer.
Venkat Muthu is a wonderful person to go with. Very friendly and advices as per the need and gives his service and support where and when needed and some times going beyond. Really happy to share the review and I highly recommend if anyone is looking for any homes.
Venkat is great to work with as realtor. He is very patient and listens to the requests of the buyer or seller and doesn’t push as t any point of time. He has a good understanding of the market situation and location for investments as well. All this comes from experience with him recently buying a home.
Whether you’re looking to buy your dream home, sell your property for the best price, or explore investment opportunities, PDXA1 Realty Group is here to help. With expertise, personalized service, and a commitment to your goals, we’ll guide you every step of the way. Contact us today at (971) 330-1856 let’s start the conversation!
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