495 52ND ST, Springfield, OR 97478
- $499,900
- 1,600
- SqFt
- Sold Price
- $499,900
- List Price
- $499,900
- Closing Date
- Oct 09, 2025
- Days on Market
- 62
- MLS#
- 673727097
- Property Type
- Multifamily
- Sqft. of Residence
- 1,600
- Lot Size
- 7, 000 to 9, 999 SqFt
- Region
- Lane Co: Thurston
- Status
- SOLD
Property Description
Best Duplex Value in Lane County — Now Under $500K!Priced at $499,900, this Springfield duplex is offered As-Is and priced for a quick sale and close. It delivers strong income with long-term upside on a desirable corner lot. Each unit is a 2 bed/1 bath featuring updated kitchens and baths (2020 & 2022), indoor laundry, and private garages. The exterior was freshly painted in 2024, making this a turnkey, low-maintenance property.Both tenants are on month-to-month leases with professional management, producing reliable income today and offering flexibility for an owner-occupant. Current rents total ~$3,200+/month, giving investors nearly a 6% cap rate at the new price point.The property offers large front and oversized side yards, RV parking, and room for future additions or an ADU (buyer to verify). This combination of condition, cash flow, and expansion potential makes it one of the strongest duplex opportunities in the county. Conveniently located near schools, shopping, parks, and freeway access, this duplex offers both stability and growth potential. Whether you’re a seasoned investor or a buyer looking to live in one unit while renting the other, this is a rare value.Seller is a Licensed Broker in the State of Oregon.
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Additional Information
- Tax Amount
- $3,029
- Year Built
- 1975
- High School
- Thurston
- Elementary School
- Riverbend
- Middle School
- Agnes Stewart
- Garage Spaces
- 2
- Acres
- 0.20
- Living Area
- 1,600
- Stories
- 1
- Terms
- Cash, Conventional, FHA, VA Loan
- Cooling Description
- Wall Unit(s)
- Fuel Description
- Electricity
- Heating Description
- Ceiling, Ductless
- Hoa Rent Includes
- None
- Hot Water Description
- Electricity
- Exterior Description
- Wood Siding
- Roof Type
- Composition
- Sewer Description
- Public Sewer
- View
- Mountain(s), Trees/Woods
- Parking
- Driveway, Garage
- Security Or Entry
- Security Lights
- Parking Description
- Driveway, Garage
- Number Of Units Total
- 2
- Unit Type One Baths Total
- 1
- Unit Type One Beds Total
- 2
- Unit Type One Rent
- 1595
- Unit Type One Sq Ft
- 800
- Unit Type One Units Total
- 1
- Unit Type Two Baths Total
- 1
- Unit Type Two Beds Total
- 2
- Unit Type Two Units Total
- 1
Mortgage Calculator
Listing courtesy of Assist 2 Sell-Buyers & Sellers. Selling Office: Triple Oaks Realty LLC.
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