1. Oregon
  2. Springfield
  3. 275 S 40TH Pl
$460,000

275 S 40TH Pl, Springfield, OR 97478

  • 2,076 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1976
  • Property Lot Size Icon7,841sqft lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $222/sqft
  • Property List Date Icon Listed 10 days ago

Property Description

Investor Alert: Duplex's two units are being sold together. Welcome to 275/273 S. 40th Pl, a well-maintained duplex nestled in a quiet cul-de-sac in one of Springfield's central neighborhoods. Each unit offers 2 spacious upstairs bedrooms, 1 bathroom upstairs, a half bath downstairs, and approximately 1,038 sq ft of comfortable living space with vaulted ceilings in the living rooms. The property features deep one-car garages with washer/dryer hookups (laundry appliances not included) and fully fenced, generously sized backyards—perfect for outdoor activities. One unit (275) has been updated with newer flooring and a refreshed kitchen, adding modern appeal. Whether you're looking to live in one unit and rent the other or expand your investment portfolio, this property provides excellent income potential, with current long-term tenants renting on a month-to-month basis. Conveniently located just minutes from schools, parks, bike paths, shopping, and downtown Springfield, with easy access to major highways. Enjoy the charm and lifestyle of the Willamette Valley while making a smart, versatile investment. Don't miss out on this exceptional duplex—schedule your showing today! 24-hour advance scheduling is in place. PLEASE DO NOT DISTURB TENANTS

Listing Status:
Pending
Date Added:
May 28, 2025 at 05:00AM
Listing Office:
Valley Real Estate : 541-747-9971
Listing Agent:
Dave Lacy : 541-222-9139
MLS ID:
677190226

This listing courtesy of Dave Lacy, Valley Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

D

Douglas Gardens Elementary School

3680 Jasper Rd, Springfield, OR, 97478

Grades KG-5

0.63 miles away

A

Agnes Stewart Middle School

900 S 32nd St, Springfield, OR, 97478

Grades 6-8

0.83 miles away

S

Springfield High School

875 7th St, Springfield, OR, 97477

Grades 9-12

2.45 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.