1015 R Street

Sold 11/7/25

Last Sold Price

$700,000

3,520 sqft$199/sqft

1015 R St, Springfield, OR 97477

Description

This exceptional fourplex offers a rare combination of well-kept units, strong rental history, and highly sought-after amenities. Each of the four units features 2 bedrooms and 1 bathroom and comes with its own detached garage equipped with an automatic door opener and washer/dryer hookups inside the garage. Two of the units have been tastefully updated, while all have been carefully maintained. The exterior has been freshly painted, giving the property great curb appeal and reducing future maintenance...This exceptional fourplex offers a rare combination of well-kept units, strong rental history, and highly sought-after amenities. Each of the four units features 2 bedrooms and 1 bathroom and comes with its own detached garage equipped with an automatic door opener and washer/dryer hookups inside the garage. Two of the units have been tastefully updated, while all have been carefully maintained. The exterior has been freshly painted, giving the property great curb appeal and reducing future maintenance needs. With a proven rental history and an owner who has meticulously cared for the property for approximately 20 years, this is a reliable, low-risk investment. Whether you’re adding to your portfolio or looking for your first multifamily property, this 4-plex checks all the boxes: desirable unit mix, private garages, in-garage laundry hookups, strong occupancy track record, and recent updates.

LISTING CLOSED: 11/07/2025 12:00 AM

Listed by Sandra Boyst • ICON Real Estate Group • ICON@TheICONREGroup.com

Property Details for 1015 R Street

Status

Sold

MLS #

585782863

Days on Market

Taxes

$6,608 / year

HOA Fees

Condo/Co-op Fees

Property Type

Multi Family

MLS Type

Multi Family

Year Built

1978

Lot Size

0.23 AC / 10,018 SF

County

Lane County

Parking Features

Garage, Garage Door Opener

Zoning

Garage Spaces

4.00

Parking Total

4.00

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Location

Listing Courtesy of ICON Real Estate Group

Sold By Keller Williams Realty Eugene and Springfield

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Building Information for 1015 R Street

Stories2Residences4Year Built1978Building Size-Lot Size0.23 AC / 10,018 SF

Payment Calculator

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$4,109 per month

30 year fixed, 6.55% Interest

Principal and Interest

$3,558

Property Taxes

$551

HOA Dues

The Payment Calculator is for illustrative purposes only.

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Property Information for 1015 R Street

Summary

Location and General Information

Country: US
Directions: Q ST, L ON 10, R ON RST

Road Surface: Paved

School Information

Elementary School: Page
High School: Springfield

Middle Or Junior School: Briggs

Taxes and HOA

Management Name: NORTHWOODS PROPERTY MANANGER
Tax Year: 2024

Tax Annual Amount: $6,607.63
Parcel Number: 1187465
Tax Legal Description: 17-03-26-14-01704

Property

Lot Information

Acres: 0.23
Lot Description: Level

Lot Size Square Feet: 10018.0
Lot Size Range: Sq Ft10000to14999
Lot Size: 10,000 to 14,999 Sq Ft

Property and Assessments

Property Type: Multi Family
Water Description: Public Water

Property Condition: Existing
Year Built: 1978

Utilities

Cooling Description: None
Fuel Description: Electricity

Heating Description: Ceiling, Zoned
Hot Water Description: Electricity
Sewer Description: Public Sewer
Rent Includes: Sewer, Trash Collection, Water

Interior and Exterior Features

Exterior Features

Exterior Description: T111Siding
Roof Type: Composition

Interior Features

Basement: Crawl Space
Foundation Details: Concrete Perimeter

Stories: 2

Multi Family

Multi-Family Information

Number Of Units Total: 4
Gross Income Actual: $65,760.00

Gross Rent Multiplier: $10.64
Investor Information: According To Owner
Net Income Actual: $41,448.00
Operating Expenses Projected: $17,968.00
Operating Expense: $17,968.00
Storage: Garage
Unit Type Type: Unit Type Type1, Unit Type Type2, Unit Type Type3, Unit Type Type4
SqFt Approximate Building Total: 3520

Unit 1 Information

Unit Type 1 Baths Total: 1
Unit Type 1 Baths Decimal: 1.00

Unit Type 1 Beds Total: 2
Unit Type 1 Features: Dishwasher, Range, Refrigerator, Washer Dryer Hookup
Unit Type 1 Rent: $1,495
Unit Type 1 SqFt: 880.0
Unit Type 1 Units Total: 1

Unit 2 Information

Unit Type 2 Baths Total: 1
Unit Type 2 Baths Decimal: 1.00

Unit Type 2 Beds Total: 2
Unit Type 2 Features: Dishwasher, Range, Refrigerator, Washer Dryer Hookup
Unit Type 2 Rent: $1,495
Unit Type 2 SqFt: 880.0
Unit Type 2 Units Total: 1

Unit 3 Information

Unit Type 3 Baths Total: 1
Unit Type 3 Baths Decimal: 1.00

Unit Type 3 Beds Total: 2
Unit Type 3 Features: Dishwasher, Range, Refrigerator, Washer Dryer Hookup
Unit Type 3 Rent: $1,140
Unit Type 3 SqFt: 880.0
Unit Type 3 Units Total: 1

Unit 4 Information

Unit Type 4 Baths Total: 1
Unit Type 4 Baths Decimal: 1.00

Unit Type 4 Beds Total: 2
Unit Type 4 Features: Dishwasher, Range, Refrigerator, Washer Dryer Hookup
Unit Type 4 Rent: $1,350
Unit Type 4 SqFt: 880
Unit Type 4 UnitsTotal: 1

Property History for 1015 R Street

Date	Event & Source	Price	Appreciation
Nov 6, 2025	Sold (Public Record) Public Record #1918213377	$700,000	+3.4% / yr
Aug 15, 2006	Sold (Public Record) Public Record #200367498	$370,000	+17.7% / yr
Aug 16, 2005	Sold (Public Record) Public Record #162453882	$314,500	—

Date	Event & Source	Price
11/06/2025	Sold (Public Record) Public Record #1918213377	$700,000 +3.4% / yr
08/15/2006	Sold (Public Record) Public Record #200367498	$370,000 +17.7% / yr
08/16/2005	Sold (Public Record) Public Record #162453882	$314,500

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1015 R Street

Taxable ValueLand-Additions-Total-

Tax Record2025$6,716 ($560 / month)

Home Facts

Baths4Total Finished SqFt3,520 SqFtAbove Grade Finished SqFt3,520 SqFtStories2Lot Size10,019 SqFtStyleQuadraplexYear Built1978Year Renovated1984ZoningMD- MEDIUM DECountyLANEAPN17-03-26-14-01704-000

Schools near 1015 R Street

This home is within Springfield School District 19.


Rating	School	Type	Grades	Distance
4/10	Elizabeth Page Elementary School	Public - Serves this home	K to 5	0.5 mi
6/10	Briggs Middle School	Public - Serves this home	6 to 8	1.2 mi
4/10	Springfield High School	Public - Serves this home	9 to 12	0.6 mi
NR	Gateways High School	Public - Nearby school	9 to 12	1.2 mi
7/10	Academy Of Arts And Academics	Public - Choice school	9 to 12	1.2 mi
NR	Goshen Elementary School	Public - Nearby school	K to 8	4.7 mi
NR	United States Basketball Institute	Private - Nearby school	9 to 11	0.9 mi


Rating	School	Distance
4/10	Elizabeth Page Elementary School PublicK to 5 Serves this home	0.5 mi
6/10	Briggs Middle School Public6 to 8 Serves this home	1.2 mi
4/10	Springfield High School Public9 to 12 Serves this home	0.6 mi
NR	Gateways High School Public9 to 12 Nearby school	1.2 mi
7/10	Academy Of Arts And Academics Public9 to 12 Choice school	1.2 mi
NR	Goshen Elementary School PublicK to 8 Nearby school	4.7 mi
NR	United States Basketball Institute Private9 to 11 Nearby school	0.9 mi

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

Address	Sold price	Beds	Baths	Sqft	Lot (Sqft)
This home: 1015 R Street, Springfield, OR 97477	$700,000	–	–	3,520	10,018
1889 10th Street, Unit B, Springfield, OR 97477	$260,000	–	4	3,137	7,841
1837 10th Street, Springfield, OR 97477	$200,000	–	4	3,520	10,019
1016 R Street, Springfield, OR 97477	$410,000	–	4	3,520	10,890
1044 Q Street, Springfield, OR 97477	$450,000	–	–	–	–
1920 10th Street, Springfield, OR 97477	$415,000	–	2	1,710	9,148
1058 Q Street, Springfield, OR 97477	–	3	3	2,147	37,462
1024 R Street, Springfield, OR 97477	$445,000	–	–	–	–
1842 10th Street, Springfield, OR 97477	–	–	4	2,317	8,712
1946 10th Street, Springfield, OR 97477	–	–	2	1,710	9,148
1903 10th Street, Springfield, OR 97477	$545,000	–	4	3,520	11,326
1074 Q Street, Springfield, OR 97477	–	3	2	1,797	15,246
972 Fuchsia Street, Springfield, OR 97477	$206,200	3	2	1,464	9,148
1107 R Street, Springfield, OR 97477	–	–	2	2,636	7,405
1038 R Street, Springfield, OR 97477	–	–	–	–	30,056

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of ICON Real Estate Group

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 web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than Compass are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright © 2026 RMLS, Portland, Oregon. Last updated: 11/07/2025 02:32 PM

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