1015 R St

Springfield, OR 97477

$700,000
Last Sold Price
—
Beds
—
Baths
3,520 Sq. Ft.
$199 / Sq. Ft.
3,520
Sq. Ft.
$199
per Sq. Ft.
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Sold 11/7/25
Sold 11/7/25
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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.
  1. Listed by Sandra Boyst • ICON Real Estate Group • ICON@TheICONREGroup.com

Property Details for 1015 R Street

Parking Features
Garage, Garage Door Opener
Zoning
R2
Garage Spaces
4.00
Parking Total
4.00
LISTING CLOSED: 11/07/2025 12:00 AM

Property Details for 1015 R Street

StatusSold
MLS #585782863
Days on Market1
Taxes$6,608 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti Family
Year Built1978
Lot Size0.23 AC / 10,018 SF
CountyLane County
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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

$0

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

DateEvent & SourcePriceAppreciation
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—
DateEvent & SourcePrice
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
Elizabeth Page Elementary School
Public - K to 5
Briggs Middle School
Public - 6 to 8
Springfield High School
Public - 9 to 12
Gateways High School
Public - 9 to 12
Rating
School
Distance
Elizabeth Page Elementary School
PublicK to 5

Briggs Middle School
Public6 to 8

Springfield High School
Public9 to 12

Gateways High School
Public9 to 12

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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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