1217 R Street

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$1,300,000
6,784 sqft$192/sqft
1217 R St, Springfield, OR 97477
Est: $7,546/moGet pre-approved

Description

Two 4 plex's on 2 legal lots. Extremely well managed with impressive and durable income. Two paved parking spots for each unit. Onsite laundry facility & storage areas for each unit. Many units updated with newer floorcoverings, paint and appliances. Good proximity to bus line, ample shopping and the EWEB bike path.Two 4 plex's on 2 legal lots. Extremely well managed with impressive and durable income. Two paved parking spots for each unit. Onsite laundry facility & storage areas for each unit. Many units updated with newer floorcoverings, paint and appliances. Good proximity to bus line, ample shopping and the EWEB bike path.
LISTING UPDATED: 08/26/2026 12:37 PM

  1. Listed by Michael Sims • RE/MAX Integrity • 541-345-8100
  2. Listed by Jon Sims • RE/MAX Integrity

Property Details for 1217 R Street

Status
Active
MLS #
471020697
Days on Market
Listed Today
Taxes
$11,257 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
Multi Family
MLS Type
Multi Family
Year Built
1991
Lot Size
0.39 AC / 16,988 SF
County
Lane County
Parking Features
Paved
Zoning
R2
Parking Total
16.00

Location

Listing Courtesy of RE/MAX Integrity
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Building Information for 1217 R Street

Stories2Residences8Year Built1991Building Size-Lot Size0.39 AC / 16,988 SF

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$7,546 per month

30 year fixed, 6.55% Interest

Principal and Interest

$6,608

Property Taxes

$938

HOA Dues

$0

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Property Information for 1217 R Street

Summary
Location and General Information
  • Country: US
  • Directions: Q st north on 10th East on R to Property
  • Road Surface: Paved
School Information
  • Elementary School: Page
  • High School: Springfield
  • Middle Or Junior School: Briggs
Taxes and HOA
  • Management Name: Northwood Property Management
  • Tax Year: 2025
  • Tax Annual Amount: $11,256.87
  • Parcel Number: 1458726
  • Parcel Number 2: 1578713
  • Tax Legal Description: Map & Taxlot # 17-03-26-14-03606 & Map & Taxlot# 17-03-26-14-03605
Property
Lot Information
  • Acres: 0.39
  • Lot Description: Level
  • Lot Size Square Feet: 16988.0
  • Lot Size Range: Sq Ft15000to19999
  • Lot Size: 15,000 to 19,999 Sq Ft
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Public Water
  • Property Condition: Existing
  • Year Built: 1991
Utilities
  • Cooling Description: None
  • Fuel Description: Electricity
  • Heating Description: Zoned
  • Hot Water Description: Electricity
  • Sewer Description: Public Sewer
  • Rent Includes: Maintenance Grounds, Trash Collection
Interior and Exterior Features
Exterior Features
  • Exterior Description: T111Siding
  • Roof Type: Composition
Interior Features
  • Basement: Crawl Space
  • Foundation Details: Concrete Perimeter, Pillar Post Pier
  • Stories: 2
Amenities
Amenities Information
  • Internet Service Type: Cable
Multi Family
Multi-Family Information
  • Number Of Units Total: 8
  • Gross Income Actual: $126,132.00
  • Gross Rent Multiplier: $10.31
  • Investor Information: Annual Property Operation Data, Leases, Maintenance Records Available, Rent Records
  • Net Income Actual: $104,784.00
  • Operating Expense: $21,348.00
  • Security Features: Unknown
  • Storage: Individual Storage Units
  • Unit Type Type: Unit Type Type1, Unit Type Type2, Unit Type Type3, Unit Type Type4, Unit Type Type5, Unit Type Type6, Unit Type Type7, Unit Type Type8
  • Common Amenities: Laundry
  • SqFt Approximate Building Total: 6784
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, Storage
  • Unit Type 1 Rent: $1,395
  • Unit Type 1 SqFt: 848.0
  • 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, Storage
  • Unit Type 2 Rent: $1,295
  • Unit Type 2 SqFt: 848.0
  • 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, Storage
  • Unit Type 3 Rent: $1,495
  • Unit Type 3 SqFt: 848.0
  • 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, Storage
  • Unit Type 4 Rent: $1,145
  • Unit Type 4 SqFt: 848
  • Unit Type 4 UnitsTotal: 1
Unit 5 Information
  • Unit Type 5 Baths Total: 1
  • Unit Type 5 Baths Decimal: 1.00
  • Unit Type 5 Beds Total: 2
  • Unit Type 5 Features: Dishwasher, Range, Refrigerator, Storage
  • Unit Type 5 Rent: $1,366
  • Unit Type 5 SqFt: 848.0
  • Unit Type 5 Units Total: 1
Unit 6 Information
  • Unit Type 6 Baths Total: 1
  • Unit Type 6 Baths Decimal: 1.00
  • Unit Type 6 Beds Total: 2
  • Unit Type 6 Features: Dishwasher, Range, Refrigerator, Storage
  • Unit Type 6 Rent: $1,295
  • Unit Type 6 SqFt: 848.0
  • Unit Type 6 Units Total: 1
Unit 7 Information
  • Unit Type 7 Baths Total: 1
  • Unit Type 7 Baths Decimal: 1.00
  • Unit Type 7 Beds Total: 2
  • Unit Type 7 Features: Dishwasher, Range, Refrigerator, Storage
  • Unit Type 7 Rent: $1,225
  • Unit Type 7 SqFt: 848
  • Unit Type 7 Units Total: 1
Unit 8 Information
  • Unit Type 8 Baths Total: 1
  • Unit Type 8 Baths Decimal: 1.00
  • Unit Type 8 Beds Total: 2
  • Unit Type 8 Features: Dishwasher, Range, Refrigerator, Storage
  • Unit Type 8 Rent: $1,295
  • Unit Type 8 SqFt: 848.0
  • Unit Type 8 Units Total: 1

Public Records for 1217 R Street

Taxable ValueLand-Additions-Total-
Tax Record2025$5,511 ($459 / month)
Home Facts
Lot Size8,276 SqFtStyleMulti-Family Dwelling (2-4)ZoningMDCountyLANEAPN1458726

Schools near 1217 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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More information about 1217 R Street, Springfield, OR 97477

1217 R Street is a multi-family home for sale in Springfield, OR 97477. This listing's school district is Springfield School District 19. Nearby schools include Elizabeth Page Elementary School, Briggs Middle School and Springfield High School. 1217 R Street is a 0-bed, 0-bath, 6,784 sqft multi-family home built in 1991.

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 RE/MAX Integrity

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: 08/26/2026 12:37 PM