Sold
Last Sold Price
$250,000

1251 R St, Springfield, OR 97477

Description

Very new apartment building, built in 1995. No vacancy. Great investment and good location.Very new apartment building, built in 1995. No vacancy. Great investment and good location.
1995Year Built
15 carsParking Spaces
  • Listed by: Seung Choi • Coldwell Banker Advantage One
Listing closed: 05/15/2012 12:00 AM
Source: RMLS, MLS#: 11192986
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Recent comparable sales

Median sold price

$496,000

Avg days on market

82

Sale-to-list ratio

92.7%

Springfield, OR

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Sold 02/25/26

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Location

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$1,647 per month

Principal and Interest

$1,335

Property Taxes

$313

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Property information

1251 R Street

Property Details

  • Taxes: $3,750 / year
  • MLS Type: Sale / Residential / Building / QUADRUPLEX / 4 / 4

Building Information

  • Stories: 2
  • Residences: 4
  • Year Built: 1995

Summary

Location and General Information

  • Area: Lane Co: Springfield
  • Country: US
  • Directions: Pioneer Pkwy, to Q, to N 10th, to R

Parking

  • Garage Or Parking Spaces: 15

Virtual Tour

  • Video Virtual Tour 1 Y/N: No

Property

Lot Information

  • Zoning: MD

Property and Assessments

  • Water Description: Public

Utilities

  • Fuel Description: Electricity
  • Heating Description: Wall Furnace
  • Hot Water Description: Electricity
  • Sewer Description: Public Sewer

Interior and Exterior Features

Interior Features

  • View Y/N: No

Multi Family

Multi-Family Information

  • Gross Income Actual: $30,000
  • Gross Income Projected: $30,000
  • Gross Rent Multiplier: 10
  • Net Income Actual: $0
  • Operating Expenses Actual: $0
  • SqFt Approximate Building Total: 3552
  • Unit Features: Dishwasher, Disposal, Refrigerator
  • Unit Type Type: 1, 2, 3, 4

Unit 1

  • Unit Type 1 Baths Total: 2
  • Unit Type 1 Beds Total: 2
  • Unit Type 1 Features: Dishwasher, Disposal, Refrigerator
  • Unit Type 1 Rent: $625
  • Unit Type 1 Units Total: 1

Unit 2

  • Unit Type 2 Baths Total: 2
  • Unit Type 2 Beds Total: 2
  • Unit Type 2 Features: Dishwasher, Disposal, Refrigerator
  • Unit Type 2 Rent: $625
  • Unit Type 2 Units Total: 1

Unit 3

  • Unit Type 3 Baths Total: 2
  • Unit Type 3 Beds Total: 2
  • Unit Type 3 Features: Dishwasher, Disposal, Refrigerator
  • Unit Type 3 Rent: $625
  • Unit Type 3 Units Total: 1

Unit 4

  • Unit Type 4 Baths Total: 2
  • Unit Type 4 Beds Total: 2
  • Unit Type 4 Features: Dishwasher, Disposal, Refrigerator
  • Unit Type 4 Rent: $625
  • Unit Type 4 UnitsTotal: 1

Property History

1251 R Street

DateEventPrice
May 8, 2012

Sold (Public Record)

Public Record #330223683

$250,000
Jan 16, 2002

Sold (Public Record)

Public Record #82948436

$262,500
DateEventPrice
05/08/2012

Sold (Public Record)

Public Record #330223683

$250,000

-0.5% / yr

01/16/2002

Sold (Public Record)

Public Record #82948436

$262,500

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

Public records

1251 R Street

Baths

6

Total Finished SqFt

3,552 SqFt

Above Grade Finished SqFt

3,552 SqFt

Stories

2

Lot Size

10,890 SqFt

Style

Quadraplex

Schools

Near 1251 R Street

This home is within Springfield School District 19.

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

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 1251 R Street, Springfield, OR 97477
$250,000
–
–
–
–
$250,000
–
–
–
–
–
–
8
3,732
11,761
–
–
–
–
8,611
–
–
–
–
18,800
–
2
2
1,055
7,841

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 Coldwell Banker Advantage One

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: 06/27/2012 08:01 AM