1287 R St

Springfield, OR 97477

$1,400,000
Price
—
Beds
—
Baths
7,562 Sq. Ft.
$185 / Sq. Ft.
7,562
Sq. Ft.
$185
per Sq. Ft.
a car parked in front of a building
an aerial view of residential houses with outdoor space
a front view of a house with a yard
a view of a house with a outdoor space
a view of a car parked in front of a house
an aerial view of a house with a yard
an aerial view of a house with a garden
a open dining room with stainless steel appliances a sink table and chairs
a kitchen with a sink cabinets and window
a bathroom with a sink a vanity and a mirror
a view of a house with backyard and porch
a kitchen with a refrigerator and a sink
a view of a chairs and table in a patio
a living room with furniture and a flat screen tv
a kitchen with stainless steel appliances kitchen island granite countertop a sink and cabinets
a utility room with dryer and washer
a living room with furniture and a flat screen tv
a bathroom with a sink a toilet and a shower curtain
a view of hallway with stairs and furniture
a utility room with dryer and washer
view of living room with furniture
a picture of floor plan

Description

Investment Alert! 8-unit multi-family complex featuring covered assigned parking for residents, security gate, and video system installed. Plenty of storage for owner and tenants needs. The units feature LVP flooring, updated appliances, washer/dryer hookups with individual laundry rooms inside the units, and great backyard spaces for the residents.Investment Alert! 8-unit multi-family complex featuring covered assigned parking for residents, security gate, and video system installed. Plenty of storage for owner and tenants needs. The units feature LVP flooring, updated appliances, washer/dryer hookups with individual laundry rooms inside the units, and great backyard spaces for the residents.

Property Details for 1287 R Street

Parking Features
Assigned, Covered
Zoning
R2
Parking Total
14.00
LISTING UPDATED: 10/28/2025 09:55 AM

Property Details for 1287 R Street

StatusActive
MLS #510726720
Days on Market79
Taxes$13,661 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1993
Lot Size0.41 AC / 17,859 SF
CountyLane County

Location

Listing Courtesy of Emerald Property Management In
Add your commute

Building Information for 1287 R Street

Stories2Residences8Year Built1993Building Size-Lot Size0.41 AC / 17,859 SF

Payment Calculator

$8,056 per month

30 year fixed, 6.28% Interest

Principal and Interest

$6,918

Property Taxes

$1,138

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1287 R Street

Summary
Location and General Information
  • Country: US
  • Directions: R Street Springfield
  • Road Surface: Paved
School Information
  • Elementary School: Page
  • High School: Springfield
  • Middle Or Junior School: Briggs
Taxes and HOA
  • Management Name: Emerald Property Management
  • Tax Year: 2025
  • Tax Annual Amount: $13,661.31
  • Parcel Number: 1184215
  • Tax Legal Description: 17-03-26-14-03101
Property
Lot Information
  • Acres: 0.41
  • Lot Size Square Feet: 17859.0
  • 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: 1993
Utilities
  • Cooling Description: None
  • Fuel Description: Electricity
  • Heating Description: Wall Heater
  • Hot Water Description: Electricity
  • Sewer Description: Public Sewer
  • Rent Includes: Maintenance Grounds, Trash Collection
Interior and Exterior Features
Exterior Features
  • Exterior Description: Wood Siding
  • Roof Type: Composition
Interior Features
  • Basement: None
  • Foundation Details: Slab
  • Stories: 2
Multi Family
Multi-Family Information
  • Number Of Units Total: 8
  • Gross Income Actual: $99,600.00
  • Gross Income Projected: $114,000.00
  • Gross Rent Multiplier: $14.06
  • Investor Information: Maintenance Records Available, Profit Loss Statement, Rent Records
  • Net Income Actual: $78,600.00
  • Net Income Projected: 90500
  • Operating Expenses Projected: $23,500.00
  • Operating Expense: $21,000.00
  • Security Features: Entry, Security Gate, Security System Owned
  • Storage: Locked
  • 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
  • SqFt Approximate Building Total: 7562
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: $1,150
  • Unit Type 1 SqFt: 755.0
  • Unit Type 1 Units Total: 1
Unit 2 Information
  • Unit Type 2 Baths Total: 2
  • Unit Type 2 Baths Decimal: 1.10
  • Unit Type 2 Beds Total: 2
  • Unit Type 2 Features: Dishwasher, Range, Refrigerator, Washer Dryer Hookup
  • Unit Type 2 Rent: $1,150
  • Unit Type 2 SqFt: 1000.0
  • Unit Type 2 Units Total: 1
Unit 3 Information
  • Unit Type 3 Baths Total: 2
  • Unit Type 3 Baths Decimal: 1.10
  • Unit Type 3 Beds Total: 2
  • Unit Type 3 Features: Dishwasher, Range, Refrigerator, Washer Dryer Hookup
  • Unit Type 3 Rent: $1,295
  • Unit Type 3 SqFt: 1000.0
  • 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: $1,150
  • Unit Type 4 SqFt: 755
  • Unit Type 4 UnitsTotal: 1
Unit 5 Information
  • Unit Type 5 Baths Total: 2
  • Unit Type 5 Baths Decimal: 1.10
  • Unit Type 5 Beds Total: 2
  • Unit Type 5 Features: Dishwasher, Range, Refrigerator, Washer Dryer Hookup
  • Unit Type 5 Rent: $1,125
  • Unit Type 5 SqFt: 1000.0
  • Unit Type 5 Units Total: 1
Unit 6 Information
  • Unit Type 6 Baths Total: 2
  • Unit Type 6 Baths Decimal: 1.10
  • Unit Type 6 Beds Total: 2
  • Unit Type 6 Features: Dishwasher, Range, Refrigerator, Washer Dryer Hookup
  • Unit Type 6 Rent: $1,095
  • Unit Type 6 SqFt: 1000.0
  • Unit Type 6 Units Total: 1
Unit 7 Information
  • Unit Type 7 Baths Total: 2
  • Unit Type 7 Baths Decimal: 1.10
  • Unit Type 7 Beds Total: 2
  • Unit Type 7 Features: Dishwasher, Range, Refrigerator, Washer Dryer Hookup
  • Unit Type 7 Rent: $1,095
  • Unit Type 7 SqFt: 1000
  • Unit Type 7 Units Total: 1
Unit 8 Information
  • Unit Type 8 Baths Total: 2
  • Unit Type 8 Baths Decimal: 1.10
  • Unit Type 8 Beds Total: 2
  • Unit Type 8 Features: Dishwasher, Range, Refrigerator, Washer Dryer Hookup
  • Unit Type 8 Rent: $1,150
  • Unit Type 8 SqFt: 1000.0
  • Unit Type 8 Units Total: 1

Schools near 1287 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 1287 R Street, Springfield, OR 97477

1287 R Street is a multi-family home for sale in Springfield, OR 97477. This property was listed for sale on October 8, 2025 by Emerald Property Management In, it's currently listed at $1,400,000. This listing's school district is Springfield School District 19. Nearby schools include Elizabeth Page Elementary School, Briggs Middle School and Springfield High School. 1287 R Street is a 0-bed, 0-bath, 7,562 sqft multi-family home built in 1993.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Emerald Property Management In

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