215 Smith Loop

Springfield, OR 97478

$525,000
Price
—
Beds
—
Baths
2,268 Sq. Ft.
$231 / Sq. Ft.
2,268
Sq. Ft.
$231
per Sq. Ft.
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Description

Prime Thurston neighborhood duplex — a rare chance to own a turnkey income property with a built-in value-add play. This exceptional, well-maintained duplex offers 2,268 square feet of total living space across two generously sized units. Each side features a spacious 3-bedroom, 1.5-bathroom layout , situated on a 6,098 SF lot in one of Springfield's most sought-after neighborhoods. Built in 1993 and zoned MD – Medium Density Residential, this property checks every box for investors, house-hackers,...Prime Thurston neighborhood duplex — a rare chance to own a turnkey income property with a built-in value-add play. This exceptional, well-maintained duplex offers 2,268 square feet of total living space across two generously sized units. Each side features a spacious 3-bedroom, 1.5-bathroom layout , situated on a 6,098 SF lot in one of Springfield's most sought-after neighborhoods. Built in 1993 and zoned MD – Medium Density Residential, this property checks every box for investors, house-hackers, and landlords alike. Both unit are tenant-occupied and generating $1,260/month and $1725/month in immediate rental income. Investors will appreciate the significant recent upgrades, including brand-new siding, windows, and sliding doors, a solid roof that is only 4-5 years old, and new mini-split heating and AC systems for tenant comfort and energy efficiency.
  1. Listed by Daniel Gandee • Real Broker • dan@theoperativegroup.com
  2. Listed by Derik Bannister • Real Broker

Property Details for 215 Smith Loop

Parking Features
Carport, Driveway
Zoning
MD
Garage Spaces
2.00
LISTING UPDATED: 05/04/2026 12:19 PM

Property Details for 215 Smith Loop

StatusActive
MLS #353491641
Days on Market3
Taxes$4,481 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti Family
Year Built1993
Lot Size0.14 AC / 6,098 SF
CountyLane County
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Location

Listing Courtesy of Real Broker
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Building Information for 215 Smith Loop

Stories2Residences2Year Built1993Building Size-Lot Size0.14 AC / 6,098 SF

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$3,017 per month

30 year fixed, 6.46% Interest

Principal and Interest

$2,644

Property Taxes

$373

HOA Dues

$0

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Property Information for 215 Smith Loop

Summary
Location and General Information
  • Country: US
  • Directions: 43rd St
  • Road Surface: Paved
School Information
  • Elementary School: Riverbend
  • High School: Thurston
  • Middle Or Junior School: Agnes Stewart
Taxes and HOA
  • Tax Year: 2025
  • Tax Annual Amount: $4,480.90
  • Parcel Number: 1286572
  • Tax Legal Description: FISHERS PLAT, Sec/Twn/Rng/Mer: SEC 32 TWN 17 RNG 02
Property
Lot Information
  • Acres: 0.14
  • Lot Description: Public Road
  • Lot Size Square Feet: 6098.0
  • Lot Size Range: Sq Ft5000to6999
  • Lot Size: 5,000 to 6,999 Sq Ft
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Public Water
  • Property Condition: Unknown
  • Year Built: 1993
Utilities
  • Cooling Description: Mini Split
  • Fuel Description: Electricity
  • Heating Description: Mini Split
  • Hot Water Description: Electricity
  • Sewer Description: Public Sewer
  • Rent Includes: None
Interior and Exterior Features
Exterior Features
  • Exterior Description: Lap Siding
  • Roof Type: Shingle
Interior Features
  • Basement: Crawl Space
  • Foundation Details: Skirting
  • Stories: 2
Multi Family
Multi-Family Information
  • Number Of Units Total: 2
  • Gross Income Actual: $2,985.00
  • Gross Rent Multiplier: $175.88
  • Investor Information: Incomplete
  • Net Income Actual: $31,339.00
  • Operating Expense: $4,481.00
  • Unit Type Type: Unit Type Type1, Unit Type Type2
  • SqFt Approximate Building Total: 2268
Unit 1 Information
  • Unit Type 1 Baths Total: 2
  • Unit Type 1 Baths Decimal: 1.10
  • Unit Type 1 Beds Total: 3
  • Unit Type 1 Features: Air Conditioning
  • Unit Type 1 Rent: $1,260
  • Unit Type 1 SqFt: 1134.0
  • 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: 3
  • Unit Type 2 Features: Air Conditioning
  • Unit Type 2 Rent: $1,725
  • Unit Type 2 SqFt: 1134.0
  • Unit Type 2 Units Total: 1

Public Records for 215 Smith Loop

Taxable ValueLand-Additions-Total-
Tax Record2025$4,481 ($373 / month)
Home Facts
Baths3Total Finished SqFt2,268 SqFtAbove Grade Finished SqFt2,268 SqFtStories2Lot Size6,098 SqFtStyleDuplexYear Built1993ZoningMD- MEDIUM DECountyLANEAPN17-02-32-31-01910-000

Schools near 215 Smith Loop

This home is within Springfield School District 19.
Rating
School
Type
Grades
Distance
Riverbend Elementary School
Public - K to 5
Agnes Stewart Middle School
Public - 6 to 8
Thurston High School
Public - 9 to 12
Mohawk Elementary School
Public - K to 5
Rating
School
Distance
Riverbend Elementary School
PublicK to 5

Agnes Stewart Middle School
Public6 to 8

Thurston High School
Public9 to 12

Mohawk Elementary School
PublicK to 5

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 215 Smith Loop, Springfield, OR 97478

215 Smith Loop is a multi-family home for sale in Springfield, OR 97478. This property was listed for sale on May 1, 2026 by Real Broker, it's currently listed at $525,000. This listing's school district is Springfield School District 19. Nearby schools include Riverbend Elementary School, Agnes Stewart Middle School and Thurston High School. 215 Smith Loop is a 0-bed, 0-bath, 2,268 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 Real Broker

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: 05/04/2026 12:19 PM