231 S 40th St
Description
- Listed by Shelly Iverson • Joi Real Estate
- Listed by Shelly Begines • Joi Real Estate
Property Details for 231 South 40th Street
Property Details for 231 South 40th Street
| Status | Sold |
|---|---|
| MLS # | 163907285 |
| Days on Market | 7 |
| Taxes | $5,233 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Property Type | Multi Family |
| MLS Type | Multi Family |
| Year Built | 1973 |
| Lot Size | 0.23 AC / 10,018 SF |
| County | Lane County |
Location
Sold By Bell Real Estate
Building Information for 231 South 40th Street
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$3,421 per month
30 year fixed, 6.36% Interest
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1Property Information for 231 South 40th Street
- Country: US
- Directions: main to south 40th
- Road Surface: Paved
- Elementary School: Douglas Gardens
- High School: Springfield
- Middle Or Junior School: Agnes Stewart
- Tax Year: 2024
- Tax Annual Amount: $5,232.93
- Parcel Number: 0122729
- Tax Legal Description: 17-02-31-41-06200
- 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 Type: Multi Family
- Water Description: Public Water
- Property Condition: Existing
- Year Built: 1973
- Cooling Description: None
- Fuel Description: Electricity
- Heating Description: Ceiling
- Hot Water Description: Electricity
- Sewer Description: Public Sewer
- Rent Includes: Sewer, Trash Collection, Water
- Exterior Description: T111Siding
- Roof Type: Composition
- Basement: None
- Foundation Details: Slab
- Stories: 2
- Number Of Units Total: 4
- Gross Income Actual: $32,760.00
- Gross Income Projected: $37,220.00
- Gross Rent Multiplier: $18.28
- Investor Information: According To Owner, Profit Loss Statement
- Net Income Actual: $18,538.00
- Net Income Projected: 23220
- Operating Expenses Projected: $14,000.00
- Operating Expense: $14,222.00
- Security Features: None
- Storage: None
- Unit Type Type: Unit Type Type1, Unit Type Type2, Unit Type Type3, Unit Type Type4
- Common Amenities: Laundry
- SqFt Approximate Building Total: 3158
- 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, Window Coverings
- Unit Type 1 Rent: $1,000
- Unit Type 1 SqFt: 686.0
- Unit Type 1 Units Total: 1
- 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, Window Coverings
- Unit Type 2 Rent: $0
- Unit Type 2 SqFt: 686.0
- Unit Type 2 Units Total: 1
- Unit Type 3 Baths Total: 1
- Unit Type 3 Baths Decimal: 1.00
- Unit Type 3 Beds Total: 3
- Unit Type 3 Features: Dishwasher, Range, Refrigerator, Window Coverings
- Unit Type 3 Rent: $710
- Unit Type 3 SqFt: 974.0
- Unit Type 3 Units Total: 1
- 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, Window Coverings
- Unit Type 4 Rent: $670
- Unit Type 4 SqFt: 686
- Unit Type 4 UnitsTotal: 1
Property History for 231 South 40th Street
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| May 12, 2003 | Sold (Public Record) Public Record #111975714 | $200,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 05/12/2003 | Sold (Public Record) Public Record #111975714 | $200,000 |
For completeness, we often displays two records for one sale: the MLS record and the public record.
Public Records for 231 South 40th Street
Schools near 231 South 40th Street
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | K to 5 |
Rating | School | Distance |
|---|---|---|
Douglas Gardens Elementary School PublicK to 5 | ||
Agnes Stewart Middle School Public6 to 8 | ||
Springfield 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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| Address | Sold price | Beds | Baths | Sqft | Lot AC |
|---|---|---|---|---|---|
– | – | 4 | 4,032 | 0.23 | |
– | – | 2 | 1,788 | 0.15 | |
– | – | 2 | 1,788 | 0.15 | |
$505,000 | – | – | – | – | |
$272,500 | – | – | – | – | |
– | 3 | 1 | 1,296 | 0.14 | |
– | – | 4 | 2,240 | 0.17 | |
$40,129 | 3 | 1 | 1,093 | 0.15 | |
– | – | 2 | 1,768 | 0.19 | |
– | 2 | 2 | 1,415 | 0.21 | |
– | – | 2 | 1,720 | 0.18 | |
– | – | 2 | 1,768 | 0.19 | |
$155,000 | – | – | – | – | |
– | 3 | 2 | 1,516 | 0.38 | |
– | 3 | 1 | 1,580 | 0.19 |
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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 Joi Real Estate
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: 09/15/2025 11:56 AM
