310 Mill Street

Sold 11/19/21
Sold 11/19/21
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Last Sold Price
$2,470,450
310 Mill St, Springfield, OR 97477

Description

2 buildings on 2 tax lots of.36/acre each=.72 acre; South Building on perimeter foundation; North building on slab. 27 units: 9-2BR, 18-1BR plus Laundry. Convenient location: Near Island Park, Willamette River, Main Street, on bus line. Good cash flow.2 buildings on 2 tax lots of.36/acre each=.72 acre; South Building on perimeter foundation; North building on slab. 27 units: 9-2BR, 18-1BR plus Laundry. Convenient location: Near Island Park, Willamette River, Main Street, on bus line. Good cash flow.
LISTING CLOSED: 11/19/2021 12:00 AM

  1. Listed by Ronald Bush • Equinox Real Estate

Property Details for 310 Mill Street

Status
Sold
MLS #
21442864
Days on Market
5
Taxes
$19,870 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
Multi Family
MLS Type
Multi Family
Year Built
1961
Lot Size
-
County
Lane County

Amenities

  • Laundry
  • Parking Included
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Location

Listing Courtesy of Equinox Real Estate

Sold By Non Rmls Broker

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Building Information for 310 Mill Street

Stories2Residences27Year Built1961Building Size-Lot Size-

Payment Calculator

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$14,213 per month

30 year fixed, 6.55% Interest

Principal and Interest

$12,557

Property Taxes

$1,656

HOA Dues

$0

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Property Information for 310 Mill Street

Summary
Location and General Information
  • Area: Lane Co: Springfield
  • Country: US
  • Directions: Main Street Downtown Springfield, north on Mill to Property
  • Road Surface: Paved
Parking
  • Parking Features: Open,Paved
Taxes and HOA Information
  • CC and R Y/N: No
  • FIRPTA Y/N: No
  • Tax Year: 2020
  • Tax Deferral YN: No
Virtual Tour
  • Video Virtual Tour 1 Y/N: No
Property
Lot Information
  • Lot Description: On Busline, Corner Lot, Level
  • Zoning: 1133
Property and Assessments
  • Water Description: Public
  • Property Condition: Existing
Utilities
  • Cooling Description: None
  • Fuel Description: Electricity
  • Heating Description: Baseboard
  • Hot Water Description: Electricity
  • Sewer Description: Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior Description: Wood Siding
  • Roof Type: Other
Interior Features
  • Basement: None
  • Foundation Details: Slab
  • View Y/N: No
Multi Family
Multi-Family Information
  • Common Amenities: Laundry
  • Gross Income Actual: $219,000
  • Gross Income Projected: $200,200
  • Gross Rent Multiplier: 10
  • Investor Information: According To Owner
  • Net Income Actual: $113,837
  • Net Income Projected: $117,173
  • Occupancy Types: Leased, Month To Month
  • Operating Expenses Actual: $105,163
  • Operating Expenses Projected: $92,017
  • Security Features: None
  • SqFt Approximate Building Total: 16734
  • Storage: None
  • Unit Type Type: 1, 2
Unit 1
  • Unit Type 1 Baths Total: 1
  • Unit Type 1 Beds Total: 2
  • Unit Type 1 Rent: $728
  • Unit Type 1 Units Total: 9
Unit 2
  • Unit Type 2 Baths Total: 1
  • Unit Type 2 Beds Total: 1
  • Unit Type 2 Rent: $635
  • Unit Type 2 Units Total: 18

Schools near 310 Mill Street

This home is within Springfield School District 19.
Rating
School
Type
Grades
Distance
Centennial Elementary School
Public - K to 5
Hamlin Middle School
Public - 6 to 8
Springfield High School
Public - 9 to 12
Academy Of Arts And Academics
Public - 9 to 12
Rating
School
Distance
Centennial Elementary School
PublicK to 5

Hamlin Middle School
Public6 to 8

Springfield High School
Public9 to 12

Academy Of Arts And Academics
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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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 310 Mill Street, Springfield, OR 97477
$2,470,450
–
–
–
–
310 Mill Street, Unit 15, Springfield, OR 97477
$2,470,450
–
–
–
15,682
310 Mill Street, Unit 1, Springfield, OR 97477
$2,470,450
–
–
–
15,682
346 Mill Street, Springfield, OR 97477
–
–
3
1,836
10,019
121 West C Street, Springfield, OR 97477
–
–
4
3,000
5,663
325 Water Street, Springfield, OR 97477
$521,000
4
1,896
15,246

Explore Nearby Homes

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 Equinox 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: 11/19/2021 09:28 PM