311 S 42nd St

Beds
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Great opportunity! 6 duplexes in one complex located on a private drive, built in 2011 with consistent rental history & low expenses. 12 units total. Each unit has 3 Bedrooms, 2 1/2 Baths, one car garage, washer/dryer, tile floors, carpet, heat pump, AC, fenced yard. 1,444 square feet per unit. Each duplex is on their own tax lot, separately metered. Tenant pays all utilities & garbage. Owner managed. Agent owned.Great opportunity! 6 duplexes in one complex located on a private drive, built in 2011 with consistent rental history & low expenses. 12 units total. Each unit has 3 Bedrooms, 2 1/2 Baths, one car garage, washer/dryer, tile floors, carpet, heat pump, AC, fenced yard. 1,444 square feet per unit. Each duplex is on their own tax lot, separately metered. Tenant pays all utilities & garbage. Owner managed. Agent owned.
  1. Listed by Andrea Ritzman • Andrea Ritzman Real Estate
  2. Listed by Gregory Larkin

Amenities

  • Garage
  • Tile Floors
LISTING CLOSED: 06/30/2015 12:00 AM

Property Details for 311 South 42nd Street

StatusSold
MLS #14698617
Days on Market279
Taxes$23,226 / year
HOA Fees-
Condo/Co-op Fees-
Property Type-
MLS Type-
Year Built2011
Lot Size-
CountyLane County

Location

Listing Courtesy of Andrea Ritzman Real Estate

Sold By Non Rmls Broker

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Building Information for 311 South 42nd Street

Stories2Residences12Year Built2011Lot Size-

Payment Calculator

$11,403 per month

30 year fixed, 6.36% Interest

Principal and Interest

$9,468

Property Taxes

$1,936

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 311 South 42nd Street

Summary
Location and General Information
  • Area: Lane Co: Thurston
  • Country: US
  • Directions: From Main St. turn South on S 42nd St, complex is on the left just past Hillview Church
Parking
  • Garage Or Parking Spaces: 36
  • Parking Description: Assigned, Garage
Taxes and HOA Information
  • CC and R Y/N: No
  • FIRPTA Y/N: No
  • Tax Deferral YN: No
Virtual Tour
  • Video Virtual Tour 1 Y/N: No
Property
Lot Information
  • Lot Description: Level, Private
  • Zoning: MD
Property and Assessments
  • Water Description: Public
Utilities
  • Cooling Description: Heat Pump
  • Fuel Description: Electricity
  • Heating Description: Heat Pump
  • Hot Water Description: Electricity
  • Sewer Description: Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior Description: Lap Siding, T-111 Siding
  • Roof Type: Composition
Interior Features
  • Basement Foundation: Crawl Space
  • View Y/N: No
Multi Family
Multi-Family Information
  • Gross Income Actual: $161,872
  • Gross Income Projected: $162,000
  • Gross Rent Multiplier: 12
  • Investor Information: Profit & Loss Statement, Tax Returns Available
  • Net Income Actual: $133,386
  • Occupancy Types: Leased, Month to Month
  • Operating Expenses Actual: $28,486
  • SqFt Approximate Building Total: 2889
  • Unit Features: Dishwasher, Range, Refrigerator, Washer/Dryer
  • Unit Type Type: 1, 2
Unit 1
  • Unit Type 1 Baths Total: 3
  • Unit Type 1 Beds Total: 3
  • Unit Type 1 Features: Dishwasher, Range, Refrigerator, Washer/Dryer
  • Unit Type 1 Rent: $1,100
  • Unit Type 1 SqFt: 1444.0
  • Unit Type 1 Units Total: 2
Unit 2
  • Unit Type 2 Baths Total: 3
  • Unit Type 2 Beds Total: 3
  • Unit Type 2 Features: Dishwasher, Range, Refrigerator, Washer/Dryer
  • Unit Type 2 Rent: $1,125
  • Unit Type 2 SqFt: 1444.0
  • Unit Type 2 Units Total: 10

Public Records for 311 South 42nd Street

Taxable ValueLand-Additions-Total-
Tax Record2025$5,581 ($465 / month)
Home Facts
Baths5Total Finished SqFt2,889 SqFtAbove Grade Finished SqFt2,889 SqFtStories2Lot Size7,405 SqFtStyleDuplexYear Built2011ZoningMD- MEDIUM DECountyLANEAPN17-02-32-33-01702-000

Schools near 311 South 42nd Street

This home is within Springfield School District 19.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Mt Vernon 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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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 Andrea Ritzman 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: 06/30/2015 04:32 PM