Sold
Last Sold Price
4050 Southway Loop, Springfield, OR 97478
Multi FamilyProperty Type
1974Year Built

Description

Solid duplex with great rental history. Both units are 2 bed 1 1/2 bath with many updates, fenced yards and garages. Roof and gutters were installed in 2017. Units have vinyl windows and the siding has been replaced in the last 10 years. Priced to move quickly. Open House Sunday (08/01) 1:00-3:00pm.Solid duplex with great rental history. Both units are 2 bed 1 1/2 bath with many updates, fenced yards and garages. Roof and gutters were installed in 2017. Units have vinyl windows and the siding has been replaced in the last 10 years. Priced to move quickly. Open House Sunday (08/01) 1:00-3:00pm.
  • Listed by: Laura Desmond • Eugene Track Town Realtors LLC
Listing closed: 09/07/2021 12:00 AM • Source: RMLS, MLS#: 21149860

Recent comparable sales

Median sold price

$439,000

Avg days on market

37

Sale-to-list ratio

98.9%

Springfield, OR

9 comparable properties found

a car parked in front of a house
1/2
1

$399,000

Sold 01/03/25

Unavailable
Bedrooms
Unavailable
Bathrooms
2,162
Square Feet
0.19
Acres
a front view of a house with a yard
1/5
2

$407,500

Sold 11/19/25

Unavailable
Bedrooms
Unavailable
Bathrooms
1,992
Square Feet
0.17
Acres
an aerial view of a
1/18
3

$451,000

Sold 06/02/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.57
Acres
$390,000 | 4137-4139 Bluebelle Way, Springfield, OR 97478
1/21
4

$390,000

Sold 02/03/26

Unavailable
Bedrooms
Unavailable
Bathrooms
1,820
Square Feet
0.17
Acres
a house view with a outdoor space
1/23
5

$460,000

Sold 08/07/26

Unavailable
Bedrooms
Unavailable
Bathrooms
1,710
Square Feet
0.2
Acres
a view of a house with a yard
1/22
6

$473,500

Sold 07/02/25

Unavailable
Bedrooms
Unavailable
Bathrooms
2,076
Square Feet
0.18
Acres
a front view of a house with garden
1/11
7

$470,000

Sold 03/26/25

Unavailable
Bedrooms
Unavailable
Bathrooms
3,222
Square Feet
0.24
Acres
a front view of a house with garden
1/15
8

$439,000

Sold 12/18/24

Unavailable
Bedrooms
Unavailable
Bathrooms
1,789
Square Feet
0.21
Acres
$415,000 | 4457 Aster Street, Springfield, OR 97478
1/22
9

$415,000

Sold 10/10/25

Unavailable
Bedrooms
Unavailable
Bathrooms
1,654
Square Feet
0.17
Acres

Amenities

  • Garage

Location

Listing Courtesy of Eugene Track Town Realtors LLC

Sold By Keller Williams Realty Eugene and Springfield

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Payment Calculator

$2,465 per month

30 year fixed, 6.71% Interest

Principal and Interest

$2,181

Property Taxes

$284

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 4050 Southway Loop

Property Details
  • Taxes: $3,411 / year
  • MLS Type: Multi Family
  • County: Lane County
Building Information
  • Stories: 2
  • Residences: 2
  • Year Built: 1974
Summary
Location and General Information
  • Area: Lane Co: Thurston
  • Country: US
  • Directions: Main St South on 41st Right on Southway Loop to property on right.
Parking
  • Parking Features: Garage
Taxes and HOA Information
  • 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: Level
  • Zoning: MD
Property and Assessments
  • Water Description: Public
  • Property Condition: Existing
Utilities
  • Fuel Description: Electricity
  • Heating Description: Ceiling
  • Hot Water Description: Electricity
  • Sewer Description: Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior Description: Cement Siding, Panel, Plywood
  • Roof Type: Composition
Interior Features
  • Basement: None
  • Foundation Details: Slab
  • View Y/N: No
Amenities
Amenities Information
  • Internet Service Type: Cable,Wireless
Multi Family
Multi-Family Information
  • Gross Income Actual: $28,800
  • Gross Income Projected: $28,800
  • Gross Rent Multiplier: 14
  • Investor Information: According To Owner
  • Net Income Actual: $23,800
  • Occupancy Types: Leased, Month To Month
  • Operating Expenses Actual: $5,000
  • Operating Expenses Projected: $5,000
  • SqFt Approximate Building Total: 1992
  • Unit Features: Dishwasher, Range, Refrigerator, Washer/Dryer Hookup
  • Unit Type Type: 1, 2
Unit 1
  • Unit Type 1 Baths Total: 2
  • Unit Type 1 Beds Total: 2
  • Unit Type 1 Features: Dishwasher, Range, Refrigerator, Washer/Dryer Hookup
  • Unit Type 1 Rent: $1,200
  • Unit Type 1 SqFt: 996.0
  • Unit Type 1 Units Total: 1
Unit 2
  • Unit Type 2 Baths Total: 2
  • Unit Type 2 Beds Total: 2
  • Unit Type 2 Features: Dishwasher, Range, Refrigerator, Washer/Dryer Hookup
  • Unit Type 2 Rent: $1,200
  • Unit Type 2 SqFt: 996.0
  • Unit Type 2 Units Total: 1

Property History for 4050 Southway Loop

DateEvent & SourcePriceAppreciation
Sep 3, 2021

Sold (Public Record)

Public Record #1470783775

$422,000

+18.3% / yr

Feb 28, 2017

Sold (Public Record)

Public Record #589442840

$197,500
DateEvent & SourcePrice
09/03/2021

Sold (Public Record)

Public Record #1470783775

$422,000

+18.3% / yr

02/28/2017

Sold (Public Record)

Public Record #589442840

$197,500

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 4050 Southway Loop

Taxable ValueLand-Additions-Total-
Tax Record2025$3,926 ($327 / month)
Home Facts
Baths3Total Finished SqFt1,992 SqFtAbove Grade Finished SqFt1,992 SqFtStories2Lot Size6,534 SqFtStyleDuplexYear Built1974Year Renovated1978ZoningMD- MEDIUM DECountyLANEAPN17-02-31-41-05407-000

Schools near 4050 Southway Loop

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
Charter - 6 to 12
Rating
School
Distance
Douglas Gardens Elementary School
PublicK to 5

Agnes Stewart Middle School
Public6 to 8

Springfield High School
Public9 to 12

Willamette Leadership Academy
Charter6 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: 4050 Southway Loop, Springfield, OR 97478
$422,000
$175,000
1,992
7,841
$160,000
2,033
8,276
$300,000
1,992
7,841
$473,500
2,076
7,841
$473,500
2,076
7,840

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 Eugene Track Town Realtors LLC

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: 09/08/2021 09:05 AM