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
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Recent comparable sales

Median sold price

$450,000

Avg days on market

25

Sale-to-list ratio

99.3%

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
$450,000 | 3999 Virginia Avenue, Springfield, OR 97478
1/22
5

$450,000

Sold 09/25/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.18
Acres
a house view with a outdoor space
1/23
6

$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
7

$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
8

$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
9

$439,000

Sold 12/18/24

Unavailable
Bedrooms
Unavailable
Bathrooms
1,789
Square Feet
0.21
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

$2,537 per month

30 year fixed, 7.03% Interest

Principal and Interest

$2,253

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

4050 Southway Loop

Baths

3

Total Finished SqFt

1,992 SqFt

Above Grade Finished SqFt

1,992 SqFt

Stories

2

Lot Size

6,534 SqFt

Style

Duplex

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