Sold
Last Sold Price
2,235 sqft

4061 Southway Loop, Springfield, OR 97478

Multi FamilyProperty Type
0.18 acresLot Size
1974Year Built
$170/sq ftPrice per sq ft
2 carsParking Spaces

Description

This is a portfolio sale for 4 duplexes in the same neighborhood. Property has 2 bedrooms and 1.5 baths with single car garage. Some are updated recently with LVP and newer kitchen appliances. Rents range from $1450 - $1495 per unit. APOD and P/L avail through your real estate agent.This is a portfolio sale for 4 duplexes in the same neighborhood. Property has 2 bedrooms and 1.5 baths with single car garage. Some are updated recently with LVP and newer kitchen appliances. Rents range from $1450 - $1495 per unit. APOD and P/L avail through your real estate agent.
  • Listed by: Brent Cole • Triple Oaks Realty LLC 541-556-5093
Listing closed: 05/10/2024 12:00 AM • Source: RMLS, MLS#: 24393696
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Recent comparable sales

Median sold price

$425,000

Avg days on market

58

Sale-to-list ratio

95.6%

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
a view of a house with a yard
1/22
3

$473,500

Sold 07/02/25

Unavailable
Bedrooms
Unavailable
Bathrooms
2,076
Square Feet
0.18
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 front view of a house with garden
1/15
5

$439,000

Sold 12/18/24

Unavailable
Bedrooms
Unavailable
Bathrooms
1,789
Square Feet
0.21
Acres
$435,000 | 1804 14th Street, Springfield, OR 97477
1/20
6

$435,000

Sold 02/21/25

Unavailable
Bedrooms
Unavailable
Bathrooms
1,916
Square Feet
0.12
Acres
a view of a house with a yard
1/16
7

$465,000

Sold 10/28/24

Unavailable
Bedrooms
Unavailable
Bathrooms
2,016
Square Feet
0.19
Acres
a view of a car park in front of house
1/24
8

$425,000

Sold 02/25/26

Unavailable
Bedrooms
Unavailable
Bathrooms
2,652
Square Feet
0.17
Acres
a front view of a house with a yard
1/2
9

$380,000

Sold 11/12/24

Unavailable
Bedrooms
Unavailable
Bathrooms
1,872
Square Feet
0.15
Acres

Location

Listing Courtesy of Triple Oaks Realty LLC

Sold By Tim Duncan Real Estate

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$3,249 per month

30 year fixed, 7.03% Interest

Principal and Interest

$2,029

Property Taxes

$1,220

HOA Dues

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Property Information for 4061 Southway Loop

Property Details

  • Taxes: $14,640 / year
  • MLS Type: Multi Family
  • County: Lane County
  • Parking Features: Driveway, On Street
  • Zoning: MD
  • Garage Spaces: 2.00
  • Parking Total: 2.00

Building Information

  • Stories: 2
  • Residences: 8
  • Year Built: 1974
  • Lot Size: 0.18 AC / 7,840 SF

Summary

Location and General Information
  • Country: US
  • Directions: Main Street to S. 41st to Southway Loop
  • Road Surface: Paved
School Information
  • Middle Or Junior School: Agnes Stewart
Taxes and HOA
  • Tax Year: 2023
  • Tax Annual Amount: $14,640.00
  • Parcel Number: 1099058
  • Tax Legal Description: 17-02-31-44-00111

Property

Lot Information
  • Acres: 0.18
  • Lot Size Square Feet: 7840.0
  • Lot Size Range: Sq Ft7000to9999
  • Lot Size: 7,000 to 9,999 Sq Ft
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Public Water
  • Property Condition: Existing
  • Year Built: 1974
Utilities
  • Cooling Description: None
  • Fuel Description: Electricity
  • Heating Description: Ceiling, Wall Heater
  • Hot Water Description: Electricity
  • Sewer Description: Public Sewer
  • Rent Includes: None

Interior and Exterior Features

Exterior Features
  • Exterior Description: Wood Siding
  • Roof Type: Composition
Interior Features
  • Basement: None
  • Foundation Details: Slab
  • Stories: 2

Multi Family

Multi-Family Information
  • Number Of Units Total: 8
  • Gross Income Actual: $141,360.00
  • Gross Income Projected: $141,360.00
  • Gross Rent Multiplier: $2.76
  • Investor Information: Annual Property Operation Data
  • Net Income Actual: $98,307.00
  • Net Income Projected: 98307
  • Operating Expenses Projected: $35,985.00
  • Operating Expense: $35,985.00
  • Storage: Garage
  • Unit Type Type: Unit Type Type1, Unit Type Type2
  • SqFt Approximate Building Total: 2235
Unit 1 Information
  • Unit Type 1 Baths Total: 2
  • Unit Type 1 Beds Total: 2
  • Unit Type 1 Features: Dishwasher, Range, Refrigerator
  • Unit Type 1 Rent: $1,450
  • Unit Type 1 SqFt: 996.0
  • Unit Type 1 Units Total: 4
Unit 2 Information
  • Unit Type 2 Baths Total: 2
  • Unit Type 2 Beds Total: 2
  • Unit Type 2 Features: Dishwasher, Range, Refrigerator
  • Unit Type 2 Rent: $1,495
  • Unit Type 2 SqFt: 996.0
  • Unit Type 2 Units Total: 4

Property History for 4061 Southway Loop

DateEvent & SourcePriceAppreciation
May 6, 2024

Sold (Public Record)

Public Record #1531765446

$380,000—
DateEvent & SourcePrice
05/06/2024

Sold (Public Record)

Public Record #1531765446

$380,000

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

Public records

4061 Southway Loop

Baths

3

Total Finished SqFt

1,992 SqFt

Above Grade Finished SqFt

1,992 SqFt

Stories

2

Lot Size

7,841 SqFt

Style

Duplex

Schools near 4061 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: 4061 Southway Loop, Springfield, OR 97478
$380,000
–
–
2,235
7,840
$267,500
–
–
–
–
$377,500
–
–
–
7,840
$360,000
–
–
–
–
$343,000
–
–
–
6,969
$294,000
6
4.5
3,198
8,062

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 Triple Oaks Realty 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: 05/11/2024 07:13 AM