4137-4139 Bluebelle Way

Springfield, OR 97478

$399,000
Price
—
Beds
—
Baths
1,820 Sq. Ft.
$219 / Sq. Ft.
1,820
Sq. Ft.
$219
per Sq. Ft.
Pending
Pending

Description

Excellent opportunity for an investment purchase with leased units, and value-add opportunity. These 2-bedroom units rarely have vacancies; superb location, close to schools, parks, and shopping. Property is in average condition, but does have some value at opportunities for increased future rents. One car garage attached to both units with fenced backyard. Property is under professional management with longtime Tenant.Excellent opportunity for an investment purchase with leased units, and value-add opportunity. These 2-bedroom units rarely have vacancies; superb location, close to schools, parks, and shopping. Property is in average condition, but does have some value at opportunities for increased future rents. One car garage attached to both units with fenced backyard. Property is under professional management with longtime Tenant.
  1. Listed by Brent Cole • Triple Oaks Realty LLC • 541-556-5093

Property Details for 4137-4139 Bluebelle Way

Parking Features
Garage
Zoning
R2
Garage Spaces
2.00
Parking Total
2.00
LISTING UPDATED: 12/20/2025 05:04 PM

Property Details for 4137-4139 Bluebelle Way

StatusPending
MLS #779610423
Days on Market111
Taxes$3,652 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1974
Lot Size0.17 AC / 7,405 SF
CountyLane County

Location

Listing Courtesy of Triple Oaks Realty LLC
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Building Information for 4137-4139 Bluebelle Way

Stories1Residences2Year Built1974Building Size-Lot Size0.17 AC / 7,405 SF

Payment Calculator

$2,276 per month

30 year fixed, 6.28% Interest

Principal and Interest

$1,972

Property Taxes

$304

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4137-4139 Bluebelle Way

Summary
Location and General Information
  • Country: US
  • Directions: Main St, to 40th, to Bluebelle
  • Road Surface: Concrete
School Information
  • Elementary School: Douglas Gardens
  • High School: Springfield
  • Middle Or Junior School: Agnes Stewart
Taxes and HOA
  • Management Name: Empire Property Management
  • Tax Year: 2025
  • Tax Annual Amount: $3,651.83
  • Parcel Number: 1099322
  • Tax Legal Description: 17-02-32-33-02417
Property
Lot Information
  • Acres: 0.17
  • Lot Description: Level
  • Lot Size Square Feet: 7405.0
  • 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
  • Year Built: 1974
Utilities
  • Cooling Description: None
  • Fuel Description: Electricity
  • Heating Description: Baseboard
  • 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: 1
Amenities
Amenities Information
  • Internet Service Type: Cable
Multi Family
Multi-Family Information
  • Number Of Units Total: 2
  • Gross Income Actual: $32,520.00
  • Gross Rent Multiplier: $12.27
  • Investor Information: Leases
  • Net Income Actual: $24,155.00
  • Operating Expense: $8,365.00
  • Storage: Garage
  • Unit Type Type: Unit Type Type1, Unit Type Type2
  • SqFt Approximate Building Total: 1820
Unit 1 Information
  • Unit Type 1 Baths Total: 1
  • Unit Type 1 Baths Decimal: 1.00
  • Unit Type 1 Beds Total: 2
  • Unit Type 1 Rent: $1,220
  • Unit Type 1 SqFt: 910.0
  • Unit Type 1 Units Total: 1
Unit 2 Information
  • Unit Type 2 Baths Total: 1
  • Unit Type 2 Baths Decimal: 1.00
  • Unit Type 2 Beds Total: 2
  • Unit Type 2 Rent: $1,490
  • Unit Type 2 SqFt: 910.0
  • Unit Type 2 Units Total: 1

Schools near 4137-4139 Bluebelle Way

This home is within Springfield School District 19.
Rating
School
Type
Grades
Distance
Douglas Gardens Elementary School
Public - K to 5
Agnes Stewart Middle School
Public - 6 to 8
Springfield High School
Public - 9 to 12
Gateways High School
Public - 9 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

Gateways High School
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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Listing Courtesy of Triple Oaks Realty LLC

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