450 Cardinal Way

Springfield, OR 97477

$579,900
Price
—
Beds
—
Baths
1,647 Sq. Ft.
$352 / Sq. Ft.
1,647
Sq. Ft.
$352
per Sq. Ft.
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Description

Duplex alert 450 & 456 cardinal. Please do not disturb the tenants and call for an appointment. Outstanding in both location and quality this single level duplex is in sight of Riverbend hospital. Across the street from greenbelt and walking trails this property has an exceptional location with public transportation and services nearby. Care of both sides has been immaculate and pride of ownership felt throughout. Each side offers two bedrooms, one bath, a garage as well as a large private fenced...Duplex alert 450 & 456 cardinal. Please do not disturb the tenants and call for an appointment. Outstanding in both location and quality this single level duplex is in sight of Riverbend hospital. Across the street from greenbelt and walking trails this property has an exceptional location with public transportation and services nearby. Care of both sides has been immaculate and pride of ownership felt throughout. Each side offers two bedrooms, one bath, a garage as well as a large private fenced backyard. Many updates including vinyl windows, paint, carpet, vinyl flooring and ductless heat pumps. Kitchens have been updated with stainless steel appliances, cabinetry and attractive countertops. Bathrooms have also been updated during ownership and are equipped with vanities with expanded counter and storage space as well as a tub/shower combo with surround. Bedrooms are roomy and enjoy gorgeous wood floors. Always a popular rental and the current owners enjoyed living in the 450 side for years. Current tenants are happy and would prefer to stay. Scheduled combined rent beginning in October is $3,450 per month. Great potential location for an Air BnB or Furnished Finders property with the proximity to the hospital.
  1. Listed by Joe Williams • ICON Real Estate Group • ICON@TheICONREGroup.com

Property Details for 450 Cardinal Way

Parking Features
Driveway, Garage
Zoning
Mul Com
View
Park Greenbelt, Territorial
Garage Spaces
2.00
Parking Total
4.00
LISTING UPDATED: 07/04/2026 07:36 PM

Property Details for 450 Cardinal Way

StatusActive
MLS #635951122
Days on Market7
Taxes$4,000 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti Family
Year Built1962
Lot Size0.29 AC / 12,632 SF
CountyLane County
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Location

Listing Courtesy of ICON Real Estate Group
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Building Information for 450 Cardinal Way

Stories1Residences2Year Built1962Building Size-Lot Size0.29 AC / 12,632 SF

Payment Calculator

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$3,223 per month

30 year fixed, 6.36% Interest

Principal and Interest

$2,890

Property Taxes

$333

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 450 Cardinal Way

Summary
Location and General Information
  • Country: US
  • Directions: Martin Luther King Parkway, west on Cardinal Way, on corner of Cardinal & Game Farm.
  • Road Surface: Paved
School Information
  • Elementary School: Bertha Holt
  • High School: Sheldon
  • Middle Or Junior School: James Monroe
Taxes and HOA
  • Tax Year: 2025
  • Tax Annual Amount: $3,999.71
  • Parcel Number: 0188993
  • Tax Legal Description: Map & Taxlot#17-03-22-12-03500
Property
Lot Information
  • Acres: 0.29
  • Lot Description: Corner Lot, Level
  • Lot Size Square Feet: 12632.0
  • Lot Size Range: Sq Ft10000to14999
  • Lot Size: 10,000 to 14,999 Sq Ft
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Public Water
  • Property Condition: Updated Remodeled
  • Year Built: 1962
Utilities
  • Cooling Description: Heat Pump
  • Fuel Description: Electricity
  • Heating Description: Ceiling, Ductless
  • Hot Water Description: Electricity
  • Sewer Description: Septic Tank
  • Rent Includes: Sewer
Interior and Exterior Features
Exterior Features
  • Exterior Description: Lap Siding
  • Roof Type: Composition
Interior Features
  • Basement: Crawl Space
  • Foundation Details: Concrete Perimeter
  • Stories: 1
Amenities
Amenities Information
  • Internet Service Type: Cable
Multi Family
Multi-Family Information
  • Number Of Units Total: 2
  • Gross Income Actual: $39,852.00
  • Gross Income Projected: $41,400.00
  • Gross Rent Multiplier: $14.55
  • Investor Information: According To Owner, Rent Records
  • Net Income Actual: $32,852.00
  • Net Income Projected: 34400
  • Operating Expenses Projected: $7,000.00
  • Operating Expense: $7,000.00
  • Storage: Garage
  • Unit Type Type: Unit Type Type1, Unit Type Type2
  • SqFt Approximate Building Total: 1647
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 Features: Air Conditioning, Dishwasher, Range, Refrigerator
  • Unit Type 1 Rent: $1,850
  • Unit Type 1 SqFt: 823.0
  • 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 Features: Air Conditioning, Dishwasher, Range, Refrigerator
  • Unit Type 2 Rent: $1,471
  • Unit Type 2 SqFt: 823.0
  • Unit Type 2 Units Total: 1

Public Records for 450 Cardinal Way

Taxable ValueLand-Additions-Total-
Tax Record2025$4,000 ($333 / month)
Home Facts
Baths2Total Finished SqFt1,647 SqFtAbove Grade Finished SqFt1,647 SqFtStories1Lot Size12,632 SqFtStyleDuplexYear Built1962Year Renovated1989ZoningLD-LOW DENSITCountyLANEAPN17-03-22-12-03500-000

Schools near 450 Cardinal Way

This home is within Eugene School District 4j.
Rating
School
Type
Grades
Distance
Holt Elementary School
Public - K to 5
Monroe Middle School
Public - 6 to 8
Sheldon High School
Public - 9 to 12
Meadowlark Elementary School
Public - K to 5
Rating
School
Distance
Holt Elementary School
PublicK to 5

Monroe Middle School
Public6 to 8

Sheldon High School
Public9 to 12

Meadowlark 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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More information about 450 Cardinal Way, Springfield, OR 97477

450 Cardinal Way is a multi-family home for sale in Springfield, OR 97477. This property was listed for sale on July 3, 2026 by ICON Real Estate Group, it's currently listed at $579,900. This listing's school district is Eugene School District 4j. Nearby schools include Holt Elementary School, Monroe Middle School and Sheldon High School. 450 Cardinal Way is a 0-bed, 0-bath, 1,647 sqft multi-family home built in 1962.

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 ICON Real Estate Group

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: 07/04/2026 07:36 PM