Sold
Last Sold Price
4,032 sqft$169/sqft
450 S 42nd St, Springfield, OR 97478
Multi FamilyProperty Type
1972Year Built
$169/sq ftPrice per sq ft
4 carsParking Spaces

Description

Rare opportunity fourplex with attached garages. Each unit is a 2 bed 1 bath with washer dryer hookups. Newer roof and recent improvements.Rare opportunity fourplex with attached garages. Each unit is a 2 bed 1 bath with washer dryer hookups. Newer roof and recent improvements.
  • Listed by: Clinton Rushing • Harcourts West Real Estate
Listing closed: 08/18/2023 12:00 AM • Source: RMLS, MLS#: 23262455

Recent comparable sales

Median sold price

$699,000

Avg days on market

42

Sale-to-list ratio

99.7%

Springfield, OR

9 comparable properties found

a black car in front of white house
1/2
1

$711,000

Sold 12/22/25

Unavailable
Bedrooms
Unavailable
Bathrooms
4,704
Square Feet
0.31
Acres
a view of a house with a patio
1/20
2

$599,000

Sold 09/12/25

Unavailable
Bedrooms
Unavailable
Bathrooms
3,158
Square Feet
0.23
Acres
a front view of a house with a yard and garage
1/41
3

$699,000

Sold 01/31/25

Unavailable
Bedrooms
Unavailable
Bathrooms
3,107
Square Feet
0.12
Acres
$690,000 | 1164 South 43rd Place, Springfield, OR 97478
1/27
4

$690,000

Sold 06/04/25

Unavailable
Bedrooms
Unavailable
Bathrooms
3,107
Square Feet
0.11
Acres
$705,000 | 1157-1159 South 43rd Street, Springfield, OR 97478
1/28
5

$705,000

Sold 03/20/25

Unavailable
Bedrooms
Unavailable
Bathrooms
3,107
Square Feet
0.11
Acres
a house that has a lots of windows
1/40
6

$699,000

Sold 03/26/25

Unavailable
Bedrooms
Unavailable
Bathrooms
3,107
Square Feet
0.11
Acres
a backyard of a house
1/26
7

$639,000

Sold 08/12/26

Unavailable
Bedrooms
Unavailable
Bathrooms
3,604
Square Feet
0.24
Acres
$699,000 | 1185-1187 South 43rd Street, Springfield, OR 97478
1/27
8

$699,000

Sold 02/11/25

Unavailable
Bedrooms
Unavailable
Bathrooms
3,107
Square Feet
0.1
Acres
$694,900 | 4353-4355 Kalmia Street, Springfield, OR 97478
1/40
9

$694,900

Sold 05/29/25

Unavailable
Bedrooms
Unavailable
Bathrooms
3,107
Square Feet
0.1
Acres

Location

Listing Courtesy of Harcourts West Real Estate

Sold By Tim Duncan Real Estate

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$3,924 per month

30 year fixed, 6.55% Interest

Principal and Interest

$3,456

Property Taxes

$467

HOA Dues

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Property Information for 450 South 42nd Street

Property Details
  • Taxes: $5,606 / year
  • MLS Type: Multi Family
  • County: Lane County
  • Parking Features: Attached, Garage
  • Zoning: MD
  • Garage Spaces: 4.00
  • Parking Total: 4.00
Building Information
  • Stories: 2
  • Residences: 4
  • Year Built: 1972
Summary
Location and General Information
  • Country: US
  • Directions: South on 42nd. Driveway on right before Daisy.
  • Road Surface: Paved
School Information
  • Elementary School: Douglas Gardens
  • High School: Springfield
  • Middle Or Junior School: Agnes Stewart
Parking
  • Attached Garage: No
Taxes and HOA
  • FIRPTA: No
  • Tax Year: 2022
  • Tax Deferral: No
  • Tax Annual Amount: $5,605.53
  • Parcel Number: 1026531
  • Tax Legal Description: 17-02-32-33-03503
Virtual Tour
  • Video Virtual Tour 1 Y/N: No
  • Video Virtual Tour 2 Y/N: No
Property
Lot Information
  • Lot Description: Corner Lot, Level
  • 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: 1972
  • Property Attached: No
Utilities
  • Cooling Description: None
  • Fuel Description: Electricity
  • Heating Description: Wall Furnace
  • Hot Water Description: Electricity
  • Sewer Description: Public Sewer
  • Rent Includes: Water
Green Features
  • Green Certification: No
Interior and Exterior Features
Exterior Features
  • Exterior Description: T111Siding, Wood Siding
  • Roof Type: Composition
Interior Features
  • Basement: Crawl Space
  • Foundation Details: Concrete Perimeter
  • View Y/N: No
  • Stories: 2
  • Cooling: No
  • Heating: Yes
Multi Family
Multi-Family Information
  • Number Of Units Total: 4
  • Gross Income Actual: $43,200.00
  • Gross Rent Multiplier: $16.20
  • Investor Information: According To Owner, Incomplete
  • Net Income Actual: $43,200.00
  • Operating Expense: $33,395.00
  • Storage: Garage
  • Unit Type Type: Unit Type Type1, Unit Type Type2, Unit Type Type3, Unit Type Type4
  • SqFt Approximate Building Total: 4032
Unit 1 Information
  • Unit Type 1 Baths Total: 1
  • Unit Type 1 Beds Total: 2
  • Unit Type 1 Features: Dishwasher, Range, Refrigerator, Washer Dryer Hookup
  • Unit Type 1 Rent: $900
  • Unit Type 1 SqFt: 1008.0
  • Unit Type 1 Units Total: 1
Unit 2 Information
  • Unit Type 2 Baths Total: 1
  • Unit Type 2 Beds Total: 2
  • Unit Type 2 Features: Dishwasher, Range, Refrigerator, Washer Dryer Hookup
  • Unit Type 2 Rent: $900
  • Unit Type 2 SqFt: 1008.0
  • Unit Type 2 Units Total: 1
Unit 3 Information
  • Unit Type 3 Baths Total: 1
  • Unit Type 3 Beds Total: 2
  • Unit Type 3 Features: Dishwasher, Range, Refrigerator, Washer Dryer Hookup
  • Unit Type 3 Rent: $900
  • Unit Type 3 SqFt: 1008.0
  • Unit Type 3 Units Total: 1
Unit 4 Information
  • Unit Type 4 Baths Total: 1
  • Unit Type 4 Beds Total: 2
  • Unit Type 4 Features: Dishwasher, Range, Refrigerator, Washer Dryer Hookup
  • Unit Type 4 Rent: $900
  • Unit Type 4 SqFt: 1008
  • Unit Type 4 UnitsTotal: 1

Property History for 450 South 42nd Street

DateEvent & SourcePriceAppreciation
Aug 18, 2023

Sold (Public Record)

Public Record #1516629502

$680,000
DateEvent & SourcePrice
08/18/2023

Sold (Public Record)

Public Record #1516629502

$680,000

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

Public Records for 450 South 42nd Street

Taxable ValueLand-Additions-Total-
Tax Record2025$6,152 ($513 / month)
Home Facts
Baths4Total Finished SqFt4,032 SqFtAbove Grade Finished SqFt4,032 SqFtStories2Lot Size9,148 SqFtStyleQuadraplexYear Built1972ZoningMD- MEDIUM DECountyLANEAPN17-02-32-33-03503-000

Schools near 450 South 42nd Street

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: 450 South 42nd Street, Springfield, OR 97478
$680,000
4,032
$190,000
4,032
9,148
$6,320
3
1
884
8,276
$377,000
3
1,205
7,840
2
1
877
6,886
$100,000
2
1
816
14,810

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 Harcourts West Real Estate

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: 08/21/2023 11:04 AM