Beds
Baths
1,600 Sq. Ft.
$312 / Sq. Ft.
1,600
Sq. Ft.
$312
per Sq. Ft.

Description

Best Duplex Value in Lane County — Now Under $500K! Priced at $499,900, this Springfield duplex is offered As-Is and priced for a quick sale and close. It delivers strong income with long-term upside on a desirable corner lot. Each unit is a 2 bed/1 bath featuring updated kitchens and baths (2020 & 2022), indoor laundry, and private garages. The exterior was freshly painted in 2024, making this a turnkey, low-maintenance property. Both tenants are on month-to-month leases with professional management,...Best Duplex Value in Lane County — Now Under $500K! Priced at $499,900, this Springfield duplex is offered As-Is and priced for a quick sale and close. It delivers strong income with long-term upside on a desirable corner lot. Each unit is a 2 bed/1 bath featuring updated kitchens and baths (2020 & 2022), indoor laundry, and private garages. The exterior was freshly painted in 2024, making this a turnkey, low-maintenance property. Both tenants are on month-to-month leases with professional management, producing reliable income today and offering flexibility for an owner-occupant. Current rents total ~$3,200+/month, giving investors nearly a 6% cap rate at the new price point. The property offers large front and oversized side yards, RV parking, and room for future additions or an ADU (buyer to verify). This combination of condition, cash flow, and expansion potential makes it one of the strongest duplex opportunities in the county. Conveniently located near schools, shopping, parks, and freeway access, this duplex offers both stability and growth potential. Whether you’re a seasoned investor or a buyer looking to live in one unit while renting the other, this is a rare value. Seller is a Licensed Broker in the State of Oregon.
  1. Listed by Amanda Hanson • Assist 2 Sell-Buyers & Sellers

Property Details for 495 52nd Street

Parking Features
Driveway, Garage
Zoning
R-1
View
Mountain, Trees Woods
Garage Spaces
2.00
Parking Total
4.00
LISTING CLOSED: 10/09/2025 12:00 AM

Property Details for 495 52nd Street

StatusSold
MLS #673727097
Days on Market28
Taxes$3,030 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti Family
Year Built1975
Lot Size0.20 AC / 8,712 SF
CountyLane County

Location

Listing Courtesy of Assist 2 Sell-Buyers & Sellers

Sold By Triple Oaks Realty LLC

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Building Information for 495 52nd Street

Stories1Residences2Year Built1975Building Size-Lot Size0.20 AC / 8,712 SF

Payment Calculator

$2,793 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,541

Property Taxes

$253

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 495 52nd Street

Summary
Location and General Information
  • Country: US
  • Directions: Main st to 51st, right on B street, left on 52nd, Duplex on corner of D/52nd
School Information
  • Elementary School: Riverbend
  • High School: Thurston
  • Middle Or Junior School: Agnes Stewart
Taxes and HOA
  • Management Name: Next Generation PM
  • Management Phone: 541-285-7384
  • Tax Year: 2024
  • Tax Annual Amount: $3,029.74
  • Parcel Number: 1069309
  • Tax Legal Description: 17-02-33-24-00175
Property
Lot Information
  • Acres: 0.2
  • Lot Description: Corner Lot, Trees
  • Lot Size Square Feet: 8712.0
  • 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: Approximately
  • Year Built: 1975
Utilities
  • Cooling Description: Wall Unit
  • Fuel Description: Electricity
  • Heating Description: Ceiling, Ductless
  • 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: Crawl Space
  • Foundation Details: Concrete Perimeter
  • Stories: 1
Multi Family
Multi-Family Information
  • Number Of Units Total: 2
  • Gross Income Actual: $38,580.00
  • Gross Rent Multiplier: $12.96
  • Investor Information: According To Owner, Annual Property Operation Data, Rent Records
  • Net Income Actual: $32,522.00
  • Operating Expense: $6,058.00
  • Security Features: Security Lights
  • Storage: Attic, Garage
  • Unit Type Type: Unit Type Type1, Unit Type Type2
  • SqFt Approximate Building Total: 1600
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, Refrigerator, Washer Dryer Hookup
  • Unit Type 1 Rent: $1,595
  • Unit Type 1 SqFt: 800.0
  • 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, Refrigerator, Washer Dryer Hookup
  • Unit Type 2 Rent: $1,620
  • Unit Type 2 SqFt: 800.0
  • Unit Type 2 Units Total: 1

Property History for 495 52nd Street

DateEvent & SourcePriceAppreciation
Oct 8, 2025

Sold (Public Record)

Public Record #1915045936

$499,900

+8.3% / yr

Jul 15, 2020

Sold (Public Record)

Public Record #673064521

$330,000
DateEvent & SourcePrice
10/08/2025

Sold (Public Record)

Public Record #1915045936

$499,900

+8.3% / yr

07/15/2020

Sold (Public Record)

Public Record #673064521

$330,000

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

Public Records for 495 52nd Street

Taxable ValueLand-Additions-Total-
Tax Record2025$3,080 ($257 / month)
Home Facts
Baths2Total Finished SqFt1,600 SqFtAbove Grade Finished SqFt1,600 SqFtStories1Lot Size8,712 SqFtStyleDuplexYear Built1975Year Renovated2004ZoningLD-LOW DENSITCountyLANEAPN17-02-33-24-00175-000Fireplace TypeHas Fireplace

Schools near 495 52nd 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
Public - 9 to 12
Rating
School
Distance
Riverbend Elementary School
PublicK to 5

Agnes Stewart Middle School
Public6 to 8

Thurston 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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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 Assist 2 Sell-Buyers & Sellers

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: 10/23/2025 06:12 AM