Sold
Last Sold Price
3,222 sqft$146/sqft
5495 S A St, Springfield, OR 97478
Multi FamilyProperty Type
10,454 sq ftLot Size
1979Year Built
$146/sq ftPrice per sq ft
6 carsParking Spaces

Description

Investor alert! 4-plex in the highly sought after Thurston area of Springfield. Each unit is a 2 bedroom 1 bath with over 800 sq. feet & includes a balcony or patio with storage off each. There are 2 units upstairs & 2 downstairs with a laundry room ready with hookups between the 2 downstairs units. No bedrooms share walls with the other units, for added privacy. Each unit has a spacious kitchen that opens to a dining area, & includes a freestanding stove, fridge, & a built-in dishwasher. The 2 downstairs...Investor alert! 4-plex in the highly sought after Thurston area of Springfield. Each unit is a 2 bedroom 1 bath with over 800 sq. feet & includes a balcony or patio with storage off each. There are 2 units upstairs & 2 downstairs with a laundry room ready with hookups between the 2 downstairs units. No bedrooms share walls with the other units, for added privacy. Each unit has a spacious kitchen that opens to a dining area, & includes a freestanding stove, fridge, & a built-in dishwasher. The 2 downstairs units have longer term tenants, so updates haven't been made. But the 2 upstairs units are on leases & have been recently updated with new interior paint, trim, lighting, blinds, carpet in the living & bedroom areas, matching wood laminate flooring in the kitchen, bath, entry, & by the slider to the balcony, & more. Some windows have already been upgraded to vinyl too. A new roof was put on about 4 years ago, so that major expense is done! This property also has 4 covered parking spots & 2 extra spaces on each end, with room for extra off street tandem parking as well. A fresh coat of exterior paint & this property will shine! Selling as-is & priced to sell FAST! Please do not disturb tenants, showings only with an accepted offer. Sorry, owner carry or subject-to offers will NOT be considered.
  • Listed by: Liz Churchill • Hybrid Real Estate
Listing closed: 03/26/2025 12:00 AM • Source: RMLS, MLS#: 506257239

Recent comparable sales

Median sold price

$510,000

Avg days on market

27

Sale-to-list ratio

96.2%

Springfield, OR

9 comparable properties found

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Location

Listing Courtesy of Hybrid Real Estate

Sold By Keller Williams Realty Eugene and Springfield

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$2,834 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,389

Property Taxes

$445

HOA Dues

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Property Information for 5495 South A Street

Property Details
  • Taxes: $5,345 / year
  • MLS Type: Multi Family
  • County: Lane County
  • Subdivision: THURSTON
  • Parking Features: Covered, Off Street
  • Zoning: R2
  • Garage Spaces: .00
  • Parking Total: 6.00
Building Information
  • Stories: 2
  • Residences: 4
  • Year Built: 1979
  • Lot Size: 0.24 AC / 10,454 SF
Summary
Location and General Information
  • Country: US
  • Directions: Main St. to North on 54th to East on A St. Turn Right into complex.
  • Road Surface: Paved
School Information
  • Elementary School: Riverbend
  • High School: Thurston
  • Middle Or Junior School: Agnes Stewart
Taxes and HOA
  • Management Name: RANS Property Management
  • Tax Year: 2024
  • Tax Annual Amount: $5,345.17
  • Parcel Number: 1254372
  • Tax Legal Description: 1702334203118, TRS: T17 R02 S33 Q42, Lot: TL03118
Property
Lot Information
  • Acres: 0.24
  • Lot Description: Level
  • Lot Size Square Feet: 10454.0
  • 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: 1979
Utilities
  • Cooling Description: None
  • Fuel Description: Electricity
  • Heating Description: Ceiling, Wall Heater, Zoned
  • Hot Water Description: Electricity
  • Sewer Description: Public Sewer
  • Rent Includes: Sewer, Trash Collection, Water
Interior and Exterior Features
Exterior Features
  • Exterior Description: T111Siding
  • Roof Type: Composition, Shingle
Interior Features
  • Basement: Crawl Space
  • Foundation Details: Concrete Perimeter
  • Stories: 2
Amenities
Amenities Information
  • Internet Service Type: Cable, Satellite
Multi Family
Multi-Family Information
  • Number Of Units Total: 4
  • Gross Income Actual: $40,933.00
  • Gross Income Projected: $45,855.00
  • Gross Rent Multiplier: $12.09
  • Investor Information: Annual Property Operation Data, Leases, Maintenance Records Available, Rent Records
  • Net Income Actual: $31,593.00
  • Net Income Projected: 38355
  • Operating Expenses Projected: $7,500.00
  • Operating Expense: $9,340.00
  • Security Features: Security Lights, Sidewalk
  • Storage: Attached, Deck
  • Unit Type Type: Unit Type Type1
  • Common Amenities: Laundry
  • SqFt Approximate Building Total: 3222
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: Deck, Dishwasher, Range, Refrigerator
  • Unit Type 1 Rent: $995
  • Unit Type 1 SqFt: 809.0
  • Unit Type 1 Units Total: 2
Unit 3 Information
  • Unit Type 3 Baths Total: 1
  • Unit Type 3 Baths Decimal: 1.00
  • Unit Type 3 Beds Total: 2
  • Unit Type 3 Features: Deck, Dishwasher, Range, Refrigerator
  • Unit Type 3 Rent: $925
  • Unit Type 3 SqFt: 802.0
  • Unit Type 3 Units Total: 1
Unit 4 Information
  • Unit Type 4 Baths Total: 1
  • Unit Type 4 Baths Decimal: 1.00
  • Unit Type 4 Beds Total: 2
  • Unit Type 4 Features: Deck, Dishwasher, Range, Refrigerator
  • Unit Type 4 Rent: $850
  • Unit Type 4 SqFt: 802
  • Unit Type 4 UnitsTotal: 1

Schools near 5495 South A 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
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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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 Hybrid 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: 03/26/2025 10:06 AM