Beds
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Do not disturb tenants. Showings upon accepted offer. Two single level units two bedrooms and one bath each. 840 square feet plus each has an approximately 300 square foot garage. Newer roof, paint and many upgrades. Fenced corner lot. Short trip to park, river and bike paths.Do not disturb tenants. Showings upon accepted offer. Two single level units two bedrooms and one bath each. 840 square feet plus each has an approximately 300 square foot garage. Newer roof, paint and many upgrades. Fenced corner lot. Short trip to park, river and bike paths.
  1. Listed by Joe Williams • ICON Real Estate Group

Amenities

  • Corner Lot
  • Garage
LISTING CLOSED: 11/30/2020 12:00 AM

Property Details for 557 Water Street

StatusSold
MLS #20385643
Days on Market93
Taxes$2,958 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti Family
Year Built1972
Lot Size-
CountyLane County

Location

Listing Courtesy of ICON Real Estate Group

Sold By ICON Real Estate Group

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Building Information for 557 Water Street

Stories1Residences2Year Built1972Building Size-Lot Size-

Payment Calculator

$1,873 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,627

Property Taxes

$247

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 557 Water Street

Summary
Location and General Information
  • Area: Lane Co: Springfield
  • Country: US
  • Directions: Pioneer Pwy ,W on D,RT on Wate
  • Road Surface: Paved
Parking
  • Parking Features: Attached,Garage
Taxes and HOA Information
  • FIRPTA Y/N: No
  • Tax Year: 2019
  • Tax Deferral YN: No
Virtual Tour
  • Video Virtual Tour 1 Y/N: No
Property
Lot Information
  • Lot Description: Corner Lot, Level
  • Zoning: R1
Property and Assessments
  • Water Description: Public
  • Property Condition: Existing
Utilities
  • Fuel Description: Electricity
  • Heating Description: Other
  • Hot Water Description: Electricity
  • Sewer Description: Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior Description: T-111 Siding
  • Roof Type: Composition
Interior Features
  • Basement: Crawl Space
  • Foundation Details: Concrete Perimeter
  • View Y/N: Yes
  • View: Territorial
Amenities
Amenities Information
  • Internet Service Type: Cable,Satellite
Multi Family
Multi-Family Information
  • Gross Income Actual: $21,600
  • Gross Rent Multiplier: 15
  • Investor Information: According To Owner
  • Net Income Actual: $18,600
  • Occupancy Types: Month To Month
  • Operating Expenses Actual: $3,000
  • Security Features: None
  • SqFt Approximate Building Total: 1680
  • Storage: Garage(s)
  • Unit Features: Range
  • Unit Type Type: 1, 2
Unit 1
  • Unit Type 1 Baths Total: 1
  • Unit Type 1 Beds Total: 2
  • Unit Type 1 Features: Range
  • Unit Type 1 Rent: $900
  • Unit Type 1 SqFt: 840.0
  • Unit Type 1 Units Total: 1
Unit 2
  • Unit Type 2 Baths Total: 1
  • Unit Type 2 Beds Total: 2
  • Unit Type 2 Features: Range
  • Unit Type 2 Rent: $900
  • Unit Type 2 SqFt: 840.0
  • Unit Type 2 Units Total: 1

Property History for 557 Water Street

DateEvent & SourcePriceAppreciation
Nov 25, 2020

Sold (Public Record)

Public Record #683896456

$320,000

+3.9% / yr

Sep 15, 2005

Sold (Public Record)

Public Record #164675906

$180,000
DateEvent & SourcePrice
11/25/2020

Sold (Public Record)

Public Record #683896456

$320,000

+3.9% / yr

09/15/2005

Sold (Public Record)

Public Record #164675906

$180,000

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

Public Records for 557 Water Street

Taxable ValueLand-Additions-Total-
Tax Record2025$3,510 ($293 / month)
Home Facts
Baths2Total Finished SqFt1,680 SqFtAbove Grade Finished SqFt1,680 SqFtStories1Lot Size6,098 SqFtStyleDuplexYear Built1972ZoningMD- MEDIUM DECountyLANEAPN17-03-35-23-05300-000

Schools near 557 Water 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
Centennial Elementary School
PublicK to 5

Hamlin Middle School
Public6 to 8

Springfield High School
Public9 to 12

Academy Of Arts And Academics
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 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: 12/01/2020 04:29 PM