Sold
Last Sold Price
1,256 sqft$318/sqft
5570-5592 B St, Springfield, OR 97478
Multi FamilyProperty Type
0.25 acresLot Size
1948Year Built
$318/sq ftPrice per sq ft

Description

Two Homes, on One Lot! Great investment opportunity. Strong rental history. Property is close to many amenities, parks, and schools.Two Homes, on One Lot! Great investment opportunity. Strong rental history. Property is close to many amenities, parks, and schools.
  • Listed by: Javan Gray • Emerald Property Management In
Listing closed: 04/29/2026 12:00 AM • Source: RMLS, MLS#: 426887173

Location

Listing Courtesy of Emerald Property Management In

Sold By Emerald Property Management In

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Payment Calculator

$2,248 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,028

Property Taxes

$220

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 5570-5592 B Street

Property Details
  • Taxes: $2,635 / year
  • MLS Type: Multi Family
  • County: Lane County
  • Parking Features: Driveway
  • Zoning: R-1
Building Information
  • Stories: 1
  • Residences: 2
  • Year Built: 1948
  • Lot Size: 0.25 AC / 10,890 SF
Summary
Location and General Information
  • Country: US
  • Directions: End of road on B St on the left coming from 54th St.
  • Road Surface: Dirt
School Information
  • Elementary School: Riverbend
  • High School: Thurston
  • Middle Or Junior School: Agnes Stewart
Taxes and HOA
  • Management Name: Emerald Property Management
  • Management Phone: 541-741-4676
  • Tax Year: 2025
  • Tax Annual Amount: $2,634.92
  • Parcel Number: 0137354
  • Tax Legal Description: 17-02-33-42-02900
Property
Lot Information
  • Acres: 0.25
  • Lot Size Square Feet: 10890.0
  • 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
  • Year Built: 1948
Utilities
  • Cooling Description: None
  • Fuel Description: Electricity
  • Heating Description: Baseboard
  • 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
  • Stories: 1
Multi Family
Multi-Family Information
  • Number Of Units Total: 2
  • Gross Income Actual: $27,871.00
  • Gross Rent Multiplier: $14.32
  • Investor Information: Profit Loss Statement, Rent Records
  • Net Income Actual: $22,823.00
  • Operating Expense: $5,048.00
  • Unit Type Type: Unit Type Type1, Unit Type Type2
  • SqFt Approximate Building Total: 1256
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: Range, Refrigerator, Washer Dryer Hookup
  • Unit Type 1 Rent: $1,099
  • Unit Type 1 SqFt: 620.0
  • 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: Range, Refrigerator, Washer Dryer Hookup
  • Unit Type 2 Rent: $1,255
  • Unit Type 2 SqFt: 936.0
  • Unit Type 2 Units Total: 1

Schools near 5570-5592 B 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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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 5570-5592 B Street, Springfield, OR 97478
$399,000
1,256
10,890
$302,000
1,256
3
3
1,648
4,356
3
3
1,876
5,663
7,841
$400,000
3
1,472
6,098

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 Emerald Property Management In

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: 04/29/2026 07:07 PM