588 38th Street

Sold 5/2/18
Sold 5/2/18
Gallery Image 1
Sold
Last Sold Price
$239,000
588 38th St, Springfield, OR 97478
1950Year Built
6 carsParking Spaces

Description

Income Producing DUPLEX for sale! Main unit features 3 bed x 1 bath, liv rm, fam rm & sm office with cute kitchen and all appliances including dishwasher. Smaller unit features 3 beds, 1 bath w/ sm kitchen. Both units have fenced in back yards & storage. This is a large corner lot that provides over 6 parking spaces plus plenty of off street parking. Currently occupied, 24 hr notice required for showings. Don't miss this & write a offerIncome Producing DUPLEX for sale! Main unit features 3 bed x 1 bath, liv rm, fam rm & sm office with cute kitchen and all appliances including dishwasher. Smaller unit features 3 beds, 1 bath w/ sm kitchen. Both units have fenced in back yards & storage. This is a large corner lot that provides over 6 parking spaces plus plenty of off street parking. Currently occupied, 24 hr notice required for showings. Don't miss this & write a offer
  • Listed by: Sarah Conway • ICON Real Estate Group
Listing closed: 05/02/2018 12:00 AM • Source: RMLS, MLS#: 17328773

Recent comparable sales

Median sold price

$230,000

Avg days on market

94

Sale-to-list ratio

98.7%

Springfield, OR

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Amenities

  • Back Yard
  • Corner Lot
  • Dishwasher
  • Street Parking
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Location

Listing Courtesy of ICON Real Estate Group

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$1,469 per month

30 year fixed, 6.71% Interest

Principal and Interest

$1,235

Property Taxes

$234

HOA Dues

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Property Information for 588 38th Street

Property Details
Building Information
  • Residences: 2
  • Year Built: 1950
Summary
Location and General Information
  • Area: Lane Co: Springfield
  • Country: US
  • Directions: Main Street to 38th
Parking
  • Garage Or Parking Spaces: 6
  • Parking Description: Assigned, Guest
Taxes and HOA Information
  • FIRPTA Y/N: No
Virtual Tour
  • Video Virtual Tour 1 Y/N: No
Property
Lot Information
  • Lot Description: Level
  • Zoning: LD
Property and Assessments
  • Water Description: Public
Utilities
  • Fuel Description: Electricity
  • Heating Description: Wall Furnace
  • Hot Water Description: Electricity
  • Sewer Description: Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior Description: Wood Siding
  • Roof Type: Composition
Interior Features
  • Basement Foundation: Slab, Stem Wall
  • View Y/N: No
Multi Family
Multi-Family Information
  • Gross Income Actual: $22,000
  • Gross Income Projected: $28,500
  • Gross Rent Multiplier: 11
  • Investor Information: According to Owner
  • Net Income Actual: $19,390
  • Net Income Projected: $25,520
  • Occupancy Types: Month to Month
  • Operating Expenses Actual: $2,810
  • Operating Expenses Projected: $2,810
  • SqFt Approximate Building Total: 2810
  • Storage: Locked
  • Unit Features: Dishwasher, Range, Refrigerator
  • Unit Type Type: 1, 2
Unit 1
  • Unit Type 1 Baths Total: 1
  • Unit Type 1 Beds Total: 3
  • Unit Type 1 Features: Dishwasher, Range, Refrigerator
  • Unit Type 1 Rent: $950
  • Unit Type 1 SqFt: 1250.0
  • Unit Type 1 Units Total: 1
Unit 2
  • Unit Type 2 Baths Total: 1
  • Unit Type 2 Beds Total: 3
  • Unit Type 2 Features: Refrigerator
  • Unit Type 2 Rent: $900
  • Unit Type 2 SqFt: 850.0
  • Unit Type 2 Units Total: 1

Schools near 588 38th Street

This home is within Springfield School District 19.
Rating
School
Type
Grades
Distance
Riverbend Elementary School
Public - K to 5
Briggs Middle School
Public - 6 to 8
Thurston High School
Public - 9 to 12
Willamette Leadership Academy
Charter - 6 to 12
Rating
School
Distance
Riverbend Elementary School
PublicK to 5

Briggs Middle School
Public6 to 8

Thurston 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: 588 38th Street, Springfield, OR 97478
$239,000
–
–
–
–
3725 E Street, Springfield, OR 97478
$375,000
4
2
2,168
10,781
3688 E Street, Springfield, OR 97478
$43,000
–
2
1,188
6,970
566 38th Street, Springfield, OR 97478
$204,500
3
1,132
9,147
3724 E Street, Springfield, OR 97478
$350,000
3
1,512
4,791
563 37th Street, Springfield, OR 97478
–
–
2
1,782
9,148

Explore Nearby Homes

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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: 05/15/2018 08:13 AM