608 4th St

Springfield, OR 97477

$699,000
Price
—
Beds
—
Baths
1,792 Sq. Ft.
$390 / Sq. Ft.
1,792
Sq. Ft.
$390
per Sq. Ft.
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Porch
Unit #1
Unit #1
Unit #1
Unit #1
Unit #1
Unit #1
Unit #1
Unit #1
Unit #1
Unit #1
Unit #1
Unit #1
Unit #1
Entrance/Foyer
Unit #3
Unit #3
Unit #3
Unit #3
Unit #4
Unit #2
Unit #2
Unit #2
Unit #3
Laundry
Laundry
Parking
Parking
Approximate Property Lines

Description

Outstanding investment opportunity in the heart of Springfield's desirable Washburne District. Situated on a corner lot with alley access, this well-maintained fourplex offers excellent income potential with the added possibility of future development. The City has indicated there may be room to build a duplex on the west side of the property; buyers are encouraged to perform their own due diligence regarding development potential. The property consists of four one-bedroom, one-bath units, each featuring...Outstanding investment opportunity in the heart of Springfield's desirable Washburne District. Situated on a corner lot with alley access, this well-maintained fourplex offers excellent income potential with the added possibility of future development. The City has indicated there may be room to build a duplex on the west side of the property; buyers are encouraged to perform their own due diligence regarding development potential. The property consists of four one-bedroom, one-bath units, each featuring a living room and kitchen. One of the four units have been substantially updated, with Unit 1 receiving a beautiful, complete remodel that includes red oak hardwood floors, granite countertops, all-new appliances, new electrical, and a new sink and toilet. Unit 2 features new flooring, appliances, windows, base cabinets, and countertops. Unit 3 has new laminate flooring and carpet, while Unit 4 offers red oak hardwood floors and vinyl windows. Additional improvements include a new roof installed in 2023, vinyl windows, a new water heater, and a shared laundry room with a new coin-operated washer and dryer. Tenants also enjoy abundant off-street concrete parking and the convenience of a Level 2 electric vehicle charger. The property is zoned Medium Density Residential, offering excellent long-term investment potential. Shown by accepted offer only. Seller pays $70 per month for exterminator, $23 gas, $36 electric, $100 gardener, $125 maid service for common areas. Laundry income is $70 per month.
  1. Listed by Renee Swartz • RE/MAX Integrity • 541-345-8100

Property Details for 608 4th Street

Subdivision
WASHBURNE HISTORIC DISTRICT
Parking Features
Paved
Zoning
Muli
View
City
LISTING UPDATED: 07/08/2026 12:05 AM

Property Details for 608 4th Street

StatusActive
MLS #479826573
Days on Market3
Taxes$2,855 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti Family
Year Built1910
Lot Size0.24 AC / 10,454 SF
CountyLane County
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Location

Listing Courtesy of RE/MAX Integrity
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Building Information for 608 4th Street

Stories2Residences4Year Built1910Building Size-Lot Size0.24 AC / 10,454 SF

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$3,721 per month

30 year fixed, 6.36% Interest

Principal and Interest

$3,483

Property Taxes

$238

HOA Dues

$0

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Property Information for 608 4th Street

Summary
Location and General Information
  • Country: US
  • Directions: Corner of 4th & E street
  • Road Surface: Paved
School Information
  • Elementary School: Two Rivers
  • High School: Springfield
  • Middle Or Junior School: Hamlin
Taxes and HOA
  • Tax Year: 2025
  • Tax Annual Amount: $2,854.98
  • Parcel Number: 0311645
  • Tax Legal Description: TL 02800
Property
Lot Information
  • Acres: 0.24
  • Lot Description: Corner Lot, 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: 1910
Utilities
  • Fuel Description: Electricity
  • Heating Description: Baseboard, Wall Heater
  • Hot Water Description: Electricity
  • Sewer Description: Public Sewer
  • Rent Includes: Sewer, Trash Collection
Interior and Exterior Features
Exterior Features
  • Exterior Description: Wood Siding
  • Roof Type: Composition
Interior Features
  • Basement: Crawl Space
  • Foundation Details: Concrete Perimeter
  • Stories: 2
Amenities
Amenities Information
  • Internet Service Type: Cable
Multi Family
Multi-Family Information
  • Number Of Units Total: 4
  • Gross Income Actual: $56,712.00
  • Gross Rent Multiplier: $12.33
  • Investor Information: According To Owner
  • Net Income Actual: $42,552.00
  • Operating Expense: $14,160.00
  • Security Features: Entry
  • Storage: Attached
  • Unit Type Type: Unit Type Type1, Unit Type Type2, Unit Type Type3, Unit Type Type4
  • Common Amenities: Laundry
  • SqFt Approximate Building Total: 1792
Unit 1 Information
  • Unit Type 1 Baths Total: 1
  • Unit Type 1 Baths Decimal: 1.00
  • Unit Type 1 Beds Total: 1
  • Unit Type 1 Features: Hardwood Floors, Range, Refrigerator, Window Coverings
  • Unit Type 1 Rent: $1,349
  • Unit Type 1 SqFt: 448.0
  • 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: 1
  • Unit Type 2 Features: Hardwood Floors, Range, Refrigerator, Window Coverings
  • Unit Type 2 Rent: $1,336
  • Unit Type 2 SqFt: 448.0
  • Unit Type 2 Units Total: 1
Unit 3 Information
  • Unit Type 3 Baths Total: 1
  • Unit Type 3 Baths Decimal: 1.00
  • Unit Type 3 Beds Total: 1
  • Unit Type 3 Features: Hardwood Floors, Range, Refrigerator, Window Coverings
  • Unit Type 3 Rent: $1,262
  • Unit Type 3 SqFt: 448.0
  • 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: 1
  • Unit Type 4 Features: Hardwood Floors, Range, Refrigerator, Window Coverings
  • Unit Type 4 Rent: $709
  • Unit Type 4 SqFt: 448
  • Unit Type 4 UnitsTotal: 1

Property History for 608 4th Street

DateEvent & SourcePriceAppreciation
Mar 9, 2022

Sold (Public Record)

Public Record #1484825678

$600,000

+8.9% / yr

Dec 3, 2009

Sold (Public Record)

Public Record #279022359

$209,900—
DateEvent & SourcePrice
03/09/2022

Sold (Public Record)

Public Record #1484825678

$600,000

+8.9% / yr

12/03/2009

Sold (Public Record)

Public Record #279022359

$209,900

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

Public Records for 608 4th Street

Taxable ValueLand-Additions-Total-
Tax Record2025$2,855 ($238 / month)
Home Facts
Baths4Total Finished SqFt1,792 SqFtAbove Grade Finished SqFt1,792 SqFtStories2Lot Size10,454 SqFtStyleQuadraplexYear Built1910Year Renovated1968ZoningMD- MEDIUM DECountyLANEAPN17-03-35-24-02800-000

Schools near 608 4th Street

This home is within Springfield School District 19.
Rating
School
Type
Grades
Distance
Two Rivers Dos Rios Elementary School
Public - K to 5
Hamlin Middle School
Public - 6 to 8
Springfield High School
Public - 9 to 12
Academy Of Arts And Academics
Public - 9 to 12
Rating
School
Distance
Two Rivers Dos Rios 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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More information about 608 4th Street, Springfield, OR 97477

608 4th Street is a multi-family home for sale in Springfield, OR 97477. This property was listed for sale on July 8, 2026 by RE/MAX Integrity, it's currently listed at $699,000. It has been on the market for a total of 3 days and was last sold on March 9, 2022. This listing's school district is Springfield School District 19. Nearby schools include Two Rivers Dos Rios Elementary School, Hamlin Middle School and Springfield High School. 608 4th Street is a 0-bed, 0-bath, 1,792 sqft multi-family home built in 1910.

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 RE/MAX Integrity

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: 07/08/2026 12:05 AM