87851 Cedar Flat Rd

Beds
Baths
3,584 Sq. Ft.
$223 / Sq. Ft.
3,584
Sq. Ft.
$223
per Sq. Ft.

Description

Thoroughly unique country duplex property boasting 5 bedrooms and 2 full baths on one side and 4 bedrooms with 2 full baths on the other and featuring over a full acre of level & usable pasture land just waiting for your livestock, crops and outbuildings. Super close-in location adjacent to the adorable community of Cedar Flat with its local restaurant, coffee shop, convenience store and gas station all in walking distance! Opportunity knocks with gross annual income at $52,200 or a golden opportunity...Thoroughly unique country duplex property boasting 5 bedrooms and 2 full baths on one side and 4 bedrooms with 2 full baths on the other and featuring over a full acre of level & usable pasture land just waiting for your livestock, crops and outbuildings. Super close-in location adjacent to the adorable community of Cedar Flat with its local restaurant, coffee shop, convenience store and gas station all in walking distance! Opportunity knocks with gross annual income at $52,200 or a golden opportunity for the owner occupant and multigenerational living.
  1. Listed by Michael Sims • RE/MAX Integrity • 541-345-8100

Property Details for 87851 Cedar Flat Road

Parking Features
Driveway, RVAccess Parking
Zoning
RR5
View
Mountain, Territorial
Garage Spaces
2.00
Parking Total
2.00
LISTING UPDATED: 02/19/2026 01:29 PM

Property Details for 87851 Cedar Flat Road

StatusActive
MLS #152085967
Days on Market47
Taxes$3,202 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1997
Lot Size1.68 AC / 73,180 SF
CountyLane County

Location

Listing Courtesy of RE/MAX Integrity
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Building Information for 87851 Cedar Flat Road

Stories2Residences2Year Built1997Building Size-Lot Size1.68 AC / 73,180 SF

Payment Calculator

$4,295 per month

30 year fixed, 6.46% Interest

Principal and Interest

$4,028

Property Taxes

$267

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 87851 Cedar Flat Road

Summary
Location and General Information
  • Country: US
  • Directions: Mc Kenzie Hwy ~ South on Cedar Flat
  • Road Surface: Paved
School Information
  • Elementary School: Walterville
  • High School: Thurston
  • Middle Or Junior School: Thurston
Taxes and HOA
  • Tax Year: 2025
  • Tax Annual Amount: $3,202.39
  • Parcel Number: 1600780
  • Tax Legal Description: Map & Taxlot#17-01-32-20-02702
Property
Lot Information
  • Acres: 1.68
  • Lot Description: Level, Public Road
  • Lot Size Square Feet: 73180.0
  • Lot Size Range: Acres1to3
  • Lot Size: 1 to 2.99 Acres
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Private, Well
  • Property Condition: Existing
  • Year Built: 1997
Utilities
  • Cooling Description: Heat Pump
  • Fuel Description: Electricity
  • Heating Description: Forced Air, Heat Pump
  • Hot Water Description: Electricity
  • Sewer Description: Septic Tank
  • Rent Includes: Sewer
Interior and Exterior Features
Exterior Features
  • Exterior Description: Lap Siding, T111Siding
  • 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: 2
  • Gross Income Actual: $52,200.00
  • Gross Rent Multiplier: $15.32
  • Investor Information: According To Owner, Leases
  • Net Income Actual: $48,998.00
  • Operating Expense: $3,202.00
  • Unit Type Type: Unit Type Type1, Unit Type Type2
  • SqFt Approximate Building Total: 3584
Unit 1 Information
  • Unit Type 1 Baths Total: 2
  • Unit Type 1 Baths Decimal: 2.00
  • Unit Type 1 Beds Total: 4
  • Unit Type 1 Features: Air Conditioning, Dishwasher, Range, Refrigerator
  • Unit Type 1 Rent: $2,250
  • Unit Type 1 SqFt: 1440.0
  • Unit Type 1 Units Total: 1
Unit 2 Information
  • Unit Type 2 Baths Total: 2
  • Unit Type 2 Baths Decimal: 2.00
  • Unit Type 2 Beds Total: 5
  • Unit Type 2 Features: Air Conditioning, Dishwasher, Range, Refrigerator
  • Unit Type 2 Rent: $2,100
  • Unit Type 2 SqFt: 1944.0
  • Unit Type 2 Units Total: 1

Public Records for 87851 Cedar Flat Road

Taxable ValueLand-Additions-Total-
Tax Record2025$3,202 ($267 / month)
Home Facts
Baths2Total Finished SqFt3,384 SqFtAbove Grade Finished SqFt3,384 SqFtStories2Lot Size73,181 SqFtStyleDuplexYear Built1997ZoningRR5-RURAL RESCountyLANEAPN17-01-32-20-02702-000

Schools near 87851 Cedar Flat Road

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 - K to 5
Rating
School
Distance
Walterville Elementary School
PublicK to 5

Briggs Middle School
Public6 to 8

Thurston High School
Public9 to 12

Camp Creek Elementary School
PublicK to 5

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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87851 Cedar Flat Road is a multi-family home for sale in Springfield, OR 97478. This property was listed for sale on February 19, 2026 by RE/MAX Integrity, it's currently listed at $799,900. This listing's school district is Springfield School District 19. Nearby schools include Walterville Elementary School, Briggs Middle School and Thurston High School. 87851 Cedar Flat Road is a 0-bed, 0-bath, 3,584 sqft multi-family home built in 1997.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Integrity

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