349 40th Street

Springfield, OR 97478

$575,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Occupants pay for all utilities (water, sewer and garbage). Operating costs for 2023 are a lot higher than normal due to repairs and remodels. We will show 1 unit and with an accepted offer we will show you all the units. Also 351 in for sale, both on separate tax lots. The foundation was lifted and repaired. STRICTLY AS IS, see addendum #1, provided by the seller. The NOI is listed is for YTD skewed because 2023 was heavy on remodel/repair.Occupants pay for all utilities (water, sewer and garbage). Operating costs for 2023 are a lot higher than normal due to repairs and remodels. We will show 1 unit and with an accepted offer we will show you all the units. Also 351 in for sale, both on separate tax lots. The foundation was lifted and repaired. STRICTLY AS IS, see addendum #1, provided by the seller. The NOI is listed is for YTD skewed because 2023 was heavy on remodel/repair.
  1. Listed by Stephen Nielsen • Keystone Real Estate
  2. Listed by Phillip Nielsen • Keystone Real Estate

Property Details for 349 40th Street

Parking Features
Off Street, On Street
Zoning
RSFR
Garage Spaces
.00
Parking Total
6.00

Location

Listing Courtesy of Keystone Real Estate
Add your commute
LISTING UPDATED: 04/19/2024 01:55 PM

Property Details for 349 40th Street

StatusActive
MLS #24175661
Days on Market14
Taxes$4,311 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1992
Lot Size0.20 AC / 8,712 SF
CountyLane County

Location

Listing Courtesy of Keystone Real Estate
Add your commute

Building Information for 349 40th Street

Stories1Residences4Year Built1992Building Size-Lot Size0.20 AC / 8,712 SF

Payment Calculator

$3,497 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,138

Property Taxes

$359

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 349 40th Street

Summary
Location and General Information
  • Country: US
  • Directions: East on Main St. left on 40th property is on the right
  • Road Surface: Paved
School Information
  • Elementary School: Riverbend
  • High School: Thurston
  • Middle Or Junior School: Briggs
Taxes and HOA
  • Tax Year: 2023
  • Tax Annual Amount: $4,311.17
  • Parcel Number: 1479136
  • Tax Legal Description: T17R02531Q14
Property
Lot Information
  • Acres: 0.2
  • Lot Description: Flood Zone, Level
  • Lot Size Square Feet: 8712.0
  • Lot Size Dimension: 78ft X112ft
  • Lot Size Range: Sq Ft7000to9999
  • Lot Size: 7,000 to 9,999 Sq Ft
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Public Water
  • Property Condition: Approximately
  • Year Built: 1992
Utilities
  • Cooling Description: None
  • Fuel Description: Electricity
  • Heating Description: Wall Heater
  • Hot Water Description: Electricity
  • Sewer Description: Public Sewer
  • Rent Includes: Maintenance Grounds
Interior and Exterior Features
Exterior Features
  • Exterior Description: T111Siding
  • Roof Type: Composition, Shingle
Interior Features
  • Basement: None
  • Foundation Details: Slab
  • Stories: 1
Multi Family
Multi-Family Information
  • Number Of Units Total: 4
  • Gross Income Actual: $33,574.00
  • Gross Rent Multiplier: $17.13
  • Investor Information: Rent Records
  • Net Income Actual: $2,665.00
  • Operating Expense: $47,012.00
  • Security Features: None
  • Storage: None
  • Unit Type Type: Unit Type Type1
  • Common Amenities: All Landscaping
Unit 1 Information
  • Unit Type 1 Baths Total: 4
  • Unit Type 1 Beds Total: 8
  • Unit Type 1 Features: Range, Refrigerator
  • Unit Type 1 Rent: $4,800
  • Unit Type 1 SqFt: 660.0
  • Unit Type 1 Units Total: 4

Public Records for 349 40th Street

Taxable ValueLand-Additions-Total-
Tax Record2023$4,311 ($359 / month)
Home Facts
Baths4Total Finished SqFt2,640 SqFtAbove Grade Finished SqFt2,640 SqFtStories1Lot Size8,712 SqFtStyleDuplexYear Built1992ZoningMD- MEDIUM DECountyLANEAPN17-02-31-14-04504-000

Schools near 349 40th 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

Briggs 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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349 40th Street is a multi-family home for sale in Springfield, OR 97478. This property was listed for sale on April 19, 2024 by Keystone Real Estate, it's currently listed at $575,000. This listing's school district is Springfield School District 19. Nearby schools include Riverbend Elementary School, Briggs Middle School and Thurston High School. 349 40th Street is a 0-bed, 0-bath, multi-family home built in 1992.

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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keystone Real Estate

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 © 2024 RMLS, Portland, Oregon. Last updated: 04/19/2024 01:55 PM