Prime Thurston neighborhood duplex — a rare chance to own a turnkey income property with a built-in value-add play.This exceptional, well-maintained duplex offers 2,268 square feet of total living space across two generously sized units. Each side features a spacious 3-bedroom, 1.5-bathroom layout , situated on a 6,098 SF lot in one of Springfield's most sought-after neighborhoods. Built in 1993 and zoned MD – Medium Density Residential, this property checks every box for investors, house-hackers, and landlords alike.Both unit are tenant-occupied and generating $1,260/month and $1725/month in immediate rental income.Investors will appreciate the significant recent upgrades, including brand-new siding, windows, and sliding doors, a solid roof that is only 4-5 years old, and new mini-split heating and AC systems for tenant comfort and energy efficiency.
Active
$525,000
215 Smith Loop, Springfield, OR 97478
6beds
2,268sqft
Multi Family
Built in 1993
-- sqft lot
$-- Zestimate®
$231/sqft
$-- HOA
What's special
Brand-new siding
- 43 days |
- 542 |
- 24 |
Zillow last checked:
Listing updated:
Listed by:
Daniel Gandee dan@theoperativegroup.com,
Real Broker,
Derik Bannister 530-736-7085,
Real Broker
Source: RMLS (OR),MLS#: 353491641
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 2
- Partial bathrooms: 2
Heating
- Mini Split
Cooling
- Air Conditioning
Appliances
- Included: Electric Water Heater
Features
- Basement: Crawl Space
Interior area
- Total structure area: 2,268
- Total interior livable area: 2,268 sqft
Property
Parking
- Total spaces: 2
- Parking features: Carport, Driveway
- Garage spaces: 2
- Has carport: Yes
- Has uncovered spaces: Yes
Features
- Stories: 2
Lot
- Size: 6,098 Square Feet
- Features: SqFt 5000 to 6999
Details
- Parcel number: 1286572
- Zoning: MD
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Lap Siding
- Foundation: Skirting
- Roof: Shingle
Condition
- Unknown
- Year built: 1993
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Springfield
Financial & listing details
- Price per square foot: $231/sqft
- Tax assessed value: $425,926
- Annual tax amount: $4,480
- Date on market: 5/1/2026
- Listing terms: Cash,Conventional,FHA,Owner Will Carry,VA Loan
- Total actual rent: 2985
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/2/2026 | Listed for sale | $525,000+288.9%$231/sqft |
Source: | ||
| 3/4/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 2/28/2023 | Listed for rent | $1,600+18.5%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/24/2021 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 6/22/2021 | Listed for rent | $1,350$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 1/15/1999 | Sold | $135,000$60/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,481 +1.6% | $244,357 +3% |
| 2024 | $4,408 +4.4% | $237,240 +3% |
| 2023 | $4,221 +3.4% | $230,331 +3% |
| 2022 | $4,083 +1.8% | $223,623 +3% |
| 2021 | $4,010 +3% | $217,110 +3% |
| 2020 | $3,893 +3.1% | $210,787 +3% |
| 2019 | $3,775 +6.1% | $204,648 +3% |
| 2018 | $3,559 | $198,688 +3% |
| 2017 | $3,559 +4.1% | $192,901 +3% |
| 2016 | $3,420 +2.4% | $187,283 +12.2% |
| 2015 | $3,339 +16.3% | $166,958 -8.2% |
| 2014 | $2,872 -7.3% | $181,828 +3.4% |
| 2013 | $3,099 +7.4% | $175,791 +1.6% |
| 2012 | $2,886 | $172,940 -2% |
| 2011 | -- | $176,532 +1.4% |
| 2010 | -- | $174,158 +3% |
| 2009 | -- | $169,085 +3% |
| 2008 | -- | $164,160 +3% |
| 2007 | -- | $159,379 +3% |
| 2006 | -- | $154,737 +3% |
| 2005 | -- | $150,230 +3% |
| 2004 | -- | $145,854 +3% |
| 2003 | -- | $141,606 +3% |
| 2002 | -- | $137,482 +3% |
| 2001 | -- | $133,478 +3% |
| 2000 | -- | $129,590 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 97478
Nearby schools
GreatSchools rating
- 2/10Riverbend Elementary SchoolGrades: K-5Distance: 0.8 mi
- 6/10Agnes Stewart Middle SchoolGrades: 6-8Distance: 1.3 mi
- 5/10Thurston High SchoolGrades: 9-12Distance: 1.7 mi
Schools provided by the listing agent
- Elementary: Riverbend
- Middle: Agnes Stewart
- High: Thurston
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Oregon
- Lane County
- Springfield
- 97478
- 215 Smith Loop





