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  • $525,000

    215 Smith Loop, Springfield, OR 97478

    6beds
    2,268sqft
    : 
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    Multi Family
    Built in 1993
    -- sqft lot
    $-- Zestimate®
    $231/sqft
    $-- HOA

    What's special

    Brand-new siding
    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.
    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#: 353491641MLS Logo

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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
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        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        5/2/2026Listed for sale$525,000+288.9%$231/sqft
        Source: RMLS (OR) #353491641 Report a problem
        3/4/2023Listing removed--
        Source: Zillow Rentals Report a problem
        2/28/2023Listed for rent$1,600+18.5%$1/sqft
        Source: Zillow Rentals Report a problem
        6/24/2021Listing removed--
        Source: Zillow Rental Manager Report a problem
        6/22/2021Listed for rent$1,350$1/sqft
        Source: Zillow Rental Manager Report a problem
        1/15/1999Sold$135,000$60/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax 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

          Payment breakdown

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          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.
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          Climate risks

          Neighborhood: 97478

          Getting around

          50 / 100
          Car-Dependent
          32 / 100
          Some Transit
          83 / 100
          Very Bikeable

          Nearby schools

          GreatSchools rating
          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.

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