Great opportunity to purchase a turnkey 4-Plex in the heart of Springfield. Live in one unit & rent out the rests or add this great property to your investment portfolio. Lots of valuable updates including a brand new roof, new gutters, updated interior features & more! Each unit features two bedrooms & one bathroom. With plenty of room for parking for each unit. Both 349 40th 351 40th are available. Listed separately. Please do not disturb the tenants. Shown by appointment only! Only the vacant units are available to tour, with the remaining to be shown after an accepted offer. Call you broker today to arrange a private tour. Rental records available upon request!
Sold
$665,000
349 40th St, Springfield, OR 97478
8beds
2,640sqft
Multi Family
Built in 1992
-- sqft lot
$672,100 Zestimate®
$252/sqft
$1,731 Estimated rent
Home value
$672,100
$618,000 - $733,000
$1,731/mo
Zestimate® history
Owner options
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$1,731/mo
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$1,731/mo
Rent Zestimate®
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$4,083/mo
Est. payment
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$4,083/mo
Est. payment
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List your homeWhat's special
One bathroomUpdated interior featuresBrand new roofNew guttersTwo bedrooms
Zillow last checked:
Listing updated:
Listed by:
Jesse Haffly 541-514-7583,
eXp Realty LLC,
Izabell Senters 541-520-7241,
eXp Realty LLC
Bought with:
Shane Mast, 201204048
Oregon Life Homes
Source: RMLS (OR),MLS#: 775360815
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Zoned
Cooling
- Window Unit(s)
Appliances
- Included: Range, Refrigerator, Electric Water Heater
Features
- Storage
- Basement: None
Interior area
- Total structure area: 2,640
- Total interior livable area: 2,640 sqft
Property
Parking
- Total spaces: 10
- Parking features: Paved
Features
- Stories: 1
Lot
- Size: 8,712 Square Feet
- Features: SqFt 7000 to 9999
Details
- Parcel number: 1479136
- Zoning: R2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Siding
- Foundation: Slab
- Roof: Composition
Condition
- Updated/Remodeled
- Year built: 1992
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Springfield
Financial & listing details
- Price per square foot: $252/sqft
- Tax assessed value: $485,035
- Annual tax amount: $4,502
- Date on market: 9/18/2025
- Cumulative days on market: 8 days
- Listing terms: Cash,Conventional,FHA,VA Loan
- Total actual rent: 3919
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 11/14/2025 | Sold | $665,000-5%$252/sqft |
Source:  RMLS (OR) #775360815 Report a problem | ||
| 9/26/2025 | Pending sale | $699,900$265/sqft |
Source: RMLS (OR) #775360815 Report a problem | ||
| 9/19/2025 | Listed for sale | $699,900+43.9%$265/sqft |
Source: RMLS (OR) #775360815 Report a problem | ||
| 8/2/2024 | Sold | $486,500-15.4%$184/sqft |
Source: RMLS (OR) #24175661 Report a problem | ||
| 5/11/2024 | Pending sale | $575,000$218/sqft |
Source: RMLS (OR) #24175661 Report a problem | ||
| 4/19/2024 | Listed for sale | $575,000+85.5%$218/sqft |
Source: RMLS (OR) #24175661 Report a problem | ||
| 11/1/2016 | Listing removed | $310,000$117/sqft |
Source: Brad Anderson Real Estate #16112120 Report a problem | ||
| 9/12/2016 | Pending sale | $310,000$117/sqft |
Source: Brad Anderson Real Estate #16112120 Report a problem | ||
| 9/2/2016 | Price change | $310,000-3.1%$117/sqft |
Source: Brad Anderson Real Estate #16112120 Report a problem | ||
| 7/6/2016 | Listed for sale | $320,000$121/sqft |
Source: Brad Anderson Real Estate #16112120 Report a problem | ||
| 6/27/2016 | Pending sale | $320,000$121/sqft |
Source: Brad Anderson Real Estate #16112120 Report a problem | ||
| 6/27/2016 | Listed for sale | $320,000$121/sqft |
Source: Brad Anderson Real Estate #16112120 Report a problem | ||
| 6/1/2016 | Pending sale | $320,000$121/sqft |
Source: Brad Anderson Real Estate #16112120 Report a problem | ||
| 5/5/2016 | Listed for sale | $320,000$121/sqft |
Source: Brad Anderson Real Estate #16112120 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,577 +1.6% | $249,585 +3% |
| 2024 | $4,503 +4.4% | $242,316 +3% |
| 2023 | $4,311 +3.4% | $235,259 +3% |
| 2022 | $4,170 +1.8% | $228,407 +3% |
| 2021 | $4,095 +3% | $221,755 +3% |
| 2020 | $3,976 +3.1% | $215,297 +3% |
| 2019 | $3,856 +6.1% | $209,027 +3% |
| 2018 | $3,635 | $202,939 +3% |
| 2017 | $3,635 +4% | $197,028 +3% |
| 2016 | $3,495 +2.1% | $191,289 +3% |
| 2015 | $3,422 +2.9% | $185,717 +3% |
| 2014 | $3,324 +3.6% | $180,308 +3% |
| 2013 | $3,210 +10.2% | $175,056 +3% |
| 2012 | $2,914 | $169,957 +3% |
| 2011 | -- | $165,007 +3% |
| 2010 | -- | $160,201 +3% |
| 2009 | -- | $155,535 +3% |
| 2008 | -- | $151,005 +3% |
| 2007 | -- | $146,607 +3% |
| 2006 | -- | $142,337 +3% |
| 2005 | -- | $138,191 +3% |
| 2004 | -- | $134,166 +3% |
| 2003 | -- | $130,258 +3% |
| 2002 | -- | $126,464 +3% |
| 2001 | -- | $122,781 +3% |
| 2000 | -- | $119,205 |
Find assessor info on the county website
Neighborhood: 97478
Nearby homes
- $--2 bd1 ba-- sqft349 40th St #1, Springfield, OR 97478Off Market
- $--2 bd1 ba-- sqft349 40th St #3, Springfield, OR 97478Off Market
- $--2 bd1 ba-- sqft349 40th St #4, Springfield, OR 97478Off Market
- $342,2004 bd3 ba1.1k sqft349 40th St #A, Springfield, OR 97478Off Market
- $1,2502 bd1 ba-- sqft351 40th St #4, Springfield, OR 97478For Rent
- $470,5006 bd4 ba1.3k sqft4004 C St, Springfield, OR 97478Off Market
- $674,9008 bd4 ba2.6k sqft351 40th St, Springfield, OR 97478Pending
- $469,1006 bd4 ba1.3k sqft4009 C St, Springfield, OR 97478Off Market
Nearby schools
GreatSchools rating
- 2/10Riverbend Elementary SchoolGrades: K-5Distance: 1.2 mi
- 6/10Briggs Middle SchoolGrades: 6-8Distance: 1.9 mi
- 5/10Thurston High SchoolGrades: 9-12Distance: 2.1 mi
Schools provided by the listing agent
- Elementary: Riverbend
- Middle: Briggs
- 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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- Oregon
- Lane County
- Springfield
- 97478
- 349 40th St
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