Investor opportunity with significant upside potential! This well-maintained duplex offers two spacious units, each featuring 3 bedrooms, 2.5 bathrooms, approximately 1,483 square feet of living space, indoor laundry, attached single-car garages, and private fenced backyards. The functional two-story floorplans provide desirable living spaces that continue to attract long-term tenants. Newer roof (2023), new fencing (2026), new exterior paint (2026), LVP flooring main level in both units. Conveniently located in northeast Springfield near shopping, schools, medical facilities, and major commuter routes, this property offers a strong combination of location, unit mix, and long-term investment potential. Whether you're looking to expand your portfolio or acquire a value-add asset with built-in upside, this duplex deserves serious consideration. Buyer to perform their own due diligence.
Active
$579,000
4135 Forsythia St, Springfield, OR 97478
6beds
2,966sqft
:
Get pre-qualified$4,001/mo
Multi Family
Built in 1997
-- sqft lot
$-- Zestimate®
$195/sqft
$-- HOA
What's special
Private fenced backyardsFunctional two-story floorplansAttached single-car garagesSpacious unitsIndoor laundry
- 46 days |
- 656 |
- 39 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Kara Schmidt 541-954-0286,
Elevate Real Estate Group,
Olivia Schmidt 541-525-3424,
Elevate Real Estate Group
Source: RMLS (OR),MLS#: 408554476
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 6
- Full bathrooms: 4
- Partial bathrooms: 2
Appliances
- Included: Dishwasher, Microwave, Range, Electric Water Heater
- Laundry: Washer Dryer Hookup
Features
- Basement: Crawl Space
Interior area
- Total structure area: 2,966
- Total interior livable area: 2,966 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Driveway, Garage
- Garage spaces: 2
- Has uncovered spaces: Yes
Features
- Stories: 2
Lot
- Size: 6,534 Square Feet
- Features: Level, SqFt 5000 to 6999
Details
- Parcel number: 1582582
- Zoning: R1, R2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- T111 Siding
- Roof: Composition,Shingle
Condition
- Existing
- Year built: 1997
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Springfield
Financial & listing details
- Price per square foot: $195/sqft
- Tax assessed value: $573,543
- Annual tax amount: $6,102
- Date on market: 6/17/2026
- Listing terms: Cash,Conventional,FHA
- Total actual rent: 2480
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/18/2026 | Listed for sale | $579,000+169.3%$195/sqft |
Source:  RMLS (OR) #408554476 Report a problem | ||
| 11/5/2013 | Sold | $215,000+481.1%$72/sqft |
Source: RMLS (OR) #13235577 Report a problem | ||
| 6/18/1997 | Sold | $37,000$12/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,103 +1.6% | $332,814 +3% |
| 2024 | $6,004 +4.4% | $323,121 +3% |
| 2023 | $5,749 +3.4% | $313,710 +3% |
| 2022 | $5,561 +1.8% | $304,573 +3% |
| 2021 | $5,461 +13.2% | $295,702 +8.1% |
| 2020 | $4,825 +13% | $273,642 +12.9% |
| 2019 | $4,271 +11.8% | $242,477 +8.6% |
| 2018 | $3,819 | $223,181 +8.6% |
| 2017 | $3,819 +8% | $205,577 -3.9% |
| 2016 | $3,535 -4.7% | $213,931 -27.7% |
| 2015 | $3,710 -29.9% | $295,702 +3% |
| 2014 | $5,293 +5.6% | $287,089 +3% |
| 2013 | $5,011 +10.9% | $278,725 +3% |
| 2012 | $4,518 | $270,607 +3% |
| 2011 | -- | $262,725 +3% |
| 2010 | -- | $255,073 +3% |
| 2009 | -- | $247,644 +3% |
| 2008 | -- | $240,431 +3% |
| 2007 | -- | $233,428 +3% |
| 2006 | -- | $226,629 +3% |
| 2005 | -- | $220,028 +3% |
| 2004 | -- | $213,619 +3% |
| 2003 | -- | $207,397 +3% |
| 2002 | -- | $201,356 +3% |
| 2001 | -- | $195,491 +3% |
| 2000 | -- | $189,797 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 97478
Nearby schools
GreatSchools rating
- 8/10Douglas Gardens Elementary SchoolGrades: K-5Distance: 0.6 mi
- 6/10Agnes Stewart Middle SchoolGrades: 6-8Distance: 0.9 mi
- 4/10Springfield High SchoolGrades: 9-12Distance: 2.7 mi
Schools provided by the listing agent
- Elementary: Douglas Gardens
- Middle: Agnes Stewart
- High: Springfield
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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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.
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