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  • $537,500

    450 Cardinal Way, Springfield, OR 97477

    4beds
    1,647sqft
    Multi Family
    Built in 1962
    -- sqft lot
    $537,400 Zestimate®
    $326/sqft
    $1,635 Estimated rent

    Home value

    $537,400

    $505,000 - $570,000

    $1,635/mo

    Zestimate® history
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    $1,635/mo

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    $3,431/mo

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    What's special

    DUPLEX ALERT 450 & 456 CARDINAL. Please do not disturb the tenants and call for an appointment. Outstanding in both location and quality this single level duplex is in sight of Riverbend hospital. Across the street from greenbelt and walking trails this property has an exceptional location with public transportation and services nearby. Care of both sides has been immaculate and pride of ownership felt throughout. Each side offers two bedrooms, one bath, a garage as well as a large private fenced backyard. Many updates including vinyl windows, paint, carpet, vinyl flooring and ductless heat pumps. Kitchens have been updated with stainless steel appliances, cabinetry and attractive countertops. Bathrooms have also been updated during ownership and are equipped with vanities with expanded counter and storage space as well as a tub/shower combo with surround. Bedrooms are roomy and enjoy gorgeous wood floors. Always a popular rental and the current owners enjoyed living in the 450 side for years. Current tenants are happy and would prefer to stay. Scheduled combined rent beginning in October is $3,400 per month. Great potential location for an Air BnB or Furnished Finders property with the proximity to the hospital.

    Zillow last checked:

    Listing updated:

    Listed by:

    Joe Williams ICON@TheICONREGroup.com,

    ICON Real Estate Group

    Bought with:

    Paula Thompson, 200508157

    RE/MAX Integrity

    Source: RMLS (OR),MLS#: 635951122MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Ceiling, Ductless
    Cooling
    • Heat Pump, Air Conditioning
    Appliances
    • Included: Dishwasher, Range, Refrigerator, Electric Water Heater
    Features
    • Basement: Crawl Space
    Interior area
    • Total structure area: 1,647
    • Total interior livable area: 1,647 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Driveway, Garage
    • Garage spaces: 2
    • Has uncovered spaces: Yes
    Features
    • Stories: 1
    • Has view: Yes
    • View description: Park/Greenbelt, Territorial
    Lot
    • Size: 0.29 Acres
    • Features: Corner Lot, Level, SqFt 10000 to 14999
    Details
    • Parcel number: 0188993
    • Zoning: Mul Com

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Lap Siding
    • Foundation: Concrete Perimeter
    • Roof: Composition
    Condition
    • Updated/Remodeled
    • Year built: 1962

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Public
    • Utilities for property: Cable Connected

    Community & HOA

    HOA
    • Has HOA: No
    Location
    • Region: Springfield

    Financial & listing details

    • Price per square foot: $326/sqft
    • Tax assessed value: $508,384
    • Annual tax amount: $3,999
    • Date on market: 7/3/2026
    • Cumulative days on market: 31 days
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Total actual rent: 3321
    • Road surface type: Paved

    Price history

    DateEventPrice
    9/9/2026Sold$537,500-5.7%$326/sqft
    Source: RMLS (OR) #635951122 Report a problem
    8/4/2026Pending sale$569,900$346/sqft
    Source: RMLS (OR) #635951122 Report a problem
    7/23/2026Price change$569,900-1.7%$346/sqft
    Source: RMLS (OR) #635951122 Report a problem
    7/4/2026Listed for sale$579,900$352/sqft
    Source: RMLS (OR) #635951122 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,000 +1%$241,807 +3%
    2024$3,961 +2.5%$234,765 +3%
    2023$3,865 +3.7%$227,928 +3%
    2022$3,727 +7.2%$221,290 +3%
    2021$3,475 -0.9%$214,845 +3%
    2020$3,506 +3.5%$208,588 +3%
    2019$3,388 +7.2%$202,513 +3%
    2018$3,160 $196,615 +3%
    2017$3,160 +3.7%$190,888 +3%
    2016$3,046 +7.1%$185,328 +3%
    2015$2,845 +3.6%$179,930 +3%
    2014$2,746 +3.2%$174,689 +3%
    2013$2,660 +18.9%$169,601 +3%
    2012$2,238 $164,661 +3%
    2011-- $159,865 +3%
    2010-- $155,209 +3%
    2009-- $150,688 +3%
    2008-- $146,299 +3%
    2007-- $142,038 +3%
    2006-- $137,901 +3%
    2005-- $133,884 +3%
    2004-- $129,984 +3%
    2003-- $126,198 +3%
    2002-- $122,522 +3%
    2001-- $118,953 +3%
    2000-- $115,488
    Find assessor info on the county website

    Neighborhood: 97477

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Bertha Holt
    • Middle: James Monroe
    • High: Sheldon

    Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $537,400
    2% more
    +$10,748
    With Zillow Showcase(estimated)
    $548,148
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $537,400
    2% more
    +$10,748
    With Zillow Showcase(estimated)
    $548,148