Gillespie realty group

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$495,000
52 Days On Site

455 S 38TH ST
Springfield, OR97478

For Sale|Multi Family|Active
4
Beds
2
Total Baths
1,500
SqFt
$330
/SqFt
1942
Built
County:
Lane
Listing courtesy of Tim Duncan of Tim Duncan Real Estate (541) 968-8469

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455 S 38TH ST455 S 38TH ST455 S 38TH ST455 S 38TH ST
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DO NOT DISTURB TENANTS. Turn key multi family property in the heart of Springfield ready to cash flow for the next owner. Sellers have completed extensive remodel in 2023 which included: New roof, int/ext paint, flooring, electrical, plumbing, heating & AC, crawlspace insulation & vapor guard, new attic insulation, bathrooms, kitchens, ect. Front house rents for $1,795, apartment over garage rents for $1,295 & is eligible for increase. Both units are M2M. House tenant moved in 12/2025. Property is likely eligible for 1-4 more units, buyer to verify with city. LOW taxes! Sellers are licensed realtors in Oregon.

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Listing Snapshot
Price 
$495,000
Days On Site 
52 Days
Bedrooms 
4
Inside Area (SqFt) 
1,500 sqft
Total Baths 
2
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.18 Acres
Year Built 
1942
MLS® Number 
236528166
Status 
Active
Property Tax 
$2,800.96
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
20 hours agoListing updated with changes from the MLS®
a month agoPrice changed to $495,000
2 months agoListing first seen on site
General Features
Acres 
0.18
Disclosures 
Disclosure
Number Of Stories 
2
Parking 
Driveway
Parking Spaces 
6
Property Sub Type 
Multi Family
Sewer 
Public Sewer
SqFt Total 
1500
Water Source 
Public
Zoning 
R1
Interior Features
Basement 
Crawl Space
Cooling 
Heating 
Ductless
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Exterior Features
Lot Features 
Level
Roof 
Composition
Community Features
Financing Terms Available 
CashConventionalFHAVA Loan
MLS Area 
_249
Roads 
Paved
Schools
School District
Unknown
Elementary School
Douglas Gardens
Middle School
Agnes Stewart
High School
Springfield
Listing courtesy of Tim Duncan of Tim Duncan Real Estate (541) 968-8469



The content relating to real estate for sale on this website comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is Copyright © 2026 RMLS™, Portland, Oregon. Some properties which appear for sale on this website may subsequently have sold or may no longer be available.

Last checked 2026-02-04 08:42 PM PST.

All information provided is deemed reliable but is not guaranteed and should be independently verified

Neighborhood & Commute
Source: Walkscore
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