993 N CLOVERLEAF LOOP, Springfield, OR 97477

$475,000

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List Price
$475,000
Days on Market
1
MLS#
350046692
Property Type
Multifamily
Lot Size
7, 000 to 9, 999 SqFt
Region
Lane Co: Hayden Bridge
Status
ACTIVE

Property Description

Turnkey investment opportunity in a prime Springfield location! Ideally situated within walking distance of Gateway Mall with quick and convenient access to I-5, this fully occupied duplex offers strong rental performance and an attractive 6.16% cap rate. Each spacious unit features 2 bedrooms, 1.5 bathrooms, and approximately 986 square feet of comfortable living space. Both units include an attached one-car garage, plus long driveways providing ample additional off-street parking. Each side also enjoys its own private fenced backyard, with additional land extending beyond the fenced areas. With a strong occupancy history, solid market rents, and tenants responsible for all utilities, this property is positioned as a low-maintenance addition to an investment portfolio. The functional layouts, individual garages, private outdoor spaces, and convenient location help support long-term tenant appeal and rental demand. Excellent proximity to shopping, dining, services, and major transportation routes makes this an attractive rental location in the Eugene-Springfield market. Property is fully occupied. Please do not disturb tenants. Contact your agent for additional information, rental details, and showing instructions.

Additional Information

Tax Amount
$3,784
Year Built
1977
High School
Springfield
Elementary School
Guy Lee
Middle School
Hamlin
Garage Spaces
2
Acres
0.17
Stories
2
Terms
Cash, Conventional, FHA, VA Loan
Cooling Description
Window Unit(s)
Fuel Description
Electricity
Heating Description
Zoned
Hoa Rent Includes
None
Hot Water Description
Electricity
Exterior Description
Wood Siding
Roof Type
Composition
Sewer Description
Public Sewer
View
City, Seasonal
Parking
Driveway, Garage
Parking Description
Driveway, Garage
Road Surface
Paved
Number Of Units Total
2
Unit Type One Baths Total
2
Unit Type One Beds Total
2
Unit Type One Rent
1400
Unit Type One Sq Ft
986
Unit Type One Units Total
1
Unit Type Two Baths Total
2
Unit Type Two Beds Total
2
Unit Type Two Units Total
1

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Amount of Loan
Annual Interest Rate
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Term of Loan
Years

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Calculator source: Real Geeks

Listing courtesy of Coldwell Banker Professional.

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