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$711,000

  • Sold
  • Sold
  • Multi-Family
See This Home
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See This Home
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4-Plex in Highly Desirable Thurston NeighborhoodExcellent investment opportunity in one of Springfield's most sought-after areas. Each townhouse-style unit offers two bedrooms and one full bath upstairs, plus a convenient half bath on the main level. The floor plan features spacious living areas, washer and dryer hookups in each private garage, and large yards - a rare find for multifamily living.These properties have a strong, long-term rental history with consistent tenant demand. The exterior was recently painted, and the current owners have cared for and maintained the property for over 20 years. This is a well-preserved and stable investment in a prime location close to schools, parks, shopping, and easy freeway access. New exterior photos and interior photos of vacant unit coming soon.!!!!

Full Property Details for 157 40th St

General

  • Sold For: $711,000
  • Taxes: $5,709 (2024)
  • Status: Sold
  • Type: Multi-Family
  • Source: RWMLS
  • MLS ID: 239958980
  • Added to Site: 72 day(s) ago

Rental Information

  • Rent Includes: Maintenance Grounds

Parking

  • Garage: Yes
  • Total Spaces: 4
  • Parking Features: Garage, Garage Door Opener

Location

  • County: Lane
  • Driving Directions: MAIN ST LEFT 40TH

School Information

  • Midd School District: Briggs
  • Elementary School: Riverbend
  • Middle School: Briggs
  • High School: Thurston

Community

  • Community Name: 249 - Lane Co: Springfield

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Zoned
  • Heating Fuel: Electricity

Utilities

  • Sewer: Public Sewer
  • Water: Public Water

Structural Information

  • Property Detached: Yes
  • Basement Desc.: Crawl Space
  • Roof: Composition
  • Stories/Levels: 2
  • Square Feet: 4,704
  • Year Built: 1973
  • Property Condition: Existing

Lot Features

  • Lot Size (Acres): 0.31
  • Lot Size (Sq. Ft.): 13,503
  • Lot Size: 10, 000 to 14, 999 SqFt
  • Frontage: Paved

Financial Considerations

  • Operating Expenses: $19,827
  • Tax Amount: $5,709.78
  • Tax Year: 2024
  • Terms: Cash, Conventional, FHA, VA Loan

Disclosures and Reports

  • Property ID: 1810637

Listed by ICON Real Estate Group (541) 915-2080, Sandra Boyst (541) 729-4063
Sold by Non Rmls Broker (503) 236-7657, OR and WA Non Rmls

Listing agent

— 157 40th St —

  • Sandra Boyst

    ICON Real Estate Group

    541-915-2080

ICON@TheICONREGroup.com

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 157 40th St

School District:Springfield School District 19
NameGradesDistance
Riverbend Elementary School, Springfield, OR
320 North 51st Street, Springfield, OR 97478
K-51.2 mi
Briggs Middle School
2355 Yolanda Avenue, Springfield, OR 97477
6-82.1 mi
Thurston High School
333 58th Street, Springfield, OR 97478
9-122.4 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 157 40th St

Date
Details
Price
Change
Source
12/22/2025
Sold
$711,000
1.57%
MLS
11/04/2025
Listed
$700,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by ICON Real Estate Group (541) 915-2080, Sandra Boyst (541) 729-4063
Sold by Non Rmls Broker (503) 236-7657, OR and WA Non Rmls

Just Listed near 157 40th St

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193 Santa Clara Ave, Eugene, OR 97404 - Photo 1 Just Listed
$445,000
Open House

193 Santa Clara Ave  Eugene, OR 97404

  • Single Family
  • Active
  • Updated 3 days ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,783
    Sq. Ft.
Listed by Triple Oaks Realty LLC, Julia Travess
223 Beringer Ct, Eugene, OR 97404 - Photo 1 Just Listed
$579,900

223 Beringer Ct  Eugene, OR 97404

  • Single Family
  • Active
  • Updated 23 hours ago
  • 3
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  • 2
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  • 2,163
    Sq. Ft.
Listed by Legacy Real Estate Lane County LLC, Stacy Freitas
3858 Mirror Pond Way, Eugene, OR 97408 - Photo 1 Just Listed
$1,200,000

3858 Mirror Pond Way  Eugene, OR 97408

  • Single Family
  • Active
  • Updated 3 hours ago
  • 4
    Beds
  • 2
    Total Baths
  • 2,914
    Sq. Ft.
Listed by Windermere RE Lane County, Katie Wilson
3025 Bailey Ln, Eugene, OR 97401 - Photo 1 Just Listed
$445,000
Open House

3025 Bailey Ln  Eugene, OR 97401

  • Single Family
  • Active
  • Updated 4 hours ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,148
    Sq. Ft.
Listed by United Real Estate Properties, Stephen Bates and United Real Estate Properties, Wayne Antone

Price Reduced near 157 40th St

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155 N McKinley St, Eugene, OR 97402 - Photo 1 Price Reduced
-$10,000 (-2.86%)
$339,850

155 N McKinley St  Eugene, OR 97402

  • Single Family
  • Active
  • Updated 5 hours ago
  • 3
    Beds
  • 1
    Total Bath
  • 1,162
    Sq. Ft.
Listed by Century 21 J.C. Jones American Dream, Julie Lozano
1890 W 12th Ave, Eugene, OR 97402 - Photo 1 Price Reduced
-$100 (-0.04%)
$282,900

1890 W 12th Ave  Eugene, OR 97402

  • Single Family
  • Active
  • Updated 21 hours ago
  • 2
    Beds
  • 1
    Total Bath
  • 726
    Sq. Ft.
Listed by Curtis Irving Realty Group, Curtis Irving
605 Fulvue Dr, Eugene, OR 97405 - Photo 1 Price Reduced
-$30,000 (-4.41%)
$650,000

605 Fulvue Dr  Eugene, OR 97405

  • Single Family
  • Active
  • Updated 1 day ago
  • 5
    Beds
  • 2
    Total Baths
  • 2,499
    Sq. Ft.
Listed by Redfin, Shana Stull
1036 Legacy St, Eugene, OR 97402 - Photo 1 Price Reduced
-$9,500 (-1.87%)
$498,900

1036 Legacy St  Eugene, OR 97402

  • Single Family
  • Active
  • Updated 6 days ago
  • 3
    Beds
  • 2
    Total Baths
  • 2,293
    Sq. Ft.
Listed by Lennar Sales Corp, Carima Torres

Recent Sales near 157 40th St

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349 40th St, Springfield, OR 97478 - Photo 1 Sold
$665,000

349 40th St  Springfield, OR 97478

  • Multi-Family
  • Sold
Listed by eXp Realty LLC, Jesse Haffly and eXp Realty LLC, Izabell Senters
Sold by Oregon Life Homes, Shane Mast
1228 S 40th Pl, Springfield, OR 97478 - Photo 1 Sold
$639,000

1228 S 40th Pl  Springfield, OR 97478

  • Single Family
  • Sold
  • 3
    Beds
  • 2
    Total Baths
  • 1,887
    Sq. Ft.
Listed by Willhite Real Estate, Deborah Willhite and Willhite Real Estate, Austin Willhite
Sold by Whitetail Properties Real Estate LLC, Ryan Kelly
1297 S 41st St, Springfield, OR 97478 - Photo 1 Sold
$679,000

1297 S 41st St  Springfield, OR 97478

  • Single Family
  • Sold
  • 3
    Beds
  • 2
    Total Baths
  • 2,227
    Sq. Ft.
Listed by Sixel Real Estate, Kit Sixel
Sold by Non Rmls Broker, OR and WA Non Rmls
1035 S 33rd St, Springfield, OR 97478 - Photo 1 Sold
$625,000

1035 S 33rd St  Springfield, OR 97478

  • Single Family
  • Sold
  • 3
    Beds
  • 2
    Total Baths
  • 1,800
    Sq. Ft.
Listed by Hybrid Real Estate, Dustin Vollstedt
Sold by Hybrid Real Estate, Emilee Sievers

157 40th St, Springfield, OR 97478 (MLS# 239958980) is a Multi-Family property that was sold at $711,000 on December 22, 2025. Want to learn more about 157 40th St? Do you have questions about finding other Multi-Family real estate for sale in Springfield? You can browse all Springfield real estate or contact a Coldwell Banker agent to request more information.