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$525,000 -$25,000 (-4.55%) Price Reduced

  • For Sale
  • Active
  • Multi-Family
  • Updated 1 day ago
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Prime Thurston neighborhood duplex - a rare chance to own a turnkey income property with a built-in value-add play.This exceptional, well-maintained duplex offers 2,268 square feet of total living space across two generously sized units. Each side features a spacious 3-bedroom, 1.5-bathroom layout , situated on a 6,098 SF lot in one of Springfield's most sought-after neighborhoods. Built in 1993 and zoned MD - Medium Density Residential, this property checks every box for investors, house-hackers, and landlords alike.Both unit are tenant-occupied and generating $1,260/month and $1725/month in immediate rental income.Investors will appreciate the significant recent upgrades, including brand-new siding, windows, and sliding doors, a solid roof that is only 4-5 years old, and new mini-split heating and AC systems for tenant comfort and energy efficiency.

Full Property Details for 215 Smith Loop

General

  • Price: $525,000
  • Taxes: $4,480 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: RWMLS
  • MLS ID: 353491641
  • Updated: 5/1/2026
  • Added to Site: 2 day(s) ago

Rental Information

  • Rent Includes: None

Parking

  • Garage: Yes
  • Parking Features: Carport, Driveway

Location

  • County: Lane
  • Driving Directions: 43rd St

School Information

  • Elementary School: Riverbend
  • Middle School: Agnes Stewart
  • High School: Thurston

Community

  • Community Name: 249 - Lane Co: Springfield

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Mini Split
  • Heating Type: Mini Split
  • Heating Fuel: Electricity

Utilities

  • Sewer: Public Sewer
  • Water: Public Water

Structural Information

  • Property Detached: Yes
  • Basement Desc.: Crawl Space
  • Roof: Shingle
  • Stories/Levels: 2
  • Square Feet: 2,268
  • Year Built: 1993

Lot Features

  • Lot Size (Acres): 0.14
  • Lot Size (Sq. Ft.): 6,098
  • Lot Size: 5, 000 to 6, 999 SqFt
  • Frontage: Paved
  • Lot Features: Public Road

Financial Considerations

  • Operating Expenses: $4,481
  • Tax Amount: $4,480.9
  • Tax Year: 2025
  • Terms: Cash, Conventional, FHA, Owner Will Carry, VA Loan

Disclosures and Reports

  • Legal Description: FISHERS PLAT, Sec/Twn/Rng/Mer: SEC 32 TWN 17 RNG 02
  • Disclosures/Reports: Disclosure
  • Property ID: 1286572

Listed by Real Broker (855) 450-0442, Daniel Gandee (458) 209-0163 and Real Broker (855) 450-0442, Derik Bannister (530) 736-7085

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Listing agents

— 215 Smith Loop —

  • Daniel Gandee

    Real Broker

    855-450-0442

  • Derik Bannister

    Real Broker

    855-450-0442

dan@theoperativegroup.com

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 215 Smith Loop

School District:Springfield School District 19
NameGradesDistance
Riverbend Elementary School, Springfield, OR
320 North 51st Street, Springfield, OR 97478
K-50.8 mi
Agnes Stewart Middle School
900 South 32nd Street, Springfield, OR 97478
6-81.3 mi
Thurston High School
333 58th Street, Springfield, OR 97478
9-121.9 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 215 Smith Loop Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/01/2026
Listed
$525,000
288.89%
MLS
1/15/1999
Sold
$135,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 215 Smith Loop

Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,481
2%
$244,357
3%
2024
$4,408
4%
$237,240
3%
2023
$4,221
5%
$230,331
6%
2021
$4,010
-2%
$217,110
-3%
2022
$4,083
2%
$223,623
6%
2021
$4,010
6%
$210,787
3%
2019
$3,775
6%
$204,648
3%
2018
$3,559
4%
$198,688
3%
2017
$3,420
2%
$192,901
3%
2016
$3,338
16%
$187,283
12%
2015
$2,872
-11%
$166,958
-8%
2014
$3,242
5%
$181,828
3%
2013
$3,099
—
$175,791
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Real Broker (855) 450-0442, Daniel Gandee (458) 209-0163 and Real Broker (855) 450-0442, Derik Bannister (530) 736-7085

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215 Smith Loop, Springfield, OR 97478 (MLS# 353491641) is a Multi-Family property with 2 units containing 0 bedrooms and 0 full bathrooms. 215 Smith Loop is currently listed for $525,000 and was received on May 01, 2026. Want to learn more about 215 Smith Loop? 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.

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