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$699,900

  • For Sale
  • Active
  • Multi-Family
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Great opportunity to purchase a turnkey 4-Plex in the heart of Springfield. Live in one unit & rent out the rests or add this great property to your investment portfolio. Lots of valuable updates including a brand new roof, new gutters, updated interior features & more! Each unit features two bedrooms & one bathroom. With plenty of room for parking for each unit. Both 349 40th 351 40th are available. Listed separately. Please do not disturb the tenants. Shown by appointment only! Only the vacant units are available to tour, with the remaining to be shown after an accepted offer. Call you broker today to arrange a private tour. Rental records available upon request!

Full Property Details for 351 40th St

General

  • Price: $699,900
  • Taxes: $4,523 (2024)
  • Status: Active
  • Type: Multi-Family
  • Source: RWMLS
  • MLS ID: 144821392
  • Updated: 12/11/2025
  • Added to Site: 156 day(s) ago

Rental Information

  • Rent Includes: None

Parking

  • Total Spaces: 10
  • Parking Features: Off Street, Paved

Location

  • County: Lane
  • Driving Directions: East on Main St. left on 40th property is on the right

School Information

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

Community

  • Community Name: 249 - Lane Co: Springfield

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Window Unit(s)
  • Heating Type: Wall Heater, Zoned
  • Heating Fuel: Electricity

Utilities

  • Sewer: Public Sewer
  • Water: Public Water

Structural Information

  • Property Detached: Yes
  • Basement Desc.: Crawl Space
  • Roof: Composition
  • Stories/Levels: 1
  • Year Built: 1992
  • Property Condition: Updated/Remodeled

Lot Features

  • Lot Size (Acres): 0.21
  • Lot Size (Sq. Ft.): 9,147
  • Lot Size: 7, 000 to 9, 999 SqFt
  • Frontage: Concrete, Paved
  • Lot Features: Level

Financial Considerations

  • Operating Expenses: $4,524
  • Tax Amount: $4,523.44
  • Tax Year: 2024
  • Terms: Cash, Conventional, FHA, VA Loan

Disclosures and Reports

  • Legal Description: See Trio
  • Property ID: 1479128

Listed by eXp Realty LLC (888) 814-9613, Jesse Haffly (541) 514-7583 and eXp Realty LLC (888) 814-9613, Izabell Senters (541) 520-7241

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Listing agents

— 351 40th St —

  • Jesse Haffly

    eXp Realty LLC

    888-814-9613

  • Izabell Senters

    eXp Realty LLC

    888-814-9613

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
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 351 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
6-81.9 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 351 40th St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/18/2025
Listed
$699,900
43.86%
MLS
6/13/2024
Sold
$486,500
—
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 351 40th St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,598
2%
$250,737
3%
2024
$4,523
4%
$243,434
3%
2023
$4,331
5%
$236,344
6%
2021
$4,114
-2%
$222,778
-3%
2022
$4,189
2%
$229,461
6%
2021
$4,114
6%
$216,290
3%
2019
$3,874
6%
$209,991
3%
2018
$3,652
4%
$203,875
3%
2017
$3,512
2%
$197,937
3%
2016
$3,438
3%
$192,172
3%
2015
$3,340
2%
$186,575
3%
2014
$3,289
2%
$181,141
3%
2013
$3,225
—
$175,865
—
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.

Estimate the Cost for 351 40th St

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by eXp Realty LLC (888) 814-9613, Jesse Haffly (541) 514-7583 and eXp Realty LLC (888) 814-9613, Izabell Senters (541) 520-7241

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Price Reduced near 351 40th St

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475 Salty Way, Eugene, OR 97404 - Photo 1 Price Reduced
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475 Salty Way  Eugene, OR 97404

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Recent Sales near 351 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
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$711,000

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Listed by Joi Real Estate, Shelly Iverson and Joi Real Estate, Shelly Begines
Sold by Bell Real Estate, Sarah Gonzalez
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1297 S 41st St  Springfield, OR 97478

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  • 2
    Total Baths
  • 2,227
    Sq. Ft.
Listed by Sixel Real Estate, Kit Sixel
Sold by Non Rmls Broker, OR and WA Non Rmls

351 40th St, Springfield, OR 97478 (MLS# 144821392) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 351 40th St is currently listed for $699,900 and was received on September 18, 2025. Want to learn more about 351 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.

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