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$495,000

  • For Sale
  • Active
  • Multi-Family
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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.

Full Property Details for 455 S 38th St

General

  • Price: $495,000
  • Taxes: $2,800 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: RWMLS
  • MLS ID: 236528166
  • Updated: 1/4/2026
  • Added to Site: 37 day(s) ago

Rental Information

  • Rent Includes: None

Parking

  • Total Spaces: 6
  • Parking Features: Driveway

Location

  • County: Lane
  • Driving Directions: main st to south on 38th st house is on the left - no sign!

School Information

  • Elementary School: Douglas Gardens
  • Middle School: Agnes Stewart
  • High School: Springfield

Community

  • Community Name: 249 - Lane Co: Springfield

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Mini Split
  • Heating Type: Ductless, Wall Heater
  • 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: 1,500
  • Year Built: 1942
  • Property Condition: Restored

Lot Features

  • Lot Size (Acres): 0.18
  • Lot Size (Sq. Ft.): 7,840
  • Lot Size: 7, 000 to 9, 999 SqFt
  • Frontage: Paved
  • Lot Features: Level

Financial Considerations

  • Tax Amount: $2,800.96
  • Tax Year: 2025
  • Terms: Cash, Conventional, FHA, VA Loan

Disclosures and Reports

  • Legal Description: 17-02-31-44-01621
  • Disclosures/Reports: Disclosure
  • Property ID: 125276

Listed by Tim Duncan Real Estate (541) 284-3741, Tim Duncan (541) 968-8469

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Listing agent

— 455 S 38th St —

  • Tim Duncan

    Tim Duncan Real Estate

    541-284-3741

tim@timduncanre.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 455 S 38th St

School District:Springfield School District 19
NameGradesDistance
Douglas Gardens Elementary School
3680 Jasper Road, Springfield, OR 97478
K-50.5 mi
Agnes Stewart Middle School
900 South 32nd Street, Springfield, OR 97478
6-80.6 mi
Springfield High School
875 7th Street, Springfield, OR 97477
9-122.3 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 455 S 38th St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/04/2026
Price Reduced
$495,000
-1%
MLS
12/14/2025
Listed
$500,000
16.62%
MLS
1/31/2024
Sold
$428,750
—
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 455 S 38th St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,801
2%
$152,745
3%
2024
$2,756
29%
$148,297
27%
2023
$2,132
3%
$116,320
3%
2022
$2,062
2%
$112,933
3%
2021
$2,025
—
$109,644
3%
2021
$2,025
6%
$106,451
3%
2019
$1,907
6%
$103,351
3%
2018
$1,797
4%
$100,341
3%
2017
$1,728
2%
$97,418
3%
2016
$1,692
3%
$94,581
3%
2015
$1,644
2%
$91,826
3%
2014
$1,619
2%
$89,151
3%
2013
$1,587
—
$86,554
—
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 Tim Duncan Real Estate (541) 284-3741, Tim Duncan (541) 968-8469

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455 S 38th St, Springfield, OR 97478 (MLS# 236528166) is a Multi-Family property with 2 units containing 0 bedrooms and 0 full bathrooms. 455 S 38th St is currently listed for $495,000 and was received on December 14, 2025. Want to learn more about 455 S 38th 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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