Damonian Pike

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Listing provided courtesy of Real Broker- MLS# 353491641MLS ProviderContact Information: 458-209-0163

215 SMITH LOOPSpringfield, OR 97478

Multi-Family · 2,268 Sq. ft. | 0.14 Acres
$525,000 Active

215 SMITH LOOP Overview

Time on Site:
59 days
Visits:
1

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.

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215 SMITH LOOP Facts & Features

  • Type Multi-Family
  • Sq. ft. 2,268
  • Price/Sq.ft. $231
  • Lot 0.14 Acres

Details

General

School Information

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

Income/Expenses

  • Gross Income: 2985.0
  • Net Operating Income: 31339.0
  • Operating Expense: 4481.0

Building Information

  • Year Built: 1993

Location/Region

  • Country: US
  • County Or Parish: Lane
  • MLS Area Major: 249 - Lane Co: Springfield

Rent/Lease Information

  • Rent Includes: None

Tax Information

  • Tax Annual Amount: 4480.9
  • Tax Year: 2025

General Information

  • Disclosures: Disclosure
  • Listing Terms: Cash,Conventional,FHA,Owner Will Carry,VA Loan
  • Parcel Number: 1286572
  • Property Condition: Unknown
  • Property Type: Multi Family
  • Zoning: MD

Interior

Parking Information

  • Garage Spaces: 2.0

Building Interior

  • Building Area Total: 2268.0

General Information

  • Basement: Crawl Space
  • Cooling: Mini Split
  • Foundation Details: Skirting
  • Heating: Mini Split
  • Stories: 2

Exterior

Parking Information

  • Parking Features: Carport,Driveway

Lot Information

  • Lot Features: Public Road
  • Lot Size Acres: 0.14
  • Lot Size Square Feet: 6098.0
  • Road Surface Type: Paved
  • Water Source: Public Water

Building Exterior/Construction

  • Roof: Shingle

General Information

  • Number Of Units Total: 2
  • Sewer: Public Sewer

215 SMITH LOOP Neighborhood

Community

97478 (Springfield) Demographics

39
Median Age
246
Population Density (per sq. mile)
30%
College Educated
$64,536
Estimated Median Income
10,370
Estimated Total Home Owners
4,365
Estimated Total Renters
70% / 30%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

215 SMITH LOOP Market Data

Based on the last 30 days in this zip code

$544,826
Average List Price
$299
Average Price per Square Foot
41
Properties Sold
83
Average Days on Market
182
Properties for Sale
Calculations provided by Reliance Network

215 SMITH LOOP History

Date Event Value Agent
5/1/2026Source: Regional MLS Price Reduction
$525,000 -4.5%
5/1/2026Source: Regional MLS Added to Database
May 01, 2026