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$700,000
7 Days On Site

157 40TH ST
Springfield, OR 97478

For Sale|Multi Family|Pending
8
Beds
8
Total Baths
4,704
SqFt
$149
/SqFt
1973
Built
County:
Lane
Listing courtesy of Sandra Boyst of ICON Real Estate Group 5417294063
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Monthly Payment (Est.)

$3,194
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Beautifully Maintained 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.

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Listing Snapshot
Price 
$700,000
Days On Site 
7 Days
Bedrooms 
8
Inside Area (SqFt) 
4,704 sqft
Total Baths 
8
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.31 Acres
Year Built 
1973
MLS® Number 
239958980
Status 
Pending
Property Tax 
$5,709.78
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 days agoListing updated with changes from the MLS®
6 days agoStatus changed to Pending
a week agoListing first seen on site
General Features
Acres 
0.31
Foundation 
Concrete Perimeter
Garage 
Yes
Garage Spaces 
4
Number Of Stories 
2
Parking 
GarageGarage Door Opener
Parking Spaces 
4
Property Sub Type 
Multi Family
Sewer 
Public Sewer
SqFt Total 
4704
Water Source 
Public
Zoning 
R-2
Interior Features
Basement 
Crawl Space
Heating 
Zoned
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Exterior Features
Roof 
Composition
Community Features
Financing Terms Available 
CashConventionalFHAVA Loan
MLS Area 
_249
Roads 
Paved
Schools
School District
Unknown
Elementary School
Riverbend
Middle School
Briggs
High School
Thurston
Listing courtesy of Sandra Boyst of ICON Real Estate Group 5417294063



The content relating to real estate for sale on this website comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is Copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this website may subsequently have sold or may no longer be available.

Last checked 2025-11-11 02:45 AM PST.

All information provided is deemed reliable but is not guaranteed and should be independently verified

Neighborhood & Commute
Source: Walkscore
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