OFF MARKET

Off Market Feb 2024 for $745K

$809,918

Est. refi paymentEst. refi $4,056/mo

•

10 ba

•

3,392

sq ft

1201 R St, Springfield, OR 97477

About this home

Well maintained 4-plex with private-off street parking and common area for vegetables and flowers. Long term tenants with low vacancy and potential for value add. Owner managed/maintained leading to a strong Cap rate, great opportunity for buyer to do the same. Very close to bus line, shopping and entertainment which was a strong factor as a successful short term rental. All units updated approximately 5 years ago with new appliances & floor coverings. New roof installed in 2011 with 40 year roof. Owners are licensed real estate agents in the state of Oregon.

Multi-familyProperty Type

1994Year Built

$239Est. Price/Sq.Ft.

16 spacesParking

Listed by Alec Armour • Windermere RE Lane County

Contact: 541-905-9266

Bought with Brita Arcuri • DC Real Estate Inc

Redfin checked: a minute ago

•Source:RMLS #23333973

Redfin Estimate

$809,918

$65K since sold in February 2024$9,000 since July

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 55% higher than the average sale price ($523K) of 6 comparable homes.

SOLD JUL 30, 2026
$489,000
A
3 beds3 baths1,914 sq ft
1512 T St, Springfield, OR 97477
SOLD JUN 23, 2026
$525,000
B
3 beds3 baths2,065 sq ft
937 S St, Springfield, OR 97477
SOLD MAY 22, 2026
$490,000
C
8 beds4 baths1,916 sq ft
1152 1154 T St, Springfield, OR 97477
SOLD JUN 23, 2026
$496,000
D
4 beds4 baths1,812 sq ft
2018 Debra Dr, Springfield, OR 97477
SOLD JUN 16, 2026
$570,000
E
3 beds2 baths1,886 sq ft
852 T St, Springfield, OR 97477
SOLD AUG 3, 2026
$565,000
F
4 beds3 baths2,072 sq ft
2465 17th St, Springfield, OR 97477

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Earn from this home

Sell

$193,344

Est. take-home

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Refinance

Est. cash available

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Market trends in 97477, OR

Last updated July 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

100.2%

+0.3% MoM

Median sale price

$442K

$12K MoM

Avg. days on market

14d

4 days MoM

Recently sold homes

107

6 MoM

New listings for sale

$385,000
2 beds1 bath796 sq ft
551 6th St, Springfield, OR 97477
Angelique Orman • Elan Realty
$49,000
2 beds2 baths1,215 sq ft
2150 Laura St #119, Springfield, OR 97477
Kit Sixel • Sixel Real Estate
HOT HOME
$440,000
3 beds2 baths1,439 sq ft
512 Cardinal Way, Springfield, OR 97477
Stephen Bates • United Real Estate Properties
$290,000
2 beds1 bath990 sq ft
218 S 19th St, Springfield, OR 97477
Bob Kalstad • Hybrid Real Estate
$395,000
3 beds1 bath1,161 sq ft
2460 E St, Springfield, OR 97477
Kayla Wehe • Lamonte Real Estate Professionals
LISTED BY REDFIN
$345,000
3 beds2 baths1,284 sq ft
2267 Maia Loop, Springfield, OR 97477
Redfin
$460,000
3 beds2 baths1,104 sq ft
2226 32nd St, Springfield, OR 97477
Julie Pollock • Triple Oaks Realty LLC
$350,000
4 beds2 baths1,808 sq ft
93 Shady Loop, Springfield, OR 97477
Nicole Ferrell • Triple Oaks Realty LLC
$329,900
3 beds2 baths950 sq ft
89 Shady Loop, Springfield, OR 97477
Nicole Ferrell • Triple Oaks Realty LLC
$745,000
4 beds4 baths3,300 sq ft
3466 Ambleside Dr, Springfield, OR 97477
Nicole Ferrell • Triple Oaks Realty LLC
See all

Provided by Redfin

Sale history for 1201 R St

Tax history for 1201 R St

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

8,276 Sq. Ft.

Year renovated

—

Sq. Ft.

—

Year built

—

Style

Other

County

Lane County

APN

1458734

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 19, 2026.

Property details

Parking

Parking Information
Parking Features: Assigned, Secured
Parking Total: 16

Interior

Appliances
Hot Water Description: Electricity, Tank

Interior Features
Basement: Crawl Space

Exterior

Exterior Features
Roof: Composition
Exterior Description: T-111 Siding, Wood Siding

Lot Information
Lot Size Range: 7,000 to 9,999 SqFt
Lot Size: 7,000 to 9,999 SqFt
Lot Features: Cul-de-sac, Level, On Busline
Parcel Number: 1458734
Road Surface Type: Concrete

Property Information
Property Type: Multi Family
Property Attached YN: No
Property Condition: Updated/Remodeled
Security Features: Security Lights
View YN: No

Building Information
Year Built: 1994
Building Area Total: 3,392
Foundation Details: Concrete Perimeter

Financial

Tax Information
Tax Year: 2023
Tax Legal Description: tl 3602 P 1
Tax Annual Amount: $5,191.58

Rent Information
Rent Includes: Trash Collection

Lease / Rent Information
CAP Rate: 7.0
Gross Rent Multiplier: 12.34

Utilities

Utility Information
Green Certification YN: No
Fuel Description: Electricity
Water Source: Public Water
Sewer: Public Sewer

Heating & Cooling
Heating YN: Yes
Heating: Wall Furnace
Cooling YN: Yes
Cooling: Window Unit(s)

Location

Multi Unit Information
# Of Units Total: 4

Unit Information
Unit Type: 1, 2, 3, 4

Unit Type 1 Information
Area: 848
Baths Total: 1
Beds Total: 2
Units Total: 1

Unit Type 2 Information
Actual Rent: $1,166
Area: 848
BathsTotal: 1
Beds Total: 2
Units Total: 2

Unit Type 3 Information
Actual Rent: $1,250
Area: 848
Baths Total: 1
Beds Total: 2
Units Total: 3

Unit Type 4 Information
Actual Rent: $1,199
Area: 848
Baths Total: 1
Beds Total: 2
Units Total: 4

Unit Type 10 Information
Features: Air Conditioning, Dishwasher, Range, Refrigerator

School Information
Middle Or Junior School: Springfield

Location Information
Directions: 11th
Unparsed Address: 1201 R ST, Springfield, OR 97477

Community Information
Community Features: Commons
Zoning: multi

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: 8,276 square feet
Style: Other
Year Built: —
Year Renovated: —
County: Lane County
APN: 1458734

Home facts updated by county records on Aug 19, 2026

Other

Listing Information
MlsStatus: Sold

Listing Price Information
Price Type: List Price

Around this home

Schools

Elizabeth Page Elementary School

Public K-5 • Assigned • 0.4mi

4/10

Briggs Middle School

Public 6-8 • Assigned • 1.1mi

6/10

Springfield High School

Public 9-12 • Assigned • 0.8mi

4/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

3/10 Fire Factor

0.15% chance of being in a wildfire in next 30 years

4/10 Heat Factor

7 days above 92° expected this year, 15 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

10/10 Air Factor

15 unhealthy days expected this year, 16 days in 30 years

Provided by First Street

Historical weather

Springfield, OR • 97477

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

Try the sun simulator tool to see how light moves across the property at different times of day and year.

Provided by Shadowmap

Estimated sale price

$770,000 – $932,000

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$385,000

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Kayla Wehe • Lamonte Real Estate Professionals

LISTED BY REDFIN3D WALKTHROUGH

$345,000

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2267 Maia Loop, Springfield, OR 97477

Redfin

$460,000

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2226 32nd St, Springfield, OR 97477

Julie Pollock • Triple Oaks Realty LLC

$350,000

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Nicole Ferrell • Triple Oaks Realty LLC

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89 Shady Loop, Springfield, OR 97477

Nicole Ferrell • Triple Oaks Realty LLC

Home values near 1201 R St

Data from public records.

Address	Redfin Estimate
1200 R St, Springfield, OR 6 Beds \| 4 Baths \| 2760 Sq. Ft.	$540,099
1127 R St, Springfield, OR 2 Beds \| 1 Baths \| 1005 Sq. Ft.	$348,139

Address	Redfin Estimate
1162 R St, Springfield, OR 4 Beds \| 3 Baths \| 2288 Sq. Ft.	$546,977
1895 11th Pl, Springfield, OR 4 Beds \| 3 Baths \| 2240 Sq. Ft.	$413,734

Address	Redfin Estimate
1204 R St, Springfield, OR 6 Beds \| 4 Baths \| 2328 Sq. Ft.	$567,828
1861 11th Pl, Springfield, OR 8 Beds \| 6 Baths \| 4480 Sq. Ft.	$732,233

Property information provided by undefined .

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GreatSchools Ratings provided by GreatSchools.org.

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