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About this home
Rare opportunity to own an income-producing 4-plex and two adjacent lots! This wonderfully updated 4-plex has 2-bedroom, 1-bath units, approximately 650 square feet each. One unit has dedicated washer/dryer hookups. There is also a common area on the main level that was previously used as a common laundry for possible added income. Upstairs is unfinished storage that is approximately 1,800 square feet per county records. Under-market rents allow you to maximize your portfolio. One lot is 0.12 acres and zoned community commercial; the second is 0.25 acres and zoned residential. Metal roof for peace of mind. With close proximity to the Willamalane Recreation Center, Senior Center, Historic Downtown Springfield, Island Park, and more! Buyer to complete all due diligence with the City of Springfield for possible use.
Multi-familyProperty Type
1950Year Built
5,662 sq ftLot Size
$267Price/Sq.Ft.
Listed by Derrick Roser• Keller Williams Realty Eugene and Springfield
East Kelly Butte, located between Kelly Butte and the Thurston Hills, is a residential and hillside Springfield neighborhood with wooded slopes and curving, view-oriented streets. The neighborhood’s character concentrates around the Kelly Butte Trailhead area, where trail traffic, dog walkers, and cyclists set a steady outdoor cadence. Housing leans toward late-20th-century subdivisions with split-levels and ranch profiles, plus pockets of newer builds tucked along ridgelines. Daily errands and casual meetups often orbit nearby Main Street, with local staples like Plank Town Brewing Company and Washburne Cafe. For arts and community nights, the Richard E. Wildish Community Theater anchors the broader Springfield scene. The geography reads as green and elevated, with quick transitions from backyards to forested paths.
Provided by Walk Score and Local Logic
Offer insights
121 W C St · $800,000
$801K and above
75% chance or better to win
Why $801K+ is a strong offer
DAYS ON MARKET
32 days
The average home goes pending in 129 days.
SALE-TO-LIST
104.0%
Most homes are selling 4% above list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Attic storage
Basement (other)
Bedrooms
Four 2-bedroom units
Bathrooms
Each unit has 1 bathroom
Kitchen
No specific kitchen appliance list provided
Laundry & utility
Washer/dryer hookup in one unit
Electric hot water (tank)
Heating & cooling
Zoned heating
No cooling
Exterior features
Level lot
Wood siding
Metal roof
Home design
Multi-family property
Not attached
Existing condition
Parking
Assigned parking
Off-street parking
Security
No security features
Construction
Built in 1950
Pillar/post/pier foundation
Utilities
Electric fuel
Public water
Public sewer
Financial info
Total of 4 rental units
Unit rents: $750, $720, $770, $840
Gross building area listed as 3,000
CAP rate 3.83
Gross rent multiplier 21.65
Rent includes trash collection
Other
Lot approximately 0.13 acres (5,000–6,999 SqFt)
Road access: gravel and paved
Parcel number available
Electricity and solar
View estimated energy costs and solar savings for this home
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
7/10 Flood Factor
Estimated 71-79% chance 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
16 unhealthy days expected this year, 19 days in 30 years
Provided by First Street
Historical weather
Springfield, OR • 97477
Average low and high temperatures (°F)
47
33
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37
59
42
64
43
70
48
78
52
85
56
86
58
77
54
63
44
53
42
49
40
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 10.6 hours in
June and 2.2 hours in December, placing it below the
U.S. average for solar exposure.
10.6 hrs
2.2 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 121 W C St
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $425,000 and $757,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $425K to $757K.