Exclusively presented for sale - 124 S 63rd Street, a clean, 1995-built fourplex in east Springfield. This rare, newer four-unit property is ideal for investors or owner-occupants seeking a stable, income-producing asset in a mature neighborhood. Sited on a corner lot at Main Street and S. 63rd Street, it features two buildings on one tax lot; the 2-story SFR offers a standalone 2-bed/1.5-bath unit with a garage spanning 1,523 SF. The 2-story triplex includes (3) 1-bed/1-bath units, each above a dedicated garage. All units have private fenced yards and ample greenery throughout. Located in a quiet area, it's walkable to parks, Thurston High, Thurston Middle, and Ridgeview Elementary, with easy access to all of Springfield and Eugene via Main Street. There is materially below-market rents, two tenants on month-to-month leases; owner-occupant possibility! Additional interior photos to come - contact brokers for a full offering memorandum!
Multi-familyProperty Type
1995Year Built
8,276 sq ftLot Size
$189Est. Price/Sq.Ft.
3 garage spacesParking
Listed by Caspian Hoehne• Merit Commercial Real Estate, LLC.
Bought with Brad Anderson• Brad Anderson Real Estate
Exclusively presented for sale - 124 S 63rd Street, a clean, 1995-built fourplex in east Springfield. This rare, newer four-unit property is ideal for investors or owner-occupants seeking a stable, income-producing asset in a mature neighborhood. Sited on a corner lot at Main Street and S. 63rd Street, it features two buildings on one tax lot; the 2-story SFR offers a standalone 2-bed/1.5-bath unit with a garage spanning 1,523 SF. The 2-story triplex includes (3) 1-bed/1-bath units, each above a dedicated garage. All units have private fenced yards and ample greenery throughout. Located in a quiet area, it's walkable to parks, Thurston High, Thurston Middle, and Ridgeview Elementary, with easy access to all of Springfield and Eugene via Main Street. There is materially below-market rents, two tenants on month-to-month leases; owner-occupant possibility! Additional interior photos to come - contact brokers for a full offering memorandum!
As the MLS and public records start to fill up, we'll list the details here.
Public record
Beds
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Baths
—
Stories
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Lot width
—
Lot depth
—
Lot size
—
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Multi-Family (2-4 Unit)
County
Lane County
APN
1261500
Parking Spaces
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Basement
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Accessible
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HOA Dues
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Garage
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Features
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Last updated by owner on Apr 28, 2025.
Property details
Parking
Parking Information
Parking Features: Garage, Paved
Parking Total: 4
Garage Information
Garage Spaces: 3
Interior
Interior Features
Storage: Garage(s)
Basement: Crawl Space
Multi Unit Information
# Of Units Total: 4
Unit Information
Unit Type: 1, 2, 3, 4
Unit Type 1 Information
Actual Rent: $1,495
Area: 1,523
Baths Total: 2
Beds Total: 2
Features: Air Conditioning, Washer/Dryer Hookup
Units Total: 1
Unit Type 2 Information
Actual Rent: $1,095
Area: 360
BathsTotal: 1
Beds Total: 1
Features: Washer/Dryer Hookup
Units Total: 1
Unit Type 3 Information
Actual Rent: $865
Area: 360
Baths Total: 1
Beds Total: 1
Features: Washer/Dryer Hookup
Units Total: 1
Unit Type 4 Information
Actual Rent: $555
Area: 360
Baths Total: 1
Beds Total: 1
Features: Washer/Dryer Hookup
Units Total: 1
Exterior
Exterior Features
Roof: Composition
Exterior Description: T-111 Siding
Unreinforced Masonry Bldg: NA
Lot Information
Lot Size Square Feet: 8,276
Lot Size Range: 7,000 to 9,999 SqFt
Lot Size Acres: 0.19
Lot Size: 7,000 to 9,999 SqFt
Parcel Number: 1261500
Road Surface Type: Paved
Property Information
Property Type: Multi Family
Property Attached YN: No
Property Condition: Existing
View YN: Yes
View Description: City, Mountain(s), Territorial
Building Information
Year Built: 1995
Building Area Total: 3,503
Foundation Details: Concrete Perimeter
Financial
Tax Information
Tax Year: 2024
Tax Legal Description: 17-02-34-31
Tax Annual Amount: $6,341.05
Rent Information
Rent Includes: Sewer, Trash Collection, Water
Lease / Rent Information
CAP Rate: 3.6
Gross Rent Multiplier: 12.73
Utilities
Utility Information
Green Certification YN: No
Fuel Description: Electricity
Water Source: Public Water
Sewer: Public Sewer
Heating & Cooling
Heating YN: Yes
Heating: Forced Air, Wall Heater
Cooling YN: No
Location
School Information
Elementary School: Riverbend
Middle Or Junior School: Other
High School: Thurston
Location Information
Directions: Main Street
Unparsed Address: 124 S 63RD ST, Springfield, OR 97478
Community Information
Zoning: R-2
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (2-4 Unit)
Year Built: —
Year Renovated: —
County: Lane County
APN: 1261500
Home facts updated by county records on Apr 28, 2025
Other
Listing Information
MlsStatus: Sold
Listing Price Information
Price Type: List Price
Around this home
Schools
Ridgeview Elementary School
Public K-5 • Assigned • 0.4mi
6/10
Agnes Stewart Middle School
Public 6-8 • Assigned • 3.2mi
6/10
Thurston High School
Public 9-12 • Assigned • 0.5mi
5/10
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
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
4/10 Heat Factor
7 days above 90° expected this year, 16 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
10/10 Air Factor
13 unhealthy days expected this year, 15 days in 30 years
Provided by First Street
Historical weather
Springfield, OR • 97478
Average low and high temperatures (°F)
48
33
51
37
58
41
64
42
69
47
77
51
85
56
84
56
77
52
64
44
53
41
50
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
Estimated sale price
$630,000 – $763,000
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