This home's estimate is 2.3% lower than the average sale price ($525K) of 6 comparable homes.
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- Sale & tax history
- Property details
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197 S 47th St, Springfield, OR 97478
About this home
Updated left side with new carpet, laminate flooring, kitchen counters and some paint. Rt side tenant would like to stay. currently under rented and could rent for $1,000- 1,100 per month. Left side is owner occupied and is a great unit for that with garage and fenced back yard.

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Market trends in 97478, OR
Last updated August 2026
Buyer's Market
Seller's Market
Seller's market
0 MoM
- NEW 2 HRS AGO$29,9003 beds1 bath924 sq ft1125 58th St #19, Springfield, OR 97478Shawn Mogenson • United Real Estate Properties
- NEW 6 HRS AGO$439,0003 beds2 baths1,536 sq ft723 71st St, Springfield, OR 97478Christopher Bauman • Triple Oaks Realty LLC
- NEW 21 HRS AGO$50,0002 beds2 baths960 sq ft1125 58th St #86, Springfield, OR 97477Debbie Dailey • Realty One Group Willamette Valley
- NEW 29 HRS AGO$385,0003 beds1 bath1,549 sq ft5968 E St, Springfield, OR 97478Larry Alberts • Keller Williams Realty Eugene and Springfield
- $525,0003 beds2 baths1,786 sq ft867 S 71st St, Springfield, OR 97478Sally Harmon • Oakridge Real Estate
- $479,0003 beds3 baths1,787 sq ft6720 Camellia Ct, Springfield, OR 97478Bonnie Ferguson • Real Broker
- $379,0003 beds2 baths1,566 sq ft285 S 52nd Pl, Springfield, OR 97478Rocklan Williams • United Real Estate Properties
- VIDEO TOUR$479,9003 beds3 baths1,562 sq ft575 S 70th St, Springfield, OR 97478Donna Phibbs • Hybrid Real Estate
- $375,0003 beds2 baths1,296 sq ft92043 Spicer Ln, Springfield, OR 97478Sunday Dunaway • Knipe Realty ERA Powered
- $350,0002 beds1 bath1,104 sq ft5285 High Banks Rd, Springfield, OR 97478Rhett Ortmann • Rhettro Real Estate LLC
See all
Provided by Redfin
Sale history for 197 S 47th St
Tax history for 197 S 47th St
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Property details
Parking
- Parking Information
- Parking Features: Garage
Interior
- Appliances
- Hot Water Description: Electricity
- Interior Features
- Storage: Garage(s)
- Basement: Crawl Space
Exterior
- Exterior Features
- Roof: Composition
- Lot Information
- Lot Features: Cul-de-sac
- Parcel Number: 1551975
- Property Information
- Property Type: Multi Family
- Property Attached YN: No
- Property Condition: Existing
- View YN: No
- Building Information
- Year Built: 2003
Financial
- Tax Information
- Tax Legal Description: Plat: Marbrook 5, RecordNo: 98-05000
- Tax Annual Amount: $3,712.35
- Lease / Rent Information
- CAP Rate: 2.46
- Gross Rent Multiplier: 25.0
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: No
Location
- Multi Unit Information
- # Of Units Total: 2
- Unit Information
- Unit Type: 1, 2
- Unit Type 1 Information
- Area: 1,260
- Baths Total: 2
- Beds Total: 3
- Features: Dishwasher, Disposal, Range, Refrigerator
- Units Total: 1
- Unit Type 2 Information
- Actual Rent: $800
- Area: 1,260
- BathsTotal: 2
- Beds Total: 3
- Features: Dishwasher, Disposal, Range, Refrigerator
- Units Total: 1
- School Information
- Elementary School: Mt Vernon
- Middle Or Junior School: Agnes Stewart
- High School: Thurston
- Location Information
- Directions: Main, rt on 47th, Lft into 1st Culdesac, Left unit is owner occupied and showble
- Unparsed Address: 197 S 47TH ST, Springfield, OR 97478
- Community Information
- Zoning: MF
Public facts
- Beds: 6
- Baths: 3.0
- Sq. Ft.: 2,528
- Stories: 2.0
- Lot Size: 8,276 square feet
- Style: Single Family Residential
- Year Built: 2003
- Year Renovated: 2003
- County: Lane County
- APN: 1551975
Other
- Listing Information
- MlsStatus: Sold
- Listing Price Information
- Price Type: List Price
Around this home
Schools
Public K-5 • Assigned • 0.9mi
Public 6-8 • Assigned • 1.6mi
Public 9-12 • Assigned • 3.3mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
Unlikely to be in a wildfire in next 30 years
7 days above 91° expected this year, 15 days in 30 years
Minimal risk of severe winds over next 30 years
16 unhealthy days expected this year, 19 days in 30 years
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.
Nearby similar homes
New listings for sale in 97478
Home values near 197 S 47th St
| Address | Redfin Estimate |
|---|---|
3 Beds | 2 Baths | 1376 Sq. Ft. | $392,411 |
3 Beds | 1 Baths | 1008 Sq. Ft. | $439,514 |
| Address | Redfin Estimate |
|---|---|
6 Beds | 3 Baths | 1996 Sq. Ft. | $485,773 |
3 Beds | 2 Baths | 1064 Sq. Ft. | $394,784 |
| Address | Redfin Estimate |
|---|---|
6 Beds | 4 Baths | 2528 Sq. Ft. | $577,572 |
6 Beds | 4 Baths | 2133 Sq. Ft. | $475,938 |
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