SOLD NOV 14, 2025

Off Market Nov 2025 for $665K

$723,417

•

4 ba

•

2,640

sq ft

349 40th St, Springfield, OR 97478

About this home

Great opportunity to purchase a turnkey 4-Plex in the heart of Springfield. Live in one unit & rent out the rests or add this great property to your investment portfolio. Lots of valuable updates including a brand new roof, new gutters, updated interior features & more! Each unit features two bedrooms & one bathroom. With plenty of room for parking for each unit. Both 349 40th 351 40th are available. Listed separately. Please do not disturb the tenants. Shown by appointment only! Only the vacant units are available to tour, with the remaining to be shown after an accepted offer. Call you broker today to arrange a private tour. Rental records available upon request!

Multi-familyProperty Type

1992Year Built

8,712 sq ftLot Size

$274Est. Price/Sq.Ft.

10 spacesParking

Listed by Jesse Haffly • eXp Realty LLC

Listed by Izabell Senters • eXp Realty LLC

Bought with Shane Mast • Oregon Life Homes

Redfin checked: a minute ago

•Source:RMLS #775360815

Redfin Estimate

$723,417

$58K since sold in November 2025$1,000 since July

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 0.7% lower than the average sale price ($728K) of 6 comparable homes.

SOLD MAY 14, 2026
$410,000
A
6 beds4 baths2,690 sq ft
2770 E 16th Ave, Eugene, OR 97403
SOLD AUG 7, 2026
$460,000
B
4 beds2 baths1,710 sq ft
122 S 38th St, Springfield, OR 97478
SOLD JUL 10, 2026
$926,250
C
4 beds3 baths2,576 sq ft
950 E 23rd Ave, Eugene, OR 97405
SOLD JUL 24, 2026
$729,000
D
4 beds3 baths3,103 sq ft
1925 Sylvan St, Eugene, OR 97403
SOLD MAY 15, 2026
$859,000
E
4 beds3 baths2,392 sq ft
2455 Emerald Aly, Eugene, OR 97403
SOLD FEB 17, 2026
$985,000
F
5 beds3 baths2,682 sq ft
2051 Majestic Pl, Eugene, OR 97403

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Earn from this home

Sell

$154,808

Est. take-home

List your home with Redfin and save $7,234

Market trends in 97478, OR

Last updated July 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

99.8%

+0.5% MoM

Median sale price

$445K

$3K MoM

Avg. days on market

15d

8 days MoM

Recently sold homes

112

16 MoM

New listings for sale

NEW 3 HRS AGO
$375,000
3 beds2 baths1,296 sq ft
92043 Spicer Ln, Springfield, OR 97478
Sunday Dunaway • Knipe Realty ERA Powered
NEW 6 HRS AGO
$350,000
2 beds1 bath1,104 sq ft
5285 High Banks Rd, Springfield, OR 97478
Rhett Ortmann • Rhettro Real Estate LLC
NEW 10 HRS AGO
$775,000
5 beds4 baths3,530 sq ft
6084 Fernhill Loop, Springfield, OR 97478
Jamie Paddock • Elite Realty Professionals
NEW 28 HRS AGO
$379,900
3 beds1 bath912 sq ft
697 54th St, Springfield, OR 97478
Robert Grand • Grand Real Estate
3D WALKTHROUGH
$390,000
2 beds2 baths1,008 sq ft
1580 S 60th St, Springfield, OR 97478
Corbin Duncan • Heart and Home Real Estate
FOR SALE BY OWNER
$15,900
2 beds1 bath800 sq ft
1125 58th St, Springfield, OR 97478
OPEN SAT, 12PM TO 2PM
$445,000
3 beds3 baths1,411 sq ft
4868 Glacier Dr, Springfield, OR 97478
Melissa McGuire • Berkshire Hathaway HomeServices Real Estate Professionals
OPEN SAT, 11AM TO 1PM
$419,000
3 beds2 baths1,418 sq ft
196 S 72nd St, Springfield, OR 97478
Ashley McPherson • Keller Williams Realty Eugene and Springfield
$37,500
2 beds2 baths924 sq ft
1125 58th St #96, Springfield, OR 97478
Shawn Mogenson • United Real Estate Properties
COMING SOON
$479,900
3 beds3 baths1,562 sq ft
575 S 70th St, Springfield, OR 97478
Donna Phibbs • Hybrid Real Estate
See all

Provided by Redfin

Sale history for 349 40th St

Date

Event

Price

RMLS #775360815

Nov 14, 2025

Sold

$665,000

$252/sq ft

Sep 26, 2025

Pending

—

Sep 18, 2025

Listed

$699,900

$265/sq ft

RMLS #24175661

Aug 2, 2024

Sold

$486,500

$184/sq ft

May 11, 2024

Pending

—

Apr 19, 2024

Listed

$575,000

$218/sq ft

Occupants pay for all utilities (water, sewer and garbage). Operating costs for 2023 are a lot higher than normal due to repairs and remodels. We will show 1 unit and with an accepted offer we will show you all the units. Also 351 in for sale, both on separate tax lots. The foundation was lifted and repaired. STRICTLY AS IS, see addendum #1, provided by the seller. The NOI is listed is for YTD skewed because 2023 was heavy on remodel/repair.

Public record

Public record
Permits

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

—

Year renovated

—

Sq. Ft.

—

Year built

—

Style

Multi-Family (2-4 Unit)

County

Lane County

APN

1479136

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Nov 9, 2025.

Property details

Parking

Parking Information
Parking Features: Paved
Parking Total: 10

Interior

Appliances
Hot Water Description: Electricity

Multi Unit Information
# Of Units Total: 4

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

Unit Type 1 Information
Actual Rent: $1,300
Area: 640
Baths Total: 1
Beds Total: 2
Features: Range, Refrigerator
Units Total: 1

Unit Type 2 Information
Actual Rent: $1,319
Area: 640
BathsTotal: 1
Beds Total: 2
Features: Range, Refrigerator
Units Total: 1

Unit Type 3 Information
Actual Rent: $1,300
Area: 640
Baths Total: 1
Beds Total: 2
Features: Range, Refrigerator, Storage
Units Total: 1

Unit Type 4 Information
Area: 640
Baths Total: 1
Beds Total: 2
Features: Range, Refrigerator
Units Total: 1

Exterior

Exterior Features
Roof: Composition
Exterior Description: Wood Siding

Lot Information
Lot Size Square Feet: 8,712
Lot Size Range: 7,000 to 9,999 SqFt
Lot Size Acres: 0.2
Lot Size: 7,000 to 9,999 SqFt
Parcel Number: 1479136
Road Surface Type: Paved

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

Building Information
Year Built: 1992
Building Area Total: 2,640
Foundation Details: Slab

Financial

Tax Information
Tax Year: 2024
Tax Legal Description: See TRIO
Tax Annual Amount: $4,502.67

Lease / Rent Information
CAP Rate: 6.08
Gross Rent Multiplier: 14.88

Utilities

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

Heating & Cooling
Heating YN: Yes
Heating: Wall Heater, Zoned
Cooling YN: Yes
Cooling: Window Unit(s)

Location

School Information
Elementary School: Riverbend
Middle Or Junior School: Briggs
High School: Thurston

Location Information
Directions: East on Main St. left on 40th property is on the right
Unparsed Address: 349 40TH ST, Springfield, OR 97478

Community Information
Zoning: R2

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (2-4 Unit)
Year Built: —
Year Renovated: —
County: Lane County
APN: 1479136

Home facts updated by county records on Nov 9, 2025

Other

Listing Information
MlsStatus: Sold

Listing Price Information
Price Type: List Price

Around this home

Schools

Riverbend Elementary School

Public K-5 • Assigned • 1.2mi

2/10

Briggs Middle School

Public 6-8 • Assigned • 1.9mi

6/10

Thurston High School

Public 9-12 • Assigned • 2.1mi

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 91° 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 • 97478

Average low and high temperatures (°F)

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

$688,000 – $832,000

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New listings for sale in 97478

NEW 3 HRS AGO

$375,000

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92043 Spicer Ln, Springfield, OR 97478

Sunday Dunaway • Knipe Realty ERA Powered

NEW 6 HRS AGO

$350,000

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5285 High Banks Rd, Springfield, OR 97478

Rhett Ortmann • Rhettro Real Estate LLC

NEW 10 HRS AGO

$775,000

5 beds4 baths3,530 sq ft

6084 Fernhill Loop, Springfield, OR 97478

Jamie Paddock • Elite Realty Professionals

NEW 28 HRS AGO

$379,900

3 beds1 bath912 sq ft

697 54th St, Springfield, OR 97478

Robert Grand • Grand Real Estate

3D WALKTHROUGH

$390,000

2 beds2 baths1,008 sq ft

1580 S 60th St, Springfield, OR 97478

Corbin Duncan • Heart and Home Real Estate

FOR SALE BY OWNER

$15,900

2 beds1 bath800 sq ft

1125 58th St, Springfield, OR 97478

OPEN SAT, 12PM TO 2PM

$445,000

3 beds3 baths1,411 sq ft

4868 Glacier Dr, Springfield, OR 97478

Melissa McGuire • Berkshire Hathaway HomeServices Real Estate Professionals

OPEN SAT, 11AM TO 1PM

$419,000

3 beds2 baths1,418 sq ft

196 S 72nd St, Springfield, OR 97478

Ashley McPherson • Keller Williams Realty Eugene and Springfield

$37,500

2 beds2 baths924 sq ft

1125 58th St #96, Springfield, OR 97478

Shawn Mogenson • United Real Estate Properties

Home values near 349 40th St

Data from public records.

Address	Redfin Estimate
348 40th St, Springfield, OR 3 Beds \| 1 Baths \| 1033 Sq. Ft.	$297,778
422 40th St, Springfield, OR 2 Beds \| 1 Baths \| 784 Sq. Ft.	$330,291

Address	Redfin Estimate
349 40th St Apt A, Springfield, OR 4 Beds \| 4 Baths \| 2640 Sq. Ft.	—
254 40th St, Springfield, OR 2 Beds \| 1 Baths \| 1148 Sq. Ft.	$318,665

Address	Redfin Estimate
351 40th St, Springfield, OR 4 Beds \| 4 Baths \| 2640 Sq. Ft.	—
336 40th St, Springfield, OR 2 Beds \| 1 Baths \| 812 Sq. Ft.	$265,032

Property information provided by RMLS when last listed in 2025. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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