25% of homes accept an offer within a week. Tour it before it's gone!
Tomorrow:
About this home
Investor opportunity with significant upside potential! This well-maintained duplex offers two spacious units, each featuring 3 bedrooms, 2.5 bathrooms, approximately 1,483 square feet of living space, indoor laundry, attached single-car garages, and private fenced backyards. The functional two-story floorplans provide desirable living spaces that continue to attract long-term tenants. Newer roof (2023), new fencing (2026), new exterior paint (2026), LVP flooring main level in both units. Conveniently located in northeast Springfield near shopping, schools, medical facilities, and major commuter routes, this property offers a strong combination of location, unit mix, and long-term investment potential. Whether you're looking to expand your portfolio or acquire a value-add asset with built-in upside, this duplex deserves serious consideration. Buyer to perform their own due diligence.
Multi-familyProperty Type
1997Year Built
6,534 sq ftLot Size
$195Price/Sq.Ft.
2 car garageParking
Listed by Kara Schmidt• Elevate Real Estate Group
Listed by Olivia Schmidt• Elevate Real Estate Group
Aly Stephens • Keller Williams Realty Eugene and Springfield
Around this home
Schools
K - 12
Preschool & daycare
Douglas Gardens Elementary School
Public K-5 • Assigned • 0.6mi
8/10
Agnes Stewart Middle School
Public 6-8 • Assigned • 0.9mi
6/10
Springfield High School
Public 9-12 • Assigned • 2.7mi
4/10
Provided by GreatSchools
About
Mid-Springfield
Mid-Springfield, located between Downtown Springfield and Thurston, is a residential and commercial Springfield neighborhood with tree-lined blocks and a steady stream of local storefronts. The neighborhood’s character concentrates around Main Street near 5th Street, where murals, casual eateries, and small-service shops keep the sidewalks active. Architectural cues lean toward mid-century ranch homes and compact postwar cottages, with pockets of newer infill along busier corridors. The Willamette River and nearby parks shape daily routines with paths and open lawns. Community pillars include PublicHouse, the Wildish Theater, and the Springfield History Museum. A mix of civic buildings and corner markets gives the area a practical, lived-in rhythm.
Provided by Walk Score and Local Logic
Offer insights
4135 Forsythia St · $579,000
$579K and above
75% chance or better to win
Why $579K+ is a strong offer
DAYS ON MARKET
62 days
The average home goes pending in 39 days.
SALE-TO-LIST
93.0%
Most homes are selling 7% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Crawl space basement
Bedrooms
Two 3-bedroom units
Bathrooms
Each unit has 3 bathrooms
Kitchen
Each unit includes a range
Each unit includes a microwave
Each unit includes a dishwasher
Laundry & utility
Washer/dryer hookup in each unit
Electric hot water
Heating & cooling
Wall heaters
No central heating reported
No cooling reported
Exterior features
Level lot
Paved road access
T-111 siding
Home design
Multi-family property
Unattached units
Built in 1997
Parking
Driveway
Attached 2-car garage (2 garage spaces total)
Total parking for 2 vehicles
Construction
Composition/shingle roof
Utilities
Electric fuel
Public water
Public sewer
Financial info
Two total units
Unit 1 actual rent reported at $1,255
Unit 2 actual rent reported at $1,225
Gross rent multiplier 19.46
Cap rate 3.71
Other
Zoning: R1, R2
Electricity and solar
View estimated energy costs and solar savings for this home
Good sized duplex with 3 beds 2.5 baths each side. Fenced back yards. Master with double closets and full bath. Single garage. Please do not disturb the tenants. Thank you. Short sale.
Public Records
Jun 10, 1997
Sold
$187,500
$63/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$6,103 (+1.6%)
2024
$6,004 (+4.4%)
2023
$5,749 (+3.4%)
2022
$5,561 (+1.8%)
2021
$5,461 (+13.2%)
2020
$4,825 (+13.0%)
$61,932 + $211,710
$273,642
2019
$4,271 (+11.8%)
$61,932 + $211,710
$273,642
2018
$3,819 (+8.0%)
$56,728 + $166,453
$223,181
2017
$3,535 (−4.7%)
$54,199 + $151,378
$205,577
2016
$3,710 (−29.9%)
$50,645 + $163,286
$213,931
2015
$5,293 (+2.0%)
2014
$5,189 (+3.5%)
2013
$5,011 (+10.9%)
2012
$4,518 (+2.6%)
2011
$4,402 (+3.0%)
2010
$4,273
2009
$4,277
Public record
Beds
6
Baths
5
Stories
2
Lot width
—
Lot depth
—
Lot size
6,534 Sq. Ft.
Year renovated
1997
Finished Sq. Ft.
2,806
Unfinished Sq. Ft.
—
Total Sq. Ft.
2,806
Year built
1997
Style
Single Family Residential
County
Lane County
APN
1582582
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 5, 2026.
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, 16 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)
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
88/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.6 hrs
5.7 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 4135 Forsythia St
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $455,000 and $570,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $455K to $570K.