This home's estimate is 17.1% higher than the average sale price ($475K) of 6 comparable homes.
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450 Cardinal Way, Springfield, OR 97477
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About this home
DUPLEX ALERT 450 & 456 CARDINAL. Please do not disturb the tenants and call for an appointment. Outstanding in both location and quality this single level duplex is in sight of Riverbend hospital. Across the street from greenbelt and walking trails this property has an exceptional location with public transportation and services nearby. Care of both sides has been immaculate and pride of ownership felt throughout. Each side offers two bedrooms, one bath, a garage as well as a large private fenced backyard. Many updates including vinyl windows, paint, carpet, vinyl flooring and ductless heat pumps. Kitchens have been updated with stainless steel appliances, cabinetry and attractive countertops. Bathrooms have also been updated during ownership and are equipped with vanities with expanded counter and storage space as well as a tub/shower combo with surround. Bedrooms are roomy and enjoy gorgeous wood floors. Always a popular rental and the current owners enjoyed living in the 450 side for years. Current tenants are happy and would prefer to stay. Scheduled combined rent beginning in October is $3,400 per month. Great potential location for an Air BnB or Furnished Finders property with the proximity to the hospital.

Redfin Estimate
Market trends in 97477, OR
Last updated September 2026
Buyer's Market
Seller's Market
Seller's market
- OPEN SAT, 11AM TO 1PM$440,0003 beds2 baths1,314 sq ft475 Pinedale Ave, Springfield, OR 97477Stephen Bates • United Real Estate Properties
- $224,9002 beds2 baths880 sq ft650 Harlow Rd #144, Springfield, OR 97477Nicole Ferrell • Triple Oaks Realty LLC
- $249,9002 beds1 bath900 sq ft1985 17th St, Springfield, OR 97477Jamie Paddock • Elite Realty Professionals
- $645,0004 beds3 baths2,086 sq ft2536 15th St, Springfield, OR 97477Danielle Philpott • DC Real Estate Inc
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Sale and tax history for 450 Cardinal Way
- Sale History
- Tax History
$326/sq ft
$346/sq ft
$352/sq ft
$36/sq ft
Public record
Property details
Parking
- Parking Information
- Parking Features: Driveway, Garage
- Parking Total: 4
- Garage Information
- Garage Spaces: 2
Interior
- Appliances
- Hot Water Description: Electricity
- Interior Features
- Storage: Garage(s)
- Basement: Crawl Space
Exterior
- Exterior Features
- Roof: Composition
- Exterior Description: Lap Siding
- Unreinforced Masonry Bldg: No
- Lot Information
- Lot Size Square Feet: 12,632
- Lot Size Range: 10,000 to 14,999 SqFt
- Lot Size Acres: 0.29
- Lot Size: 10,000 to 14,999 SqFt
- Lot Features: Corner Lot, Level
- Parcel Number: 0188993
- Road Surface Type: Paved
- Property Information
- Property Type: Multi Family
- Property Attached YN: No
- Property Condition: Updated/Remodeled
- View YN: Yes
- View Description: Park/Greenbelt, Territorial
- Building Information
- Year Built: 1962
- Building Area Total: 1,647
- Foundation Details: Concrete Perimeter
Financial
- Tax Information
- Tax Year: 2025
- Tax Legal Description: Map & Taxlot#17-03-22-12-03500
- Tax Annual Amount: $3,999.71
- Rent Information
- Rent Includes: Sewer
- Lease / Rent Information
- CAP Rate: 5.51
- Gross Rent Multiplier: 14.84
Utilities
- Utility Information
- Green Certification YN: No
- Fuel Description: Electricity
- Internet Service Type: Cable
- Water Source: Public Water
- Sewer: Septic Tank
- Heating & Cooling
- Heating YN: Yes
- Heating: Ceiling, Ductless
- Cooling YN: Yes
- Cooling: Heat Pump
Location
- Multi Unit Information
- # Of Units Total: 2
- Unit Information
- Unit Type: 1, 2
- Unit Type 1 Information
- Actual Rent: $1,850
- Area: 823
- Baths Total: 1
- Beds Total: 2
- Features: Air Conditioning, Dishwasher, Range, Refrigerator
- Units Total: 1
- Unit Type 2 Information
- Actual Rent: $1,471
- Area: 823
- BathsTotal: 1
- Beds Total: 2
- Features: Air Conditioning, Dishwasher, Range, Refrigerator
- Units Total: 1
- School Information
- Elementary School: Bertha Holt
- Middle Or Junior School: James Monroe
- High School: Sheldon
- Location Information
- Directions: Martin Luther King Parkway, west on Cardinal Way, on corner of Cardinal & Game Farm.
- Unparsed Address: 450 CARDINAL WAY, Springfield, OR 97477
- Community Information
- Zoning: Mul Com
Public facts
- Beds: 4
- Baths: 2.0
- Sq. Ft.: 1,647
- Stories: 1.0
- Lot Size: 0.29 acres
- Style: Single Family Residential
- Year Built: 1962
- Year Renovated: 1989
- County: Lane County
- APN: 0188993
Other
- Listing Information
- MlsStatus: Sold
- Listing Price Information
- Price Type: List Price
Around this home
Schools
Public K-5 • Assigned • 1.3mi
Public 6-8 • Assigned • 1.7mi
Public 9-12 • Assigned • 2.0mi
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
0.15% chance of being in a wildfire in next 30 years
7 days above 92° expected this year, 15 days in 30 years
Minimal risk of severe winds over next 30 years
15 unhealthy days expected this year, 16 days in 30 years
Sun exposure
Very good sunlight
SunscoreThis home receives average direct sun exposure in Springfield. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
Nearby similar homes






New listings for sale in 97477







Home values near 450 Cardinal Way
| Address | Redfin Estimate |
|---|---|
4 Beds | 2 Baths | 1792 Sq. Ft. | $471,250 |
3 Beds | 2 Baths | 1640 Sq. Ft. | $485,108 |
| Address | Redfin Estimate |
|---|---|
4 Beds | 2 Baths | 1929 Sq. Ft. | $493,872 |
2 Beds | 2.5 Baths | 2023 Sq. Ft. | $521,981 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 2 Baths | 1400 Sq. Ft. | $451,523 |
3 Beds | 2 Baths | 1439 Sq. Ft. | — |
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