East Main, located between Downtown Springfield and Thurston, is a historic and commercial Springfield neighborhood with a walkable main drag and a river-adjacent feel. The neighborhood’s character concentrates around Main Street near 5th Street, where storefront windows, patios, and small galleries set a steady street-level rhythm. Early-20th-century bungalows and compact cottages sit behind older brick facades and newer infill along the corridor. Public art and event energy radiate from the Richard E. Wildish Community Theater. Local staples like PublicHouse and Plank Town Brewing Company anchor the food-and-drink scene. Island Park and the Willamette River paths shape daily routines with open lawns and long, flat routes.
Provided by Walk Score and Local Logic
Market insights
4933 Bluebelle Way · $450,000
DAYS ON MARKET
64 days
The average home goes pending in 27 days.
SALE-TO-LIST
99.4%
Most homes are selling 1% below list price.
LIST PRICE
$450,000
Median sale price in this area is $487,600. (8% higher than this home)
PRICE DROP
0 price drops
27% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bedroom
Living
Interior features
Hot water supplied by electricity
Bedrooms
Two 2-bedroom units
Bathrooms
Each unit has 1 bathroom
Kitchen
Each unit includes a range and refrigerator
Laundry & utility
No specific laundry details provided
Heating & cooling
Baseboard heating
No central cooling
Exterior features
T-111 siding
Concrete road access
Lot between 7,000 and 9,999 square feet
Home design
Multi-family property
Not attached to another property
Built in 1974
No notable view
Cul-de-sac location (49th and Bluebelle)
Parking
Garage
2 garage spaces
Construction
Composition roof
Utilities
Public water
Public sewer
Electric service (including fuel for hot water)
HOA & community
Zoning: LD
Financial info
Two-unit building
Unit 1 rent: $1,395
Unit 2 rent: $1,185
Unit 1 area: 800 (unit-provided)
Unit 2 area: 834 (unit-provided)
Cap rate: 5.77
Gross rent multiplier: 14.53
Other
Total building area reported as 1,640
Parcel number: 1036126
Electricity and solar
View estimated energy costs and solar savings for this home