This home's estimate is 24.1% higher than the average sale price ($507K) of 5 comparable homes.
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- Sale & tax history
- Property details
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548 S 42nd St, Springfield, OR 97477
About this home
DO NOT DISTURB THE TENANTS. Units are in good shape and are a proven rental income producer. Professionally managed and easy to own. Could be owner managed. Could qualify for FHA financing for an owner-occupant. Shopping and stores nearby.

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Market trends in 97478, OR
Last updated September 2026
Buyer's Market
Seller's Market
Seller's market
+0.0% MoM
- 3D WALKTHROUGH$689,0004 beds2 baths1,920 sq ft92007 Maple Ln, Springfield, OR 97478Paula Thompson • RE/MAX Integrity
- NEW 9 HRS AGO$450,0003 beds2 baths1,438 sq ft7345 B St, Springfield, OR 97478Angela Burrell • Triple Oaks Realty LLC
- $349,9003 beds2 baths1,500 sq ft92801 Jones Acres Rd, Springfield, OR 97477Diane Hart • HomeSmart Realty Group
- VIDEO TOUR$645,0003 beds3 baths2,147 sq ft88193 Tiki Ln, Springfield, OR 97478Sarah Cavanagh • Triple Oaks Realty LLC
- COMING SOON$368,0003 beds2 baths1,092 sq ft536 55th St, Springfield, OR 97478Roxanne Wergeland • ICON Real Estate Group
- $665,0003 beds3 baths2,891 sq ft759 S 71st St, Springfield, OR 97478Diane Tardie • Berkshire Hathaway HomeServices NW Real Estate
- $345,0002 beds1 bath1,352 sq ft1033 S 34th Pl, Springfield, OR 97478Amanda Boxberger • Hybrid Real Estate
- $445,0004 beds2 baths1,890 sq ft92063 Spicer Ln, Springfield, OR 97478Christina Castle-Rey • Hybrid Real Estate
See all
Provided by Redfin
Sale history for 548 S 42nd St
$0/sq ft
$67/sq ft
$72/sq ft
$77/sq ft
$54/sq ft
$45/sq ft
$46/sq ft
$40/sq ft
$35/sq ft
$35/sq ft
Tax history for 548 S 42nd 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: Paved
Interior
- Appliances
- Hot Water Description: Electricity
Exterior
- Exterior Features
- Exterior Description: T-111 Siding
- Lot Information
- Lot Size Range: 10,000 to 14,999 SqFt
- Lot Size: 10,000 to 14,999 SqFt
- Lot Features: Flag Lot, Level
- Parcel Number: 1152238
- Property Information
- Property Type: Multi Family
- Property Attached YN: No
- Property Condition: Approximately
- View YN: No
- Building Information
- Year Built: 1977
- Building Area Total: 3,140
- Foundation Details: Slab
Financial
- Tax Information
- Tax Legal Description: TL 00100
- Tax Annual Amount: $3,224.53
- Rent Information
- Rent Includes: Trash Collection, Water
- Lease / Rent Information
- CAP Rate: 6.5
- Gross Rent Multiplier: 8.54
Utilities
- Utility Information
- Green Certification YN: No
- Fuel Description: Electricity
- Water Source: Public Water
- Sewer: Public Sewer
- Heating & Cooling
- Heating YN: Yes
- Heating: Ceiling
- Cooling YN: No
Location
- Multi Unit Information
- # Of Units Total: 4
- Unit Information
- Unit Type: 1, 2, 3, 4
- Unit Type 1 Information
- Actual Rent: $550
- Area: 785
- Baths Total: 1
- Beds Total: 2
- Features: Dishwasher, Range, Refrigerator
- Units Total: 1
- Unit Type 2 Information
- Actual Rent: $550
- Area: 785
- BathsTotal: 1
- Beds Total: 2
- Features: Dishwasher, Range, Refrigerator
- Units Total: 2
- Unit Type 3 Information
- Actual Rent: $550
- Area: 785
- Baths Total: 1
- Beds Total: 2
- Features: Dishwasher, Range, Refrigerator
- Units Total: 3
- Unit Type 4 Information
- Actual Rent: $550
- Area: 785
- Baths Total: 1
- Beds Total: 2
- Features: Dishwasher, Range, Refrigerator
- Units Total: 4
- School Information
- Elementary School: Douglas Gardens
- Middle Or Junior School: Agnes Stewart
- High School: Springfield
- Location Information
- Directions: Main St to S 42nd
- Unparsed Address: 548 S 42ND ST, Springfield, OR 97477
- Community Information
- Zoning: MD
Public facts
- Beds: 8
- Baths: 4.0
- Sq. Ft.: 3,136
- Stories: 2.0
- Lot Size: 0.26 acres
- Style: Single Family Residential
- Year Built: 1977
- Year Renovated: —
- County: Lane County
- APN: 1152238
Other
- Listing Information
- MlsStatus: Sold
- Listing Price Information
- Price Type: List Price
Around this home
Schools
Public K-5 • Assigned • 0.7mi
Public 6-8 • Assigned • 1.0mi
Public 9-12 • Assigned • 2.8mi
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, 16 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 548 S 42nd St
| Address | Redfin Estimate |
|---|---|
3 Beds | 2 Baths | 1616 Sq. Ft. | $470,861 |
2 Beds | 1 Baths | 1149 Sq. Ft. | $386,882 |
| Address | Redfin Estimate |
|---|---|
8 Beds | 4 Baths | - Sq. Ft. | $586,438 |
32 Beds | 16 Baths | 4136 Sq. Ft. | $683,130 |
| Address | Redfin Estimate |
|---|---|
8 Beds | 4 Baths | 3136 Sq. Ft. | $589,663 |
32 Beds | 16 Baths | 3136 Sq. Ft. | $649,162 |
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