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About this home
3 bedrooms 1 bath duplex, with some updating this could be a big money maker. additinal living space below units for extended family etc. Potential for 10% return if you update, close to the river and Autzen stadium.
East Kelly Butte, located between Kelly Butte and the Thurston Hills, is a residential and hillside Springfield neighborhood with wooded slopes and curving, view-oriented streets. The neighborhood’s character concentrates around the Kelly Butte Trailhead area, where trail traffic, dog walkers, and cyclists set a steady outdoor cadence. Housing leans toward late-20th-century subdivisions with split-levels and ranch profiles, plus pockets of newer builds tucked along ridgelines. Daily errands and casual meetups often orbit nearby Main Street, with local staples like Plank Town Brewing Company and Washburne Cafe. For arts and community nights, the Richard E. Wildish Community Theater anchors the broader Springfield scene. The geography reads as green and elevated, with quick transitions from backyards to forested paths.
Provided by Walk Score and Local Logic
Market insights
602 Kelly Blvd · $510,000
DAYS ON MARKET
93 days
The average home goes pending in 27 days.
SALE-TO-LIST
99.2%
Most homes are selling 1% below list price.
LIST PRICE
$510,000
Median sale price in this area is $490,336. (4% lower than this home)
PRICE DROP
2 price drops
29% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Interior features
Finished basement
Bedrooms
3 bedrooms per unit
Bathrooms
1 bathroom per unit
Kitchen
Range, refrigerator
Heating & cooling
Radiant heating
Exterior features
Sloped terrain
Home design
Multi-family property
Two units
Parking
Driveway parking for 4 vehicles
Construction
Built in 1971
T-111 siding
Composition roof
Concrete perimeter foundation
Utilities
Electricity
Cable internet
Public water
Public sewer
HOA & community
Grounds maintenance included in rent
Financial info
Actual rent: $1,470
Cap rate: 4.58%
Gross rent multiplier: 14.45
Electricity and solar
View estimated energy costs and solar savings for this home