455 S 38TH ST

Springfield, 97478

  • 4 Bed

  • 2 Bath

  • 1500 SqFt

  • 24 DOM

  • Built: 1942

  • Status: Active

$495,000

Price cut: $5K (01-04-2026)

X

455 S 38TH ST

Springfield 97478

$495000

Price cut: $5K (01-04-2026)

  • 4 Bed

  • 2 Bath

  • 1500 SqFt

  • 24 DOM

  • Built: 1942

  • Status: Active

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Krishna Regupathy

Principal Broker

(503) 893-8874

DO NOT DISTURB TENANTS. Turn key multi family property in the heart of Springfield ready to cash flow for the next owner. Sellers have completed extensive remodel in 2023 which included: New roof, int/ext paint, flooring, electrical, plumbing, heating & AC, crawlspace insulation & vapor guard, new attic insulation, bathrooms, kitchens, ect. Front house rents for $1,795, apartment over garage rents for $1,295 & is eligible for increase. Both units are M2M. House tenant moved in 12/2025. Property is likely eligible for 1-4 more units, buyer to verify with city. LOW taxes! Sellers are licensed realtors in Oregon.

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Residence Information

  • 1500

  • 4

  • 2

  • Composition

  • Driveway

  • 2

  • 1942

  • No

  • LapSiding

  • CrawlSpace

  • CrawlSpace

Features and Utilities

  • MiniSplit

  • Electricity

  • Ductless, WallHeater

  • PublicSewer

  • Electricity

  • Electricity

Financial

  • 2800.96

  • None

  • Cash,Conventional,FHA,VALoan

  • 12-14-2025

  • No

  • No

Comparable Information

  • 24

  • 24

  • Cash,Conventional,FHA,VALoan

  • $500,000

  • $495,000

  • Jan 07, 2026 00:20

Schools

public Elementary : Douglas Gardens 4/10 Ratings
public Middle : Agnes Stewart 2/10 Ratings
High : Springfield N/A Ratings

Map

Listing courtesy of Tim Duncan Real Estate.

The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2019 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. Krishna Realty data last checked: Jan 07, 2026 16:00 | Listing last modified Jan 07, 2026 00:20. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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