215 SMITH LOOP, Springfield, OR 97478 | MLS #353491641 | Cascade Hasson Sotheby’s International Realty

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Listing provided courtesy of Real BrokerMLS# 353491641MLS ProviderContact Information: 458-209-0163
  • 59 days on site
  • 1 views

Prime Thurston neighborhood duplex ' a rare chance to own a turnkey income property with a built-in value-add play.This exceptional, well-maintained duplex offers 2,268 square feet of total living space across two generously sized units. Each side features a spacious 3-bedroom, 1.5-bathroom layout , situated on a 6,098 SF lot in one of Springfield's most sought-after neighborhoods. Built in 1993 and zoned MD ' Medium Density Residential, this property checks every box for investors, house-hackers, and landlords alike.Both unit are tenant-occupied and generating $1,260/month and $1725/month in immediate rental income.Investors will appreciate the significant recent upgrades, including brand-new siding, windows, and sliding doors, a solid roof that is only 4-5 years old, and new mini-split heating and AC systems for tenant comfort and energy efficiency.

Source: Regional MLS, MLS#: 353491641

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  • Property Type
    Residential Income
  • Lot
    0.14 acres

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  • Median Age
    39
  • Population Density
    246
  • College Educated
    30%
  • Estimated Median Income
    $64,536
  • Estimated Total Home Owners
    10,370
  • Estimated Total Renters
    4,365
  • Owner / Renter Divide
    70% / 30%
  • Estimated Average Household Size
    3
  • Total Population
    40,357
  • Community data courtesy of LiveBy, Inc.

Owning this Home

$
$ %
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

History

Date Event Value Agent
5/1/2026Source: Regional MLS Price Reduction
$525,000 -4.5%
5/1/2026Source: Regional MLS Added to Database
May 01, 2026