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455 S 38th St, 
Springfield, OR 97478

$500,000

—

Bed

—

Bath

1,500

Sq Ft

Multi-Family

Active

Listed by

Tim Duncan

Tim Duncan Real Estate

541-284-3741

Last updated:

December 16, 2025, 12:26 PM

MLS#

236528166

Source:

PORTLAND

About This Home

455 S 38th St

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.

Home Facts

Multi-Family

Built in 1942

Price Summary

500,000

$333 per Sq. Ft.

MLS #:

236528166

Last Updated:

December 16, 2025, 12:26 PM

Added:

2 day(s) ago

Rooms & Interior

Interior

Living Area:

1,500 Sq. Ft.

Structure

Structure

Building Area:

1,500 Sq. Ft.

Year Built:

1942

Lot

Lot Size (Sq. Ft):

7,840

Finances & Disclosures

Finances

Price:

$500,000

Price per Sq. Ft:

$333 per Sq. Ft.

MLS Logo
All information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than Coldwell Banker Professional Group are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright 2025 RMLS, Portland, Oregon. Last updated: December 16, 2025

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By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.