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993 N Cloverleaf Loop, 
Springfield, OR 97477

$475,000


Bed


Bath


-

Sq Ft


Multi-Family

Active

Listed by

Tim Kaelin

503-538-0468

Last updated:

September 10, 2026, 10:24 PM

MLS#

350046692

Source:

PORTLAND

Company Logo

About This Home

993 N Cloverleaf Loop

Turnkey investment opportunity in a prime Springfield location! Ideally situated within walking distance of Gateway Mall with quick and convenient access to I-5, this fully occupied duplex offers strong rental performance and an attractive 6.16% cap rate. Each spacious unit features 2 bedrooms, 1.5 bathrooms, and approximately 986 square feet of comfortable living space. Both units include an attached one-car garage, plus long driveways providing ample additional off-street parking. Each side also enjoys its own private fenced backyard, with additional land extending beyond the fenced areas. With a strong occupancy history, solid market rents, and tenants responsible for all utilities, this property is positioned as a low-maintenance addition to an investment portfolio. The functional layouts, individual garages, private outdoor spaces, and convenient location help support long-term tenant appeal and rental demand. Excellent proximity to shopping, dining, services, and major transportation routes makes this an attractive rental location in the Eugene-Springfield market. Property is fully occupied. Please do not disturb tenants. Contact your agent for additional information, rental details, and showing instructions.

Home Facts

Multi-Family

Built in 1977

Price Summary

475,000

MLS #:

350046692

Last Updated:

September 10, 2026, 10:24 PM

Added:

a day ago


Structure

Structure

Year Built:

1977


Lot

Lot Size (Sq. Ft):

7,405


Finances & Disclosures

Finances

Price:

$475,000

993 N Cloverleaf Loop
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 2026 RMLS, Portland, Oregon. Last updated: September 10, 2026

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.