993 N CLOVERLEAF LOOP, Springfield, OR 97477

  • Active
  • Price Reduced$25,000

 $450,000

  • 0 BedroomBedrooms
  • 0 BathroomBathrooms
  • Sq.Ft.
  • Multi-Family
  • Active
  • MLS# 350046692
  • Sold On
  • Rental
0 More Schedule
Source MLS Verified

PROPERTY DESCRIPTION

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.

Property Details

General

  • Area: 232 - Lane Co: Hayden Bridge
  • County: Lane
  • Year Built: 1977
  • Lot Size: 0.1700
  • Lot Description: Level
  • Garage/Parking Spaces: 2.00

Schools

  • Elementary: Guy Lee
  • Middle: Hamlin
  • High: Springfield

Financial Considerations

  • Tax Amount: $3,785
  • Tax Year: 2025

Activity

  • Days On Market: 43
  • List Date: 09/10/2026
 

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