157 40th St
Springfield, OR 97478
- 8 Beds
- 8 Baths
- 4,704 sqft (on 0.31 acres)
$711,000
Last Sold: Dec 22, 2025
2% over list $700K
$151/sqft
Est. Refi. Payment $4,060/mo*
$711,000
Last Sold: Dec 22, 2025
2% over list $700K
$151/sqft
Est. Refi. Payment $4,060/mo*
8 Beds
8 Baths
4,704 sqft
(on 0.31 acres)
Local Information
-- mins to
Description
4-Plex in Highly Desirable Thurston NeighborhoodExcellent investment opportunity in one of Springfield’s most sought-after areas. Each townhouse-style unit offers two bedrooms and one full bath upstairs, plus a convenient half bath on the main level. The floor plan features spacious living areas, washer and dryer hookups in each private garage, and large yards — a rare find for multifamily living.These properties have a strong, long-term rental history with consistent tenant demand. The exterior was recently painted, and the current owners have cared for and maintained the property for over 20 years. This is a well-preserved and stable investment in a prime location close to schools, parks, shopping, and easy freeway access. New exterior photos and interior photos of vacant unit coming soon.!!!!
157 40th St, Springfield, OR 97478 is a 8 bedroom, 8 bathroom, 4,704 sqft multi-family built in 1973. It last sold for $711,000 on Dec 22, 2025 (2% above the $700,000 asking price). It is currently off market. The Trulia Estimate rent is $1,394/month.
Home Highlights
Parking
Garage
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
$151/sqft
Listed
180+ days ago
Last check for updates: about 16 hours ago
Listed by Sandra Boyst
ICON Real Estate Group
Bought with: OR and WA Non Rmls, Non Rmls Broker
Source: RMLS (OR), MLS#239958980

Home Details for 157 40th St
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MLS Status: Sold |
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Interior Details Basement: Crawl Space |
Beds & Baths Number of Bedrooms: 8Number of Bathrooms: 8Number of Bathrooms (full): 4Number of Bathrooms (partial): 4 |
Dimensions and Layout Living Area: 4704 Square Feet |
Appliances & Utilities Appliances: Dishwasher, Range, Refrigerator, Electric Water HeaterDishwasherLaundry: Washer Dryer HookupRefrigerator |
Heating & Cooling Heating: ZonedNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Zoned |
Levels, Entrance, & Accessibility Stories: 2 |
View No View |
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Exterior Home Features Roof: CompositionFoundation: Concrete Perimeter |
Parking & Garage Number of Garage Spaces: 4Number of Covered Spaces: 4No CarportHas a GarageNo Attached GarageHas Open ParkingParking Spaces: 4Parking: Garage,Garage Door Opener |
Frontage Road Surface Type: Paved |
Water & Sewer Sewer: Public Sewer |
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Cumulative Days on Market: 16 |
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Year Built Year Built: 1973 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Building Construction Materials: Vinyl SidingNot Attached Property |
Property Information Condition: ExistingParcel Number: 1810637 |
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Price List Price: $700,000Price Per Sqft: $151/sqft |
Status Change & Dates Off Market Date: Thu Nov 20 2025 |
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Direction & Address City: Springfield |
School Information Elementary School: RiverbendJr High / Middle School: BriggsHigh School: Thurston |
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Building Area Building Area: 4704 Square Feet |
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Lot Area: 0.31 acres |
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Listing Terms: Cash, Conventional, FHA, VA Loan |
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Rent Includes: Maintenance Grounds |
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Mls Number: 239958980Attribution Contact: ICON@TheICONREGroup.com |
Price History for 157 40th St
| Date | Price | Event | Source |
|---|---|---|---|
| 12/22/2025 | $711,000 | Sold | RMLS (OR) #239958980 |
| 11/21/2025 | $700,000 | Pending | RMLS (OR) #239958980 |
| 11/18/2025 | $700,000 | PendingToActive | RMLS (OR) #239958980 |
| 11/04/2025 | $700,000 | Pending | RMLS (OR) #239958980 |
| 12/07/2007 | $350,000 | Sold | N/A |
Market trends in Springfield
Last updated May 2026
Avg. sale price
$410K
$83MoM
Sale-to-List Price
100.0%
Price per sq ft
$306
$14MoM
Available listings
179
24MoM
Property Tax and Assessment
| Year | 2017 |
|---|---|
| Tax | $4,403 |
| Assessment | $257,343 |
Home facts updated by county records
Comparable Sales for 157 40th St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.15 | Multi-Family Home | $599,000 | 09/12/25 | 9 | 4 | 3,158 | |
0.15 | Multi-Family Home | $665,000 | 11/14/25 | 8 | 4 | 2,640 | |
0.50 | Multi-Family Home | $1,005,000 | 10/30/25 | 9 | 6 | 3,868 | |
0.38 | Multi-Family Home | $520,000 | 08/29/25 | 6 | 6 | 2,966 | |
0.50 | Multi-Family Home | $525,000 | 05/11/26 | 6 | 6 | 2,966 | |
0.27 | Multi-Family Home | $407,500 | 11/19/25 | 4 | 2 | 1,992 | |
0.42 | Multi-Family Home | $510,000 | 06/10/26 | 4 | 2 | 1,648 | |
0.28 | Multi-Family Home | $390,000 | 02/03/26 | 4 | 2 | 1,820 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 157 40th St.
What Locals Say about Springfield
At least 435 Trulia users voted on each feature.
88 % Say it's dog friendly
83 % Say there are sidewalks
81 % Say parking is easy
77 % Say car is needed
77 % Say there's holiday spirit
75 % Say yards are well-kept
72 % Say kids play outside
59 % Say it's walkable to grocery stores
57 % Say it's walkable to restaurants
57 % Say people would walk alone at night
55 % Say streets are well-lit
52 % Say it's quiet
51 % Say neighbors are friendly
46 % Say they plan to stay for at least 5 years
38 % Say there's wildlife
20 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
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Apartments for Rent
Homes for sale near 157 40th St
Off Market Homes Near 157 40th St

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 Zillow, Inc. are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS™, Portland, Oregon.
This content last updated on 2026-07-04 23:49:06 PDT. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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