231 S 40th St
Springfield, OR 97478
- 9 Beds
- 4 Baths
- 3,158 sqft
9 Beds
4 Baths
3,158 sqft
Homes for sale near 231 S 40th St
Apartments for Rent
Local Information
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Description
New To Market!-Prime Investment Opportunity! This well-maintained quadplex in Springfield is just off Main Street and sits on a spacious lot with private parking-2 spots per unit. Property features include: Three 2 bed/1 bath units & One 3 bed/1 bath unit, shared laundry on the first floor and a history of low to no vacancy. Perfect for seasoned investors or those looking to grow their portfolio with a solid, income-generating property.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from September 15, 2025
Home Highlights
Parking
8 Parking Spaces
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
$190/sqft
Listed
180+ days ago
Last check for updates: about 21 hours ago
Listed by Shelly Iverson, (541) 579-3605
Joi Real Estate
Shelly Begines, (541) 521-2116
Joi Real Estate
Bought with: Sarah Gonzalez, (541) 253-1162, Bell Real Estate
Source: RMLS (OR), MLS#163907285

Home Details for 231 S 40th St
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MLS Status: Sold |
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Interior Details Basement: None |
Beds & Baths Number of Bedrooms: 9Number of Bathrooms: 4Number of Bathrooms (full): 4 |
Dimensions and Layout Living Area: 3158 Square Feet |
Appliances & Utilities Appliances: Dishwasher, Range, Refrigerator, Electric Water HeaterDishwasherLaundry: Common AreaRefrigerator |
Heating & Cooling Heating: CeilingNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Ceiling |
Windows, Doors, Floors & Walls Window: Window Coverings |
Levels, Entrance, & Accessibility Stories: 2 |
View No View |
Security Security: None |
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Exterior Home Features Roof: CompositionFoundation: Slab |
Parking & Garage No CarportNo GarageNo Attached GarageParking Spaces: 8Parking: Assigned,Paved |
Frontage Road Surface Type: Paved |
Water & Sewer Sewer: Public Sewer |
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Cumulative Days on Market: 7 |
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Year Built Year Built: 1973 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Building Construction Materials: T111 SidingNot Attached Property |
Property Information Condition: ExistingParcel Number: 0122729 |
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Price List Price: $599,000Price Per Sqft: $190/sqft |
Status Change & Dates Off Market Date: Wed Aug 06 2025 |
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Direction & Address City: Springfield |
School Information Elementary School: Douglas GardensJr High / Middle School: Agnes StewartHigh School: Springfield |
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Building Area Building Area: 3158 Square Feet |
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Community Features: Laundry |
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No HOA |
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Lot Area: 10018.8 sqft |
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Listing Terms: Cash, Conventional |
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Rent Includes: Sewer, Trash Collection, Water |
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Mls Number: 163907285 |
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Laundry |
Price History for 231 S 40th St
| Date | Price | Event | Source |
|---|---|---|---|
| 12/12/2025 | $1,250 | ListingRemoved | Zillow Rentals |
| 11/04/2025 | $1,250 | PriceChange | Zillow Rentals |
| 10/16/2025 | $1,350 | PriceChange | Zillow Rentals |
| 10/01/2025 | $1,395 | PriceChange | Zillow Rentals |
| 09/30/2025 | $1,450 | PriceChange | Zillow Rentals |
| 09/23/2025 | $1,495 | Listed For Rent | Zillow Rentals |
| 09/12/2025 | $599,000 | Sold | RMLS (OR) #163907285 |
| 08/06/2025 | $599,000 | Pending | RMLS (OR) #163907285 |
| 07/30/2025 | $599,000 | Listed For Sale | RMLS (OR) #163907285 |
| 05/12/2003 | $200,000 | Sold | N/A |
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $5,319 |
| Assessment | $503,705 |
Home facts updated by county records
Comparable Sales for 231 S 40th St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.30 | Multi-Family Home | $665,000 | 11/14/25 | 8 | 4 | 2,640 | |
0.04 | Multi-Family Home | $473,500 | 07/02/25 | 4 | 4 | 2,076 | |
0.15 | Multi-Family Home | $711,000 | 12/22/25 | 8 | 8 | 4,704 | |
0.27 | Multi-Family Home | $520,000 | 08/29/25 | 6 | 6 | 2,966 | |
0.46 | Multi-Family Home | $1,005,000 | 10/30/25 | 9 | 6 | 3,868 | |
0.21 | Multi-Family Home | $407,500 | 11/19/25 | 4 | 2 | 1,992 | |
0.22 | Multi-Family Home | $390,000 | 02/03/26 | 4 | 2 | 1,820 | |
0.91 | Multi-Family Home | $545,000 | 08/01/25 | 6 | 4 | 2,528 | |
0.78 | Multi-Family Home | $690,000 | 06/04/25 | 6 | 6 | 3,107 |
Assigned Schools
These are the assigned schools for 231 S 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
Learn more about our methodology.
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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 2026-05-08 10:24:01 PDT. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
All information provided is deemed reliable but is not guaranteed and should be independently verified.
Homes for rent near 231 S 40th St
Off Market Homes Near 231 S 40th St
Explore by feature
231 S 40th St, Springfield, OR 97478 is a 9 bedroom, 4 bathroom, 3,158 sqft multi-family built in 1973. This property is not currently available for sale. 231 S 40th St was last sold on Sep 12, 2025 for $599,000 (0% higher than the asking price of $599,000). The current Trulia Estimate for 231 S 40th St is $592,800.

