All property photos

27 photos

$475,000

Active (ACT)

993 N CLOVERLEAF LOOP, Springfield, OR 97477

Bedrooms
Bathrooms
Square feet
Acres
0.17

About this property

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.

MLS details

Property information

Overview

MLS #
350046692
RMLS status
Active (ACT)
Standard status
Active
Property type
Multi Family
Year built
1977
Stories
2
County
Lane
Zoning
MD
Attached property
No

Listing and taxes

Listing modified
Sep 10, 2026, 1:34 PM PDT
On market
September 10, 2026
Days on market
8
Original list price
$475,000
Annual property tax
$3,785
Tax year
2025

Interior

Heating
Zoned
Cooling
Window Unit(s)
Basement
Crawl Space

Exterior, parking and land

Lot size
7,405 sq ft
Garage spaces
2
Attached garage
No
Total parking
4
Parking
Driveway, Garage
Exterior
Wood Siding
Roof
Composition
Foundation
Concrete Perimeter
Road surface
Paved

Utilities and setting

Sewer
Public Sewer
Water source
Public Water
View
City, Seasonal

Schools

Elementary
Guy Lee
Middle school
Hamlin
High school
Springfield
Listing #350046692

Listing provided courtesy of Coldwell Banker Professional.

503-538-0468