The property
Income-Producing Duplex in East SpringfieldGreat opportunity for an investor or owner-occupant! Located at 3999 Virginia Ave & 532 S 40th St,this single level duplex sits on a.18-acre corner lot in an established East Springfield neighborhood.Built in 1971, the property offers approximately 1,632 total sqft, with each unit featuring 816 sq ft, 2 bedrooms and 1 bathroom. Both units offer comfortable, functional floor plans with updated flooring and dual-pane vinyl windows. Each unit also has its own single-car garage with dedicated laundry, plus a large backyard and off street parking. One side offers additional parking with potential space for an RV, boat or recreational vehicles.Currently rented at $1,600 per month per unit, this property offers immediate rental income and flexibility for the future. Continue as an investment or explore the possibility of living in one side while renting the other.
Listing snapshot
- Type
- Multi Family
- Status
- Pending (PEN)
- Year built
- 1971
- Lot
- 0.18 ac
- Garage
- 2 spaces
- Stories
- 1
- Water
- Public Water
- Sewer
- Public Sewer
- Heat
- Ceiling
- Roof
- Composition
- Terms
- Cash,Conventional,FHA,VALoan
- Property tax
- $3,373 (2025)
- County
- Lane
- Zoning
- LD
- Condition
- Existing
- MLS®
- 158326634
Heating & cooling
- Ceiling
Basement
- Crawl Space
Construction
- Composition
Lot & view
- Level
Parking
- Driveway,Garage
Utilities
- Public Water
- Public Sewer
- Paved
The house, in pictures
Listing courtesy of Nicole Ferrell, Triple Oaks Realty LLC · 541-913-9973 · RMLS
Listing courtesy of Nicole Ferrell, Triple Oaks Realty LLC · 541-913-9973. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by RMLS. 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 Triple Oaks Realty 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. All information provided is deemed reliable but is not guaranteed and should be independently verified.
This content last updated on Aug 22, 2026, 7:44 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Provided by Triple Oaks Realty.
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