Duplex with Vacant Move-In Ready
New
For Sale
$479,000
30 T St, Springfield, OR 97477
MULTI_FAMILY - Springfield, OR
Property Size1,940 SF
Lot Size0.10 Acres
Price / SF$246.91
Days on Market3
Property Features for 30 T St
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
Ld
Bedrooms
4
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 4, Bathroom 1, Bathroom 2, Bathroom 4, Bedroom 3, Bedroom 2, Bathroom 3, Bedroom 1
View
Park
Elementary school
Page
Middle school
Hamlin
High school
Springfield
Directions
N 5th turn left onto T St
Subdivision
_232
Standard status
Active
APN
1014149
Size
1,940 SF
Lot size
0.10 Acres
Taxes and HOA fees
Tax Description
Map & Tax Lot # 17-03-26-22-03855)
Tax Annual Amount
3712
Legal Description
Map & Tax Lot # 17-03-26-22-03855)
Utilities
Heating system
Ceiling
Building Details
Year built
1971
Floors in Building
2
Number of units
2
Roof type
Shingle, Composition
Listing Agency:
RE/MAX Integrity · RE/MAX International
(541) 345-8100
Listed By:
Mike Cook
(541) 600-9745
Added: Jul 31
Changed: Aug 1
Last Checked: Aug 2 at 7:06PM
MLS# 297058804
Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This Springfield duplex at 30 T St offers two separate units within a single residential structure built in 1971. One unit (Unit 30) is vacant and described as move-in ready, supporting use by an owner-occupant or a new tenant, while the second unit provides rental income. The property contains 1,940 square feet on a 0.1-acre lot and is zoned Ld.
The duplex backs directly to Pacific Park, providing a quieter setting with convenient access to outdoor recreation. It is also positioned close to shopping, restaurants, schools, and everyday amenities.
Additional property details include ceiling heating and a shingle, composition roof. Interior room listings include multiple bedrooms and bathrooms across the two units.
The duplex backs directly to Pacific Park, providing a quieter setting with convenient access to outdoor recreation. It is also positioned close to shopping, restaurants, schools, and everyday amenities.
Additional property details include ceiling heating and a shingle, composition roof. Interior room listings include multiple bedrooms and bathrooms across the two units.
Key Highlights
- Unit 30 is vacant and move‑in ready, while the second unit provides rental income
- Backs directly to Pacific Park
- 1,940 SF duplex on a 0.1‑acre lot
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $29.1k | $15.00 |
| − Vacancy | −$1.9k | −$0.98 |
| EGI | $27.2k | $14.03 |
| − OpEx | −$8.2k | −$4.21 |
| NOI | $19.0k | $9.82 |
1,940 SF · lease $15.00/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$272.1K
$238.1K – $317.4K
NOI $19,046 @ 7.0% cap · market cap 3.98%
Second Best
Apartment 5plus
$253.3K
$221.6K – $295.5K
NOI $17,730 @ 7.0% cap · market cap 3.70%
Theoretical Best
Office A
$490.8K
$429.5K – $572.6K
NOI $34,356 @ 7.0% cap · market cap 7.17%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
640
Businesses Nearby
Explore this area
Business Placement
Demographics for 97477, OR
37,602
Population
16,572
Households
2.3
Avg Household Size
39
Median Age
23%
College-Educated
89%
High-School Grad
12.4 sq mi
ZIP Area
3,032
Density / Sq Mi
$63,574
Median Household Income
$35,645
Median Earnings
$1,176
Median Rent
$345,800
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Duplex with one move-in-ready unit plus a second rental unit, backing directly to Pacific Park.
Where is this duplex located?
The property is located at 30 T St Springfield, OR.
What is the asking price?
The asking price for this property is $479,000.
What are key features of this property?
This property features: Unit 30 is vacant and move‑in ready, while the second unit provides rental income; Backs directly to Pacific Park; 1,940 SF duplex on a 0.1‑acre lot
