Duplex Income
207 West D Street Springfield, OR 97477
207 West D Street, Springfield, OR, 97477
$615,000
For Sale
$615,000
Duplex for sale with 3 bedrooms and 2 bathrooms per unit, each featuring a private fenced backyard and covered patio.
Property Size2,688 SF
Price / SF$228.79
Days on Market213
Property Features for 207 West D Street
General Information
- Standard status
- Active
- Size
- 2,688 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1962
Listing agency
Better Homes and Gardens Real Estate Equinox
(541) 543-8354
Listed by
Merrill Moore · License #201218488
(541) 543-8354
Source
Compass
Added: Dec 22, 2025 Updated: Jul 22 at 11:59PM Checked: Jul 22 at 11:59PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Better Homes and Gardens Real Estate Equinox
Investment Insights
Based on property information with market context.
This duplex offers two residential units, each with 3 bedrooms and 2 bathrooms. Both units include a private, fenced backyard with a covered patio, along with low-maintenance landscaping designed for easier upkeep.
The property is located just blocks from Island Park, the Willamette River, and the Washburn Historic District. It also sits near shops, restaurants, the public library, parks, schools, the bike path, a senior center, and a bus line, with freeway access nearby. The provided remarks note a walkability score of 72, and quick access to the University of Oregon and Autzen Stadium.
More pictures of unit 213 are expected to be added.
The property is located just blocks from Island Park, the Willamette River, and the Washburn Historic District. It also sits near shops, restaurants, the public library, parks, schools, the bike path, a senior center, and a bus line, with freeway access nearby. The provided remarks note a walkability score of 72, and quick access to the University of Oregon and Autzen Stadium.
More pictures of unit 213 are expected to be added.
Key Highlights
- Duplex with 3 bedrooms and 2 bathrooms per unit
- Each unit includes a private, fenced backyard with a covered patio
- 2‑story duplex built in 1962
Local 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 | $40.3k | $15.00 |
| − Vacancy | −$2.6k | −$0.98 |
| EGI | $37.7k | $14.03 |
| − OpEx | −$11.3k | −$4.21 |
| NOI | $26.4k | $9.82 |
2,688 SF · lease $15.00/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$377.0K
$329.9K – $439.8K
NOI $26,389 @ 7.0% cap · market cap 4.29%
Second Best
Apartment 5plus
$350.9K
$307.1K – $409.4K
NOI $24,566 @ 7.0% cap · market cap 3.99%
Theoretical Best
Office A
$680.0K
$595.0K – $793.4K
NOI $47,602 @ 7.0% cap · market cap 7.74%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Duplex for sale with 3 bedrooms and 2 bathrooms per unit, each featuring a private fenced backyard and covered patio.
Where is this duplex located?
The property is located at 207 West D Street Springfield, OR.
What is the asking price?
The asking price for this property is $615,000.
What are key features of this property?
This property features: Duplex with 3 bedrooms and 2 bathrooms per unit; Each unit includes a private, fenced backyard with a covered patio; 2‑story duplex built in 1962
