Springfield Duplex Near Tyson
For Sale
Contact for pricing
3542 E ST, Springfield, OR 97478
Well-maintained 1646 sqft duplex with fenced yards and garages.
Property Size1,646 SF
Price / SF$258.20
Days on Market145
Property Features for 3542 E ST
General Information
Standard status
Active
Size
1,646 SF
Total Parking Spaces
2
Property subtype
Multifamily
Zoning
R1
Occupancy
100%
Investment Type
Stabilized
Net Operating Income
$19,611
Building Details
Year Built
1972
Stories
1
Units
2
Tenancy
Multi
Listing Agency:
Sixel Real Estate
Listed By:
Kit Sixel · License #OR 200710134
(541) 654-0501
Source:
Crexi
Added: May 19
Changed: Oct 5
Last Checked: Oct 9 at 6:42PM
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 Sixel Real Estate
Investment Insights
Based on property information with market context.
This 1646 sqft duplex is located in Springfield, near Tyson Park, within the Springfield school district, and feeds into Thurston High School. Each unit includes a fenced yard and a private garage. The property is well-maintained and presents an investment opportunity. Residents have access to schools, parks, shopping, and other amenities.
Key Highlights
- Well‑maintained duplex offering a solid investment opportunity
- Each unit has a private garage and fenced yard
- Located within the Springfield school district, feeding into Thurston High School
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,160
Cap Rate
3.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$323,200
$323.2K
Cap Rate 7%
$230,857
$230.9K
Cap Rate 9%
$179,556
$179.6K
Market Conditions
NOI Build-Up for 1,646 SF
Gross rent
$24.7K $15.00/SF
− Vacancy
−$1.6K −$0.98/SF
EGI
$23.1K $14.03/SF
− OpEx
−$6.9K −$4.21/SF
NOI
$16.2K $9.82/SF
Area
Lane County, OR
Vacancy
6.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$323,200
Cap Rate 7%
$230,857
Cap Rate 9%
$179,556
Alternative Uses
Best Use
Multifamily LT 5
$230.9K
$202.0K – $269.3K
NOI $16,160 @ 7.0% cap · market cap 3.80%
Second Best
Apartment 5plus
$214.9K
$188.0K – $250.7K
NOI $15,043 @ 7.0% cap · market cap 3.54%
Theoretical Best
Office A
$416.4K
$364.4K – $485.8K
NOI $29,149 @ 7.0% cap · market cap 6.86%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
478
Businesses Nearby
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Business Placement
Demographics for 97478, OR
39,155
Population
15,182
Households
2.6
Avg Household Size
40
Median Age
22%
College-Educated
92%
High-School Grad
168.4 sq mi
ZIP Area
233
Density / Sq Mi
$79,051
Median Household Income
$38,508
Median Earnings
$1,314
Median Rent
$361,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Duplex - Well-maintained 1646 sqft duplex with fenced yards and garages.
Where is this duplex located?
The property is located at 3542 E ST Springfield, OR.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Well‑maintained duplex offering a solid investment opportunity; Each unit has a **private garage and fenced yard**; Located within the Springfield school district, feeding into Thurston High School
