Duplex with Fenced
New
For Sale
$445,000
4256 DAISY St, Springfield, OR 97477
MULTI_FAMILY - Springfield, OR
Property Size1,720 SF
Lot Size0.14 Acres
Price / SF$258.72
Days on Market3
Property Features for 4256 DAISY St
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R-1
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 3, Bedroom 1, Bathroom 1, Bedroom 2, Bedroom 4, Bathroom 2
Subdivision
191500 - Urban Mixed Grade Spr
Elementary school
Mt Vernon
Middle school
Agnes Stewart
High school
Springfield
Directions
From Main St, South on 42nd, Left on Daisy. On corner.
Standard status
Active
APN
0127660
Size
1,720 SF
Lot size
0.14 Acres
Taxes and HOA fees
Tax Description
17-02-32-33-00601
Tax Annual Amount
3940
Legal Description
17-02-32-33-00601
Amenities
private fully fenced backyard
patio
washer/dryer hook-ups
Building Details
Year built
2003
Floors in Building
1
Number of units
2
Roof type
Shingle, Composition
Listing Agency:
ICON Real Estate Group
(541) 915-2080
Listed By:
Jennifer Ruiz
(541) 868-4207
Added: Aug 7
Last Checked: Aug 9 at 6:06PM
MLS# 358024852
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.
Built in 2003, this duplex contains 1720 square feet across two residential units, with each side arranged with 2 bedrooms and 1 bathroom. Both units include a patio and access to a private, fully fenced backyard. The property also provides washer/dryer hookups in the garage, composition shingle roofing, and R-1 zoning.
One unit has received new interior paint and a new dishwasher. Set on a 0.14-acre parcel near shopping in Springfield, the property combines a two-unit layout with practical outdoor and laundry features. The address is 4256 DAISY St, Springfield, OR 97477.
One unit has received new interior paint and a new dishwasher. Set on a 0.14-acre parcel near shopping in Springfield, the property combines a two-unit layout with practical outdoor and laundry features. The address is 4256 DAISY St, Springfield, OR 97477.
Key Highlights
- Two‑unit duplex with 2 bedrooms and 1 bathroom in each unit
- 1720 square feet on a 0.14‑acre parcel
- Private, fully fenced backyard with patio
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$16,886
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.79%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$337,720
$337.7K
Cap Rate 7%
$241,229
$241.2K
Cap Rate 9%
$187,622
$187.6K
Market Conditions
NOI Build-Up for 1,720 SF
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.
Gross rent
$25.8K $15.00/SF
− Vacancy
−$1.7K −$0.98/SF
EGI
$24.1K $14.03/SF
− OpEx
−$7.2K −$4.21/SF
NOI
$16.9K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$337,720
Cap Rate 7%
$241,229
Cap Rate 9%
$187,622
Alternative Uses
Best Use
Multifamily LT 5
$241.2K
$211.1K – $281.4K
NOI $16,886 @ 7.0% cap · market cap 3.79%
Second Best
Apartment 5plus
$224.6K
$196.5K – $262.0K
NOI $15,720 @ 7.0% cap · market cap 3.53%
Theoretical Best
Office A
$435.1K
$380.8K – $507.7K
NOI $30,460 @ 7.0% cap · market cap 6.84%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
382
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
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Frequently Asked Questions
What type of property is this?
Duplex - Two matching units offer two bedrooms, one bathroom, patios, and garage laundry hookups.
Where is this duplex located?
The property is located at 4256 DAISY St Springfield, OR.
What is the asking price?
The asking price for this property is $445,000.
What are key features of this property?
This property features: Two‑unit duplex with 2 bedrooms and 1 bathroom in each unit; 1720 square feet on a 0.14‑acre parcel; Private, fully fenced backyard with patio
