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5104-5108 E St, Springfield, OR, 97478
Duplex with Two 2-Bedroom Units

5104-5108 E St Springfield, OR 97478

New
For Sale
$399,000

MULTI_FAMILY - Springfield, OR

Property Size1,593 SF
Lot Size0.17 Acres
Price / SF$250.47
Days on Market2

Property Features for 5104-5108 E St

General Information

Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R1
Bedrooms
4
Bathrooms
2
Rooms
Bedroom 4, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3
Standard status
Active
APN
0133916
Size
1,593 SF
Lot size
0.17 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
3035

Utilities

Heating system
Radiant Ceiling, Zoned, Ceiling, Radiant

Building Details

Year built
1964
Number of units
2
Flooring type
Vinyl, Carpet
Roof type
Composition
Listing Agency: EXP REALTY, LLC
Listed By: BECKI TROWBRIDGE · License #201207314
Added: Jul 24 Last Checked: Jul 25 at 6:06AM
MLS# 843839

Copyright © 2026 Willamette Valley Multiple Listing Service. 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.

Duplex for sale at 5104–5108 E St in Springfield, Oregon. The property includes two spacious 2-bedroom, 1-bath units, with long-term tenants in place. Both units feature board & batten siding, their own fully fenced yard, and a covered front patio/carport area with attached exterior storage for added convenience.

Set on a desirable corner lot, the duplex offers an open feel with no backyard neighbors. The total lot size is 0.17 acres and the property size is 1,593 square feet. Zoned R1, it’s being marketed with an open house Saturday, 7/25 from 12–2 PM, with viewing on the 5108 side only.

Conveniently located in the Thurston area, the home provides easy access to shopping, restaurants, schools, parks, and everyday amenities, with a quick commute into Eugene or Springfield. Outdoor recreation is also highlighted by proximity to the McKenzie River corridor.

Key Highlights

  • Duplex built in 1964 with two 2‑bedroom, 1‑bath units
  • Each unit has long‑term tenants, plus its own fully fenced yard
  • Corner‑lot setting with no backyard neighbors

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 $23.9k $15.00
− Vacancy −$1.6k −$0.98
EGI $22.3k $14.03
− OpEx −$6.7k −$4.21
NOI $15.6k $9.82
1,593 SF · lease $15.00/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$223.4K
$195.5K – $260.7K (±1% cap)
NOI $15,639 @ 7.0% cap · market cap 3.92%
Second Best
Apartment 5plus
$208.0K
$182.0K – $242.7K (±1% cap)
NOI $14,559 @ 7.0% cap · market cap 3.65%
Theoretical Best
Office A
$403.0K
$352.6K – $470.2K (±1% cap)
NOI $28,211 @ 7.0% cap · market cap 7.07%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Parking Lot & Garage Kitchen & Bath Showroom Barber Shop Real Estate Agency (Bike/Boat/Book/etc) Store Plumbing Service Furniture & Home Goods (Bike/Boat/Book/etc) Store Home Appliance Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Well-maintained duplex on a corner lot with two 2-bedroom, 1-bath units, each with fenced yard.
Where is this duplex located?
The property is located at 5104-5108 E St Springfield, OR.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Duplex built in 1964 with two 2‑bedroom, 1‑bath units; Each unit has long‑term tenants, plus its own fully fenced yard; Corner‑lot setting with no backyard neighbors
More about this property
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