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Updated Four-Unit Quadplex
For Sale
$699,000

608 4th St, Springfield, OR 97477

Corner-lot multifamily property with alley access, off-street parking, shared laundry, and varied unit improvements.

Property Size1,792 SF
Price / SF$390.07
Days on Market42

Property Features for 608 4th St

General Information

Standard status Active
Size 1,792 SF
Property subtype Multi-Family
Zoning Medium Density Residential

Site & Location

Road Access Yes
Utilities to Site Yes

Units

Unit Mix 4 x 1BR/1BA
Multifamily Units 4

Amenities

shared laundry room
off-street concrete parking
Level 2 electric vehicle charger

Building Details

Year Built 1910
Buildings 1
Listing Agency: RE/MAX Integrity
Listed By: Renee Swartz · License #960400135
Source: Rosecityrealtygroup
Added: Jul 20 Changed: Aug 29 Last Checked: Aug 25 at 5:23AM

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 RE/MAX Integrity

Investment Insights

Based on property information with market context.

Located at 608 4th St in Springfield, OR, this fourplex contains four one-bedroom, one-bath residences, each with a living room and kitchen. The 1910 property includes a shared laundry room, concrete off-street parking, alley access, and a Level 2 electric vehicle charger. A new roof was installed in 2023, and the building also has vinyl windows and a new water heater.

Unit 1 received a complete remodel with red oak hardwood floors, granite countertops, new appliances, electrical work, and a new sink and toilet. Unit 2 has updated flooring, appliances, windows, base cabinets, and countertops. Unit 3 includes new laminate flooring and carpet, while Unit 4 features red oak hardwood floors and vinyl windows.

The property is zoned Medium Density Residential and occupies a corner lot in Springfield’s Washburne District. The City has indicated that a duplex may be possible on the west side of the property, subject to buyer due diligence. The property is shown by accepted offer only.

Key Highlights

  • Four one‑bedroom, one‑bath units in a single 1,792 SF building
  • New roof installed in 2023, plus vinyl windows and a new water heater
  • Unit 1 complete remodel with red oak floors, granite counters, new appliances, and new electrical

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Computer & Electronic Repair Kitchen & Bath Showroom Barber Shop Travel Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

861
Businesses Nearby

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

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Corner-lot multifamily property with alley access, off-street parking, shared laundry, and varied unit improvements.
Where is this quadplex located?
The property is located at 608 4th St Springfield, OR.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Four one‑bedroom, one‑bath units in a single 1,792 SF building; New roof installed in 2023, plus vinyl windows and a new water heater; Unit 1 complete remodel with red oak floors, granite counters, new appliances, and new electrical
More about this property
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