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Fourplex with Alley Access
For Sale
$699,000

608 4TH St, Springfield, OR 97477

MULTI_FAMILY - Springfield, OR

Property Size1,792 SF
Lot Size0.24 Acres
Price / SF$390.07
Days on Market44

Property Features for 608 4TH St

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Muli
Bedrooms 4
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 3, Bedroom 3, Bathroom 2, Bedroom 2, Bedroom 1, Bathroom 4, Bathroom 1, Bedroom 4
Subdivision WASHBURNE HISTORIC DISTRICT
View City
Elementary school Two Rivers
Middle school Hamlin
High school Springfield
Directions Corner of 4th & E street
Standard status Active
APN 0311645
Size 1,792 SF
Lot size 0.24 Acres

Taxes and HOA fees

Tax Description TL 02800
Tax Annual Amount 2855
Legal Description TL 02800

Utilities

Heating system Baseboard

Amenities

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

Building Details

Year built 1910
Floors in Building 2
Number of units 4
Roof type Composition
Listing Agency: RE/MAX Integrity · RE/MAX International
Listed By: Renee Swartz · License #960400135
Added: Jul 8 Changed: Aug 17 Last Checked: Aug 20 at 2:06AM
MLS# 479826573

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.

This fourplex on a corner lot offers alley access and consists of four one-bedroom, one-bath units. Each unit includes a living room and kitchen. One unit has been substantially updated with red oak hardwood floors, granite countertops, all-new appliances, new electrical, and new sink and toilet. The remaining units include updates such as new flooring, appliances, windows, base cabinets, and countertops, along with red oak hardwood floors, vinyl windows, and a mix of laminate flooring and carpet.

Additional improvements include a new roof installed in 2023, vinyl windows, and a new water heater. A shared laundry room features a new coin-operated washer and dryer. Tenants also have access to abundant off-street concrete parking and a Level 2 electric vehicle charger.

The property is zoned Medium Density Residential. Built in 1910, the building is heated with baseboard heat and has a composition roof. Shown by accepted offer only.

Key Highlights

  • Four one‑bedroom, one‑bath units with living room and kitchen
  • Corner lot with alley access and off‑street concrete parking
  • New roof installed in 2023 plus vinyl windows and new water heater

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

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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Well-maintained fourplex on a corner lot with alley access, offering four one-bedroom units and shared laundry.
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 with living room and kitchen; Corner lot with alley access and off‑street concrete parking; New roof installed in 2023 plus vinyl windows and new water heater
More about this property
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