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Fully Rented Duplex Near Freeway
For Sale
$439,000
Pending

722 Oakdale Ave, Springfield, OR 97477

Two occupied units sit near shopping, dining, schools, parks, and I5 freeway access.

Property SizeContact for details
Days on Market90

Property Features for 722 Oakdale Ave

General Information

Standard status Pending
Property subtype Multi-Family
Occupancy 100%

Additional Details

Highway Access Yes
Multifamily Units 2

Building Details

Year Built 1980
Buildings 1
Tenancy Multi
Listing Agency: United Real Estate Properties
Listed By: Darren McGillvrey simon@urepro.com
Source: Livingoregoncoast
Added: Jun 5 Changed: Sep 2 Last Checked: Sep 1 at 7:46PM

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 United Real Estate Properties

Investment Insights

Based on property information with market context.

This duplex at 722 Oakdale Ave includes two occupied units and was built in 1980. Both residences are currently rented, providing an existing tenant arrangement for the next owner.

The property is positioned near shopping, restaurants, schools, parks, and the I5 freeway, with everyday conveniences located nearby. Its two-unit configuration also supports flexible ownership options, including continued rental operation or owner occupancy of one unit while leasing the other.

Key Highlights

  • Both duplex units are occupied by established tenants
  • Built in 1980
  • Near shopping, restaurants, schools, and parks

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Daycare Center Spa & Massage Center HVAC Service (Bike/Boat/Book/etc) Store

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

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

847
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
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Frequently Asked Questions

What type of property is this?
Duplex - Two occupied units sit near shopping, dining, schools, parks, and I5 freeway access.
Where is this duplex located?
The property is located at 722 Oakdale Ave Springfield, OR.
What is the asking price?
The asking price for this property is $439,000.
What are key features of this property?
This property features: Both duplex units are occupied by established tenants; Built in 1980; Near shopping, restaurants, schools, and parks
More about this property
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