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Two-Unit Duplex with Garages
For Sale
$475,000

993 N CLOVERLEAF LOOP, Springfield, OR 97477

Fully occupied duplex with private fenced yards, separate garages, and additional off-street parking.

Property SizeContact for details
Days on Market9

Property Features for 993 N CLOVERLEAF LOOP

General Information

Standard status Active
Property subtype MULTI_FAMILY
Occupancy 100%

Units

Unit Mix 2 x 2BR/1.5BA
Multifamily Units 2

Additional Details

Cap Rate 6.16%
Highway Access Yes

Taxes and HOA fees

Annual Taxes $3,784

Amenities

private fenced backyard

Building Details

Year Built 1977
Buildings 1
Abandoned No
Listing Agency: Coldwell Banker Professional
Listed By: Tim Kaelin
Source: Worthlandrealestate
Added: Sep 10 Changed: Sep 14 Last Checked: Sep 17 at 1:15AM

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 Coldwell Banker Professional

Investment Insights

Based on property information with market context.

Built in 1977, this duplex contains two residential units, each offering 2 bedrooms, 1.5 bathrooms, and approximately 986 square feet. Both units include an attached one-car garage, long driveways for additional off-street parking, and a private fenced backyard. Additional land extends beyond the fenced yard areas.

The property is fully occupied and positioned within walking distance of Gateway Mall, with access to I-5 and nearby shopping, dining, and services. Tenants are responsible for all utilities. The property reports a 6.16% cap rate and is located in Springfield, Oregon, within the Eugene-Springfield market.

Key Highlights

  • Two‑unit duplex with 2 bedrooms and 1.5 bathrooms per unit
  • Approximately 986 square feet per unit
  • Attached one‑car garage for each unit

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm HVAC Service Daycare Center Barber Shop Real Estate Agency Garden Center

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
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

667
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Fully occupied duplex with private fenced yards, separate garages, and additional off-street parking.
Where is this duplex located?
The property is located at 993 N CLOVERLEAF LOOP Springfield, OR.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Two‑unit duplex with 2 bedrooms and 1.5 bathrooms per unit; Approximately 986 square feet per unit; Attached one‑car garage for each unit
More about this property
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