157 40TH ST

Springfield, 97478

  • 8 Bed

  • 8 Bath

  • 4704 SqFt

  • 15 DOM

  • Built: 1973

  • Status: Active

$700,000

X

157 40TH ST

Springfield 97478

$700000

  • 8 Bed

  • 8 Bath

  • 4704 SqFt

  • 15 DOM

  • Built: 1973

  • Status: Active

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Mohanraj Rajendran

Real Estate Agent

(503) 336-1515

4-Plex in Highly Desirable Thurston NeighborhoodExcellent investment opportunity in one of Springfield’s most sought-after areas. Each townhouse-style unit offers two bedrooms and one full bath upstairs, plus a convenient half bath on the main level. The floor plan features spacious living areas, washer and dryer hookups in each private garage, and large yards — a rare find for multifamily living.These properties have a strong, long-term rental history with consistent tenant demand. The exterior was recently painted, and the current owners have cared for and maintained the property for over 20 years. This is a well-preserved and stable investment in a prime location close to schools, parks, shopping, and easy freeway access. New exterior photos and interior photos of vacant unit coming soon.!!!!

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Residence Information

  • 4704

  • 8

  • 8

  • Composition

  • 4,

  • Garage,GarageDoorOpe

  • 2

  • 1973

  • No

  • VinylSiding

  • CrawlSpace

  • CrawlSpace

  • ConcretePerimeter

Features and Utilities

  • None

  • Electricity

  • Zoned

  • PublicSewer

  • Electricity

  • Electricity

Financial

  • 5709.78

  • MaintenanceGrounds

  • Cash,Conventional,FHA,VALoan

  • 11-04-2025

  • No

  • No

Comparable Information

  • 15

  • 15

  • Cash,Conventional,FHA,VALoan

  • $700,000

  • $700,000

  • Nov 18, 2025 14:26

Schools

Elementary : Riverbend N/A Ratings
Middle : Briggs N/A Ratings
High : Thurston N/A Ratings

Map

Listing courtesy of ICON Real Estate Group.

The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2019 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. Mohan Realty Group data last checked: Nov 19, 2025 01:39 | Listing last modified Nov 18, 2025 14:26. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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