63rd Street Fourplex | $770,000
4 Units | 168 S. 63rd Street, Springfield, Oregon
Value-add potential by increasing rents to market
Strong unit mix of two and three bedroom units
Garage parking and fenced yard for every unit
Low vacancy with long term tenants
Property Highlights
The 63rd Street Fourplex is a two-story multifamily property located at 168 S. 63rd Street in Springfield, Oregon. Built in 1979, the property sits on approximately 0.24 acres and consists of four residential units totaling approximately 4,940 square feet of living space. The unit mix includes two two-bedroom/one-and-one-half-bathroom units and two three-bedroom/one-and-one-half-bathroom units, offering spacious layouts that appeal to a wide range of tenants seeking larger floor plans in the Springfield rental market.
Each unit features desirable amenities including private garages and fenced yards, providing tenants with additional privacy and storage while creating a more single-family style living environment. The property is individually metered for electricity and water, helping to keep operating expenses low for ownership.