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$475,000
Listing Price3beds
2baths
1,733sqft
5,340sqft lot
381 9th St, Springfield, OR 97477
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Full foreclosure details
Home value, equity and ownership info
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Get full access with a FREE Account
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For Sale
Off Market
Home type
Price / sqft
Year built
Home Details
Turnkey investment opportunity in Springfields Historic Washburn District! This 1900 Victorian is currently operating as a successful short-term rental with a strong rental history and is generating approximately $45,000$60,000 in annual gross rental income. The home offers two separate living spaces with private entrances, creating excellent flexibility for investors or owner-occupants. The front unit features 2 bedrooms, 1 bathroom, high ceilings, a gas fireplace, covered front porch, fenced yard, and charming period character. The upstairs unit offers 1 bedroom, 1 bathroom, an updated bathroom and kitchenette, making it ideal for guests or extended stays. Laundry and the attached garage are currently utilized for short-term rental operations and owner supplies. Conveniently located near restaurants, shopping, coffee shops, public transportation, and with easy access to area freeways. Buyer to perform their own due diligence regarding the continued use of the property as a short-term rental/Airbnb and any applicable city, county, or state regulations. Seller is completing a 1031 exchange. Please do not disturb tenants.!
Interior Details
1733
3
2
Has Heating:
Yes
Heating Type:
Forced Air With Air Conditioning
Has Cooling:
Yes
Cooling Type:
Central
Has Fuel:
No
Fuel Type:
N/A
Has Basement:
No
Basement Type:
Finished
Has Flooring:
No
Flooring Type:
N/A
Has Fireplace:
Yes
Fireplace Type:
N/A
Property Details
5340
No
No
Type:
Garage, Attached
Location:
N/A
Status:
N/A
Number of Spaces:
1
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Construction Details
Duplex Single
Wood Siding
N/A
Gable
Composition Shingle
Tax History
Year
Amount
Land
Improvement
Percent Change
Assessment
2020
$2,290
$0
$0
--%
$124,052
2019
$2,221
$0
$0
--%
$120,439
2018
$2,094
$0
$0
--%
$116,932
2017
$2,014
$0
$0
--%
$113,526
2016
$1,971
$0
$0
--%
$110,219
2014
$1,886
$0
$0
--%
$103,892
2013
$1,849
$0
$0
--%
$100,866
2012
$1,678
$0
$0
--%
$97,928
Average Home Price in 97477
Nearby Properties
Zip Code
Price
Bed
Bath
Sqft
Lot
Sold Date
$475,000
$475,000
3 Beds
2 Baths
1,733 Sqft
5,340 Lot (sqft)
Sold 10/05/2026
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Details for 381 9TH ST
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Guides for 9 Th St

Springfield, IL’s real estate saw a peak value of $163K in Sep 2023 & a fall to $150K in Jan 2024. In Jun 2024, value was $145K. Neighboring cities show variable property values, with Sherman, IL at high end ($437K) and Dawson, IL at the lower end ($184K).




