About 993 N Cloverleaf Loop
Turnkey investment opportunity in a prime Springfield location! Ideally situated within walking distance of Gateway Mall with quick and convenient access to I-5, this fully occupied duplex offers strong rental performance and an attractive 6.16% cap rate. Each spacious unit features 2 bedrooms, 1.5 bathrooms, and approximately 986 square feet of comfortable living space. Both units include an attached one-car garage, plus long driveways providing ample additional off-street parking. Each side also enjoys its own private fenced backyard, with additional land extending beyond the fenced areas. With a strong occupancy history, solid market rents, and tenants responsible for all utilities, this property is positioned as a low-maintenance addition to an investment portfolio. The functional layouts, individual garages, private outdoor spaces, and convenient location help support long-term tenant appeal and rental demand. Excellent proximity to shopping, dining, services, and major transportation routes makes this an attractive rental location in the Eugene-Springfield market. Property is fully occupied. Please do not disturb tenants. Contact your agent for additional information, rental details, and showing instructions.
Features of 993 N Cloverleaf Loop
| MLS® # | 350046692 |
|---|---|
| Price | $475,000 |
| Bathrooms | 0.00 |
| Acres | 0.17 |
| Year Built | 1977 |
| Type | Multi Family |
| Status | Active |
Community Information
| Address | 993 N Cloverleaf Loop |
|---|---|
| Area | 232 - Lane Co: Hayden Bridge |
| City | Springfield |
| County | Lane |
| State | OR |
| Zip Code | 97477 |
Amenities
| Parking Spaces | 4 |
|---|---|
| Parking | Driveway, Garage |
| # of Garages | 2 |
| View | City, Seasonal |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Zoned |
|---|---|
| Cooling | Window Unit(s) |
| Fireplace | No |
| # of Stories | 2 |
| Basement | Crawl Space |
Exterior
| Exterior | Wood Siding |
|---|---|
| Lot Description | Level |
| Roof | Composition |
| Foundation | Concrete Perimeter |
School Information
| Elementary | Guy Lee |
|---|---|
| Middle | Hamlin |
| High | Springfield |
Additional Information
| Date Listed | September 10th, 2026 |
|---|---|
| Days on Market | 13 |
| Zoning | MD |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Coldwell Banker Professional |
|---|