Great investment opportunity with strong income potential! The front portion of the home features 3 bedrooms and 1 bathroom. A separate private entrance leads to the rear 1-bedroom, 1-bath apartment, offering excellent flexibility for rental income, multigenerational living, or dual living arrangements. Property does need some cleanup and remodeling, giving buyers the chance to add value and make it their own. Sold “as-is.” A fantastic opportunity for investors or owner-occupants alike.
Single-familyProperty Type
1946Year Built
5,662 sq ftLot Size
$175Price/Sq.Ft.
Listed by Larry Alberts• Keller Williams Realty Eugene and Springfield
Mid-Springfield, located between Downtown Springfield and Thurston, is a residential and commercial Springfield neighborhood with tree-lined blocks and a steady stream of local storefronts. The neighborhood’s character concentrates around Main Street near 5th Street, where murals, casual eateries, and small-service shops keep the sidewalks active. Architectural cues lean toward mid-century ranch homes and compact postwar cottages, with pockets of newer infill along busier corridors. The Willamette River and nearby parks shape daily routines with paths and open lawns. Community pillars include PublicHouse, the Wildish Theater, and the Springfield History Museum. A mix of civic buildings and corner markets gives the area a practical, lived-in rhythm.
Provided by Walk Score and Local Logic
Market insights
394 S 37th St · $250,000
DAYS ON MARKET
59 days
The average home goes pending in 18 days.
SALE-TO-LIST
99.6%
Most homes are selling 0% below list price.
LIST PRICE
$250,000
Median sale price in this area is $478,677. (91% higher than this home)
PRICE DROP
1 price drop
30% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Living
Interior features
Hardwood floors
Separate living quarters / apartment / auxiliary living unit
Washer and dryer included
Aluminum frame windows
Crawl space basement
Accessibility features: ground level, one level
Bedrooms
Primary bedroom on main level (12 x 12)
Second bedroom on main level (10 x 9)
Third bedroom on main level (10 x 9)
Fourth bedroom on main level (10 x 11)
Bathrooms
Two full bathrooms (both on main level)
Kitchen
Free-standing range
Free-standing refrigerator
Second kitchen present
Laundry & utility
Washer and dryer (included)
Electric hot water
Flooring
Hardwood floors
Heating & cooling
Forced air heating
Wall furnace
No central cooling
Exterior features
Patio
Public road frontage
Level lot
Paved road access
Shake siding
Home design
Single-family residence (detached)
Main living all on one level
Property condition: fixer
No view reported
Parking
Off-street parking
On-street parking
Construction
Built in 1946
Composition roof
Concrete perimeter foundation
Unreinforced masonry: no
Utilities
Public water
Public sewer
Electric and gas service
HOA & community
No land lease
Other
Lot roughly 5,000–6,999 sq ft
Main level area reported as 1,426 (county records)
Zoned residential
Electricity and solar
View estimated energy costs and solar savings for this home
Minimal risk of a flood reaching the building in the next 30 years
2/10 Fire Factor
0.00% chance of being in a wildfire in next 30 years
4/10 Heat Factor
7 days above 91° expected this year, 16 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
10/10 Air Factor
16 unhealthy days expected this year, 19 days in 30 years
Provided by First Street
Historical weather
Springfield, OR • 97478
Average low and high temperatures (°F)
48
33
51
37
58
41
64
42
69
47
77
51
85
56
86
57
77
52
64
44
53
41
50
40
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
92/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 25% for direct sun exposure in Springfield. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.6 hrs
5.5 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 394 S 37th St
$232,835
$17K under list price of $250K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $210K to $415K.