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  • $521,000

    325 Water St, Springfield, OR 97477

    4beds
    1,896sqft
    Residential, Single Family Residence
    Built in 1950
    0.35 Acres Lot
    $521,100 Zestimate®
    $275/sqft
    $2,560 Estimated rent

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    $3,040/mo

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    $3,040/mo

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    What's special

    Welcome to this centrally-located home on a dead-end street in the heart of Springfield with ENDLESS POSSIBILITIES! This 4+ bedroom home sits on over 1/3 of an acre and includes views of the River.  With the 1,440 sq.ft shop and this site having been approved by city for an ADU and or small business, opportunities abound. The insulated finished half of the shop is 30x24 and includes a 10x12 heated office/5th bedroom and could easily be converted to separate living or ADU for added income. The 2nd half of the 24x30 shop/garage with oversized garage door could be amazing for your home business to thrive in.  These additional buildings have their own meter separate from the home. Seller has also been told by the city the property can have up to 6 units. Buyer to do their own due diligence. The large parking area boasts a 4-bay pole barn for covered RV, boat or additional vehicles. With the Willamalane Senior Center and bike paths just steps away, this could also be a prime spot for foster care or any number of creative living arrangements. Original hardwood floors grace the homes entry and bedrooms, bathrooms have been beautifully updated. Directly off of the large living/dining room is a large covered patio/entertaining area complete with outdoor fireplace. You can relax in the hot tub after a long day or spend some time gardening in the raised beds. Additional features of the home include a mini-split unit for heating and cooling, new 50 year roof & exterior paint. Sewer line from home to street replaced in 2022. Walking distance to the river, park and to bustling downtown Springfield business district. With so much to offer in a prime location for recreation and transportation and home business possibilities, let your imagination soar and schedule your private tour today.

    Zillow last checked: 8 hours ago

    Listing updated: October 23, 2025 at 12:55am

    Listed by:

    Jackie Austin 541-520-4787,

    Coldwell Banker Professional Group

    Bought with:

    Marlo Nixon, 200004180

    Valley Real Estate

    Source: RMLS (OR),MLS#: 380404965MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    Primary bedroom
    • Features: Hardwood Floors, Closet
    • Level: Main
    Bedroom 2
    • Features: Hardwood Floors, Closet
    • Level: Main
    Bedroom 3
    • Features: Hardwood Floors, Closet
    • Level: Main
    Bedroom 4
    • Features: Hardwood Floors, Closet
    • Level: Main
    Dining room
    • Level: Main
    Kitchen
    • Features: Dishwasher, Builtin Oven, Free Standing Refrigerator
    • Level: Main
    Living room
    • Features: Builtin Features, Exterior Entry, French Doors
    • Level: Main
    Heating
    • Baseboard, Mini Split
    Cooling
    • Has cooling: Yes
    Appliances
    • Included: Built In Oven, Cooktop, Dishwasher, Free-Standing Refrigerator, Electric Water Heater
    Features
    • Closet, Built-in Features
    • Flooring: Hardwood, Wall to Wall Carpet
    • Doors: French Doors
    • Basement: Crawl Space
    • Number of fireplaces: 1
    • Fireplace features: Wood Burning
    Interior area
    • Total structure area: 1,896
    • Total interior livable area: 1,896 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Driveway, RV Access/Parking, RV Boat Storage, Detached, Oversized, Garage Partially Converted to Living Space
    • Garage spaces: 3
    • Has uncovered spaces: Yes
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Covered Patio
    • Exterior features: Garden, Exterior Entry
    • Has spa: Yes
    • Spa features: Free Standing Hot Tub
    • Has view: Yes
    • View description: River, Territorial
    • Has water view: Yes
    • Water view: River
    Lot
    • Size: 0.35 Acres
    • Features: Level, SqFt 15000 to 19999
    Details
    • Additional structures: GuestQuarters, RVParking, RVBoatStorage
    • Parcel number: 0311231

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Residential, Single Family Residence
    Materials
    • Lap Siding
    • Foundation: Concrete Perimeter, Slab
    • Roof: Composition
    Condition
    • Resale
    • New construction: No
    • Year built: 1950

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Springfield

    Other

    Other facts
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Road surface type: Paved
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $521,100
    2% more+$10,422
    With Zillow Showcase(estimated)$531,522