Great investment opportunity with strong income potential! The front portion of the home is currently tenant-occupied and 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.
Active
Price cut: $15K (7/2)
$250,000
394 S 37th St, Springfield, OR 97478
4beds
1,426sqft
Residential, Single Family Residence
Built in 1946
5,662 Square Feet Lot
$248,200 Zestimate®
$175/sqft
$-- HOA
What's special
Separate private entrance
- 61 days |
- 1,492 |
- 44 |
Zillow last checked:
Listing updated:
Listed by:
Larry Alberts 541-349-2640,
Keller Williams Realty Eugene and Springfield
Source: RMLS (OR),MLS#: 373664206
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
Rooms
- Room types: Family Room, Bedroom 4, 2nd Kitchen, Bedroom 2, Bedroom 3, Dining Room, Kitchen, Living Room, Primary Bedroom
Primary bedroom
- Level: Main
- Area: 144
- Dimensions: 12 x 12
Bedroom 2
- Level: Main
- Area: 90
- Dimensions: 10 x 9
Bedroom 3
- Level: Main
- Area: 90
- Dimensions: 10 x 9
Bedroom 4
- Level: Main
- Area: 110
- Dimensions: 10 x 11
Dining room
- Level: Main
- Area: 110
- Dimensions: 11 x 10
Family room
- Level: Main
- Area: 160
- Dimensions: 16 x 10
Kitchen
- Level: Main
- Area: 100
- Width: 10
Living room
- Level: Main
- Area: 180
- Dimensions: 15 x 12
Heating
- Forced Air, Wall Furnace
Cooling
- None
Appliances
- Included: Free-Standing Range, Free-Standing Refrigerator, Washer/Dryer, Electric Water Heater
Features
- Flooring: Hardwood
- Windows: Aluminum Frames
- Basement: Crawl Space
Interior area
- Total structure area: 1,426
- Total interior livable area: 1,426 sqft
Property
Parking
- Parking features: Off Street, On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Ground Level, One Level, Accessibility
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio
Lot
- Size: 5,662 Square Feet
- Features: Level, SqFt 5000 to 6999
Details
- Additional structures: SeparateLivingQuartersApartmentAuxLivingUnit
- Parcel number: 0124253
- Zoning: Res
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Residential, Single Family Residence
Materials
- Shake Siding
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Fixer
- New construction: No
- Year built: 1946
Utilities & green energy
- Gas: Gas
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Springfield
Financial & listing details
- Price per square foot: $175/sqft
- Tax assessed value: $296,794
- Annual tax amount: $2,657
- Date on market: 5/12/2026
- Listing terms: Cash,Conventional
- Road surface type: Paved
Estimated market value
$248,200
$236,000 - $261,000
$2,370/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/2/2026 | Price change | $250,000-5.7%$175/sqft |
Source:  RMLS (OR) #373664206 Report a problem | ||
| 6/26/2026 | Listed for sale | $265,000$186/sqft |
Source: RMLS (OR) #373664206 Report a problem | ||
| 6/12/2026 | Pending sale | $265,000$186/sqft |
Source: RMLS (OR) #373664206 Report a problem | ||
| 6/9/2026 | Listed for sale | $265,000$186/sqft |
Source: RMLS (OR) #373664206 Report a problem | ||
| 5/21/2026 | Listing removed | $265,000$186/sqft |
Source: RMLS (OR) #373664206 Report a problem | ||
| 5/15/2026 | Listed for sale | $265,000$186/sqft |
Source: RMLS (OR) #373664206 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,658 +1.6% | $144,927 +3% |
| 2024 | $2,615 +4.4% | $140,706 +3% |
| 2023 | $2,503 +3.4% | $136,608 +3% |
| 2022 | $2,422 +1.8% | $132,630 +3% |
| 2021 | $2,378 +3% | $128,767 +3% |
| 2020 | $2,309 +3.1% | $125,017 +3% |
| 2019 | $2,239 +6.1% | $121,376 +3% |
| 2018 | $2,111 | $117,841 +3% |
| 2017 | $2,111 +4% | $114,409 +3% |
| 2016 | $2,030 +2.1% | $111,077 +3% |
| 2015 | $1,987 +2.9% | $107,842 +3% |
| 2014 | $1,930 +9.4% | $104,701 +4.6% |
| 2013 | $1,765 +7.4% | $100,110 +1.6% |
| 2012 | $1,643 | $98,490 -3.1% |
| 2011 | -- | $101,651 +3% |
| 2010 | -- | $98,690 +3% |
| 2009 | -- | $95,816 +3% |
| 2008 | -- | $93,025 +3% |
| 2007 | -- | $90,316 +3% |
| 2006 | -- | $87,685 +3% |
| 2005 | -- | $85,131 +3% |
| 2004 | -- | $82,651 +3% |
| 2003 | -- | $80,244 +3% |
| 2002 | -- | $77,907 +3% |
| 2001 | -- | $75,638 +3% |
| 2000 | -- | $73,435 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 97478
Nearby schools
GreatSchools rating
- 8/10Douglas Gardens Elementary SchoolGrades: K-5Distance: 0.5 mi
- 6/10Agnes Stewart Middle SchoolGrades: 6-8Distance: 0.5 mi
- 4/10Springfield High SchoolGrades: 9-12Distance: 2.2 mi
Schools provided by the listing agent
- Elementary: Douglas Gardens
- Middle: Agnes Stewart
- High: Springfield
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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- Oregon
- Lane County
- Springfield
- 97478
- 394 S 37th St
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