325 WATER ST, Springfield, OR 97477

$521,000
4
BD
2
BA
1,896
SqFt

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Sold Price
$521,000
List Price
$521,000
Closing Date
Oct 22, 2025
Days on Market
68
Status
SOLD
MLS#
380404965
Bedrooms
4
Bathrooms
2
Living Area
1,896
Lot Size
15, 000 to 19, 999 SqFt
Region
Lane Co: Springfield

Property Description

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.

Additional Information

Tax Amount
$4,096
Year Built
1950
High School
Springfield
Elementary School
Centennial
Middle School
Hamlin
Fireplaces Total
1
Garage Spaces
3
Garage Type
Detached, Oversized, Partially Converted to Living Space
Acres
0.35
Living Area
1,896
Stories
1
Property Type
Single Family Residence
Terms
Cash, Conventional, FHA, VA Loan
Master Bedroom Level
Main
Cooling Description
Mini Split
Fireplace Description
Wood Burning
Fuel Description
Electricity
Heating Description
Baseboard, Mini Split
Hot Water Description
Electricity
Exterior Description
Lap Siding
Roof Type
Composition
Sewer Description
Public Sewer
Style
1 Story
View
River, Territorial
Parking
Driveway, RV Access/Parking
Parking Description
Driveway, RV Access/Parking
Road Surface
Paved
Exterior Features
Covered Patio, Free-Standing Hot Tub, Garden, Guest Quarters, Outbuilding, RV Parking, RV/Boat Storage, Workshop
Interior Features
Hardwood Floors, Wall to Wall Carpet
Kitchen Appliances
Built-in Oven, Cooktop, Dishwasher, Free-Standing Refrigerator

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Coldwell Banker Professional Group. Selling Office: Valley Real Estate.

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