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1666 Main St, Springfield, OR, 97477

1beds
1baths
486sqft
$375,000
$772price/sqft
$2,397/moest. monthly cost
$95,880/yrincome needed

About This Home

Owner Carry Available | $75,000 Down | Retail + Apartment Opportunity. Priced to sell and sold AS-IS. Prime owner-user or investment opportunity in the heart of Springfield! This highly visible Main Street property offers a unique combination of commercial space and a separate one-bedroom apartment, creating flexibility for business owners, investors, or those seeking a live-work setup. The 486 sq. ft. attached residential unit at 1666A provides additional income potential or on-site living accommodations. The commercial building features approximately 1,050 square feet of space with recent improvements including a newer roof and updated electrical service. Situated on a generous lot with excellent street exposure, the property benefits from strong visibility and easy access to downtown Springfield, Eugene, and major transportation routes. The building is being offered vacant, allowing the next owner to customize the space to fit their vision. Seller financing is available with favorable terms, making this an attractive option for entrepreneurs, owner-users, and investors seeking alternatives to conventional financing. Whether you're looking to establish a retail storefront, office, studio, service business, or add a mixed-use property to your portfolio, this versatile Main Street property offers exceptional potential in a growing market. Buyer to do all due diligence with the city of Springfield.

Getting Around

74
WalkingVery Walkable
36
TransitSome Transit
87
BikeVery Bikeable

Schools

2/10
Maple Elementary SchoolGrades K-50.7 mi
3/10
Hamlin Middle SchoolGrades 6-81.3 mi
4/10
Springfield High SchoolGrades 9-120.9 mi

Construction

Condition

  • Property condition: Approximately
  • Year built: 1930

Materials

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Construction materials: T111 Siding

Type & Style

  • Home type: SingleFamily
  • Property subType: Residential

Interior

Appliances

  • Appliances included: Free-Standing Range,Free-Standing Refrigerator,Electric Water Heater

Basement

  • Basement: Crawl Space

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 1

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 486
  • Total interior livable area: 486 sqft

Master Bedroom

  • Level: Main

Property

Accessibility

  • Accessibility features: Accessible Entrance,Ground Level,Main Floor Bedroom Bath,One Level,Parking,Accessibility

Details

  • Parcel number: 0331080
  • Attached to another structure: Yes
  • Zoning: CC

Features

  • Levels: One
  • Stories: 1
  • Exterior features: Gas Hookup,Yard
  • Has view: Yes
  • View description: City

Lot

  • Lot size: 7,840 sqft
  • Features: Level,SqFt 7000 to 9999

Parking

  • Parking features: Driveway,Off Street
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Earthquake
Inland Flooding
Heat Wave
Lightning
Winter Weather

FEMA Declared Disasters in Lane County and Oregon

Fire
Flood
Mud Landslide
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,896$22,752
Home Insurance *$82$984
Property Taxes $243$2,916
Electricity $176$2,119
Total$2,397$28,764
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$82,182/yr
40% on housing$71,910/yr
45% on housing$63,920/yr

Oregon FAIR Plan Programs

Oregon FAIR Plan Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 2,377Commercial: 170
Total Premiums$3.07M
Total Exposure$840.98M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.5%
8.5%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: 0.4%
0.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$772This listing

vs Other Active Listings

Avg $/sqft

ZIP 97477$208
Lane County$242

vs Homes Sold Last Month

Median $/sqft

ZIP 97477$276
Lane County$294

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-19Listed for sale$375,000

For Sale by Agent

AgentMaria Lomelli
BrokerageInEugene Real Estate, LLC

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