394 S 37th St, Springfield, OR, 97478
About This Home
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.
Getting Around
Somewhat Walkable
Some Transit
BikeableSchools
Construction
Condition
- Property condition: Fixer
- Year built: 1946
Materials
- Foundation: Concrete Perimeter
- Roof: Composition
- Construction materials: Shake Siding
Type & Style
- Home type: SingleFamily
- Property subType: Residential,Single Family Residence
Interior
Appliances
- Appliances included: Free-Standing Range,Free-Standing Refrigerator,Washer/Dryer,Electric Water Heater
Basement
- Basement: Crawl Space
Bedroom2
- Level: Main
- Area: 90
Bedroom3
- Level: Main
- Area: 90
Bedroom4
- Level: Main
- Area: 110
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
Dining Room
- Level: Main
- Area: 110
Family Room
- Level: Main
- Area: 160
Features
- Window features: Aluminum Frames
- Flooring: Hardwood
Heating & Cooling
- Heating features: Forced Air,Wall Furnace
- Cooling features: None
Interior Area
- Total structure area: 1,426
- Total interior livable area: 1,426 sqft
Kitchen
- Level: Main
- Area: 100
Living Room
- Level: Main
- Area: 180
Master Bedroom
- Level: Main
- Area: 144
Property
Accessibility
- Accessibility features: Ground Level,One Level,Accessibility
Details
- Parcel number: 0124253
- Zoning: Res
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio
Lot
- Lot size: 5,662 sqft
- Features: Level,SqFt 5000 to 6999
Parking
- Parking features: Off Street,On 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
- Heat Wave
- Inland Flooding
- Lightning
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters in Lane County and Oregon
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,264 | $15,168 |
| Home Insurance * | $58 | $696 |
| Property Taxes | $384 | $4,608 |
| Electricity | $176 | $2,119 |
| Total | $1,882 | $22,584 |
Income You'd Need if You Spent...
Oregon FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-14 | Pending sale | $250,000 |
| 2026-07-02 | Price change | $250,000 |
| 2026-06-26 | Listed for sale | $265,000 |
| 2026-06-12 | Pending sale | $265,000 |
| 2026-06-09 | Listed for sale | $265,000 |
| 2026-05-21 | Listing removed | $265,000 |
| 2026-05-15 | Listed for sale | $265,000 |
For Sale by Agent
View on Zillow