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425 S 3RD ST Springfield, OR $ 375,000
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425 S 3RD ST
$ 375,000
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425 S 3RD ST

Springfield, OR, 97477
$ 375,000
Bedrooms5 Baths2.0 Sq 2,803

Monthly Estimate*

$ 2,309

425 S 3RD ST, Springfield, OR 97477 - Image 1
425 S 3RD ST, Springfield, OR 97477 - Image 2
425 S 3RD ST, Springfield, OR 97477 - Image 3
425 S 3RD ST, Springfield, OR 97477 - Image 4
425 S 3RD ST, Springfield, OR 97477 - Image 5
425 S 3RD ST, Springfield, OR 97477 - Image 6
425 S 3RD ST, Springfield, OR 97477 - Image 7
425 S 3RD ST, Springfield, OR 97477 - Image 8

Multi-Family Home for sale in Springfield, OR

for $375,000 with 5 bedrooms and 2 full baths. This 2,803 square foot home was built in 1942 on a lot size of 0.18.

Two Detached Homes on One Lot — Vacant Unit Ready for Move-InRare opportunity in a convenient Springfield location: two detached homes on one lot with a combined total of just over 2,800 sq. ft. The property includes a 3-bedroom main home plus a separate 2-bedroom residence, offering flexibility for multi-generational living or an owner-occupy/income strategy.Both homes need substantial work and are best suited for buyers looking for a true fixer with upside. One home has vinyl siding updates, but overall condition will require a comprehensive rehab.Close to schools, shopping, and everyday amenities with easy access to commuter routes.Please note: One unit is vacant and easy to show. The second unit is tenant-occupied—please do not disturb the tenants.

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Multi-Family Active

Price

$ 375,000

Bedrooms

5

Full Bath

2

Property Type

Multi-Family

Taxes

$ 3,300

Style

Lot Size

0.18

Year Built

1942

Town/City

Springfield

County/Region

Lane

MLS | Web ID

588015404
Features
General
Sewer PublicSewer
Heating Baseboard ForcedAir
Zoning LD
Garage Spaces 2.0
Year Built 1942
Parcel Number 0315612
Gross Income 0
County Lane
Net Operating Income 0
Operating Expense 0
Property Type MultiFamily
HOA N
Rent Includes None
Status Active
Directions S on 2nd L on S. C st R on S 3rd
High School Springfield
City Springfield
Disclosures Disclosure
Number Of Units Total 2
MLS Area _249
Lot Size Square Feet 7840.0
Listing Terms Cash Conventional
Elementary School Other
Tax Annual Amount 3300.33
Middle/Junior High School Springfield
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description to be provided at escrow
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Exterior
Lot Features GentleSloping
Water Source PublicWater
Total Parking 4.0
Exterior Description LapSiding VinylSiding WoodSiding
Building Area Total 2803.0
Lot Size Acres 0.18
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Interior
Unit 1 Baths Total 1
Unit 1 Beds Total 3
Unit 2 Baths Total 1
Unit 2 Beds Total 2
Unit Type UnitTypeType1 UnitTypeType2
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Internal Only
Street Number 1 425
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* Excluded Features
List By
Kelly Right Real Estate Of Portland, Llc

Broker

Mack@SpearRealEstate.homes

Email

Affordability Calculator

$2,584
Per Month
89%
11%
0%
Monthly Principal & Interest
$2,309
Monthly Property Taxes
$275
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
5385328 Elementary School
5360122 Middle School
Springfield High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
1/22/2026$375,000 Listed Price

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425 S 3RD ST, Springfield, OR, 97477 is a Multi-Family Home for sale at $375,000 with 2,803 sqft and a lot size of 0.18. 425 S 3RD ST has 5 bedrooms, 2.0 baths, and was built in 1942. The property's zip code is 97477 which is in Springfield, OR

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