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325 Water St, 
Springfield, OR 97477

$535,000


4

Beds


2

Baths


1,896

Sq Ft


Single Family


Virtual Tour

Active

Listed by

Jackie Austin

541-868-8444

Last updated:

August 15, 2025, 02:33 PM

MLS#

380404965

Source:

PORTLAND

Company Logo

About This Home

325 Water St

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.

Home Facts

Single Family

2 Baths

4 Bedrooms

Built in 1950

Price Summary

535,000

$282 per Sq. Ft.

MLS #:

380404965

Last Updated:

August 15, 2025, 02:33 PM

Added:

2 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

4

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Interior

Living Area:

1,896 Sq. Ft.


Structure

Structure

Architectural Style:

1 Story

Building Area:

1,896 Sq. Ft.

Year Built:

1950


Lot

Lot Size (Sq. Ft):

15,246


Finances & Disclosures

Finances

Price:

$535,000

Price per Sq. Ft:

$282 per Sq. Ft.

325 Water St
MLS Logo
All information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than Coldwell Banker Professional Group are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright 2025 RMLS, Portland, Oregon. Last updated: August 15, 2025

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By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.