$2,100,000
- 1 Bed
- 26 Baths
- 5,300 sqft (on 0.58 acres)
1152 Main St, Springfield, OR 97477
Est. Mortgage $12,635/mo*
Get Pre-QualifiedHome Highlights
Multi-Family
Built in 1941
0.58 acre lot
$396/sqft
Open Parking
Local Information
-- mins to
About this House
Unlock the potential of this exceptional redevelopment opportunity w/ a property ideally suited for conversion into much-needed apartments. Located in a highly desirable area w/ convenient access to downtown Springfield, the University of Oregon, major employers, shopping, dining, public transportation & everyday amenities, this property offers an outstanding foundation for investors seeking to capitalize on the growing demand for rental housing. Listed at under $100k per door this amazing opportunity will not last long! The existing hotel layout provides an ideal framework for apartment conversion w/ many units already having kitchenette plumbing in the walls, all furniture included, units each feature private bathrooms, spacious floor plans, mini refrigerators, on site laundry & storage. These features can streamline the transition into comfortable studio or one-bedroom apartments. The property has been extensively maintained & updated, offering peace of mind for future ownership. Recent improvements include a newly paved parking lot completed in 2024, a membrane roof replaced in 2020, a new shingle roof installed in 2022, fresh exterior paint, seven on-site storage units, ample parking including covered spaces & lots of parking. An additional highlight is the spacious owner's residence, which could be repurposed as a larger rental unit, leasing office or community amenity space. The residence features a private entrance, updated kitchen w/ granite countertops, luxury vinyl plank flooring, dining area, generous living room, fenced yard, ductless heating and cooling, remodeled bathroom, oversized bedroom with dual closets, private laundry, and direct access to the office. With strong fundamentals, significant infrastructure updates already completed & flexible redevelopment possibilities, this property presents an exceptional opportunity to create a high demand apartment community with outstanding upside potential!
Last check for updates: about 12 hours ago
Listing courtesy of Heather Tipler, (541) 844-8425
Hybrid Real Estate
Source: RMLS (OR), MLS#477023850

Home Details for 1152 Main St
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MLS Status: Active |
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Beds & Baths Number of Bedrooms: 1Number of Bathrooms: 26Number of Bathrooms (full): 26 |
Dimensions and Layout Living Area: 5300 Square Feet |
Appliances & Utilities Appliances: Microwave, Refrigerator, Range, Electric Water HeaterLaundry: Common AreaMicrowaveRefrigerator |
Heating & Cooling Heating: Ductless,OtherHas CoolingAir Conditioning: Wall Unit(s),Air ConditioningHas HeatingHeating Fuel: Ductless |
Levels, Entrance, & Accessibility Stories: 2 |
View No View |
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Exterior Home Features Roof: Composition MembraneFoundation: Slab |
Parking & Garage No CarportNo GarageNo Attached GarageHas Open ParkingParking: Covered,Open |
Frontage Road Surface Type: Paved |
Water & Sewer Sewer: Public Sewer |
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Days on Market: 2 |
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Year Built Year Built: 1941 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Building Construction Materials: Block, Stucco, Wood SidingNot Attached Property |
Property Information Condition: ExistingParcel Number: 0316792 |
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Price List Price: $2,100,000Price Per Sqft: $396 |
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Direction & Address City: Springfield |
School Information Elementary School: Two RiversJr High / Middle School: HamlinHigh School: Springfield |
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Listing Agent Listing ID: 477023850 |
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Building Area Building Area: 5300 Square Feet |
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Community Features: Laundry |
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Lot Area: 0.58 acres |
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Listing Terms: Cash, Conventional, Owner Will Carry |
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Rent Includes: Sewer, Water |
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Mls Number: 477023850 |
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Laundry |
Around this home
What Locals Say about Springfield
At least 438 Trulia users voted on each feature.
88 % Say it's dog friendly
83 % Say there are sidewalks
81 % Say parking is easy
77 % Say car is needed
77 % Say there's holiday spirit
75 % Say yards are well-kept
72 % Say kids play outside
59 % Say it's walkable to grocery stores
57 % Say it's walkable to restaurants
57 % Say people would walk alone at night
55 % Say streets are well-lit
52 % Say it's quiet
51 % Say neighbors are friendly
46 % Say they plan to stay for at least 5 years
38 % Say there's wildlife
20 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
Market trends in Springfield
Last updated August 2026
Avg. sale price
$438K
$667MoM
Sale-to-List Price
100.0%
Price per sq ft
$307
$0MoM
Available listings
227
29MoM
Home Value
Trulia Estimate
$1.97MSince last month
Increased$1K (+0.1%)Since last year
Increased$1K (+0.1%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by 0% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $1.97M |
| August 2026 | $1.97M |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.37 | Multi-Family Home | $368,878 | 08/14/26 | 2 | 2 | 1,440 | |
0.42 | Multi-Family Home | $431,000 | 06/22/26 | 3 | 3 | 1,819 | |
0.52 | Multi-Family Home | $397,500 | 07/28/26 | 4 | 2 | 1,632 | |
1.26 | Multi-Family Home | $499,000 | 05/27/26 | 4 | 12 | 2,006 | |
1.23 | Multi-Family Home | $639,000 | 08/12/26 | 8 | 8 | 3,604 | |
1.18 | Multi-Family Home | $700,000 | 11/07/25 | 8 | 4 | 3,520 | |
1.14 | Multi-Family Home | $425,000 | 02/25/26 | 6 | 6 | 2,652 | |
1.06 | Multi-Family Home | $560,000 | 05/08/26 | 5 | 3 | 2,364 | |
1.38 | Multi-Family Home | $434,500 | 10/01/25 | 8 | 4 | 3,432 | |
1.32 | Multi-Family Home | $496,000 | 06/23/26 | 4 | 4 | 1,812 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.09 | $316,600 | 2 | 1 | 796 | Off Market | |
0.07 | $358,700 | 2 | 1 | 1,109 | Off Market | |
0.08 | $98,600 | 2 | 1 | 720 | Off Market | |
0.10 | $386,000 | 2 | 2 | 1,129 | Off Market | |
0.12 | $295,000 | 4 | 1 | 1,176 | For Sale | |
0.12 | $409,300 | 3 | 2 | 1,517 | Off Market | |
0.15 | $398,400 | 4 | 2 | 1,764 | Off Market | |
0.15 | $454,400 | 2 | 2 | 1,204 | Off Market | |
0.18 | $426,600 | 3 | 1 | 1,200 | Off Market | |
0.17 | $378,600 | 3 | 2 | 1,090 | Off Market | |
0.18 | $350,000 | 2 | 1 | 1,198 | Recently Sold |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Sep 16, 2026 Source: RMLS (OR) #477023850 | PendingToActive | $2,100,000 |
Aug 22, 2026 Source: RMLS (OR) #477023850 | Pending | $2,100,000 |
Aug 2, 2026 Source: RMLS (OR) #477023850 | Listed For Sale | $2,100,000 |
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Heather Tipler, Hybrid Real Estate
Agent Phone: (541) 844-8425

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 Zillow, Inc. are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS™, Portland, Oregon.
This content last updated on 2026-09-18 01:04:02 PDT. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
All information provided is deemed reliable but is not guaranteed and should be independently verified.
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Frequently asked questions about 1152 Main St
- What is the estimated monthly payment for 1152 Main St?Based on a $2,100,000 list price with 20% down at today's rates, the estimated monthly payment for 1152 Main St in Springfield, OR is approximately $12,839 (about $11,381 principal & interest, $1,383 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- How does the list price for 1152 Main St compare to homes in Springfield?1152 Main St in Springfield, OR is listed at $2,100,000, about 379% above the $438K median sale price in Springfield.
- What do residents say about Springfield?Residents describe Springfield, OR as dog-friendly, pedestrian-friendly, and easy to park in. See homes for sale in Springfield, OR.
- What are the closest schools to 1152 Main St?The closest schools to 1152 Main St in Springfield, OR are Hamlin Middle School (rated 3/10), Springfield High School (rated 4/10), Two Rivers Dos Rios Elementary School (rated 5/10).
- Does 1152 Main St have air conditioning?Yes, 1152 Main St in Springfield, OR has air conditioning.
- Does 1152 Main St have laundry facilities?Yes, 1152 Main St in Springfield, OR has laundry facilities.
1152 Main St, Springfield, OR 97477 is a 1 bedroom, 26 bathroom, 5,300 sqft multi-family built in 1941. This property is currently available for sale and was listed by RMLS (OR) on Aug 2, 2026. The MLS # for this home is MLS# 477023850.

