Rivett on 5th & Main is the newest mixed-use development in the Eugene/ Springfield metro area. Just finished in December of 2024, it features 12 townhouse style apartments on the second floor, two retail spaces and one live/work unit. Architecturally designed with top-of-the-line amenities. 10 year property tax freeze on apartments (excludes commercial units.) Lease up has just begun and at the asking price, Seller will lease back any apartment unit that is not leased by closing.
Come see this amazing, fully renovated property! There is so much potential for additional income! The attached studio apartment has a separate address and utilities. The lot has a very spacious back yard that can easily accommodate an ADU or envision a park like setting for your own private back yard! The house and studio both have new ductless mini-split units with heating and air-conditioning. All new appliances, cabinets, paint and flooring throughout both units. The main house has 2 bedrooms and 1 bathroom and is approximately 708 sq feet. The studio apartment is approximately 400 square feet. New roof and windows throughout. Don't miss out on this awesome property! The neighborhood is very quiet with easy access to bike paths, parks & the University of Oregon.
Duplex in Springfield! Excellent opportunity for investors or owner-occupants! This single-level duplex features two units, each offering 2 bedrooms and 1 bathroom. Durable flooring throughout for easy cleaning and upkeep. Each unit includes a cozy wood-burning fireplace, a private garage, and a fenced courtyard, providing both comfort and functionality.
The median home value in Springfield, OR is $400,000. This is lower than the county median home value of $416,200. The national median home value is $338,100. The average price of homes sold in Springfield, OR is $400,000. Approximately 52.53% of Springfield homes are owned, compared to 45.7% rented, while 1.77% are vacant. Springfield real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Springfield real estate agent to arrange a tour today!
Springfield, Oregon 97477 has a population of 62,138. Springfield 97477 is less family-centric than the surrounding county with 25.48% of the households containing married families with children. The county average for households married with children is 25.61%.
The median household income in Springfield, Oregon 97477 is $54,503. The median household income for the surrounding county is $59,016 compared to the national median of $69,021. The median age of people living in Springfield 97477 is 37.3 years.
The average high temperature in July is 81.8 degrees, with an average low temperature in January of 34.4 degrees. The average rainfall is approximately 49.9 inches per year, with 3.5 inches of snow per year.