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    Springfield, OR Apartment Buildings for Sale

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    Eugene, OR Creswell, OR Harrisburg, OR Marcola, OR Junction City, OR Cottage Grove, OR Dexter, OR Fall Creek, OR
    Mixed-Use Building with Retail
    Updated: Jan 28, 2025
    Mixed-Use Building with Retail

    488 Main St, Springfield, OR 97477

    $4,950,000
    13,408 sqft 0.11 AC lot
    Completed in December 2024: 12 townhouse‑style apartment units on the second floor, plus two retail spaces and one live/work unit
    10‑year property tax freeze on apartments (excludes commercial units)
    Heat pump heating and heat pump cooling
    Membrane roof
    Seller will lease back any apartment unit not leased by closing (lease‑up has just begun)
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Springfield, OR, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Historic Downtown Hotel with Retail Front
    Historic Downtown Hotel with Retail Front

    661 S Main St, Lebanon, OR 97355

    $4,750,000
    27,764 sqft 0.87 AC lot

    A 1910 mixed-use building featuring fully occupied ground-floor retail and apartments, with renovation underway upstairs.

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    Historic Downtown Hotel with Retail
    Historic Downtown Hotel with Retail

    661 S Main St, Lebanon, OR 97355

    $4,750,000
    33,612 sqft 0.37 AC lot

    Historic hotel with four glass-front retail suites fully occupied on the ground floor and multifamily income from 10 units.

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    Renovated Group Living Facility
    Renovated Group Living Facility

    998 Ferry Lane, Eugene, OR 97401

    $1,895,000
    4,955 sqft

    Renovated 1928 group living facility near the University of Oregon with space for 24 occupants across four levels.

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    Eugene Investment Property For Sale
    Eugene Investment Property For Sale

    304 E 13th Ave, Eugene, OR 97401

    $1,350,000
    6,130 sqft 0.07 AC lot

    Residential and retail investment property near the University of Oregon.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Pahrump Land Investment Opportunity
    Pahrump Land Investment Opportunity

    2001 Casino Street, Pahrump, NV 89048

    Contact for pricing
    0.31 AC lot

    0.31 acre multi-family zoned lot in growing Pahrump, Nevada.

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    Lancaster Corner Lot Investment Opportunity
    Lancaster Corner Lot Investment Opportunity

    Newgrove Street, Lancaster, CA 93534

    $350,000
    0.17 AC lot

    0.17-acre corner lot in Lancaster with development potential.

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    Prime Commercial Land Opportunity
    Prime Commercial Land Opportunity

    31426 The Old Road N, Castaic, CA 91384

    $2,250,000
    2.05 AC lot

    2+ acres of commercially zoned land with freeway exposure.

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    Development Opportunity with DTLA Views
    Development Opportunity with DTLA Views

    700 Lookout Dr, Los Angeles, CA 90012

    $799,000
    0.22 AC lot

    Land with potential for up to 23 units.

    View details

    Springfield, OR Apartment Buildings Market Trends and Statistics

    Explore 1 apartment buildings for sale in Springfield, OR on our real estate platform. These investment opportunities span a total of 13,408 square feet of properties for sale, with an estimated market value of $4,950,000.

    Sale prices for two-family homes in Springfield, OR start at $4,950,000, averaging $4,950,000, and reaching up to $4,950,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 77K
    Population Growth (5Y) +0.9%
    Median Household Income $71,456
    College Educated 14.8%

    Taxes & Financing

    Tax Rate (average for all types) 1.74%
    Property Tax per SF $57.87 per SF
    Tax Rate vs County Average 0.26 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lane County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Springfield fall within the 100,000+ square foot range.

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