Hotel-to-Apartment Redevelopment
New
For Sale
$2,100,000
1152 MAIN St, Springfield, OR 97477
MULTI_FAMILY - OR
Lot Size0.58 Acres
Days on Market4
Property Features for 1152 MAIN St
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
CC
Bedrooms
1
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bathroom 2, Bedroom 1
Directions
West on Main Street, building on the left between 11th and before 12th
Subdivision
_248
Standard status
Active
APN
0316792
Lot size
0.58 Acres
Taxes and HOA fees
Tax Description
17-03-35-41-04200
Tax Annual Amount
15757
Legal Description
17-03-35-41-04200
Utilities
Heating system
Ductless (Heating)
Cooling system
Wall Unit(s)
Amenities
on-site laundry
storage
mini refrigerators
Building Details
Year built
1941
Floors in Building
2
Number of units
26
Roof type
Composition, Membrane
Listing Agency:
Hybrid Real Estate
(541) 343-0322
Listed By:
Heather Tipler
(541) 844-8425
Added: Jul 30
Changed: Aug 2
Last Checked: Aug 2 at 7:06PM
MLS# 477023850
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Investment Insights
Based on property information with market context.
Apartment building redevelopment opportunity built on an existing hotel layout that can support apartment conversion, including kitchenette plumbing in the walls and private bathrooms. Unit features described include mini refrigerators, on-site laundry, and storage, and the property is presented with furniture included. Heating is ductless and cooling is provided by wall unit(s).
The property is located at 1152 MAIN St in Springfield area access, with convenient reach to downtown Springfield, the University of Oregon, major employers, shopping, dining, public transportation, and everyday amenities. The site sits on 0.58 acres and is zoned CC.
Recent improvements include a newly paved parking lot completed in 2024, a membrane roof replaced in 2020, and a new shingle roof installed in 2022, along with fresh exterior paint. The property also has seven on-site storage units and ample parking including covered spaces. An additional spacious owner’s residence with a private entrance, updated kitchen with granite countertops, fenced yard, ductless heating and cooling, remodeled bathroom, private laundry, and direct access to the office may support a larger rental unit, leasing office, or community amenity use.
The property is located at 1152 MAIN St in Springfield area access, with convenient reach to downtown Springfield, the University of Oregon, major employers, shopping, dining, public transportation, and everyday amenities. The site sits on 0.58 acres and is zoned CC.
Recent improvements include a newly paved parking lot completed in 2024, a membrane roof replaced in 2020, and a new shingle roof installed in 2022, along with fresh exterior paint. The property also has seven on-site storage units and ample parking including covered spaces. An additional spacious owner’s residence with a private entrance, updated kitchen with granite countertops, fenced yard, ductless heating and cooling, remodeled bathroom, private laundry, and direct access to the office may support a larger rental unit, leasing office, or community amenity use.
Key Highlights
- 0.58‑acre site zoned CC
- Kitchenette plumbing in walls to support apartment conversion with private bathrooms
- On‑site laundry and storage plus seven on‑site storage units
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
792
Businesses Nearby
Explore this area
Business Placement
Demographics for 97477, OR
37,602
Population
16,572
Households
2.3
Avg Household Size
39
Median Age
23%
College-Educated
89%
High-School Grad
12.4 sq mi
ZIP Area
3,032
Density / Sq Mi
$63,574
Median Household Income
$35,645
Median Earnings
$1,176
Median Rent
$345,800
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Apartment building - Apartment building on 0.58 acres in zoning CC, with ductless heating, wall-unit cooling, and major roof and parking updates.
Where is this apartment building located?
The property is located at 1152 MAIN St Springfield, OR.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: 0.58‑acre site zoned CC; Kitchenette plumbing in walls to support apartment conversion with private bathrooms; On‑site laundry and storage plus seven on‑site storage units
