About This Home

This 3-bedroom, 1-bathroom single family at 804 W N St in Springfield, OR is listed for $380,000 ($299 per sqft). Built in 1951, the home offers 1,272 sqft of living space on a 0.33 acres lot.

Key Features

  • Built in 1951
  • 0.33 acre lot

Property Details

1 story
1 full
1951

Amenities

A/C
Listing Description

Multi-lot Development opportunity! City Supported Partition Plan allowing up to 3 lots or 4 total residences if not partitioned. Rare opportunity in a prime Springfield location. Walking distance to Autzen Stadium. The City has approved a plan in the Development Initiation Meeting/video to partition the property into three lots, offering excellent flexibility for future build-out.

Even better, the property also qualifies for up to four total residences without requiring a partition, giving buyers multiple development paths. Bring your Contractor and understand the entitlement already done. Virtual tour video includes the full planning meeting and transcript.

It's an eye-opening look at how supportive and solution-oriented the City of Springfield has been in helping this project move forward. (See attached Springfield Developer Packet.)The existing home is livable and currently occupied. A great candidate for a cosmetic facelift or full remodel.

A new roof has already been completed. New Heavy Duty Everlife Andover Series floor covering. The large shop building provides additional opportunities and can be upgraded into an accessory dwelling. ( City is presently waiving many of the associated fees) A site diagram shows Rainbow Drive abutting the north side of the property and illustrates the three approved lots.

The seller planned to complete the development but has since shifted plans, creating a rare chance for the next owner to step in with a significant head start. Located within walking distance of Willamette River and Springfield High, this property sits in a highly desirable, walkable corridor along the river. Street improvements (paving) scheduled soon. (See attached document.) Buyer must perform Due Diligence with City.of Springfield.

Monthly Cost Estimate

$2,032/mo

20% down · 6.5% · 30 years

Principal$275
Interest$1,647
Insurance$111

Estimates only. Actual payments may vary.

Location

804 W N St

Springfield, OR 97477

Features & Amenities

Interior Features

CeilingFanHardwoodFloorsHighSpeedInternet

Exterior Features

FencedRVParking

Property Details

Heating

Forced Air

Cooling

Window Unit(s)

Appliances

DishwasherFreeStandingRangeFreeStandingRefrigerator

Questions & Answers

This 3-bedroom, 1-bathroom single family at 804 W N St is listed at $380,000 ($299/sqft). The estimated monthly payment is $2,032 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1951, 0.33 acre lot. Interior Features: CeilingFan, HardwoodFloors, HighSpeedInternet. Exterior Features: Fenced, RVParking.

This property is listed by Ruth Kuehl and can be reached at 5415540324.

RK

Ruth Kuehl

Agent at Eugene Track Town Realtors LLC

(541) 554-0324

Listed by Eugene Track Town Realtors LLC · View on Broker Site

MLS# 107477481· Source: listhub· 240 days on market

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804 W N St, Springfield, OR 97477

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