$410000

Price cut: $15K (02-21-2026)

3 Bed
1 Bath
1272 SqFt
117 DOM
Built: 1951
Status: Active

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Krishna Regupathy

Principal Broker

(503) 893-8874

Owner occupied neighborhood! City Supported Partition document attached.Rare opportunity in a prime Springfield location! The City has approved a plan in the Development Initiation Meeting 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.A virtual tour video is available and 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, making it 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 a small home or accessory dwelling.A site diagram shows Rainbow Drive bordering the north side of the property and illustrates the three approved lots. The seller originally intended 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 Autzen Stadium and Springfield High, this property sits in a highly desirable, walkable corridor with strong long-term value and excellent investment potential. Street improvements scheduled soon. (See attached document.)

Listing Provided Courtesy of Ruth Kuehl, Eugene Track Town Realtors LLC

General Information

MLS #107477481
TypeSingleFamilyResidence
Days on Market 117 DOM
Beds3
Lot Size 0.33 acres
Baths1
SqFt1272
Year built1951
Zoning
CountyLane
Tax ID0234920
ElemCentennial 5/10
MiddleBriggs 6/10
HighSpringfield 2/10
PropCategoryResidential
PropTypeSingleFamilyResidence
Neighborhood (Legal)17 03 27 42 04 04700

Listing Provided Courtesy of Ruth Kuehl, Eugene Track Town Realtors LLC

Krishna Realty data last checked: Mar 16, 2026 07:48 | Listing last modified Mar 01, 2026 17:43, Source:

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Residence Information

Upper SqFt0
Main SqFt1272
Lower SqFt0
Total SqFt1272
SFSrcRLID
TotUp/Mn1272
Fireplaces
Bdrms3
Full Bath1
Partial Bath0
Total Bath1
RoofComposition
Garage Converted
StyleStories1,Ranch
ParkingDriveway,RVAccessPar
Levels1
Year Built1951
Green CertNo
Energy Eff
ExteriorT111Siding, WoodSiding
Bsmt/Fnd
RVRVParking
URM
Basement
FoundationBlock,PillarPostPier
WindowsVinylFrames
Amenities

Features and Utilities

LivingSlidingDoors
KitchenDishwasher, FreeStandingRange, FreeStandingRefrigerator
InteriorCeilingFan, HardwoodFloors, HighSpeedInternet
ExteriorFenced, RVParking
Accessibility
CoolWindowUnit
WaterElectricity, Gas
HeatForcedAir
SewerPublicSewer
Hot WaterElectricity, Gas
FuelElectricity

Financial

PTax/Yr2681.25
HOA0
HOA Incl
HOA Fee
Other Dues
Terms ConsideredCash
List Date11-05-2025
Rent (If Rented)
Bank Owned/REONo
Short SaleNo

Comparable Information

Pending Date
DOM 117
CDOM 131
Sold Date
TermsCash
Original Price$500,000
List Price$410,000
Sold Price
Last ModifiedMar 01, 2026 17:43

Schools

public Elementary : Centennial 5/10 Ratings

public Middle : Briggs 6/10 Ratings

public High : Springfield 2/10 Ratings

Map

Listing courtesy of Eugene Track Town Realtors LLC.

The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2019 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. Krishna Realty data last checked: Mar 16, 2026 07:48 | Listing last modified Mar 01, 2026 17:43. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

804 W N ST