28 New Construction Lots

+1 Single Family Residence

This unique, 2.98 acre, former railway right-of-way site has been designed as a middle housing development with twenty-eight (28) units to be constructed in ten (10) duplex/
triplex buildings. The property is adjacent to Peacehealth Campus at Riverbend and just minutes from the vibrant Gateway area of Springfield.
The seller has bids on file for all the needed infrastructure. All ten buildings are designed and there is just a small amount of engineering to be completed to make final construction drawings.

Additionally, the property includes a 1,122 sf single family residence built in 1952. The 3-bedroom, 1-bath, house is currently leased at the under-market rent of $1,695/month.

 • 28 New construction lots plus, a single family residence

 • 2.98 Acres less than 1 mile to Riverbend Hospital Complex & Gateway Shopping Hub

 • Fully approved and ready for infrastructure construction

 • All units fully designed

 • 4J School District

SALE PRICE: $950,000

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Property Details

  • Price: $950,000.00
  • Property Type: Land
  • Property Sub-type: Middle Housing
  • Buiding Class: N/A: N/A
  • Acreage: 2.57
  • Last Updated: May 1, 2026

The information in this listing was gathered from sources deemed reliable, however Evans Elder Brown & Seubert makes no representation or warranty of the accuracy of the information. Any buyer or tenant considering a purchase or lease of this property should confirm any and all information relied upon in making the decision to purchase or lease prior to finalizing the transaction and bears the risk of all inaccuracies. Read full disclosure information