Property Attributes
- MLS#745020638
- TypeSingle Family
- Listing Status Active
- CountyLANE
- CityEugene
- Area243
- NeighborhoodSOUTH UNIVERSITY NEIGHBORHOOD
- Zip97401
- StyleStories2,Cottage
- Year Built1945
- Taxes$ 5286
- Price$ 675,000
- Bedrooms4
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage2654
- Lot Size0.21 Acres
Data Source:
Regional Multiple Listing Service (RMLSOR)
Property Description
Prime Development or Fixer Opportunity Blocks from UO!Attention investors, flippers, and developers: unleash the massive potential of this 1945 classic, situated in the highly coveted South University Neighborhood. Located just blocks from the University of Oregon in one of Eugene’s strongest student housing corridors, this property offers incredible land value and unparalleled versatility. The home itself features 4 bedrooms, 2 bathrooms, and 2,654 square feet of space, including a full, partially finished basement and a detached 1-car garage. While it has significant deferred maintenance and is being sold strictly as-is, its history as a student rental—previously bringing in an under-market $2,800 per month—proves its consistent, high-demand draw.The real magic lies in the rare R-3 limited high-density zoning on this generous 0.21-acre developable lot. Preliminary talks with the City of Eugene indicate incredible upside, allowing for a minimum of 5 units and up to 19 units for a complete redevelopment. Alternatively, you can choose to renovate the existing structure to flip, keep it as a charming single-family home, or update the space to maximize cash flow by renting by the door. Everything your future tenants or buyers need is within walking distance, including campus, vibrant dining, shopping, local services, schools, and public transportation. Whether you want to build up, renovate, or add a powerhouse asset to your portfolio, opportunities with this much zoning flexibility rarely hit the market. Bring your tool belt, your architect, and your vision—this property is priced for immediate potential! (Buyer to do due diligence regarding redevelopment potential and city requirements.)
| Elementary School | Middle School | High School |
|---|---|---|
| Edison Elementary School | Roosevelt Middle School | South Eugene High School |
| Price History | |
|---|---|
| 7/19/2026 | Listed $675,000 |
General Features
| Sewer | PublicSewer |
|---|---|
| Heating | ForcedAir |
| Cooling | None |
| Roof | Composition |
| Appliances | Dishwasher,FreeStandingRange |
| Zoning | R-3 |
| Garage Spaces | 1.0 |
| Architectural Style | Stories2,Cottage |
| Security Features | None |
| Year Built | 1945 |
| Stories Count | 3 |
| Property Subtype | SingleFamilyResidence |
| Tax Year | 2025 |
| Parcel Number | 0600278 |
| County | Lane |
| Property Type | Residential |
| HOA | No |
| Subdivision Name | SOUTH UNIVERSITY NEIGHBORHOOD |
| Full Baths | 2 |
| Status | Active |
| Directions | E 19th Ave to north on Hilyard |
| High School | South Eugene |
| City | Eugene |
| Disclosures | Exempt |
| MLS Area | _243 |
| Lot Size Square Feet | 9147.0 |
| Listing Terms | Cash,Conventional |
| Elementary School | Edison |
| Tax Annual Amount | 5286.95 |
| Middle/Junior High School | Roosevelt |
| Property Condition | Resale |
| Standard Status | Active |
| Accessory Dwelling Unit Y/N | No |
| Legal Description | 18-03-05-22-03500 |
| SeniorCommunityYn | False |
| ADU | False |
Interior Features
| Basement | FullBasement,PartiallyFinished |
|---|---|
| Total Fireplaces | 1 |
| Fireplace Features | WoodBurning |
| Hot Water | Gas,Tank |
| Window Features | DoublePaneWindows,VinylFrames |
| Total Bathrooms | 2.0 |
| FuelDescription | Electricity,Gas |
| Total Bedrooms | 4 |
| Total Baths | 2 |
Exterior Features
| Exterior Amenities | Deck |
|---|---|
| Parking Features | Driveway,OnStreet |
| Lot Features | Level,OnBusline,PublicRoad |
| Water Source | PublicWater |
| Total Parking | 1.0 |
| Garage Type | Detached |
| Exterior Description | LapSiding,WoodSiding |
| Foundation Details | Block |
| Building Area Total | 2654.0 |
| Lot Dimensions | 56x160 |
| Lot Size Acres | 0.21 |
| Road Surface Type | Paved |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
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The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLSTM of Portland, Oregon. Real estate listings held by brokerage firms other than Roseburg are marked with the RMLSTM logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLSTM, Portland, Oregon.
This content last updated on September 11, 2026 7:36 AM UTC at 4 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Southern Oregon Multiple Listing Service All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be