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South Eugene Residential Redevelopment Opportunity

Excellent residential development or investment opportunity

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Active

Asking Price: $1,315,000
Address 

2055 Willamette St, Eugene, OR 97405

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Date Added
May 3, 2024
Days on Market
327 days
Time Since Last Update
79 days

Details

Property TypeMultifamily
SubtypeApartment Building, Student Housing
Investment TypeRedevelopment
Square Footage4,804
Units4
Beds12
ZoningMedium Density Residential
Lot Size (sq ft)16,000
Sale ConditionFor sale by owner
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Marketing Description

This property presents an exceptional investment or development opportunity, featuring four residential units totaling twelve bedrooms on a .36-acre lot with on-site parking.​ The three structures on the property comprise approximately 4,804 square feet and are zoned R-3.​ Redevelopment would allow for townhouses, duplexes, or a multi-story apartment building.​

Situated adjacent to the new Civic Park and Kidsports Facilities, the property is conveniently located within walking distance of Downtown Eugene and the University of Oregon campus.​ Additionally, it enjoys proximity to bus lines, grocery stores, restaurants, and other amenities.​

This property offers great potential and versatility for those interested in a strong real estate investment in a sought-after South Eugene location.​

Investment Highlights

  • South Eugene residential development or investment opportunity

  • 16,000 SF of land

  • Medium Density Residential Zoning

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Due Diligence

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Listing Contacts

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Broker Information
Broker Name
Abby Hyland
Broker License
OR 201256624
Brokerage Name
Campbell Commercial Real Estate
Broker Title
Commercial Real Estate Broker
Brokerage Address
Springfield, United States 97477
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