R-3 Infill Development Site with 6–13 Unit Potential
R-3 Infill Development Site - 6–13 Unit Potential - Central Eugene
Marketing description
• Zoned R-3, up to 6 units by right, potential upside to R-4 allowing up to 13 units
• Corner parcel with alley access, all utilities available, flat and buildable site
• Prime Midtown location near downtown, transit, and major employment and cultural anchors
This is a rare infill development site at W. 15th Avenue and Olive Alley, positioned in the heart of Midtown Eugene, where demand for smaller, well-located multifamily projects remains strong. The .12-acre parcel sits on a corner with paved alley access, is flat, fully serviced, and currently zoned R-3, allowing up to 6 units, with potential density upside to 13 units if rezoned to R-4.
The location offers immediate proximity to downtown Eugene, the public library, Lane County Fairgrounds, and the Hult Center, making it highly attractive for workforce or urban residential development. This is an efficient, straightforward site ideal for local builders or developers seeking a manageable project with strong long-term fundamentals in a supply-constrained submarket.
Offered at $335,000.
Investment highlights
- Central Eugene infill development site suitable for small-scale multifamily
- R-3 zoning allows up to 6 units by right, with path to R-4 for up to 13 units
- 5,440 SF lot with paved alley access
- Utilities available at the site
- Walkable location near downtown, Eugene Public Library, Hult Center, and Lane County Fairgrounds
- Limited availability of comparable infill sites in the core submarket
- Flat site supports efficient building layout and lower site work costs
- Offered at $335,000
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