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Bo Soonthorn

bo@bosoonthorn.com +1(971) 444-9595

Listed by Coldwell Banker Professional Group

$ 675,000

Est. payment | -/mo

4 Beds

2 Baths

2,654 SqFt

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$ 675,000

Est. payment | -/mo

Save

4 Beds

2 Baths

2,654 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,654 sqft

Price per Sqft $254

Subdivision South University Neighborhood

MLS Listing ID 745020638

Style Stories2, Cottage

Bedrooms 4

Full Baths 2

HOA Y/N No

Year Built 1945

Annual Tax Amount $5,286

Tax Year 2025

Lot Size 9,147 Sqft

Property Sub-Type Single Family Residence

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.)

Location

State OR

County Lane

Area _243

Zoning R-3

Rooms

Basement Full Basement, Partially Finished

Interior

Heating Forced Air

Cooling None

Fireplaces Number 1

Fireplaces Type Wood Burning

Appliance Dishwasher, Free Standing Range

Exterior

Exterior Feature Deck

Parking Features Detached

Garage Spaces 1.0

Roof Type Composition

Garage Yes

Building

Lot Description Level, On Busline, Public Road

Story 3

Foundation Block

Sewer Public Sewer

Water Public Water

Level or Stories 3

Schools

Elementary Schools Edison

Middle Schools Roosevelt

High Schools South Eugene

Others

Senior Community No

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Regional Multiple Listing Service (RMLS)

Helping you move forward with confidence in real estate.

+1(971) 444-9595

bo@bosoonthorn.com

1828 HILYARD ST Eugene, OR 97401

Bo Soonthorn

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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1828 HILYARD ST