2055 Willamette StEugene, OR 97405

This exceptional South Eugene property presents a compelling redevelopment opportunity. The 0.36-acre lot (16,000 sq ft) currently features three structures totaling 4,804 square feet and four residential units with twelve bedrooms. The property is zoned R-3 (Medium Density Residential), allowing for diverse development options, including townhouses, duplexes, or a multi-story apartment building. Its strategic location offers unparalleled convenience, situated adjacent to the new Civic Park and Kidsports Facilities, within walking distance of Downtown Eugene and the University of Oregon. Proximity to public transportation, grocery stores, restaurants, and other amenities further enhances its appeal. The asking price is $1,315,000. This presents a strong investment opportunity in a highly sought-after area, offering significant potential for future growth and returns. On-site parking is available. The property is for sale by owner.