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Investment Highlights

  • Proven multifamily corridor
  • Demand is Expanding. 24,448 UO students, limited on-campus housing, and a university that isn't shrinking. The renter pool resets itself every year
  • Near University of Oregon

Executive Summary

Rare UO-area infill/development opportunity with R-3 (Limited High-Density Residential) zoning. 1828 Hilyard is a single 0.21-acre / 9,148 SF parcel improved with an existing 1945 residence, though the property’s strongest appeal is its redevelopment upside. Located just two lots from Duck Landing, a 19-unit / 70-bed student housing project on Hilyard, the site benefits from immediate proof of successful higher-density residential use in this exact corridor. The University of Oregon reported 24,448 students in Fall 2025, and UO Housing says space for non-first-year students is expected to be limited, supporting the broader student-housing demand story in this area. Strong opportunity for a builder, developer, or investor seeking well-located in-city land with validated multifamily context near campus. Buyer to verify all zoning, density, permitted uses, and development feasibility

Property Facts

Price $1,200,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Multifamily
  • Apartment Units - Dorms
  • Hold For Development
Total Lot Size 0.21 AC
Zoning R-3 - R-3 (Limited High-Density Residential) intended for higher-density residential use, including multifamily potential, subject to buyer due diligence

1 Lot Available

Lot

Price $1,200,000
Price Per AC $5,714,285.71
Lot Size 0.21 AC

R-3 Eugene infill opportunity near UO. 0.21-acre / 9,148 SF parcel with existing 1945 home. Strong redevelopment play just two lots from Duck Landing, a proven 19-unit student-housing project on the same Hilyard corridor.

Description

Rare UO-area infill/development opportunity. 1828 Hilyard is a single 0.21-acre / 9,148 SF parcel with R-3 (Limited High-Density Residential) zoning and an existing 1945 home in place. The property’s strongest appeal is its future multifamily/redevelopment potential, positioned just two lots from Duck Landing in a proven student-housing corridor near the University of Oregon. Ideal for a builder, developer, or investor seeking well-located in-city land with validated higher-density context. Buyer to verify all zoning, uses, density, and development feasibility.

Exceptionally walkable
90/100
Very drivable
80/100
Some public transit
40/100
Exceptionally bikeable
90/100
  • Listing ID: 39825997

  • Date on Market: 3/18/2026

  • Last Updated:

  • Address: 1828 Hilyard St, Eugene, OR 97401

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