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Residential Redevelopment or Investment 2055 Willamette St 4 Unit Apartment Building $1,315,000 ($328,750/Unit) Eugene, OR 97405

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INVESTMENT HIGHLIGHTS

  • Excellent south Eugene location
  • Redevelopment would allow for townhouses, duplexes, or a multi-story apartment building
  • Situated adjacent to Civic Park and Kidsports facilities
  • Located near downtown and the University of Oregon campus

EXECUTIVE SUMMARY

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.

PROPERTY FACTS

Price $1,315,000
Price Per Unit $328,750
Sale Type Investment
No. Units 4
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
Building Class C
Lot Size 0.37 AC
Building Size 4,804 SF
Average Occupancy 100%
No. Stories 2
Year Built 1904
Zoning R3 - Medium Density Residential
Walk Score®
Very Walkable (84)
Bike Score®
Biker's Paradise (93)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 31696722

  • Date on Market: 5/3/2024

  • Last Updated:

  • Address: 2055 Willamette St, Eugene, OR 97405

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