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Potential Middle Housing 478 E 32nd Ave 1 Unit Apartment Building $299,000 ($299,000/Unit) Eugene, OR 97405



INVESTMENT HIGHLIGHTS
- This rehab home on a flat quarter-acre South Eugene lot is primed for middle housing re-development.
- Alley access could be a key benefit for redevelopment.
EXECUTIVE SUMMARY
This rehab home on a flat quarter-acre South Eugene lot is primed for middle housing re-development. Large yard is ready for your middle-housing vision: cottage/tiny home cluster, duplex/triplex/fourplex, rowhouses? Create a cluster of rentals or divide and sell (see Eugene code for options). The alley accesses the lot easily off of Ferry St. Or renovate and this is an affordable home for someone who wants to add sweat equity and live in a well-loved neighborhood with many amenities. This popular neighborhood is close to parks, running trails, bus line, shopping, restaurants and bakeries, new YMCA, coveted South Eugene schools. Only 1 mile to University of Oregon, Hayward Field. Flat and bikeable through downtown to the Willamette River bike path. Easy freeway access to I-5. The existing home is nearly 1000 sq ft, with a previously permitted conversion (per RLID) from garage to large vaulted living room. Home has a metal roof, ductless heat pump, large utility room, built on slab. After some renovation, it can become a 2 BR/1 BA ranch with a HUGE yard. Add an ADU to create multi generational living with the garden of one's dreams. Property is a rare opportunity ready for your vision!
PROPERTY FACTS
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Vaulted Ceiling
- Tub/Shower
- Yard
- Lawn
Bike Score®
Biker's Paradise (100)
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Potential Middle Housing | 478 E 32nd Ave
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