1828 Hilyard St, Eugene, OR 97401
Local realty services provided by:ERA Freeman & Associates, Realtors
1828 Hilyard St,Eugene, OR 97401
$550,000
- 4 Beds
- 2 Baths
- 2,654 sq. ft.
- Single family
- Active
Listed by: jamie black
Office: coldwell banker professional group541-868-8444
MLS#:745020638
Source:PORTLAND
Price summary
- Price:$550,000
- Price per sq. ft.:$207.23
About this home
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.)...
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Home facts
- Year built:1945
- Subdivision & Development:SOUTH UNIVERSITY NEIGHBORHOOD
- Listing ID #:745020638
- Added:101 day(s) ago
- Updated:October 27, 2026 at 12:53 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Full bathrooms:2
- Kitchen Description:Dishwasher, Free Standing Range
- Basement Description:Full Basement, Partial Finished
- Living area:2,654 sq. ft.
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Roof:Composition
- Year built:1945
- Building area:2,654 sq. ft.
- Lot area:0.21 Acres
- Lot Features:Level, On Busline, Public Road
- Architectural Style:2 Story, Cottage
- Exterior Features:Deck
- Foundation Description:Block
- Levels:3 Stories
Schools
- High school:South Eugene
- Middle school:Roosevelt
- Elementary school:Edison
Utilities
- Water:Public Water
- Sewer:Public Sewer
Finances and disclosures
- Price:$550,000
- Price per sq. ft.:$207.23
- Tax amount:$5,287 (2025)
Features and amenities
- Amenities:Double Pane Window(s), Vinyl Frame Windows
Parking
- Total parking spaces:1
- Parking description:Driveway, On street
- Garage spaces:1
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