SOUTH UNIVERSITY NEIGHBORHOOD Homes for Sale

Welcome to the South University Neighborhood, a vibrant and charming area nestled in the heart of Eugene, Oregon. Known for its picturesque tree-lined streets and a strong sense of community, South University offers a unique blend of urban convenience and suburban tranquility. This delightful neighborhood is characterized by its diverse architectural styles, ranging from classic Craftsman bungalows to modern townhomes, making it an appealing choice for a wide range of homebuyers.

One of the standout features of South University is its proximity to the University of Oregon, making it an ideal locale for students, faculty, and families alike. The neighborhood boasts an array of local amenities, including quaint coffee shops, boutique stores, and parks that invite leisurely strolls and outdoor activities. Residents enjoy easy access to the vibrant cultural scene of downtown Eugene, with its art galleries, theaters, and farmers' markets just a short drive or bike ride away.

For those looking to plant roots in this enchanting community, there are a variety of homes for sale in South University. Whether you're searching for a cozy starter home, a spacious family residence, or a stylish modern space, you'll find options that cater to your lifestyle and budget. The real estate market here is dynamic, with properties that often reflect the neighborhood's rich history and character.

Discover the charm of South University Neighborhood today, where community spirit and beautiful homes await you. Embrace the opportunity to become part of this thriving area, and experience the best of Eugene living!

Newest SOUTH UNIVERSITY NEIGHBORHOOD Homes for Sale

$675,000

4 Beds ⋅ 2 Baths ⋅ 745020638 MLS

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.)

1828 HILYARD ST, Eugene

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