Development Opportunity in Downtown
490 West 4th Avenue Eugene, OR 97401
490 West 4th Avenue, Eugene, OR, 97401
$325,000
Pending
For Sale
$325,000
Pending
Land with potential for apartment or SRO complex development.
Property Size602 SF
Days on Market398
Property Features for 490 West 4th Avenue
General Information
- Standard status
- Pending
- Size
- 602 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1900
Listing Agency
Sixel Real Estate
(541) 954-1915
Listed by
Kit Sixel · License #200710134
(541) 954-1915
Source
Compass
Added: Jun 19, 2025 Updated: Jul 10 at 3:55 pm Checked: Jul 20 at 4:03 am
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Investment Insights
Based on property information with market context.
This property presents a development opportunity in downtown Eugene. Preliminary plans are available for a 20-unit apartment building or a 69-unit single-room occupancy complex. The property has a great walk and bike score and is located near the Owen Rose Garden, downtown shops, Whiteaker breweries, and the Willamette River. The property is 602 square feet. It may also serve as a long-term rental investment with current tenants.
Key Highlights
- Development opportunity in downtown Eugene.
- Preliminary plans for a 20‑unit apartment or up to a 69‑unit single room occupancy complex.
- Great walk & bike score.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Needle exchange
Pharmacy
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FAQs
What type of property is this?
Commercial land - Land with potential for apartment or SRO complex development.
Where is this commercial land located?
The property is located at 490 West 4th Avenue Eugene, OR.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Development opportunity in downtown Eugene.; Preliminary plans for a 20‑unit apartment or up to a 69‑unit single room occupancy complex.; Great walk & bike score.