998 Ferry Lane, Eugene, OR 97401

Building Details

Year Built

1928

Listing office Evans, Elder Brown & Seubert

Listing date Jun 11, 2026

Source Crexi

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Evans, Elder Brown & Seubert

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Overview

998 Ferry Lane is a group living facility constructed in 1928 and renovated in 2017. The building totals 4,955 square feet and is laid out across four levels, including a basement, first floor, second floor, and third floor. The property is described as meeting occupancy standards for Group R-2 congregate campus living organization facility, supporting a 24-occupant capacity.

The site is located adjacent to the University of Oregon campus, which can be relevant for operators focused on campus-proximate housing and group living concepts. The facility’s configuration is designed specifically for congregate campus living usage rather than conventional independent apartment layouts.

For buyers seeking a specialized residential income asset, this property offers a defined operating model with capacity for 24 occupants across multiple floors. The documented renovation history and the stated Group R-2 occupancy standard provide useful baseline information for due diligence, including how the building is intended to function as a campus-oriented group living facility.

Suggested Use

Real Estate Agency Restaurant Dental Office Law Firm Hair Salon Spa & Massage Center Building Supply Nail Salon Auto Repair Shop Pharmacy

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Eugene

County

Lane

State

Oregon

Longitude

-123.0850592

Latitude

44.0489867

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FAQs

What type of property is this?

Apartment building - Renovated 1928 group living facility near the University of Oregon with space for 24 occupants across four levels.

Where is this apartment building located?

The property is located at 998 Ferry Lane Eugene, OR.

What is the asking price?

The asking price for this property is $1,895,000.

What are key features of this property?

This property features: Renovated 1928 group living facility with 4,955 SF across four levels (basement, first, second, and third); 2017 $550,000 renovation; Group R‑2 Congregate Campus Living Organization Facility with occupancy standards met