SOUTH UNIVERSITY NEIGHBORHOOD Homes for Sale

Welcome to the South University Neighborhood, a charming and vibrant community nestled in the heart of Eugene, Oregon. Known for its picturesque tree-lined streets and a strong sense of community, this subdivision is the perfect blend of urban convenience and suburban tranquility. With its close proximity to the University of Oregon, South University is an ideal location for students, faculty, and families alike.

The neighborhood boasts a variety of homes for sale, catering to diverse tastes and lifestyles. From cozy bungalows to modern townhomes, each property is designed to provide comfort and style. Many homes feature beautiful gardens and spacious yards, perfect for enjoying Eugene’s mild climate. Residents can take advantage of nearby parks and recreational areas, making outdoor activities a part of everyday life.

In addition to its residential charm, the South University Neighborhood is rich in local amenities. Enjoy a leisurely stroll to nearby cafes, restaurants, and boutique shops that contribute to the area’s unique character. The community is also well-served by public transport, making it easy to explore all that Eugene has to offer.

Whether you’re searching for your first home or looking to invest in a rental property, the South University Neighborhood has something for everyone. With homes for sale that combine comfort, style, and a prime location, this community is the perfect place to call home. Come and discover the charm of South University—your dream home awaits!

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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