Oregon
Eugene
490 W 4TH Ave

$395,000

490 W 4TH Ave, Eugene, OR 97401

Multi-Family Home
Built in 1900
4,356sqft lot
—— car garage
$——/sqft
Listed 1 month ago

Property Description

Unique development opportunity in downtown Eugene. Seller has preliminary plans drawn for a 20 unit apartment or up to a 69 unit single room occupancy complex. Drawings can be provided upon request. Package deal can be made if 427 Washington is also purchased with 490 W 4th ave. Great walk & bike-score! Near The Owen Rose Garden, Downtown Shops, Whiteaker Breweries, the Willamette River, and more! There is so much to see & do in the heart of Eugene. These properties also make great long-term rental investments with the current tenants. (Do don't disturb current tenants, please.)

Listing Status:: Active
Date Added:: June 19, 2025 at 05:00AM
Listing Office:: Sixel Real Estate : 541-654-0501
Listing Agent:: Kit Sixel : 541-954-1915
MLS ID:: 779161066

Basement: Crawl space
A/C: None
Heating: Wall heater

This listing courtesy of Kit Sixel, Sixel Real Estate

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Willagillespie Elementary School

1125 Willagillespie Rd, Eugene, OR, 97401

Grades KG-5

1.10 miles away

Arts & Technology Academy

1650 W 22nd Ave, Eugene, OR, 97405

Grades 6-8

1.57 miles away

Eugene Education Options

200 N Monroe St, Eugene, OR, 97402

Grades 9-12

0.50 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.