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Downtown Eugene Multifamily Homes & Duplexes for Sale

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  • /29

    $385,000

    • 6 Beds
    • 3 Baths

    427 Washington St, Eugene, OR 97401

    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 490 W 4th ave is also purchased with 427 Washington. Great walk & bike-score! Near The Owen Rose Garden, Downtown Shops, Whiteaker Breweries, the Willamette River, and

    Kit Sixel Sixel Real Estate

    427 Washington St, Eugene, OR 97401
  • /25

    $395,000

    • 3 Beds
    • 2 Baths

    490 W 4th Ave, Eugene, OR 97401

    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

    Kit Sixel Sixel Real Estate

    490 W 4th Ave, Eugene, OR 97401

Why Live in Downtown Eugene

Downtown Eugene is a vibrant neighborhood characterized by a mix of rental properties and historic homes. Apartments cater to university students and faculty, conveniently located near bus routes and bike paths leading to the University of Oregon. Single-family homes from the 1920s, including Craftsman-inspired bungalows and traditional houses, add colorful charm to the area. Victorian homes from the 1890s and modern townhouses built post-2020 provide diverse architectural styles. The neighborhood boasts several parks, such as the 100-acre Skinner Butte Park with its scenic lookout and rock climbing wall, and the Owen Rose Garden with over 4,500 roses. The north and south bank trails along the Willamette River offer over 2 miles of paved paths. Local attractions include the 5th Street Public Market with specialty stores like Elephant’s Trunk and Rhythm & Blooms, and dining options such as Magpie Coffeeshop and Gordon Tavern. The Lane County Farmers Market, open year-round, adds to the list of things to do. Monthly events like the First Friday ArtWalk and performances at the Hult Center and McDonald Theatre enrich the cultural scene. The neighborhood is served by the Lane Transit District, with bus routes and dedicated bike lanes facilitating easy access to the university and beyond. Schools in the area include highly rated Edison Elementary School, Roosevelt Middle School, and South Eugene High School. North Eugene High School also offers various Career and Technical Education courses. The University of Oregon, located about 2 miles east, is a top choice for local graduates.

Home Trends in Downtown Eugene, OR

Housing Trends

Median Sale Price
$508,500
Median Single Family Sale Price
$475,000
Median Townhouse Sale Price
$504,500
Median 2 Bedroom Sale Price
$750,000
Median 1 Bedroom Sale Price
$512,500
Average Price Per Sq Ft
$418
Number of Homes for Sale
7
Last 12 months Home Sales
6
Months of Supply
14.00
Median List Price
$535,000
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
-8%
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