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River Rd, Eugene, OR 97404 — photograph 1

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River Rd, Eugene, OR 97404 — photograph 1
0.875 Acres

Eugene

$695,000

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PendingMLS®: 634143722Listing held by another brokerage, marked RMLS
Lot size
38,115 sqft
Property type
Land
Days on market
368

Overview

Prime development opportunity on River Rd! This property offers exceptional flexibility with R2 zoning, allowing for a wide range of housing options including detached residential, townhomes, multifamily units, condominiums, or affordable housing that qualifies under the Middle Housing Code. The location is outstanding—just seconds from freeway access for easy commuting, while also being next to shopping, dining, schools, and everyday services. At the same time, the property is tucked along the edge of well-established residential neighborhoods, providing the perfect balance of convenience and community appeal. Whether your vision is to create a thoughtfully designed residential neighborhood, a multifamily project, or a mix of modern housing options, this site offers a rare canvas with incredible potential. Don’t miss the opportunity to develop in one of the area’s desirable and growing corridors, where demand for quality housing continues to rise.

Details

Interior

Cooling
No
Heating
No

Exterior and lot

Lot size
38,115 sqft
Lot features
Cleared
View
No

Schools

High school
North Eugene
Middle school
Kelly
Elementary school
Howard

Location

City
Eugene
County
Lane
Zoning
R2

Taxes and dues

Annual taxes
$1,100

Location

River Rd, Eugene, OR 97404

Map showing the location of River Rd, Eugene, OR 97404
© Mapbox © OpenStreetMap

Monthly payment estimate

$3,791 /mo

20% · $139,000
7.00%
Principal and interest
$3,699
Property tax
$92
Total
$3,791

Estimate only, and not an offer of credit. Assumes 20% down ($139,000) and a 30-year fixed rate at 7.00%. Property tax is the assessed annual amount from the listing, divided by twelve. Rates change daily. Insurance and mortgage insurance are not included. Speak to a lender for terms that apply to you.

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