Attention Investors: High-upside opportunity on a 1.19 acre lot in the heart of Alvadore! This unique property features two legally established dwellings (built prior to 1967), offering rare dual-income potential for a primary residence plus rental or multi generational living. Positioned with stunning Coast Range sunset views between the Eugene Airport and Fern Ridge Lake, the oversized lot provides potential for division — buyer to perform all due diligence regarding zoning and partition. Key infrastructure is already in place, including a newer well pump (approx. 5 years) and a recent electrical panel and water heater in the front unit. While the structures require remediation—specifically addressing dry rot and the heat source—the underlying land value and location in this high-demand bedroom community make it a prime candidate for a rehab or redevelopment project. The seller is currently working on clearing the site of vehicles, and detailed inspection reports will be available soon for serious inquiries. Secure this "diamond in the rough" and capitalize on the growing Alvadore market today. This property is priced for a quick cash sale. Seller prefers to allow full market exposure through March 24th; however, a strong, early offer may be considered for an expedited sale.
Listing Provided Courtesy of Cheryl Chambers, Hybrid Real Estate
General Information
372261417
SingleFamilyResidence
1
DOM
3
1.19 acres
1
1228
1947
RR1
Lane
1519410
Meadow View
Meadow View
Willamette
Residential
SingleFamilyResidence
17-05-03-11-01501
Listing Provided Courtesy of Cheryl Chambers, Hybrid Real Estate
Krishna Realty data last checked: Mar 18, 2026 05:57 | Listing last modified Mar 17, 2026 14:27,
Source:
Attention Investors: High-upside opportunity on a 1.19 acre lot in the heart of Alvadore! This unique property features two legally established dwellings (built prior to 1967), offering rare dual-income potential for a primary residence plus rental or multi generational living. Positioned with stunning Coast Range sunset views between the Eugene Airport and Fern Ridge Lake, the oversized lot provides potential for division — buyer to perform all due diligence regarding zoning and partition. Key infrastructure is already in place, including a newer well pump (approx. 5 years) and a recent electrical panel and water heater in the front unit. While the structures require remediation—specifically addressing dry rot and the heat source—the underlying land value and location in this high-demand bedroom community make it a prime candidate for a rehab or redevelopment project. The seller is currently working on clearing the site of vehicles, and detailed inspection reports will be available soon for serious inquiries. Secure this "diamond in the rough" and capitalize on the growing Alvadore market today. This property is priced for a quick cash sale. Seller prefers to allow full market exposure through March 24th; however, a strong, early offer may be considered for an expedited sale.
