👑 Southwest Eugene Development | Middle Housing Potential 👑
Price: $246,000
Opportunities like this don’t come around often. The real value is in the 0.21-acre lot and its middle housing development potential, giving investors the chance to create far more value than a typical renovation. Whether you choose to renovate the existing home while developing the back portion of the lot or pursue a larger redevelopment strategy, there are multiple ways to maximize your return. The house needs major repairs, including a new roof and foundation work, making this a deal that’s better suited for investors looking to capitalize on the land’s potential rather than a simple cosmetic flip. With a prime location just minutes from downtown Eugene and close to schools, parks, grocery stores, and daily conveniences, this is a rare opportunity to unlock significant upside.
ARV: $380,000 – $400,000
2145 Arthur St, Eugene, OR 97405
2 beds | 1 bath | 956 sqft
0.21-acre lot
House flip with potential for development on the back portion of the lot
Middle housing development opportunity
Minutes from downtown Eugene
Close to schools, grocery stores and daily conveniences
Near parks and bike routes
Needs:
Major repairs
New roof
Foundation work (seller has a $20,000 foundation repair bid)
A similar property was sold for $350K based on its development potential. The buyer built 4 units behind the house and sold each one for approximately $155K.
Link to Property Information doc: https://tinyurl.com/PropertyinfoArthur
Public Walkthrough on 7/10 at 1 PM
Closing date: 7/23/2026 – Cash and hard money only, 10,000 EM deposit upon mutual acceptance. Buyer to pay closing costs.
Please contact us via DM or call if you have any other questions (503) 404-4532.
Cash or hard money only, price is net to seller, buyer pays all closing costs, property sold in as-is condition, buyer is responsible for their own due diligence and verifying all facts and figures in regards to purchasing the property. Wholesale King does not allow for buyers to reassign or sell to a third party prior to close. Opinion of value and breakdown spreadsheet is given as a courtesy only as seller makes no guarantees or warranties, express or implied, as to the value, condition, remodel cost, and/or any costs or fees associated with selling or investing in this property. Members of selling entity are real estate licensee’s in the State of Oregon and Washington. Real Estate Licensee and/or associated brokerage are not acting in any role as real estate broker or as a brokerage of this transaction. No brokers are receiving compensation as part of this Agreement and are not representing any party.
