Nestled on a quiet corner lot in one of Eugene's most desirable and walkable neighborhoods. Perfectly located on College Hill in the Friendly neighborhood, this 4 bedroom, 2 bathroom home offers a fantastic opportunity for both comfortable living and savvy investment. Just a short stroll from the University of Oregon, this two story residence blends modern updates with original character. The main level features a spacious living area, kitchen, three bedrooms and a full bath. The home's lower level offers ample storage throughout and includes the largest bedroom, a full bathroom, laundry/utility room, and an additional large living area with full kitchenette. The downstairs area also has its own private entrance from the driveway, providing flexibility for a variety of living arrangements. Enjoy the best of both worlds with a home that offers seamless indoor-outdoor living and urban convenience. The exterior deck area is perfect for enjoying a morning coffee & sunrises or watching spectacular evening sunsets. Relax at home knowing you're just a quick walk to numerous Markets, vibrant restaurants, local shops & a beautiful park just a few blocks away, making it easy to enjoy the outdoors without ever getting in your car. Ductless Heating & Cooling System, new Electrical Panel in 2016 plus some newer flooring & paint. Strong Proven Rental demand.
Single-familyProperty Type
1938Year Built
4,356 sq ftLot Size
$400Est. Price/Sq.Ft.
Listed by Donna Hodges• MORE Realty
Contact: 541-974-3216
Bought with River Molyneaux• Windermere RE Lane County
Updated 1938 Bungalow-Contemporary style home in College Hill area has been updated while keeping the charm of yesteryear. Nice size Corner lot. Coved ceilings, wood floors, vinyl windows, Newer roof & some fresh paint. Electrical Panel updated approx 2016. Finished basement. Great separation of space, possible dual living(shared kitchen) & two entry access. Ductless heat/AC. Deck with some westerly views. Master bdrm could be on Main level or lower level.
RMLS #16501177
Nov 2, 2016
Sold
$325,000
$210/sq ft
Oct 11, 2016
Pending
—
Oct 6, 2016
Price Changed
$329,900
$213/sq ft
Sep 21, 2016
Price Changed
$339,900
$220/sq ft
Sep 1, 2016
Price Changed
$349,900
$226/sq ft
Aug 23, 2016
Listed
$359,500
$233/sq ft
PRICE REDUCED! great COLLEGE HILL location! 4 Bedroom/2 Bath home, completely updated while retaining the vintage charm, coved ceilings, wood floors and all new: vinyl windows, ductless heat/AC, electric panel, interior paint, and great deck with westerly views. Good separation of space with just completed large family room, bedroom, bathroom and utility. Adams, Roosevelt, South Eugene High School. Move-in ready. call for showing.
RMLS #14671473
Feb 27, 2015
Sold
$259,900
$168/sq ft
Nov 28, 2014
Pending
—
Nov 2, 2014
Relisted
—
Nov 2, 2014
Price Changed
$259,900
$168/sq ft
Oct 28, 2014
Delisted
—
Jul 28, 2014
Listed
$277,500
$179/sq ft
Public Records
Apr 18, 2008
Sold
$50,000
$32/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$3,159 (+1.3%)
2024
$3,120 (+2.6%)
2023
$3,040 (+4.0%)
2022
$2,922 (+6.5%)
2021
$2,745 (−0.4%)
2020
$2,755 (+3.5%)
2019
$2,660 (+6.2%)
2018
$2,504 (+4.7%)
2017
$2,392 (+1.4%)
2016
$2,359
Tax history for 518 W 23rd Ave
Year
Property tax
Land + Additions
Assessment*
2025
$3,159 (+1.3%)
2024
$3,120 (+2.6%)
2023
$3,040 (+4.0%)
2022
$2,922 (+6.5%)
2021
$2,745 (−0.4%)
2020
$2,755 (+3.5%)
2019
$2,660 (+6.2%)
2018
$2,504 (+4.7%)
2017
$2,392 (+1.4%)
2016
$2,359
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
3
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
4,356 Sq. Ft.
Year renovated
1984
Sq. Ft.
1,546
Year built
1938
Style
Single Family Residential
County
Lane County
APN
1878006
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 19, 2026.
R-1
Low-Density Residential Zone
The purpose of the R-1 Low-Density Residential zone is to implement the comprehensive plan by providing areas for low-density residential use. The R-1 zone is designed for single-unit dwellings with some allowance for other types of dwellings and middle housing and is also intended to provide a limited range of non-residential uses that can enhance the quality of low-density residential areas.
Permitted uses
Include but are not limited to:
Greenhouse / nursery
Housing-Single unit
Housing-Multiple units
Housing-Senior
Infrastructure-Other
Public service
Fire house
Agriculture-Cropland
Agriculture-Grove / orchard / vineyard
Property details
Parking
Parking Information
Parking Features: Driveway, On Street
Interior
Appliances
Appliances: Disposal, Free-Standing Gas Range, Free-Standing Refrigerator, Gas Appliances, Stainless Steel Appliance(s)