This is a hard-to-find small-scale infill site built for local builders seeking a clean, efficient residential project in a proven rental pocket of Eugene. Located at W. 15th Avenue and Olive Alley, the flat, rectangular parcel is zoned R-3 for up to six units, with potential upside through rezoning to R-4 for higher density. The site is alley-served, utilities are available, and the surrounding neighborhood is already built out, eliminating entitlement uncertainty common with fringe development. Minutes to downtown, the Eugene Public Library, Hult Center, and Lane County Fairgrounds, this property offers a rare chance to control a well-located urban lot sized correctly for a 4–6 unit build without competing against institutional buyers for larger sites The property has strong upside potential with R-4 zoning, allowing up to 13 units.