Listing provided courtesy of Works Real Estate- MLS# 346012767MLS ProviderContact Information: [email protected]

287 E 3RD STLowell, OR 97452

Single Family · 2 Beds · 1 Full Bath · 952 Sq. ft. | 2.12 Acres
$1,150,000 Active

287 E 3RD ST Overview

Time on Site:
216 days
Visits:
8

Exceptional development opportunity in Lowell, just 20 minutes from Eugene. This 2.12-acre parcel includes tentative subdivision approval with the City of Lowell for 11 total lots, offering builders and investors a major head start on a highly desirable small-scale subdivision. The property also includes an existing newly remodeled 2 bedroom home that is currently rented month-to-month, providing income during the development process. The site is largely cleared, utilities are nearby, soils are favorable, and the project aligns with Lowell's current residential growth needs.This is an ideal opportunity for a builder or developer seeking a manageable, profitable project supported by city momentum. More information regarding pre approval packet with the City of Lowell, engineers concept plans, and city correspondence available.

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287 E 3RD ST Facts & Features

  • Type Single Family
  • Sq. ft. 952
  • Price/Sq.ft. $1,208
  • Lot 2.12 Acres

Details

General

School Information

  • Elementary School: Pleasant Hill
  • Middle Or Junior School: Lowell
  • High School: Lowell

Building Information

  • Year Built: 1963

Location/Region

  • Country: US
  • County Or Parish: Lane
  • MLS Area Major: 234 - Lane Co: Pleasant Hill / Oakridge

Tax Information

  • Tax Annual Amount: 2548.39
  • Tax Year: 2024

General Information

  • Disclosures: Disclosure
  • Listing Terms: Cash,Conventional
  • Parcel Number: 0814663
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Zoning: R-3

Interior

Parking Information

  • Garage Spaces: 2.0

Beds/Baths

  • Bathrooms Full: 1
  • Bathrooms Partial: 0
  • Bathrooms Total: 1
  • Bedrooms Total: 2

Building Interior

  • Building Area Total: 952.0

General Information

  • Appliances: Appliance Garage,Built-in Range,Dishwasher,Free-Standing Refrigerator,Range Hood,Stainless Steel Appliance(s)
  • Basement: None
  • Cooling: Mini Split
  • Heating: Mini Split
  • Interior Features: Hardwood Floors,Laminate Flooring,Vinyl Floor,Washer/Dryer
  • Stories: 1

Exterior

Parking Information

  • Parking Features: Driveway,Off Street
  • Parking Total: 2.0

Lot Information

  • Lot Features: Cleared,Level
  • Lot Size Acres: 2.12
  • Lot Size Square Feet: 92347.0
  • Road Surface Type: Gravel,Paved
  • Water Source: Public Water

Waterfront/View

  • Water Body Name: Dexter Lake

Building Exterior/Construction

  • Architectural Style: 1 Story,Contemporary
  • Roof: Composition

General Information

  • Exterior Features: Yard
  • Sewer: Public Sewer

287 E 3RD ST Neighborhood

Community

97452 (Lowell) Demographics

48
Median Age
52
Population Density (per sq. mile)
32%
College Educated
$70,600
Estimated Median Income
538
Estimated Total Home Owners
56
Estimated Total Renters
91% / 9%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

287 E 3RD ST Market Data

Based on the last 30 days in this zip code

$688,162
Average List Price
$416
Average Price per Square Foot
2
Properties Sold
52
Average Days on Market
8
Properties for Sale
Calculations provided by Reliance Network

287 E 3RD ST History

Date Event Value Agent
1/28/2026Source: Regional MLS Price Reduction
$1,150,000 -15.1%
11/26/2025Source: Regional MLS Added to Database
November 26, 2025