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$1,355,000
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Property Description
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.
Full Property Details
Full Property Details for 287 E 3rd St
General
- Price: $1,355,000
- Taxes: $2,548 (2024)
- Status: Active
- Type: Single Family
- Source: RWMLS
- MLS ID: 346012767
- Updated: 12/2/2025
- Added to Site: 51 day(s) ago
Interior
- Interior Features: Hardwood Floors, Laminate Flooring, Vinyl Floor, Washer/Dryer
- Appliances: Appliance Garage, Built-in Range, Dishwasher, Free-Standing Refrigerator, Range Hood, Stainless Steel Appliance(s)
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Main - Full Baths: 1
Bedrooms
- Total Bedrooms: 2
- Primary Bedroom: Main
- Bedroom 2: Main
Other Rooms
- Living Room: Main
- Kitchen: Main
- Dining Room: Main
Exterior
- Exterior Features: Yard
Parking
- Garage: Yes
- Attached garage: Yes
- Total Spaces: 2
- Parking Features: Driveway, Off Street
Location
- County: Lane
- Driving Directions: in Lowell turn on E 3rd st.
School Information
- Elementary School: Pleasant Hill
- Middle School: Lowell
- High School: Lowell
Community
- Community Name: 234 - Lane Co: Pleasant Hill / Oakridge
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Mini Split
- Heating Type: Mini Split
- Heating Fuel: Electricity
Utilities
- Sewer: Public Sewer
- Water: Public Water
Structural Information
- Property Detached: Yes
- Architectural Style: 1 Story, Contemporary
- Basement Desc.: None
- Roof: Composition
- Stories/Levels: 1
- Square Feet: 952
- Year Built: 1963
- Property Condition: Updated/Remodeled
Lot Features
- Lot Size (Acres): 2.12
- Lot Size (Sq. Ft.): 92,347
- Lot Size: 1 to 2.99 Acres
- Frontage: Gravel, Paved
- Lot Features: Cleared, Level
Water Features
- Water Front Name: Dexter Lake
Financial Considerations
- Tax Amount: $2,548.39
- Tax Year: 2024
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: TL 01600
- Disclosures/Reports: Disclosure
- Property ID: 814663
Listed by Works Real Estate (503) 714-7053, Jody Spier (541) 556-4964
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Schools
Schools serving 287 E 3rd St
School District:Lowell School District 71
| Name | Grades | Distance |
|---|---|---|
Lundy Elementary School 45 South Moss Street, Lowell, OR 97452 | K-6 | 0.4 mi |
Lowell Junior/Senior High School 65 South Pioneer Street, Lowell, OR 97452 | 7-12 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 287 E 3rd St
Date
Details
Price
Change
Source
11/26/2025
Listed
$1,355,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 287 E 3rd St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,902
14%
$186,393
3%
2024
$2,548
3%
$180,965
3%
2023
$2,482
7%
$175,695
6%
2021
$2,328
-3%
$165,610
-3%
2022
$2,393
3%
$170,578
6%
2021
$2,328
7%
$160,787
3%
2019
$2,169
3%
$156,104
3%
2018
$2,102
13%
$151,558
3%
2017
$1,860
3%
$147,144
3%
2016
$1,806
2%
$142,858
3%
2015
$1,771
2%
$138,697
3%
2014
$1,740
3%
$134,657
3%
2013
$1,690
—
$130,735
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 287 E 3rd St
287 E 3rd St, Lowell, OR 97452 (MLS# 346012767) is a Single Family property with 2 bedrooms and 1 full bathroom. 287 E 3rd St is currently listed for $1,355,000 and was received on November 26, 2025. Want to learn more about 287 E 3rd St? Do you have questions about finding other Single Family real estate for sale in Lowell? You can browse all Lowell real estate or contact a Coldwell Banker agent to request more information.

