Investment potential or dream home-this South University gem offers unmatched flexibility in one of Eugene's most sought-after neighborhoods. Just blocks from the University of Oregon, parks, and restaurants, this inviting home features 3 bedrooms, 2 full baths, and a versatile den with exterior access that can serve as an office or 4th bedroom. Oak and fir hardwoods, a spacious kitchen with dining nook, and a formal dining room highlight its timeless character. Recent upgrades include a new roof, furnace/heat pump, water heater, decking, windows, driveway with French drain, and full under-home insulation. A detached, heated studio with alley access and power provides the perfect space for a home office, guest suite, or creative retreat. The home sits at the rear of an extra-deep lot with potential for an ADU or additional dwelling. With a pre-listing inspection completed and repairs addressed, this move-in ready property delivers peace of mind-and the rare opportunity to own in this prime location won't last long.