Still would have the same inductance of the component. Has been done with components integrated into the board in layers, normally some esoteric high value boards, where they silk screened resistors onto inner layers, so that they could be fully shielded with a ground plane either side, and integrated capacitors as well. For a multilayer board going to be doable, but will not be a part you can autoplace, you would need to place each one, solder the one side, then solder the other, and still have to worry about flux residue in the hole causing problems down the line. But if you want, just make 2 plated vias next to each other, and mill the gap between them, like in a mouse bite, and then you can slip the component sideways in and get it soldered and cleanable. Might even be able to use solder paste dots each side, and slip the component in, and let the flux and surface tension hold the component in place during reflow.
Only thing I can see this doing well is to put capacitors onto a BGA pin, where you have an internal to the BGA power feed, and want a low inductance ground, using a larger hole to expose the ball, and having the BGA package glued to the board, so the capacitor can stay in place for reflow. But even there easier to simply route the via to the capacitor, as a capacitor that critical is better integrated into the BGA interposer itself, or on die as a silicon capacitor.