$2,410,000

1230 W 7th Ave Eugene, OR 97402

Jefferson Westside Neighborhood

Estimated payment $13,361/month

3 Beds
3 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • 0.39 Acre Lot
  • Heating unit installed on the ceiling
  • Wood Siding
  • Security Gate

About This Home

Fully leased and Professionally Managed Apartment Community on .39 Acres.Recent capital improvements by owner, including: security gates, 2nd Floor railings, exterior paint, and new membrane roofs on both buildings. 5.7% cap rate on actual income and expense, 6.4% Cap rate on current turnover rent. DO NOT DISTURB RESIDENTS

Listing Agent

Darren Stone

Jennings Group Inc License #201006104 Listed on: 10/02/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,996

Year Built

  • Built in 1968

Lot Details

  • 0.39 Acre Lot

Parking

  • Off-Street Parking

Home Design

  • Membrane Roofing
  • Wood Siding
  • Plywood Siding Panel T1-11

Interior Spaces

  • 2-Story Property
  • Security Gate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Schools

  • Cesar Chavez Elementary School
  • Arts & Tech Middle School
  • Churchill High School

Utilities

  • No Cooling
  • Heating unit installed on the ceiling
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 0473510

Community Details

Overview

  • 16 Units

Building Details

  • Operating Expense $61,006
  • Gross Income $198,782
  • Net Operating Income $137,776

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,996

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1968
  • Property Condition: Existing
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 3
  • Lot Size Range: SqFt15000to19999

Exterior Features

  • Exterior Description: T111Siding,WoodSiding
  • Lot Size: 15,000 to 19,999 SqFt
  • View: No
  • Roof: Membrane

Garage/Parking

  • Parking Description: OffStreet
  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Security: SecurityGate
  • Cooling Y N: No
  • Heating: Ceiling
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Cesar Chavez
  • High School: Churchill
  • Middle Or Junior School: Arts & Tech

Lot Info

  • Zoning: C-2
  • Lot Size Acres: 0.39
  • Lot Size Sq Ft: 16988.0
  • Parcel #: 0473510

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: MaintenanceGrounds, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 6995.67

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3
  • Number Of Units Total: 16
  • Gross Rent Multiplier: 12.12
  • Annual Gross Income: 198782.0
  • Property Net Operating Income: 137776.0
  • Annual Operating Expense: 61006.0

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2025 10/02/25 For Sale $2,410,000 -- --
Source: Regional Multiple Listing Service (RMLS)

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 472695265

Regional Multiple Listing Service (RMLS)
Oregon Lane County Eugene 97402 Jefferson Westside

1230 W 7th Ave, Eugene, OR

This home is located at 1230 W 7th Ave, Eugene, OR 97402 and is currently priced at $2,410,000. This property was built in 1968. 1230 W 7th Ave is a home located in Lane County with nearby schools including Cesar Chavez Elementary School, Arts And Technology Academy At Jefferson, and Churchill High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Regional Multiple Listing Service (RMLS) The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.

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Darren Stone
Listing Agent
Darren Stone
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Jennings Group Inc
(458) 251-4846