$2,449,000
SOLD AUG 26, 2025

1237 Ferry St Eugene, OR 97401

16 Beds
9 Baths
11,266 Sq Ft
0.37 Acres

Recently Sold

$217 Per Sq Ft

2% Below List Price

3 Days on Market

Highlights

  • No HOA
  • Level Lot
  • 5-minute walk to West University Park
  • Edison Elementary School Rated A-
  • No Heating

About This Home

As of August 2025

WOW! fantastic, awesome, location, location, location! 17 unit apartment in close to campus location.! solid unit mix! secured exterior common space, variety character! Vintage charm potential. Lots of potential for rent increases! Projected future rents. Fantastic opportunity for acquiring property this close to campus! Hurry won't last! Actual income and expenses are estimates!

Last Agent to Sell the Property

Mike Miller

RE/MAX Integrity Brokerage Phone: 541-345-8100 License #870400142 Listed on: 04/01/2025

RE/MAX Integrity

Last Buyer's Agent

Mike Miller

RE/MAX Integrity Brokerage Phone: 541-345-8100 License #870400142 Listed on: 04/01/2025

RE/MAX Integrity

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,572

Year Built

  • Built in 1962

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 160x100
  • Level Lot

Interior Spaces

  • 11,266 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 9 Bathrooms

Parking

  • 17 Parking Spaces
  • Carport
  • Paved Parking

Schools

  • Edison Elementary School
  • Roosevelt Middle School
  • South Eugene High School

Utilities

  • No Cooling
  • No Heating

Listing and Financial Details

  • Rent includes sewer, water
  • Assessor Parcel Number 0284875

Community Details

Overview

  • No Home Owners Association
  • 17 Units
  • Campus Subdivision

Building Details

  • Operating Expense $85,268
  • Gross Income $243,624
  • Net Operating Income $158,356

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,572

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1962
  • Property Condition: Existing
  • Property Attached Yn: No
  • Current Price For Status: 2449000.0
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Other
  • Storage: None
  • Total Bedrooms: 16
  • Lot Size Range: SqFt15000to19999

Exterior Features

  • Exterior Description: Other
  • Lot Size: 15,000 to 19,999 SqFt
  • Foundation Details: Other
  • View: No
  • Lot Features: Level
  • Road Surface Type: Paved
  • Roof: Other

Garage/Parking

  • Parking Description: Carport, Paved
  • Attached Garage: No
  • Total Parking Spaces: 17.0

Utilities

  • Fuel Description: Other
  • Security: None
  • Cooling Y N: No
  • Heating: Other
  • Heating Yn: No
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Edison
  • High School: South Eugene
  • Middle Or Junior School: Roosevelt

Lot Info

  • Zoning: R-4,C-2
  • Lot Size Acres: 0.37
  • Lot Size: 160X100
  • Lot Size Sq Ft: 16117.0
  • Parcel #: 0284875

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 20572.0
  • Tax Opportunity Zone: No

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4, UnitTypeType5, UnitTypeType6, UnitTypeType7, UnitTypeType8, UnitTypeType9
  • Number Of Units Total: 17
  • Gross Rent Multiplier: 10.26
  • Annual Gross Income: 243624.0
  • Property Net Operating Income: 158356.0
  • Annual Operating Expense: 85268.0
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Property History

Date Event Price List to Sale Price per Sq Ft
08/26/2025 08/26/25 Sold $2,449,000 -2.0% $217 / Sq Ft
04/04/2025 04/04/25 Pending -- -- --
04/01/2025 04/01/25 For Sale $2,500,000 -- $222 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Mike Miller

    Seller's Agent in 2025

    Mike Miller

    RE/MAX

    (541) 954-4454

    75 Total Sales

    Mike Miller
    Section Image
See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 739565076

Regional Multiple Listing Service (RMLS)
Oregon Lane County Eugene 97401

1237 Ferry St, Eugene, OR

Sold

MultiFamily

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.

Nearby Homes