$2,500,000
PENDING

1237 Ferry St Eugene, OR 97401

Estimated payment $15,402/month

Total Views 2,394
16 Beds
9 Baths
11,266 Sq Ft
$222 Price per Sq Ft

Highlights

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

About This Home

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!

Listing 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

  • 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: Pending
  • MLS Status: Pending
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1962
  • Property Condition: Existing
  • Property Attached Yn: No
  • 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
  • Assessor Parcel Number 2: 0284834

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

Map

Range of Values:

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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
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)

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 739565076

Regional Multiple Listing Service (RMLS)