$515,000
- 5 Beds
- 3 Baths
- 2,999 Sq Ft
- 1233 W 8th Ave
- Eugene, OR
Fully leased Triplex Investment Property in Eugene. Well situated close to shopping, schools, bus-line, and downtown. DO NOT DISTURB RESIDENTS
Darren Stone Jennings Group Inc
1290 W 5th Ave Eugene, OR 97402
Whiteaker NeighborhoodEstimated Value: $404,799 - $576,000
4
Beds
2
Baths
2,016
Sq Ft
$244/Sq Ft
Est. Value
Highlights
- Fireplace
- Wood Siding
- 4-minute walk to Scobert Gardens
About This Home
As of December 20161290 W. 5th Ave and 501 Polk St. (basement). Hard to find legal duplex in the heart of the Brewery District. Vintage Whiteaker bungalow in a great neighborhood. Upstairs rents for $1125/mo, basement for $950/mo. Great as owner occupied, investment or Airbnb unit. Located close to breweries, nightlife, restaurants and more. Off-street parking for both units. Incl large front porch deck.
Last Agent to Sell the Property
RealtyNET, LLC License #200202047 Listed on: 09/02/2016
Last Buyer's Agent
Fawn Faribault
ICON Real Estate Group License #910300101
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,626
Year Built
- Built in 1914
Lot Details
- 4,138
Home Design
- Wood Siding
Interior Spaces
- Fireplace
- Range
Utilities
- Electric Water Heater
Community Details
- 2 Units
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 2, 2016
Closed on
Dec 12, 2016
Sold by
Sorenson Eric
Bought by
Verani John Ted and Verani Kathleen Lee
Seller's Agent
Greg Messick
RealtyNET, LLC
Buyer's Agent
Fawn Faribault
ICON Real Estate Group
List Price
$309,000
Sold Price
$290,000
Premium/Discount to List
-$19,000
-6.15%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$200,950
Avg. Annual Appreciation
6.00%
Original Mortgage
$203,000
Interest Rate
3.47%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 1, 2006
Sold by
Lull Curtis Dean
Bought by
Sorenson Eric
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
6.57%
Mortgage Type
Seller Take Back
Similar Homes in Eugene, OR
-
$625,000
- 2 Beds
- 1 Bath
- 2,810 Sq Ft
- 1652 W Broadway
- Eugene, OR
New price! Check out this Tri-plex in a central location! Located just minutes from the University of Oregon, Amazon Park, and so much more! The balconies/patios for each unit make for lovely personal outdoor spaces. Units are equipped with washer/dryer hookups, fridge, stove, and dishwasher. Each unit has their own water meter. Fully leased with long term tenants.
Javan Gray Emerald Property Management In
-
$439,000
- 4 Beds
- 2 Baths
- 2,218 Sq Ft
- 561 Madison St
- Eugene, OR
New Price! $439,000. Great investment opportunity with this Jefferson Westside/Whiteaker Neighborhood duplex that's ready for owner occupied buyers who want to live downtown with a great walk-score! The rental income can help pay your mortgage: each unit offers 2 bedrooms and 1 full bathroom. The main level unit has a fireplace, coved ceilings, and a covered front porch. 4 driveway parking spaces
Kit Sixel Sixel Real Estate
-
$462,500
- 4 Beds
- 3 Baths
- 1,812 Sq Ft
- 171 Monroe St
- Eugene, OR
Charming Whiteaker Tri-Plex with loads of potential and plenty of personality. Situated near the lively heart of Eugene’s iconic Whiteaker neighborhood, this one-of-a-kind tri-plex offers vintage vibes and serious upside. The front home—a classic from the early 1900s—oozes character, while two cozy, two-story units behind (a studio and a one-bedroom) add extra flexibility and income potential. A
bess blacquiere Better Homes and Gardens Real Estate Equinox
-
$475,000
- 4 Beds
- 2 Baths
- 1147 W 11th Alley
- Eugene, OR
Located in the W. Jefferson area this duplex has a lot to offer. Centrally located and ready to go! Private courtyard, with additional storage and new carport with ample of off-street parking. Both units are currently being rented at this time!
Joshua Glaspie ICON Real Estate Group
-
$385,000
- 4 Beds
- 3 Baths
- 427 Washington St
- Eugene, OR
Unique development opportunity in downtown Eugene. Seller has preliminary plans drawn for a 20 unit apartment or up to a 69 unit single room occupancy complex. Drawings can be provided upon request. Package deal can be made if 490 W 4th ave is also purchased with 427 Washington. Great walk & bike-score! Near The Owen Rose Garden, Downtown Shops, Whiteaker Breweries, the Willamette River, and
Kit Sixel Sixel Real Estate
-
$395,000
- 3 Beds
- 2 Baths
- 490 W 4th Ave
- Eugene, OR
Unique development opportunity in downtown Eugene. Seller has preliminary plans drawn for a 20 unit apartment or up to a 69 unit single room occupancy complex. Drawings can be provided upon request. Package deal can be made if 427 Washington is also purchased with 490 W 4th ave. Great walk & bike-score! Near The Owen Rose Garden, Downtown Shops, Whiteaker Breweries, the Willamette River, and
Kit Sixel Sixel Real Estate
-
$385,000
- 4 Beds
- 2 Baths
- 1,828 Sq Ft
- 3118 Richard Ave
- Unit 1
- Eugene, OR
This is a great opportunity for an owner occupied buyer or an investor. The duplex has been updated & maintained well by the owners. Both tenants are month to month & would like to stay. In 2018 the owner did: New siding & ext paint, new plumbing, new HVAC, new electrical & new appliances. Both units probably need interior paint & carpet.. Joint laundry room shared by both uints. Front unit has
Tim Duncan Tim Duncan Real Estate
-
$435,901
- 4 Beds
- 2 Baths
- 1,887 Sq Ft
- 1702 River Rd
- Eugene, OR
Wow this is how to do it. Owner lives in main floor unit offering 2 bedrooms , 1 bath. The rental unit is upstairs and offers 2 bedrooms , 1 bath. Large fenced yard and driveway parking. Rental unit has a private entrance. Kitchen and bath on main floor have been updated. Also hard wood floors on main floor. The possibilities are endless. Long term tenant would like to stay.
PAM DIETZ Keller Williams Realty Eugene and Springfield
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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Verani John Ted | $290,000 | Cascade Title Company | |
| Sorenson Eric | $235,000 | Cascade Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Verani John Ted | $203,500 | |
| Closed | Verani John Ted | $203,000 | |
| Previous Owner | Sorenson Eric | $55,000 | |
| Previous Owner | Sorenson Eric | $205,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/13/2016 12/13/16 | Sold | $290,000 | -6.1% | $144 / Sq Ft |
| 10/16/2016 10/16/16 | Pending | -- | -- | -- |
| 09/02/2016 09/02/16 | For Sale | $309,000 | -- | $153 / Sq Ft |
Source: Regional Multiple Listing Service (RMLS)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2023 | $3,626 | $177,614 | $0 | $0 |
| 2022 | $3,397 | $172,441 | $0 | $0 |
| 2021 | $3,190 | $167,419 | $0 | $0 |
| 2020 | $3,202 | $162,543 | $0 | $0 |
| 2019 | $3,092 | $157,809 | $0 | $0 |
| 2018 | $2,911 | $148,750 | $0 | $0 |
| 2017 | $2,780 | $148,750 | $0 | $0 |
| 2016 | $2,685 | $144,417 | $0 | $0 |
| 2015 | $2,558 | $140,211 | $0 | $0 |
| 2014 | $2,516 | $136,127 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Greg Messick
Seller's Agent in 2016
Greg Messick
RealtyNET, LLC
(503) 300-6330
881 Total Sales
-
Buyer's Agent in 2016
Fawn Faribault
ICON Real Estate Group
Map
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 16606635
APN: 0472462
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.
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
- 1242 W 5th Ave
- 1011 W 6th Ave
- 290 Polk St
- 461 Blair Blvd
- 0 W 3rd Alley
- 1233 W 8th Ave
- 912 Van Buren St
- 860 Adams St
- 739 W 5th Ave
- 721 W 5th Ave
- 1652 W Broadway
- 811 W Broadway
- 561 Madison St
- 924 Chambers St
- 171 Monroe St
- 1147 W 11th Alley
- 1760 W Broadway
- 894 W 11th Ave
- 1195 Almaden St
- 70 Jefferson Alley
- 1290 W 5th Ave
- 1274 W 5th Ave
- 525 Polk St
- 541 Polk St
- 1262 W 5th Ave
- 1310 W 5th Ave
- 1275 W 5th Ave
- 491 Polk St
- 561 Polk St
- 1324 W 5th Ave
- 0 Kell's Village 540 Polk Street Units Unit s 01-18
- 1263 W 5th Ave
- 528 Tyler St
- 1303 W 5th Ave
- 1224 W 5th Ave
- 1340 W 5th Ave
- 459 Polk St
- 1241 W 5th Ave
- 540 Tyler St
- 1247 W 6th Ave