NOT LISTED FOR SALE
-- Bed
-- Bath
-- Sq Ft
0.25 Acres

Last Sold April 30, 2024

Last sale price $1,650,000

1 Day on Market

Highlights

  • No HOA
  • Baseboard Heating
  • 4-minute walk to Washburne City Park
  • Edison Elementary School Rated A-

About This Home

As of April 2024

Once is a lifetime opportunity to own this 8 unit building with room for 6 more units per the city and is currently under rented. All units are 2 bed 1 bath with dish washer washer/dryer. Only vacancies at time of turnover. Buyer and buyers agent to do their own due diligence. Do not disturb the tenants.

Last Agent to Sell the Property

Ken Martinson

Windermere RE Lane County Brokerage Phone: License #840500148 Listed on: 02/26/2024

Windermere RE Lane County

Last Buyer's Agent

Sandra Boyst

ICON Real Estate Group License #201208715

ICON Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,610

Year Built

  • Built in 1959

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 97 x111

Home Design

  • Slab Foundation
  • Composition Roof
  • Plywood Siding Panel T1-11

Interior Spaces

  • 2-Story Property
  • Security Lights

Parking

  • 8 Parking Spaces
  • Paved Parking
  • Off-Street Parking

Schools

  • Roosevelt Middle School
  • South Eugene High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Rent includes ground maintenance, sewer, trashcollection, water
  • Assessor Parcel Number 0595007

Community Details

Overview

  • No Home Owners Association
  • 8 Units

Building Details

  • Operating Expense $49,100
  • Gross Income $111,600
  • Net Operating Income $69,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,610

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1959
  • Property Condition: Existing
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Storage: None
  • Lot Size Range: SqFt10000to14999

Exterior Features

  • Exterior Description: Plywood
  • Lot Size: 10,000 to 14,999 SqFt
  • Foundation Details: Slab
  • View: No
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Parking Description: OffStreet, Paved
  • Attached Garage: No
  • Total Parking Spaces: 8.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Security: SecurityLights
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Community Features: FrontYardLandscaping
  • Association: No

Schools

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

Lot Info

  • Zoning: R3
  • Lot Size Acres: 0.25
  • Lot Size: 97 X111
  • Lot Size Sq Ft: 10890.0
  • Parcel #: 0595007

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: MaintenanceGrounds, Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 12609.64

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3
  • Number Of Units Total: 8
  • Gross Rent Multiplier: 15.23
  • Annual Gross Income: 111600.0
  • Property Net Operating Income: 69900.0
  • Annual Operating Expense: 49100.0

Range of Values:

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Sold Price
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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
04/30/2024 04/30/24 Sold $1,650,000 -2.9% --
02/28/2024 02/28/24 Pending -- -- --
02/26/2024 02/26/24 For Sale $1,700,000 -- --
Source: Regional Multiple Listing Service (RMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24229907

Regional Multiple Listing Service (RMLS)