NOT LISTED FOR SALE
12 Beds
7 Baths
6,076 Sq Ft
1962 Built

Sale Details

Date Sold: February 9, 2024

Last sale price $1,400,000 $230 Per Sq Ft

65 Days on Market

Highlights

  • View of Trees or Woods
  • Landscaped with Trees
  • Heating unit installed on the ceiling
  • Adams Elementary School Rated A-
  • Property is near bus stop
  • Laundry Facilities

About This Home

As of February 2024

Don't miss your chance to become the proud owner of a prime 7-unit investment property nestled in the highly sought-after downtown Eugene area. Boasting a robust rental history and an impressive track record of low vacancy rates, these units offer an exceptional investment opportunity with boundless potential. Convenience is key, as the property features on-site laundry facilities and generously sized living areas within each unit. Residents will relish the proximity to various shopping options, convenient access to bus lines, and a plethora of other amenities at their fingertips. Seize this golden opportunity to make a wise investment in a thriving location! Please do not disturb tenants.

Last Agent to Sell the Property

Josh Cooley

Keller Williams The Cooley Real Estate Group License #200709155 Listed on: 07/28/2023

Keller Williams The Cooley Real Estate Group

Co-Listed By

Brian House

Keller Williams The Cooley Real Estate Group License #201220849

Keller Williams The Cooley Real Estate Group

Last Buyer's Agent

Brian House

Keller Williams The Cooley Real Estate Group License #201220849

Keller Williams The Cooley Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,578

Year Built

  • Built in 1962

Parking

  • Assigned Parking

Home Design

  • Flat Roof Shape
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Views of Woods
  • Dishwasher

Lot Details

  • Level Lot
  • Landscaped with Trees

Location

  • Property is near bus stop

Schools

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

Utilities

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

Listing and Financial Details

  • Rent includes sewer, trashcollection, water
  • Assessor Parcel Number 0270155

Community Details

Overview

  • 7 Units

Amenities

  • Common Area
  • Laundry Facilities

Building Details

  • Operating Expense $19,704
  • Gross Income $114,600
  • Net Operating Income $94,896

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,578

Year Built

Built in 1962

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1962
  • Property Condition: Approximately
  • Property Attached Yn: No
  • Current Price For Status: 1400000.0
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Storage: None
  • Lot Size Range: SqFt7000to9999

Exterior Features

  • Exterior Description: WoodSiding
  • Lot Size: 7,000 to 9,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: Yes
  • Lot Features: Commons, Level, OnBusline, Trees
  • Road Surface Type: Paved
  • Disclosures: Exempt
  • Roof: Flat
  • View: TreesWoods

Garage/Parking

  • Parking Description: Assigned
  • Attached Garage: No

Utilities

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

Condo/Co-op/Association

  • Community Features: Commons, Laundry

Schools

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

Lot Info

  • Zoning: R-3
  • Parcel #: 0270155

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, TrashCollection, Water

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 6577.51

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4, UnitTypeType5, UnitTypeType6, UnitTypeType7
  • Number Of Units Total: 7
  • Gross Rent Multiplier: 12.22
  • Annual Gross Income: 114600.0
  • Property Net Operating Income: 94896.0
  • Annual Operating Expense: 19704.0
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/09/2024 02/09/24 Sold $1,400,000 0.0% $230 / Sq Ft
10/03/2023 10/03/23 Off Market $1,400,000 -- --
10/02/2023 10/02/23 Pending -- -- --
07/28/2023 07/28/23 For Sale $1,475,000 +40.5% $243 / Sq Ft
12/06/2021 12/06/21 Sold $1,050,000 -12.5% $173 / Sq Ft View Prior Sale
10/01/2021 10/01/21 Pending -- -- --
09/24/2021 09/24/21 Price Changed $1,200,000 -7.7% $197 / Sq Ft
08/26/2021 08/26/21 Price Changed $1,300,000 -18.8% $214 / Sq Ft
08/06/2021 08/06/21 For Sale $1,600,000 -- $263 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $7,110 $364,893 -- --
2024 $7,021 $354,266 -- --
2023 $7,021 $343,948 $0 $0
2022 $6,578 $333,931 $0 $0
2021 $6,178 $324,205 $0 $0
2020 $6,200 $314,763 $0 $0
2019 $5,988 $305,596 $0 $0
2018 $5,636 $288,054 $0 $0
2017 $5,384 $288,054 $0 $0
2016 $5,250 $279,664 $0 $0
2015 $5,099 $271,518 $0 $0
2014 $4,997 $263,610 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23005157

Regional Multiple Listing Service (RMLS)
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