$1,595,000
PENDING

1479 High St Eugene, OR 97401

Estimated payment $9,484/month

Total Views 2,048
13 Beds
6 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • No HOA
  • Storage
  • Laundry Facilities
  • Edison Elementary School Rated A-
  • Forced Air Heating System
  • Level Lot

About This Home

Don't miss out on this type of rare to market West University neighborhood small complex investment opportunity! 9 unit 2- bedroom apartment building and stand alone 3 bedroom house on same Tax Lot Zoned R-3. Walking distance for residence to all the amenities the University of Oregon Campus and East downtown corridor have to offer. Features include off street tenant parking, value add unit exterior storage closets, and on-site coin laundry. Stable, professionally managed long term tenancy rental history with plenty of potential for short and long term up-side on your investment. Fully leased on month to month rental contracts - Please do not disturb tenants.

Listing Agent

Matt Bryson

METCO Investment Realty Inc License #201209720 Listed on: 10/02/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,729

Year Built

  • Built in 1969

Lot Details

  • 0.29 Acre Lot
  • Level Lot

Home Design

  • Slab Foundation
  • Stem Wall Foundation
  • Composition Roof
  • Wood Siding
  • Lap Siding
  • Stucco Exterior
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Storage
  • Basement Fills Entire Space Under The House
  • Security Lights

Bedrooms and Bathrooms

  • 13 Bedrooms
  • 6 Bathrooms

Parking

  • Paved Parking
  • Off-Street Parking

Schools

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

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating unit installed on the ceiling
  • Heating System Uses Gas
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Assessor Parcel Number 0275857

Community Details

Overview

  • No Home Owners Association
  • 10 Units
  • West University Subdivision
  • Property managed by Metco Investment Realty, Inc

Amenities

  • Laundry Facilities

Building Details

  • Operating Expense $49,683
  • Gross Income $145,172
  • Net Operating Income $95,489

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,729

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Standard Status: Pending
  • MLS Status: Pending
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1969
  • Property Condition: Existing
  • Property Attached Yn: No
  • Current Price For Status: 1595000.0
  • Open House: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: FullBasement, None
  • Storage: IndividualStorageUnits
  • Total Bedrooms: 13
  • Lot Size Range: SqFt10000to14999

Exterior Features

  • Exterior Description: HardConcreteStucco,LapSiding,WoodSiding
  • Lot Size: 10,000 to 14,999 SqFt
  • Foundation Details: ConcretePerimeter, Slab, StemWall
  • View: No
  • Lot Features: Level
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Parking Description: OffStreet, Paved
  • Attached Garage: No

Utilities

  • Fuel Description: Electricity,Gas
  • Hot Water: Electricity,Gas
  • Security: SecurityLights
  • Cooling Y N: No
  • Heating: Ceiling, ForcedAir, WallHeater
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Management Name: Metco Investment Realty, Inc
  • Management Phone: 541-913-0557
  • Community Features: Laundry
  • Association: No

Schools

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

Lot Info

  • Zoning: R-3
  • Lot Size Acres: 0.29
  • Lot Size Sq Ft: 12632.0
  • Parcel #: 0275857

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Gas, MaintenanceGrounds, Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 12729.29
  • Tax Opportunity Zone: No

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4, UnitTypeType5, UnitTypeType6
  • Number Of Units Total: 10
  • Gross Rent Multiplier: 10.99
  • Annual Gross Income: 145172.0
  • Property Net Operating Income: 95489.0
  • Annual Operating Expense: 49683.0

Map

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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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 List to Sale Price per Sq Ft
10/23/2025 10/23/25 Pending -- -- --
10/02/2025 10/02/25 For Sale $1,595,000 -- --
Source: Regional Multiple Listing Service (RMLS)

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 248815857

Regional Multiple Listing Service (RMLS)