NOT LISTED FOR SALE

1511 High St Eugene, OR 97401

14 Beds
7 Baths
5,433 Sq Ft
1928 Built

Last Sold April 07, 2023

Last sale price $960,000 $177 Per Sq Ft

54 Days on Market

Highlights

  • Corner Lot
  • Edison Elementary School Rated A-
  • Baseboard Heating

About This Home

As of April 2023

Investor Alert! 6 units with a total of 14 bedrooms in the heart of the University District. Amazing opportunity to own a corner lot with R-3 zoning. Fantastic rental history with future growth/development possibilities. Buyer to do due diligence.

Last Agent to Sell the Property

Curtis Phillips

Blue Pool Realty License #201215917 Listed on: 12/14/2022

Co-Listed By

Sarah Gonzalez

Bell Real Estate License #201216616

Last Buyer's Agent

Anton Fraga

St Clair Properties License #201215673

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,161

Year Built

  • Built in 1928

Lot Details

  • Corner Lot
  • Level Lot

Home Design

  • 5,433 Sq Ft Home
  • Metal Roof

Schools

  • Edison Elementary School
  • 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 0279982

Community Details

Overview

  • 6 Units
  • Property managed by Bell Real Estate

Building Details

  • Operating Expense $20,456
  • Gross Income $93,730
  • Net Operating Income $73,246

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,161

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Year Built: 1928
  • Property Condition: Existing
  • Property Attached Yn: No
  • Current Price For Status: 960000.0
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Lot Size Range: SqFt5000to6999

Exterior Features

  • Lot Size: 5,000 to 6,999 SqFt
  • View: No
  • Lot Features: CornerLot, Level
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Roof: Metal

Garage/Parking

  • Attached Garage: No

Utilities

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

Condo/Co-op/Association

  • Management Name: Bell Real Estate

Schools

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

Lot Info

  • Zoning: R3
  • Parcel #: 0279982

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: MaintenanceGrounds, Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2021
  • Tax Annual Amount: 6160.85

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4, UnitTypeType5, UnitTypeType6
  • Number Of Units Total: 6
  • Gross Rent Multiplier: 10.3
  • Annual Gross Income: 93730.0
  • Property Net Operating Income: 73246.0
  • Annual Operating Expense: 20456.0

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property History

Date Event Price List to Sale Price per Sq Ft
04/07/2023 04/07/23 Sold $960,000 -0.5% $177 / Sq Ft
02/07/2023 02/07/23 Pending -- -- --
12/14/2022 12/14/22 For Sale $965,000 -- $178 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Tax History Compared to Growth

Source: Public Records

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
2025 $7,090 $363,885 -- --
2024 $7,002 $353,287 -- --
2023 $7,002 $342,998 -- --
2022 $6,559 $333,008 $0 $0
2021 $6,161 $323,309 $0 $0
2020 $6,183 $313,893 $0 $0
2019 $5,971 $304,751 $0 $0
2018 $5,621 $287,257 $0 $0
2017 $5,369 $287,257 $0 $0
2016 $5,236 $278,890 $0 $0
2015 $5,085 $270,767 $0 $0
2014 $4,983 $262,881 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Curtis Phillips

    Seller's Agent in 2023

    Curtis Phillips

    Blue Pool Realty

    (541) 337-1803

    89 Total Sales

    Curtis Phillips
    Section Image
  • Sarah Gonzalez

    Seller Co-Listing Agent in 2023

    Sarah Gonzalez

    Bell Real Estate

    (541) 688-2060

    36 Total Sales

    Sarah Gonzalez
    Section Image
  • Anton Fraga

    Buyer's Agent in 2023

    Anton Fraga

    St Clair Properties

    (541) 556-0612

    93 Total Sales

    Anton Fraga
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22215661

Regional Multiple Listing Service (RMLS)
Oregon Lane County Eugene 97401

1511 High St, Eugene, OR

Not Listed for Sale

MultiFamily

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