154 Norman Ave Eugene, OR 97404
River Road NeighborhoodEstimated payment $3,380/month
Highlights
- No HOA
- High Speed Internet
- Level Lot
- Forced Air Heating System
About This Home
Fantastic Duplex with large lot and separate backyards - Prime Investment Opportunity! This spacious duplex is a rare find, offering two well-maintained units with a great potential for both living and rental income. Unit 1 is 1500 sqft with 4 bedrooms and 1.5 bathrooms. The kitchen was remodeled in 2016. This Unit is currently occupied by long term tenants, offering immediate rental income. Unit 2 is 768 sqft with 2 bedrooms and 1.5 bathrooms with upscale appliances, convection oven, and granite counter tops. Both units have forced air heating and washers and dryers hook-ups in the attached garage.This property is located near River Rd, with easy access to public transportation, schools, and shopping. Whether you're an investor or looking for a home with additional rental income, this duplex is a must see!
Listing Agent
ICON Real Estate Group Brokerage Email: ICON@TheICONREGroup.com License #201217366
Co-Listing Agent
ICON Real Estate Group Brokerage Email: ICON@TheICONREGroup.com License #201242323
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,300
Year Built
- Built in 1968 | Remodeled
Lot Details
- 10,018 Sq Ft Lot
- Level Lot
Parking
- 2 Car Garage
- Driveway
- On-Street Parking
Home Design
- Composition Roof
- Membrane Roofing
- Plywood Siding Panel T1-11
Interior Spaces
- 2,268 Sq Ft Home
- 2-Story Property
Schools
- Howard Elementary School
- Kelly Middle School
- North Eugene High School
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Gas
- Gas Water Heater
- High Speed Internet
Listing and Financial Details
- Assessor Parcel Number 0378065
Community Details
Overview
- No Home Owners Association
- 2 Units
- River Road Community Org Subdivision
Building Details
- Operating Expense $8,120
- Gross Income $37,080
- Net Operating Income $28,960
Map
Home Values in the Area
Average Home Value in this Area
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 | $5,300 | $300,646 | $0 | $0 |
| 2022 | $4,985 | $291,890 | $0 | $0 |
| 2021 | $4,626 | $283,389 | $0 | $0 |
| 2020 | $4,305 | $275,135 | $0 | $0 |
| 2019 | $4,112 | $267,122 | $0 | $0 |
| 2018 | $3,195 | $225,080 | $0 | $0 |
| 2017 | $3,202 | $225,080 | $0 | $0 |
| 2016 | $3,078 | $218,524 | $0 | $0 |
| 2015 | $3,048 | $212,159 | $0 | $0 |
| 2014 | $3,055 | $205,980 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/16/2025 04/16/25 | Price Changed | $529,999 | -1.9% | $234 / Sq Ft |
| 03/19/2025 03/19/25 | Price Changed | $540,000 | -2.3% | $238 / Sq Ft |
| 01/16/2025 01/16/25 | For Sale | $552,900 | +58.0% | $244 / Sq Ft |
| 07/12/2018 07/12/18 | Sold | $350,000 | -2.8% | $154 / Sq Ft |
| 06/08/2018 06/08/18 | Pending | -- | -- | -- |
| 05/18/2018 05/18/18 | For Sale | $359,900 | -- | $159 / Sq Ft |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $350,000 | First American Title | |
| Warranty Deed | $175,000 | Fidelity Natl Title Co Of Or | |
| Interfamily Deed Transfer | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $277,200 | New Conventional | |
| Previous Owner | $131,250 | New Conventional | |
| Previous Owner | $165,000 | New Conventional | |
| Previous Owner | $158,880 | Unknown |
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 731504195
APN: 0378065
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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.
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