154 Norman Ave Eugene, OR 97404
River Road NeighborhoodEstimated payment $3,190/month
Highlights
- No HOA
- High Speed Internet
- Level Lot
- Forced Air Heating System
About This Home
Excellent investment opportunity: Well-maintained duplex on a large lot with separate fenced backyards. Unit 156 is 1,500 sqft with 4 bedrooms, 1.5 baths, and a remodeled kitchen (2016). Long-term tenants in place provide immediate rental income. Unit 154 is 768 sqft with 2 bedrooms, 1.5 baths, granite countertops, upscale appliances, and a convection oven. Both units feature forced air heating, washer/dryer hookups, and attached garages. 154 has a washer and dryer. Both units have large, private backyards. Conveniently located near River Rd with access to public transit, schools, and shopping.
Listing Agent
ICON Real Estate Group Brokerage Email: ICON@TheICONREGroup.com License #201242323 Listed on: 07/22/2025
Co-Listing Agent
ICON Real Estate Group Brokerage Email: ICON@TheICONREGroup.com License #201217366
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,300
Year Built
- Built in 1968
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
- Concrete Perimeter Foundation
Interior Spaces
- 2,268 Sq Ft Home
- 2-Story Property
- Crawl Space
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Bathrooms
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 $38,700
- Net Operating Income $30,580
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 |
|---|---|---|---|---|
| 2024 | $5,300 | $309,665 | -- | -- |
| 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 | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/22/2025 07/22/25 | For Sale | $552,900 | +58.0% | $244 / Sq Ft | |
| 07/12/2018 07/12/18 | Sold | $350,000 | -2.8% | $154 / Sq Ft | View Prior Sale |
| 06/08/2018 06/08/18 | Pending | -- | -- | -- | |
| 05/18/2018 05/18/18 | For Sale | $359,900 | -- | $159 / Sq Ft |
Purchase 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 |
|---|---|---|---|
| Previous Owner | $131,250 | New Conventional |
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 547523236
APN: 0378065
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