$3,750,000

Estimated payment $20,792/month

7 Beds
5 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Off-Grid Solar Heating System
  • Baseboard Heating
  • 5-minute walk to Charnel Mulligan Park
  • Adams Elementary School Rated A-
  • Wood Siding

About This Home

The West Eugene Multifamily Portfolio offers 42 residential units plus an office/storage space across four centrally located Eugene properties. The portfolio includes 10 buildings totaling approximately 22,212 square feet and a diversified unit mix of 12 studios/SROs, 22 one-bedroom units, seven two-bedroom units, and one three-bedroom single-family residence. All four properties provide off-street parking, with 32 total spaces, and multiple locations include on-site laundry.The portfolio combines vintage character with meaningful capital improvements, including newer roofing and siding at select properties, along with interior renovations completed as units have turned. Current scheduled NOI is approximately $275,335, providing a 7.34% cap rate at the asking price, with additional upside available through continued rent growth, unit renovations, and operational improvements.

Listing Agent

Ian Crist

Bridge Creek Realty License #201220465 Listed on: 09/02/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,403

Year Built

  • Built in 1945

Home Design

  • Wood Siding
  • Lap Siding

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Bathrooms

Schools

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

Utilities

  • No Cooling
  • Heating System Mounted To A Wall or Window
  • Baseboard Heating
  • Electric Water Heater

Additional Features

  • 3-Story Property
  • Off-Grid Solar Heating System
  • 6,534 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 0278232

Community Details

Overview

  • 42 Units

Building Details

  • Operating Expense $157,793
  • Gross Income $433,128
  • Net Operating Income $275,335

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,403

Year Built

Built in 1945

Lot Details

6,534 Sq Ft Lot

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: MultiFamily
  • Stories: 3
  • Year Built: 1945
  • Property Attached Yn: No
  • Current Price For Status: 3750000.0
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 7
  • Lot Size Range: SqFt5000to6999

Exterior Features

  • Exterior Description: LapSiding,WoodSiding
  • Lot Size: 5,000 to 6,999 SqFt
  • View: No

Garage/Parking

  • Attached Garage: No

Utilities

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

Schools

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

Lot Info

  • Zoning: R7
  • Lot Size Acres: 0.15
  • Lot Size Sq Ft: 6534.0
  • Parcel #: 0278232

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, TrashCollection, Water

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 2403.07

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 42
  • Gross Rent Multiplier: 8.66
  • Annual Gross Income: 433128.0
  • Property Net Operating Income: 275335.0
  • Annual Operating Expense: 157793.0

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $2,403 $123,337
2024 $2,373 $119,745
2023 $2,373 $116,258 $0 $0
2022 $2,223 $112,872 $0 $0
2021 $2,088 $109,585 $0 $0
2020 $2,096 $106,394 $0 $0
2019 $2,024 $103,296 $0 $0
2018 $1,905 $97,367 $0 $0
2017 $1,820 $97,367 $0 $0
2016 $1,775 $94,531 $0 $0
2015 $1,724 $91,778 $0 $0
2014 $1,689 $89,105 $0 $0
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
09/02/2026 09/02/26 For Sale $3,750,000 -- --
Source: Regional Multiple Listing Service (RMLS)

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 601208080

Regional Multiple Listing Service (RMLS)

APN: 0278232

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