1546 Willamette St Eugene, OR 97401
Jefferson Westside NeighborhoodEstimated payment $20,792/month
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.
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
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)
MLS Number: 601208080
APN: 0278232
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