$1,140,000
PENDING

1591 High St Eugene, OR 97401

Estimated payment $6,636/month

Total Views 619
12 Beds
7 Baths
5,094 Sq Ft
$224 Price per Sq Ft

Highlights

  • Corner Lot
  • Zoned Heating
  • Wood Siding
  • Edison Elementary School Rated A-
  • High Speed Internet

About This Home

Excellent opportunity to acquire a well-performing 7-unit property in the heart of Eugene’s premium campus rental district. Located at 1591 High Street and 341 E 16th Avenue, this asset consists of two buildings totaling 5,094 SF with a desirable mix of one-bedroom, two-bedroom, and a four-bedroom unit. Interiors feature updated flooring, modernized kitchens and baths, and energy-efficient windows. Tenants enjoy onsite laundry, mature landscaping, and unbeatable walkability and bike access. Strong income with room for rent modernization and RUBS implementation.

Listing Agent

Brent Cole

Triple Oaks Realty LLC Brokerage Phone: 541-556-5093 License #200607178 Listed on: 12/03/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,746

Year Built

  • Built in 1913

Lot Details

  • 0.25 Acre Lot
  • Corner Lot
  • Level Lot

Home Design

  • Composition Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 5,094 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 7 Bathrooms

Schools

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

Utilities

  • No Cooling
  • Zoned Heating
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 0279933

Community Details

Overview

  • 7 Units
  • West University Neighbors Subdivision

Building Details

  • Operating Expense $37,189
  • Gross Income $106,740
  • Net Operating Income $65,834

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,746

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Standard Status: Pending
  • MLS Status: Pending
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1913
  • Property Condition: Approximately
  • Property Attached Yn: No
  • Current Price For Status: 1140000.0
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 12
  • Lot Size Range: SqFt10000to14999

Exterior Features

  • Exterior Description: WoodSiding
  • Lot Size: 10,000 to 14,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: CornerLot, Level
  • Road Surface Type: Concrete
  • Disclosures: Exempt
  • Roof: Composition

Garage/Parking

  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Internet Service Type: Cable
  • Cooling Y N: No
  • Heating: Zoned
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

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

Lot Info

  • Zoning: R3
  • Lot Size Acres: 0.25
  • Lot Size Sq Ft: 10890.0
  • Parcel #: 0279933

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: MaintenanceGrounds, TrashCollection

Tax Info

  • Tax Deferral: No
  • Tax Year: 2025
  • Tax Annual Amount: 7745.78

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4, UnitTypeType5, UnitTypeType6, UnitTypeType7
  • Number Of Units Total: 7
  • Gross Rent Multiplier: 10.68
  • Annual Gross Income: 106740.0
  • Property Net Operating Income: 65834.0
  • Annual Operating Expense: 37189.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/08/2025 12/08/25 Pending -- -- --
12/03/2025 12/03/25 For Sale $1,140,000 -- $224 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 679325306

Regional Multiple Listing Service (RMLS)