NOT LISTED FOR SALE
12 Beds
7 Baths
5,094 Sq Ft
0.25 Acre Lot

Sale Details

Date Sold: February 26, 2026

Last sale price $1,075,000 $211 Per Sq Ft

5 Days on Market

Highlights

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

About This Home

As of February 2026

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.

Last Agent to Sell the Property

Brent Cole

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

Last Buyer's Agent

David Holland

Evans, Elder, Brown & Seubert License #200002060

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,746

Year Built

  • Built in 1913

Lot Details

  • 10,890 Sq Ft 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

  • Rent includes ground maintenance, trashcollection
  • 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

0.25 Acres

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1913
  • Property Condition: Approximately
  • Property Attached Yn: No
  • Current Price For Status: 1075000.0
  • 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 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

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2025
Closed on
Feb 18, 2026
Sold by
10Ducks Llc
Bought by
Seller's Agent
Brent Cole
Triple Oaks Realty LLC
Buyer's Agent
David Holland
Evans, Elder, Brown & Seubert
List Price
$1,140,000
Sold Price
$1,075,000
Premium/Discount to List
-$65,000
-5.7%
Views
4

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,400
Outstanding Balance
$747,424
Interest Rate
6.06%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 14, 2025
Sold by
Neurelius Llc
Bought by
10Ducks Llc

Purchase Details

Closed on
Mar 6, 2003
Sold by
Rabbit Properties Llc
Bought by
Neurelius Llc
Source: Public Records

Purchase 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 Buyer Sale Price Title Company
-- Cascade Title
10Ducks Llc -- None Listed On Document
Neurelius Llc $257,606 Western Pioneer Title Co
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Open $750,400
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
02/26/2026 02/26/26 Sold $1,075,000 -5.7% $211 / 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)

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 $7,746 $397,550
2024 $7,649 $385,971
2023 $7,649 $374,730 $0 $0
2022 $7,166 $363,816 $0 $0
2021 $6,731 $353,220 $0 $0
2020 $6,755 $342,933 $0 $0
2019 $6,524 $332,945 $0 $0
2018 $6,141 $313,833 $0 $0
2017 $5,866 $313,833 $0 $0
2016 $5,720 $304,692 $0 $0
2015 $5,556 $295,817 $0 $0
2014 $5,444 $287,201 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 679325306

Regional Multiple Listing Service (RMLS)
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