$1,075,000

1640 Mill St Eugene, OR 97401

Estimated payment $6,113/month

Total Views 7,183
-- Bed
1 Bath
3,184 Sq Ft
$338 Price per Sq Ft

Highlights

  • Heating unit installed on the ceiling
  • High Speed Internet
  • Wood Siding
  • Edison Elementary School Rated A-

About This Home

10 studio units in West University location - units are 100% occupied. New vinyl plank flooring in units. Each unit has its own private patio on first floor or private deck on second floor. Each unit has its own included "dorm" fridge. 6 parking spaces for the building. Solid rental history for this 10 unit, pedestrian to campus project. Lease and P and L information available.

Listing Agent

David Holland

Evans, Elder, Brown & Seubert License #200002060 Listed on: 08/18/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,569

Year Built

  • Built in 1974

Lot Details

  • 4,791 Sq Ft Lot

Home Design

  • Slab Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1 Bathroom
  • 3,184 Sq Ft Home
  • 2-Story Property

Parking

  • 6 Parking Spaces
  • Open Parking
  • Off-Street Parking

Schools

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

Utilities

  • No Cooling
  • Heating unit installed on the ceiling
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 0286912

Community Details

Overview

  • 10 Units

Building Details

  • Operating Expense $29,779
  • Gross Income $102,000
  • Net Operating Income $67,121

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,569

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1974
  • Property Condition: Existing
  • Property Attached Yn: No
  • Current Price For Status: 1075000.0
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Lot Size Range: SqFt3000to4999

Exterior Features

  • Exterior Description: WoodSiding
  • Lot Size: 3,000 to 4,999 SqFt
  • Foundation Details: Slab
  • View: No
  • Roof: Composition

Garage/Parking

  • Parking Description: OffStreet, Open
  • Attached Garage: No
  • Total Parking Spaces: 6.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Internet Service Type: Cable,DSL
  • Cooling: None
  • Cooling Y N: No
  • Heating: Ceiling
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

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

Lot Info

  • Zoning: R-3
  • Lot Size Acres: 0.11
  • Lot Size Sq Ft: 4791.0
  • Parcel #: 0286912

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Electricity, Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 5569.42

Multi Family

  • Unit Type: UnitTypeType1
  • Number Of Units Total: 10
  • Gross Rent Multiplier: 10.54
  • Annual Gross Income: 102000.0
  • Property Net Operating Income: 67121.0
  • Annual Operating Expense: 29779.0

Map

Range of Values:

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Value Increase
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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
08/18/2025 08/18/25 For Sale $1,075,000 -- $338 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 314786342

Regional Multiple Listing Service (RMLS)
Oregon Lane County Eugene 97401

1640 Mill St, Eugene, OR

For Sale

MultiFamily

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David Holland
Listing Agent
David Holland
Section Image
Evans, Elder, Brown & Seubert
(458) 255-5494