$1,049,900
$50K PRICE DROP

Estimated payment $6,100/month

Total Views 42,592
5 Beds
4 Baths
3,485 Sq Ft
$301 Price per Sq Ft

Highlights

  • City View
  • Mini Split Air Conditioners
  • Forced Air Heating System
  • Adams Elementary School Rated A-
  • Landscaped with Trees
  • 3-minute walk to Washington Park

About This Home

Charming College Hill 4-PlexClassic character meets smart investment in this fully rented 4-plex, ideally located in the heart of Eugene’s desirable College Hill neighborhood. This vintage home has been thoughtfully remodeled, blending timeless architectural details with modern updates tenants appreciate. Each unit offers comfort and charm, with easy access to shopping, dining, parks, and the University of Oregon. Situated in a sought-after area known for walkability and strong rental demand, this property provides both steady income and long-term value. A rare opportunity to own a turnkey multi-unit investment in one of Eugene’s most established neighborhoods.

Listing Agent

Naseem Hamide

Works Real Estate License #201237039 Listed on: 08/21/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,941

Year Built

  • Built in 1920

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 40x150
  • Level Lot
  • Landscaped with Trees

Home Design

  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation
  • Cedar

Interior Spaces

  • 3,485 Sq Ft Home
  • 3-Story Property
  • City Views
  • Finished Basement
  • Basement Storage
  • Security Lights

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Parking

  • 4 Parking Spaces
  • On-Street Parking
  • Off-Street Parking

Schools

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

Utilities

  • Mini Split Air Conditioners
  • Forced Air Heating System
  • Heating System Uses Gas
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 0613628

Community Details

Overview

  • 4 Units
  • College Hill Subdivision

Amenities

  • Laundry Facilities

Building Details

  • Operating Expense $17,001
  • Gross Income $75,600
  • Net Operating Income $58,599

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,941

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: MultiFamily
  • Stories: 3
  • Year Built: 1920
  • Property Condition: Existing
  • Property Attached Yn: No
  • Current Price For Status: 1049900.0
  • Open House: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Finished
  • Storage: Basement
  • Total Bedrooms: 5
  • Lot Size Range: SqFt5000to6999

Exterior Features

  • Exterior Description: Cedar
  • Lot Size: 5,000 to 6,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: Yes
  • Lot Features: GentleSloping, Level, PublicRoad, Trees
  • Road Surface Type: Concrete, Paved
  • Roof: Composition, Shingle
  • View: City

Garage/Parking

  • Parking Description: OffStreet, OnStreet
  • Attached Garage: No
  • Total Parking Spaces: 4.0

Utilities

  • Fuel Description: Electricity,Gas
  • Hot Water: Electricity,Gas
  • Internet Service Type: Cable,DSL
  • Security: SecurityLights
  • Cooling: MiniSplit, None
  • Cooling Y N: Yes
  • Heating: ForcedAir, Other
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Community Features: AllLandscaping, Laundry

Schools

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

Lot Info

  • Zoning: R1
  • Lot Size Acres: 0.14
  • Lot Size: 40x150
  • Lot Size Sq Ft: 6098.0
  • Parcel #: 0613628

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Electricity, MaintenanceGrounds, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 6941.05

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 13.89
  • Annual Gross Income: 75600.0
  • Property Net Operating Income: 58599.0
  • Annual Operating Expense: 17001.0

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

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 $7,028 $360,735 -- --
2024 $6,941 $350,229 -- --
2023 $6,941 $340,029 $0 $0
2022 $6,503 $330,126 $0 $0
2021 $6,108 $320,511 $0 $0
2020 $6,129 $311,176 $0 $0
2019 $5,919 $302,113 $0 $0
2018 $5,572 $284,771 $0 $0
2017 $5,322 $284,771 $0 $0
2016 $5,164 $276,477 $0 $0
2015 $5,033 $268,424 $0 $0
2014 $4,940 $260,606 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/07/2025 10/07/25 Price Changed $1,049,900 -4.6% $301 / Sq Ft
09/02/2025 09/02/25 For Sale $1,099,990 0.0% $316 / Sq Ft
08/25/2025 08/25/25 Pending -- -- --
08/21/2025 08/21/25 For Sale $1,099,990 -- $316 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $550,000 Cascade Title Company
Warranty Deed $475,000 Cascade Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $412,500 Commercial
Previous Owner $230,000 Commercial
Source: Public Records

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 207478630

Regional Multiple Listing Service (RMLS)

APN: 0613628