$695,000
PENDING $30K PRICE DROP

Estimated payment $4,403/month

Total Views 3,321
6 Beds
3 Baths
4,686 Sq Ft
$148 Price per Sq Ft

Highlights

  • Corner Lot
  • No HOA
  • Zoned Heating
  • Adams Elementary School Rated A-
  • Paneling
  • Laundry Facilities

About This Home

Unique opportunity for a 5-unit complex in the heart of Eugene, OR. Two detached buildings. The main house has a 3-bedroom unit on the upper level, with a 2-bedroom unit in the basement. Detached triplex along E. 23rd St offers identical 1 bedroom/1 bathroom units. Rental agreements are long-term under month-to-month terms. Property being sold in AS-IS condition and known deferred maintenance exists. Buyer to complete due diligence about possible partition of the two buildings. Zoned for high density residential use. Excellent long-term redevelopment play. Current onsite parking.

Listing Agent

Brent Cole

Triple Oaks Realty LLC Brokerage Phone: 541-556-5093 License #200607178 Listed on: 10/13/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,797

Year Built

  • Built in 1980

Lot Details

  • 8,712 Sq Ft Lot
  • Corner Lot

Home Design

  • Fixer Upper
  • Composition Roof
  • Wood Siding
  • Plywood Siding Panel T1-11
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,686 Sq Ft Home
  • 2-Story Property
  • Paneling
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Parking

  • On-Street Parking
  • Assigned Parking

Schools

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

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Mounted To A Wall or Window
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 0615441

Community Details

Overview

  • No Home Owners Association
  • 5 Units
  • Property managed by Eugene Commercial Management

Amenities

  • Laundry Facilities

Building Details

  • Operating Expense $17,838
  • Gross Income $59,460
  • Net Operating Income $41,622

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,797

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Standard Status: Pending
  • MLS Status: Pending
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1980
  • Property Condition: Fixer
  • Property Attached Yn: No
  • Current Price For Status: 695000.0
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: FullBasement
  • Storage: None
  • Total Bedrooms: 6
  • Lot Size Range: SqFt7000to9999

Exterior Features

  • Exterior Description: Panel,T111Siding,WoodSiding
  • Lot Size: 7,000 to 9,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: CornerLot
  • Road Surface Type: Concrete, Gravel
  • Roof: Composition

Garage/Parking

  • Parking Description: Assigned, OnStreet
  • Attached Garage: No

Utilities

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

Condo/Co-op/Association

  • Management Name: Eugene Commercial Management
  • Community Features: Laundry
  • Association: No

Schools

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

Lot Info

  • Zoning: R-3
  • Lot Size Acres: 0.2
  • Lot Size Sq Ft: 8712.0
  • Parcel #: 0615441

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 8797.26
  • Tax Opportunity Zone: No

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3
  • Number Of Units Total: 5
  • Gross Rent Multiplier: 11.69
  • Annual Gross Income: 59460.0
  • Property Net Operating Income: 41622.0
  • Annual Operating Expense: 17838.0

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 $8,908 $457,205 -- --
2024 $8,797 $443,889 -- --
2023 $8,797 $430,961 $0 $0
2022 $8,241 $418,409 $0 $0
2021 $7,741 $406,223 $0 $0
2020 $7,768 $394,392 $0 $0
2019 $7,502 $382,905 $0 $0
2018 $7,062 $360,925 $0 $0
2017 $6,727 $360,925 $0 $0
2016 $6,351 $350,413 $0 $0
2015 $6,248 $340,207 $0 $0
2014 $6,123 $330,298 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/19/2025 11/19/25 Pending -- -- --
11/07/2025 11/07/25 Price Changed $695,000 -4.1% $148 / Sq Ft
10/13/2025 10/13/25 For Sale $725,000 -- $155 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed -- Cascade Title
Interfamily Deed Transfer -- --
Source: Public Records

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 204531424

Regional Multiple Listing Service (RMLS)

APN: 0615441