$674,900
$25K PRICE DROP

Estimated payment $4,140/month

Total Views 1,012
6 Beds
4 Baths
4,195 Sq Ft
$161 Price per Sq Ft

Highlights

  • RV Access or Parking
  • Level Lot
  • 4-minute walk to Acorn City Park
  • Ductless Heating Or Cooling System
  • Heat Pump System

About This Home

Nestled in a highly desirable West Eugene/Churchill area location at 2953/2957 W 15th Ave, Eugene, OR, this exceptional property offers two separate, detached homes on a single lot, providing rare versatility in a prime spot just minutes from downtown Eugene, shopping, dining, parks, schools, and effortless access to major thoroughfares. Both homes have been extensively updated in 2021 with modern finishes, contemporary kitchens, stylish bathrooms, fresh interiors, and overall move-in-ready condition throughout. This setup qualifies for conventional owner-occupied financing similar to a duplex, making it an ideal choice for a buyer who wants to live in one home while renting the other to offset costs. With a proven track record of strong rental history and responsible tenants who maintain the property with care, it delivers reliable income from day one—perfect for an owner-occupant seeking mortgage assistance or an investor beginning their portfolio or pursuing a 1031 exchange into a turnkey asset. The homes are fully refreshed and ready for immediate occupancy or continued rental, with no major repairs needed. Adding to the appeal, the lot presents future potential to divide or possibly add an additional unit (buyer to verify all zoning, division, permitting, and ADU possibilities with the City of Eugene to their full satisfaction). Don't overlook this standout opportunity to own two beautifully updated homes in a convenient, in-demand Eugene neighborhood—schedule your showing today before it's gone!

Listing Agent

Tim Duncan

Tim Duncan Real Estate Brokerage Email: tim@timduncanre.com License #201208654 Listed on: 02/10/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,093

Year Built

  • Built in 1950

Lot Details

  • 9,583 Sq Ft Lot
  • Level Lot

Home Design

  • Composition Roof
  • Plywood Siding Panel T1-11

Interior Spaces

  • 4,195 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Parking

  • Paved Parking
  • RV Access or Parking

Schools

  • Cesar Chavez Elementary School
  • Arts & Tech Middle School
  • Churchill High School

Utilities

  • Ductless Heating Or Cooling System
  • Mini Split Air Conditioners
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 0470045

Community Details

Overview

  • 2 Units
  • Property managed by Zimmerman Property Management

Building Details

  • Operating Expense $11,910
  • Gross Income $45,920
  • Net Operating Income $32,010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,093

Year Built

Built in 1950

Lot Details

9,583 Sq Ft Lot

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1950
  • Property Condition: Restored
  • Property Attached Yn: No
  • Current Price For Status: 674900.0
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Total Bedrooms: 6
  • Lot Size Range: SqFt7000to9999

Exterior Features

  • Exterior Description: T111Siding
  • Lot Size: 7,000 to 9,999 SqFt
  • View: No
  • Lot Features: Level
  • Road Surface Type: Gravel, Paved
  • Disclosures: Disclosure
  • Roof: Composition

Garage/Parking

  • Parking Description: Paved, RVAccessParking
  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling: HeatPump, MiniSplit
  • Cooling Y N: Yes
  • Heating: Ductless
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Management Name: Zimmerman Property Management

Schools

  • Elementary School: Cesar Chavez
  • High School: Churchill
  • Middle Or Junior School: Arts & Tech

Lot Info

  • Zoning: r2
  • Lot Size Acres: 0.22
  • Lot Size Sq Ft: 9583.0
  • Parcel #: 0470045

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Year: 2025
  • Tax Annual Amount: 8093.34

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 14.7
  • Annual Gross Income: 45920.0
  • Property Net Operating Income: 32010.0
  • Annual Operating Expense: 11910.0

Map

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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 $8,093 $415,388 -- --
2024 $7,993 $403,290 -- --
2023 $7,993 $391,544 $0 $0
2022 $7,488 $380,140 $0 $0
2021 $7,033 $369,068 $0 $0
2020 $6,146 $313,807 $0 $0
2019 $5,790 $304,667 $0 $0
2018 $5,481 $287,179 $0 $0
2017 $5,122 $287,179 $0 $0
2016 $4,742 $278,815 $0 $0
2015 $4,593 $270,694 $0 $0
2014 $4,529 $262,810 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/17/2026 02/17/26 Price Changed $674,900 -3.6% $161 / Sq Ft
02/10/2026 02/10/26 For Sale $699,900 +6.9% $167 / Sq Ft
11/24/2021 11/24/21 Sold $655,000 0.0% $255 / Sq Ft View Prior Sale
11/24/2021 11/24/21 Sold $655,000 -6.4% $255 / Sq Ft View Prior Sale
11/01/2021 11/01/21 Pending -- -- --
11/01/2021 11/01/21 Pending -- -- --
10/11/2021 10/11/21 For Sale $699,900 0.0% $273 / Sq Ft
09/10/2021 09/10/21 Price Changed $699,900 -6.6% $273 / Sq Ft
08/25/2021 08/25/21 For Sale $749,000 +144.8% $292 / Sq Ft
08/19/2020 08/19/20 Sold $306,000 +11.3% $119 / Sq Ft View Prior Sale
07/15/2020 07/15/20 Pending -- -- --
07/14/2020 07/14/20 For Sale $275,000 -- $107 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $655,000 Lawyers Title
Warranty Deed $306,000 Fidelity Natl Ttl Co Of Or
Warranty Deed $75,000 Fidelity Natl Title Co Of Or
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $491,250 New Conventional
Previous Owner $69,000 Seller Take Back
Source: Public Records

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 775483776

Regional Multiple Listing Service (RMLS)

APN: 0470045

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