$399,900

3118 Richard Ave Unit 1 Eugene, OR 97402

Bethel Neighborhood

Estimated payment $2,499/month

Total Views 1,701
-- Bed
-- Bath
1,828 Sq Ft
$219 Price per Sq Ft

Highlights

  • Cooling Available
  • Forced Air Heating System
  • Wood Siding

About This Home

This is a great opportunity for an owner occupied buyer or an investor. The duplex has been updated & maintained well by the owners. Both tenants are month to month & would like to stay. In 2018 the owner did: New siding & ext paint, new plumbing, new HVAC, new electrical & new appliances. Both units probably need interior paint & carpet.. Joint laundry room shared by both uints. Front unit has bonus room upstairs & larger yard. Neither tenant has access to detached garage which needs new roof & a fair amount of dry rot but overall a good structure. Detached garage will not have power at closing.

Listing Agent

Tim Duncan

Tim Duncan Real Estate Brokerage Email: tim@timduncanre.com License #201208654

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,256

Year Built

  • Built in 1947

Lot Details

  • 8,712 Sq Ft Lot

Home Design

  • Metal Roof
  • Wood Siding
  • Shake Siding

Interior Spaces

  • 1,828 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Parking

  • Carport
  • Driveway

Schools

  • Fairfield Elementary School
  • Cascade Middle School
  • Willamette High School

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heat Pump System
  • Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1313418

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $22,800
  • Gross Income $25,200
  • Net Operating Income $25,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,256

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1947
  • Property Condition: Existing
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Storage: Garage
  • Lot Size Range: SqFt7000to9999

Exterior Features

  • Exterior Description: ShakeSiding,WoodSiding
  • Lot Size: 7,000 to 9,999 SqFt
  • View: No
  • Road Surface Type: Paved
  • Roof: Metal

Garage/Parking

  • Parking Description: Carport, Driveway
  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Hot Water: Tank
  • Cooling: HeatPump
  • Cooling Y N: Yes
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Fairfield
  • High School: Willamette
  • Middle Or Junior School: Cascade

Lot Info

  • Zoning: C-2
  • Lot Size Acres: 0.2
  • Lot Size Sq Ft: 8712.0
  • Parcel #: 1313418

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Electricity, Gas, Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 3256.29

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 15.87
  • Annual Gross Income: 25200.0
  • Property Net Operating Income: 25200.0
  • Annual Operating Expense: 22800.0

Map

Range of Values:

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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
2023 $3,256 $181,023 $0 $0
2022 $3,031 $175,751 $0 $0
2021 $2,967 $170,633 $0 $0
2020 $2,881 $165,664 $0 $0
2019 $2,739 $160,839 $0 $0
2018 $2,663 $151,607 $0 $0
2017 $2,545 $151,607 $0 $0
2016 $2,480 $147,191 $0 $0
2015 $2,431 $142,904 $0 $0
2014 $2,394 $138,742 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2025 03/31/25 For Sale $399,900 -- $219 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Deed History

Date Type Sale Price Title Company
Warranty Deed $375,000 Cascade Title Co
Bargain Sale Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $350,000 Seller Take Back
Closed $350,000 Purchase Money Mortgage
Source: Public Records

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Source: Regional Multiple Listing Service (RMLS)

MLS Number: 102954631

Regional Multiple Listing Service (RMLS)

APN: 1313418

Oregon Lane County Eugene 97402 Bethel

3118 Richard Ave Unit 1, Eugene, OR

Homes for Sale in Eugene, OR

This home is located at 3118 Richard Ave Unit 1, Eugene, OR 97402 and is currently priced at $399,900, approximately $218 per square foot. This property was built in 1947. 3118 Richard Ave Unit 1 is a home located in Lane County with nearby schools including Fairfield Elementary School, Cascade Middle School, and Willamette High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Regional Multiple Listing Service (RMLS) The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.

Tim Duncan
Listing Agent
Tim Duncan
Section Image
Tim Duncan Real Estate
(458) 854-7253