NOT LISTED FOR SALE

325 W 12th Ave Eugene, OR 97401

Downtown Eugene Neighborhood
3 Beds
2 Baths
5,964 Sq Ft
1947 Built

Last Sold October 25, 2018

Last sale price $1,125,000 $189 Per Sq Ft

10 Days on Market

Highlights

  • Storage
  • Property is near a bus stop
  • Level Lot
  • Landscaped with Trees

About This Home

As of October 2018

Rare opportunity for Prime Downtown apartments, featuring cove ceilings, arched entryways,and all the classic charm from the period built. New roofs and new sewer lines in the last two years. Restaurants, shopping, and Eugene's nightlife just a few block away. Virtually no historical vacancy loss! Solid 6% cap rate with modest rent increases. ***DO NOT DISTURB RESIDENTS***

Last Agent to Sell the Property

Darren Stone

Jennings Group Inc License #201006104 Listed on: 09/11/2018

Last Buyer's Agent

OR and WA Non Rmls

Non Rmls Broker License #NA

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1947

Lot Details

  • Level Lot
  • Landscaped with Trees

Home Design

  • Block Exterior

Interior Spaces

  • Window Treatments
  • Storage
  • Range

Additional Features

  • Property is near a bus stop
  • Water Heater

Community Details

  • 10 Units

Listing and Financial Details

  • Rent includes trash collection, sewer, water, ground maintenance

Property Details

Home Type

Multi-Family

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 5964
  • Year Built: 1947
  • Remarks Public: Rare opportunity for Prime Downtown apartments, featuring cove ceilings, arched entryways,and all the classic charm from the period built. New roofs and new sewer lines in the last two years. Restaurants, shopping, and Eugene's nightlife just a few block away. Virtually no historical vacancy loss! Solid 6% cap rate with modest rent increases. ***DO NOT DISTURB RESIDENTS***
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: TL 05900

Exterior Features

  • Exterior Description: Block
  • Lot Size: 10,000 to 14,999 SqFt

Utilities

  • Fuel Description: Electricity
  • Hot Water: Tank
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Baseboard
  • Security: Sidewalk

Condo/Co-op/Association

  • Common Amenities: Laundry
  • Unit Features: Range, Refrigerator, Storage, Window Coverings

Lot Info

  • Lot Description: On Busline, Level, Trees
  • Zoning: S-DW

Rental Info

  • Rent Includes: Trash Collection, Sewer, Water, Maintenance Grounds

Tax Info

  • Tax Amount: 8947.75
  • Assessor Parcel Number: 276483
  • Tax Year: 2017

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 10
  • Gross Rent Multiplier: 13.29

Range of Values:

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Average Value
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List Price
Sold Price
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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 Change Sq Ft Price
10/25/2018 10/25/18 Sold $1,125,000 +2.3% $189 / Sq Ft
09/21/2018 09/21/18 Pending -- -- --
09/11/2018 09/11/18 For Sale $1,100,000 -- $184 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Darren Stone

    Seller's Agent in 2018

    Darren Stone

    Jennings Group Inc

    (541) 285-0053

    13 Total Sales

    Darren Stone
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 18664042

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

325 W 12th Ave, Eugene, OR

This home is located at 325 W 12th Ave, Eugene, OR 97401 since 11 September 2018. This property was built in 1947. 325 W 12th Ave is a home located in Lane County with nearby schools including River Road/El Camino del Río Elementary School, Kelly Middle School, and North Eugene 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.

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