Located in the heart of historic and highly desirable Coburg, this 4-plex offers an excellent investment opportunity. All units are currently rented. The two lower units feature new leases and recent updates, including fresh flooring, paint, and remodeled bathrooms. The two upper units have long-term tenants and include individual storage sheds, with rent increases already in process. Laundry includes Owner-Owned and Maintained Coin Metered Laundry Machines. Blocks from restaurants, the city park, shopping, and a popular food truck alley, this property combines convenience, charm, and solid rental income.
Keller Williams Realty Eugene and SpringfieldBrokerage Phone: 541-606-1493License #201206681Listed on: 08/22/2025
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$4,895
Year Built
Built in 1970 | Remodeled
Lot Details
6,969 Sq Ft Lot
Level Lot
Home Design
Membrane Roofing
Plywood Siding Panel T1-11
Concrete Perimeter Foundation
Interior Spaces
3,736 Sq Ft Home
2-Story Property
Storage
Crawl Space
Bedrooms and Bathrooms
8 Bedrooms
4 Bathrooms
Parking
4 Parking Spaces
Off-Street Parking
Schools
Gilham Elementary School
Cal Young Middle School
Sheldon High School
Utilities
No Cooling
Heating System Mounted To A Wall or Window
Electric Water Heater
High Speed Internet
Listing and Financial Details
Assessor Parcel Number 1111234
Community Details
Overview
4 Units
Coburg Subdivision
Amenities
Laundry Facilities
Building Details
Operating Expense $13,218
Gross Income $66,480
Net Operating Income $53,262
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$4,895
Year Built
Built in 1970 | Remodeled
Lot Details
0
Listing Details
Standard Status: Active
MLS Status: Active
Property Type: MultiFamily
Stories: 2
Year Built: 1970
Property Condition: UpdatedRemodeled
Property Attached Yn: No
Open House: No
Special Features: None
Property Sub Type: MultiFamily
Interior Features
Basement: CrawlSpace
Storage: IndividualStorageUnits
Total Bedrooms: 8
Lot Size Range: SqFt7000to9999
Exterior Features
Exterior Description: T111Siding
Lot Size: 7,000 to 9,999 SqFt
Foundation Details: ConcretePerimeter
View: No
Lot Features: Level, Seasonal
Road Surface Type: Paved
Roof: Membrane
Garage/Parking
Parking Description: OffStreet
Attached Garage: No
Total Parking Spaces: 4.0
Utilities
Fuel Description: Electricity
Hot Water: Electricity
Internet Service Type: Cable
Cooling: None
Cooling Y N: No
Heating: WallHeater
Heating Yn: No
Sewer: PublicSewer
Water Source: PublicWater
Condo/Co-op/Association
Community Features: Laundry
Schools
Elementary School: Gilham
High School: Sheldon
Middle Or Junior School: Cal Young
Lot Info
Zoning: C-1/D/H
Lot Size Acres: 0.16
Lot Size Sq Ft: 6969.0
Parcel #: 1111234
Green Features
Green Certification: No
Rental Info
Rent Includes: MaintenanceGrounds, Sewer, TrashCollection, Water
Tax Info
Tax Deferral: No
Tax Year: 2024
Tax Annual Amount: 4894.55
Tax Opportunity Zone: No
Multi Family
Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4
Number Of Units Total: 4
Gross Rent Multiplier: 13.46
Annual Gross Income: 66480.0
Property Net Operating Income: 53262.0
Annual Operating Expense: 13218.0
Map
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
Tax History
Year
Tax Paid
Tax AssessmentTax 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.
Brand new 4-unit multifamily investment opportunity! Completed at the end of 2024, this modern build features three attached units and one standalone—each thoughtfully designed with 2 bedrooms, 1.5 baths, and a spacious two-story townhome layout. All units are currently leased to the first-ever tenants. Interior features include hard surface flooring throughout, ductless heat pumps, washer/dryer
Brand new 4-unit multifamily investment opportunity, completed June 2025! This impressive property features four attached units, including a completely rebuilt 2 bed, 1 bath home originally constructed in 1938. Taken down to the studs and seamlessly connected to three newly built townhome-style units, the entire complex offers modern, cohesive design throughout. Each of the new construction units
Fabulous opportunity to own a 4-plex in an ideal, central location. On busline, close to shops, restaurants, medical offices, and more! All units updated and remodeled. Recent roof replacement and new exterior paint. Excellent floorplans-2 units are very spacious with 1400 square feet, 3 bedrooms/2.1 baths, and an additional loft not included in square footage. Third unit is a 2 bedroom, 1 1/2
Derrick RoserKeller Williams Realty Eugene and Springfield
Large East Eugene home long term leased to a non-profit for $4700/month. Current lease runs through 4/30/2028. Ideal property to hold and add value in the future, currently priced at $143/sf. Property has a new roof as of 2024 and newly sided and painted with hardiplank siding. All bathrooms were updated within the last 2 years and the location is in one of Eugene's most sought after locations.
This home is located at 32641 W Mckenzie St, Eugene, OR 97408 and is currently priced at $895,000, approximately $239 per square foot. This property was built in 1970. 32641 W Mckenzie St is a home located in Lane County with nearby schools including Gilham Elementary School, Cal Young Middle School, and Sheldon High School.
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