$795,000
$100K PRICE DROP

32641 W Mckenzie St Eugene, OR 97408

Coburg Neighborhood

Estimated payment $4,623/month

Total Views 3,276
8 Beds
4 Baths
3,736 Sq Ft
$213 Price per Sq Ft

Highlights

  • Storage
  • High Speed Internet
  • Heating System Mounted To A Wall or Window
  • Laundry Facilities
  • Level Lot
  • 2-minute walk to Norma Pfeiffer Park

About This Home

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.

Listing Agent

Teri Dibos

Keller Williams Realty Eugene and Springfield Brokerage Phone: 541-606-1493 License #201206681 Listed on: 08/22/2025

Keller Williams Realty Eugene and Springfield

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 $69,340
  • Net Operating Income $56,142

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: 11.47
  • Annual Gross Income: 69340.0
  • Property Net Operating Income: 56142.0
  • Annual Operating Expense: 13218.0

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
2024 $4,895 $290,495 -- --
2023 $4,895 $282,034 $0 $0
2022 $4,603 $273,820 $0 $0
2021 $4,278 $265,845 $0 $0
2020 $4,329 $258,102 $0 $0
2019 $4,176 $250,585 $0 $0
2018 $3,893 $236,201 $0 $0
2017 $3,706 $236,201 $0 $0
2016 $3,525 $229,321 $0 $0
2015 $3,367 $222,642 $0 $0
2014 $3,313 $216,157 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/06/2025 10/06/25 Price Changed $795,000 -3.6% $213 / Sq Ft
09/30/2025 09/30/25 Price Changed $825,000 -2.9% $221 / Sq Ft
09/08/2025 09/08/25 Price Changed $850,000 -5.0% $228 / Sq Ft
08/22/2025 08/22/25 For Sale $895,000 -- $240 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed -- Cascade Title
Warranty Deed $700,000 Cascade Title
Warranty Deed -- None Listed On Document
Warranty Deed -- Cascade Title Company
Warranty Deed -- None Available
Warranty Deed $140,000 Fidelity Natl Title Co Of Or
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $525,000 New Conventional
Source: Public Records

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 334400729

Regional Multiple Listing Service (RMLS)

APN: 1111234