344 E 14th Ave Eugene, OR 97401
Estimated payment $5,087/month
Highlights
- Forced Air Heating System
- Garage
- Wood Siding
- Edison Elementary School Rated A-
- Level Lot
About This Home
Large West Campus investment opportunity just four blocks from the University of Oregon. This property features a 5-bedroom, 2-bath Craftsman-style home plus a detached 1-bedroom, 1-bath apartment above a 2-car garage. The main house includes bonus rooms, a covered deck, and a 1,008 sq ft unfinished basement. Several bedrooms offer large closets with windows.The detached structure includes a 600 sq ft apartment above a 600 sq ft garage currently used for owner storage, with potential to convert the garage to additional living space.The main house is leased beginning mid-August 2026 at $4,000/month, and the apartment rents for $1,425/month starting June 2026, bringing the total future rent to $5,425/month. Prime location with strong rental income and future development potential.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,185
Year Built
- Built in 1900
Lot Details
- 5,227 Sq Ft Lot
- Level Lot
Home Design
- Composition Roof
- Wood Siding
Interior Spaces
- 2-Story Property
- Unfinished Basement
- Basement Storage
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Bathrooms
Parking
- Garage
- Carport
Schools
- Edison Elementary School
- Roosevelt Middle School
- South Eugene High School
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Gas
- Heating System Mounted To A Wall or Window
Listing and Financial Details
- Assessor Parcel Number 0275824
Community Details
Overview
- 2 Units
- West University Neighbors Subdivision
Building Details
- Operating Expense $13,400
- Gross Income $59,744
- Net Operating Income $46,344
Map
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 | $6,185 | $317,460 | -- | -- |
| 2024 | $6,108 | $308,214 | -- | -- |
| 2023 | $6,108 | $299,237 | -- | -- |
| 2022 | $5,722 | $290,522 | $0 | $0 |
| 2021 | $5,375 | $282,061 | $0 | $0 |
| 2020 | $5,394 | $273,846 | $0 | $0 |
| 2019 | $5,209 | $265,870 | $0 | $0 |
| 2018 | $4,904 | $250,609 | $0 | $0 |
| 2017 | $4,684 | $250,609 | $0 | $0 |
| 2016 | $4,568 | $243,310 | $0 | $0 |
| 2015 | $4,437 | $236,223 | $0 | $0 |
| 2014 | $4,347 | $229,343 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/04/2026 03/04/26 | For Sale | $849,000 | +2.3% | -- | |
| 05/03/2021 05/03/21 | Sold | $830,000 | +0.6% | $731 / Sq Ft | View Prior Sale |
| 04/11/2021 04/11/21 | Pending | -- | -- | -- | |
| 04/09/2021 04/09/21 | For Sale | $825,000 | -- | $726 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $830,000 | Cascade Title Co | |
| Interfamily Deed Transfer | -- | Cascade Title Co | |
| Warranty Deed | $520,000 | Cascade Title Co | |
| Interfamily Deed Transfer | -- | Western Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $356,250 | New Conventional | |
| Previous Owner | $60,000 | New Conventional |
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 200074803
APN: 0275824
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Ask me questions while you tour the home.