$515,000
- 5 Beds
- 3 Baths
- 2,999 Sq Ft
- 1233 W 8th Ave
- Eugene, OR
Fully leased Triplex Investment Property in Eugene. Well situated close to shopping, schools, bus-line, and downtown. DO NOT DISTURB RESIDENTS
Darren Stone Jennings Group Inc
3770 Willamette St Eugene, OR 97405
Crest Drive Neighborhood
--
Bed
--
Bath
2,512
Sq Ft
6,969
Sq Ft Lot
Highlights
- Heating unit installed on the ceiling
- 2 Car Garage
- Level Lot
- Spencer Butte Middle School Rated A-
- High Speed Internet
About This Home
As of January 2025This South Eugene duplex is a stellar rental with plenty of off street parking for each unit, two floors for separation of space in 1,250+ square feet each side, one-care garages, 1.5 bathrooms, utility room with hook-ups, Some laminate & carpet in each unit, small yard space, plus easy access to schools, grocery, and public transportation. PLUS vaulted ceilings in the living rooms, fenced yards, and solar power to help off-set electric bills too. Lot to the north of the property is also included - buyer to gather due diligence for allowed usage or expansion. The current owners have self-managed this property for decades, but it is time to sell!
Last Agent to Sell the Property
Worthland Real Estate Brokerage Email: Chuck@WorthlandRealEstate.com License #200402110 Listed on: 12/02/2024
Last Buyer's Agent
Worthland Real Estate Brokerage Email: Chuck@WorthlandRealEstate.com License #200402110 Listed on: 12/02/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,479
Year Built
- Built in 1977
Lot Details
- 6,969 Sq Ft Lot
- Level Lot
Parking
- 2 Car Garage
- Driveway
Home Design
- Composition Roof
- Plywood Siding Panel T1-11
- Concrete Perimeter Foundation
Interior Spaces
- 2,512 Sq Ft Home
- 2-Story Property
- Crawl Space
Schools
- Edgewood Elementary School
- Spencer Butte Middle School
- South Eugene High School
Utilities
- No Cooling
- Heating unit installed on the ceiling
- Electric Water Heater
- High Speed Internet
Listing and Financial Details
- Assessor Parcel Number 0643021
Community Details
Overview
- 2 Units
Building Details
- Operating Expense $5,479
- Gross Income $41,880
- Net Operating Income $36,401
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 2, 2024
Closed on
Jan 29, 2025
Sold by
Joyce D Summers Revocable Living Trust and Summers Joyce D
Bought by
Wetherald Charles and Chuck Wetherald 401K Plan
Seller's Agent
Charles Wetherald
Worthland Real Estate
Buyer's Agent
Charles Wetherald
Worthland Real Estate
List Price
$525,000
Sold Price
$525,000
Views
59
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,273
Avg. Annual Appreciation
21.45%
Original Mortgage
$435,400
Outstanding Balance
$413,439
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$151,801
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LAUREN MARTINEZ Premiere Property Group, LLC
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Cascade Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $435,400 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/31/2025 01/31/25 | Sold | $525,000 | 0.0% | $209 / Sq Ft |
| 01/09/2025 01/09/25 | Pending | -- | -- | -- |
| 12/02/2024 12/02/24 | For Sale | $525,000 | -- | $209 / Sq Ft |
Source: Regional Multiple Listing Service (RMLS)
Tax History Compared to Growth
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 | $5,479 | $268,410 | $0 | $0 |
| 2022 | $5,133 | $260,593 | $0 | $0 |
| 2021 | $4,821 | $253,003 | $0 | $0 |
| 2020 | $4,838 | $245,634 | $0 | $0 |
| 2019 | $4,673 | $238,480 | $0 | $0 |
| 2018 | $4,398 | $224,790 | $0 | $0 |
| 2017 | $4,201 | $224,790 | $0 | $0 |
| 2016 | $4,062 | $218,243 | $0 | $0 |
| 2015 | $3,846 | $211,886 | $0 | $0 |
| 2014 | $3,790 | $205,715 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Charles Wetherald
Seller's Agent in 2025
Charles Wetherald
Worthland Real Estate
(541) 729-9971
5 in this area
95 Total Sales
Map
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 24375454
APN: 0643021
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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.
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