NOT LISTED FOR SALE

671 E 16th Ave Eugene, OR 97401

1 Bed
1 Bath
6,204 Sq Ft
1946 Built

Last Sold July 06, 2023

Last sale price $1,315,000 $212 Per Sq Ft

4 Days on Market

Highlights

  • City View
  • Baseboard Heating
  • 2-minute walk to West University Park
  • Edison Elementary School Rated A-
  • Wood Siding

About This Home

As of July 2023

8 unit University area apartment complex located just two blocks from campus. Fully leased for 2023/2024 school year with upside in rents. Vinyl windows with kitchen and bathroom updates.

Last Listed By

Kristena Cox-Schmick

Windermere RE Lane County License #990100214 Listed on: 06/19/2023

Windermere RE Lane County

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,662

Year Built

  • Built in 1946

Parking

  • Paved Parking

Home Design

  • Wood Siding

Interior Spaces

  • 6,204 Sq Ft Home
  • 2-Story Property
  • City Views

Schools

  • Edison Elementary School
  • Roosevelt Middle School
  • South Eugene High School

Utilities

  • No Cooling
  • Baseboard Heating

Listing and Financial Details

  • Rent includes sewer, trashcollection, water
  • Assessor Parcel Number 0286375

Community Details

Overview

  • 8 Units
  • West University Neighbors Subdivision

Building Details

  • Operating Expense $45,327
  • Gross Income $136,620
  • Net Operating Income $91,293

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,662

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1946
  • Property Condition: Approximately
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Lot Size Range: SqFt10000to14999

Exterior Features

  • Exterior Description: WoodSiding
  • Lot Size: 10,000 to 14,999 SqFt
  • View: Yes
  • Road Surface Type: Concrete
  • Disclosures: Exempt
  • View: City

Garage/Parking

  • Parking Description: Paved
  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Edison
  • High School: South Eugene
  • Middle Or Junior School: Roosevelt

Lot Info

  • Zoning: R-3
  • Parcel #: 0286375

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2022
  • Tax Annual Amount: 6662.14

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4, UnitTypeType5, UnitTypeType6, UnitTypeType7, UnitTypeType8
  • Number Of Units Total: 8
  • Gross Rent Multiplier: 10.21
  • Annual Gross Income: 136620.0
  • Property Net Operating Income: 91293.0
  • Annual Operating Expense: 45327.0

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
07/06/2023 07/06/23 Sold $1,315,000 -5.7% $212 / Sq Ft
06/24/2023 06/24/23 Pending -- -- --
06/19/2023 06/19/23 Price Changed $1,395,000 +4.1% $225 / Sq Ft
06/19/2023 06/19/23 For Sale $1,340,000 -- $216 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2023

    Kristena Cox-Schmick

    Windermere RE Lane County

    (541) 501-3399

    64 Total Sales

    Kristena Cox-Schmick
    Section Image

  • O

    Buyer's Agent in 2023

    OR and WA Non Rmls

    Non Rmls Broker

    (503) 236-7657

    23,576 Total Sales

    OR and WA Non Rmls
    Section Image
See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23049108

Regional Multiple Listing Service (RMLS)

Oregon Lane County Eugene 97401

671 E 16th Ave, Eugene, OR

Homes for Sale in Eugene, OR

This home is located at 671 E 16th Ave, Eugene, OR 97401 since 19 June 2023. This property was built in 1946. 671 E 16th Ave is a home located in Lane County with nearby schools including Edison Elementary School, Roosevelt Middle School, and South 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.

Regional Multiple Listing Service (RMLS) 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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