939 W 4th Ave Eugene, OR 97402
Whiteaker NeighborhoodEstimated payment $3,207/month
Highlights
- Zoned Heating
- Asbestos
- 4-minute walk to Scobert Gardens
- Laundry Facilities
- Level Lot
About This Home
Welcome to the vibrant Whiteaker neighborhood, one of Eugene’s most iconic areas known for its restaurants, breweries, and nightly entertainment. This five-unit multifamily property sits just steps from all the best the Whiteaker has to offer — making it a premier investment opportunity with huge upside potential.With its character, location, and layout, this property would make a fantastic boutique Airbnb conversion or strong long-term rental investment. Zoned R-3 Limited High-Density Residential, it offers both flexibility and future development potential.There is ample parking on the premises behind the building, plus alley access for easy entry and additional parking options.On site Laundry coin-op. Behind the main structure, there’s also another lot with a garage available for sale (MLS #724216330), offering even more potential for expansion or additional income. • One unit currently vacant and available for viewing • Showings on occupied units available with accepted offer – please do not disturb tenants • Parking behind building plus alley access • Seller open to owner carry terms with a large down payment • Actual income and expenses are estimates – limited rental history available
Listing Agent
ICON Real Estate Group Brokerage Email: ICON@TheICONREGroup.com License #201208715 Listed on: 11/07/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,754
Year Built
- Built in 1910
Lot Details
- 7,840 Sq Ft Lot
- Level Lot
Parking
- Driveway
Home Design
- Composition Roof
- Asbestos
Interior Spaces
- 2,986 Sq Ft Home
- 2-Story Property
- Crawl Space
Bedrooms and Bathrooms
- 4 Bedrooms
- 5 Bathrooms
Schools
- River Road Elementary School
- Kelly Middle School
- North Eugene High School
Utilities
- No Cooling
- Zoned Heating
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 0254902
Community Details
Building Details
- Operating Expense $10,000
- Gross Income $49,680
- Net Operating Income $39,680
Additional Features
- 5 Units
- Laundry Facilities
Map
Home Values in the Area
Average Home Value in this Area
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 | $3,707 | $187,055 | -- | -- |
| 2023 | $3,707 | $181,607 | $0 | $0 |
| 2022 | $3,473 | $176,318 | $0 | $0 |
| 2021 | $3,262 | $171,183 | $0 | $0 |
| 2020 | $3,274 | $166,198 | $0 | $0 |
| 2019 | $3,162 | $161,358 | $0 | $0 |
| 2018 | $2,976 | $152,096 | $0 | $0 |
| 2017 | $2,843 | $152,096 | $0 | $0 |
| 2016 | $2,772 | $147,666 | $0 | $0 |
| 2015 | $2,693 | $143,365 | $0 | $0 |
| 2014 | $2,638 | $139,189 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/07/2025 11/07/25 | Pending | -- | -- | -- | |
| 11/07/2025 11/07/25 | For Sale | $550,000 | +29.2% | $184 / Sq Ft | |
| 01/30/2025 01/30/25 | Sold | $425,750 | -14.8% | $143 / Sq Ft | View Prior Sale |
| 01/04/2025 01/04/25 | Pending | -- | -- | -- | |
| 12/16/2024 12/16/24 | Price Changed | $499,900 | +11.1% | $167 / Sq Ft | |
| 12/16/2024 12/16/24 | For Sale | $449,900 | -- | $151 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $425,750 | Fidelity National Title | |
| Interfamily Deed Transfer | -- | None Available |
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 343625546
APN: 0254902
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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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