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Listed by Triple Oaks Realty LLC • 541-968-0423
$795,000
Est. payment /mo
3,208 SqFt
New
1071 W 13TH AVE Eugene, OR 97402
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,208 sqft
Price per Sqft $247
MLS Listing ID 164563344
Year Built 1978
Annual Tax Amount $6,395
Tax Year 2025
Lot Size 10,890 Sqft
Property Description
Excellent investment opportunity with this well-maintained 4-unit property at 1071–1077 W 13th Ave in Eugene. Each unit offers 2 bedrooms and 1 bathroom with updated interiors and established tenants in place. Current combined rents are $5,900 per month, providing $70,800 in annual scheduled rental income. Estimated annual operating expenses are approximately $19,349, resulting in estimated net operating income of approximately $51,451. Offered at $795,000, the property reflects an indicated cap rate of approximately 6.47%. Convenient Eugene location with easy access to downtown, the University of Oregon, shopping, restaurants, bike paths and public transportation. The seller has personally managed the property without the expense of a professional property management company. Please do not disturb tenants. Contact listing broker for current leases, income and expense information and additional documentation. Showings will be arranged with an accepted offer.
Location
State OR
County Lane
Area _245
Zoning S-JW
Interior
Heating Wall Heater
Cooling None
Exterior
Roof Type Composition
Garage No
Building
Lot Description Level
Story 1
Sewer Public Sewer
Water Public Water
Level or Stories 1
Schools
Elementary Schools Cesar Chavez
Middle Schools Arts & Tech
High Schools Churchill
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
NEARBY SCHOOL & BUSINESS
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