$1,300,000

851 W 5TH Ave, Eugene, OR 97402

Multi-Family Home
Built in 1968
9,583sqft lot
—— car garage
$——/sqft
Listed 1 year ago

Property Description

Investor Opportunity! This 8-unit apartment building is only 2 miles from the University of Oregon campus and boasts a 6.13% cap rate on current income. All units are 2-bed/1-bath, 648 sqft. Amenities include on-site laundry, 10 parking spots and shared balconies. Recent upgrades include new exterior paint, new flooring, new cabinets and updated bathrooms in select units. A new owner could recapture $4,800/year by implementing utility bill-backs. Don't miss out on this opportunity!

Listing Status:: Active
Date Added:: January 29, 2025
Data Last Updated:: June 27, 2026 at 7:42PM
Listing Office:: Bridge Creek Realty : 503-508-0131
Listing Agent:: Ian Crist : 503-508-0131
MLS ID:: 189796170

Heating: Baseboard

General: Wood composite

Originating MLS: Regional Multiple Listing ServiceInc.
County: Lane

Zoning: MFTL 012000265320

Water: Public water
Sewer: Public sewer

Source: Regional Multiple Listing ServiceInc.

This listing courtesy of Ian Crist , Bridge Creek Realty

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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