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Sold on 08/21/2024
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1232 W 8th Ave, Eugene, OR 97402

  • $750,000

    Last sold 08/21/2024 after 33 Days

  • —

    bed

  • —

    bath

  • 3,570

    Sqft ($210/Sqft)

Multi-family not for sale
Movoto is helping 36 homebuyers near you

About 1232 W 8th Ave

Property type Multi-family
Neighborhood
Year built 1972
HOA fee $0/month
Lot size 10,454 Sqft
Rental estimate
Property description
Amazing opportunity to own a 4-plex on a huge lot. This complex has great tenants and has been professionally managed for years. There are lots of equity opportunities for the foreseeable future. If you are a seasoned investor looking to grow your portfolio or a new investor looking to get your start, this is a great building.
Listed by
Listing Agent - Aaron Bloom
Listing Agent Contact: 541-735-1829
Listing Office - Windermere RE Lane County
Source: RMLS mls logo
MLS#24542572 • last updated 1 year ago
Movoto checked RMLS for data 9 minutes ago
Overview
Heating Ceiling
MLS # 24542572
Type Multi Family
Status Sold
Lot Size (SqFt) 10454
Lot Size (Acres) 0.24
Property Tax 7028.25
Year Built 1972
Exterior
Roof Composition
# Parking Spaces 6
Exterior Features T-111 Siding
Lot Desc Level, OnBusline
Amenities / Utilities
Hot Water Electricity
Sewer/ Septic Public Sewer
Water Source Public Water
Location
County Lane
Community Features Front Yard Landscaping
Area 245 - Lane Co: West Eugene
Elementary School Cesar Chavez
Middle School Arts & Tech
High School Churchill
Zoning S-jw
Directions Polk To 8th Ave
APN 477982
Multifamily Details
Unit Type 3: Total Baths 2
Unit Type 1: # Bedrooms 2
Unit Type 1 : Total Baths 2
Unit Type 2: # Bedrooms 2
Unit Type 3: # Bedrooms 2
Unit Type 4: Total Baths 2
Unit Type 2: Total Baths 2
Unit Type 4: # Bedrooms 2
Unit Type 1: Rent 1350
Unit Type 4: Rent 1450
Unit Type 3: Rent 1495
Unit Type 2: Rent 1325
Total # of Units 4
Gross Rent Multiplier 11.01
Net Operating Income 42918
Operating Expense 25211
Gross Income 68129
Cap Rate 5.72
We are not permitted to show value estimates for this property.
  • Aug 2024
    mls logo MLS # 24542572
  • Aug 5, 2024 Listed
    —
  • Jul 29, 2024 Pending
    —
  • Jul 26, 2024 Listed
    —
  • Jul 23, 2024 Pending
    —
  • Jul 19, 2024 Listed
    $750,000 (+47.1%)
  • Aug 2017
    mls logo MLS # 17171137
  • Aug 21, 2017 Sold
    $510,000 (+2.0%)
  • Jul 3, 2017 Pending
    —
  • Jun 29, 2017 Listed
    $499,900
  • 1232 W 8th Ave
    $750K
  • Jefferson Westside
    $399K -1% y/y
  • 97402
    $429K +2% y/y
  • Eugene
    $525K -2% y/y
No chart available
Statistics calculated by Movoto

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2/10
Cesar Chavez Elementary School
public Grades K-5
Eugene School District 4j
4/10
Churchill High School
public Grades 9-12
Eugene School District 4j
Source: GreatSchools.org © 2026. All rights reserved.

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