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Sold on 05/12/2017
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1312 Mill St, Eugene, OR 97401

  • $1,107,000

    Last sold 05/12/2017 for $1.1M

  • —

    bed

  • —

    bath

  • 7,000

    Sqft ($158/Sqft)

Multi-family not for sale
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About 1312 Mill St

Property type Multi-family
Neighborhood
Year built 1908
HOA fee $0/month
Movoto estimate
Rental estimate
Property description
DO NOT DISTURB TENANTS. Great vintage campus apt. complex. 3 blocks from UO. Units consist of 5 studios and 7 one-bedroom units. Each unit has hardwood floors, vinyl windows and newer paint. Owner reports less than 1% vacancy per year. Current Cap Rate 5.60%, Lease renewals occurring now, Pro-forma Cap Rate 5.75%. Rents quickly due location and size of units.
Listed by
Listing Agent - Rene Nelson
Listing Agent Contact: Lindaobryant1@gmail.com
Listing Office - PacWest Commercial RE, Inc
Source: RMLS mls logo
MLS#17259744 • last updated 2 years ago
Movoto checked RMLS for data 3 minutes ago
Overview
Cooling/AC None
Heating Baseboard
MLS # 17259744
Type Multi Family
Status Sold
Property Tax 8651.54
Year Built 1908
Exterior
Roof Composition
# Parking Spaces 7
Exterior Features Stucco
Lot Desc Corner Lot, Level
Amenities / Utilities
Hot Water Electricity
Sewer/ Septic Public Sewer
Water Source Public Water
Location
County Lane
Area 243 - Lane Co: East Eugene
Elementary School Edison
Middle School Roosevelt
High School South Eugene
Zoning C2/TD
Directions Corner Of 13th & Mill Street
APN 285419
Multifamily Details
Unit Type 3: Total Baths 1
Unit Type 1 : Total Baths 1
Unit Type 5: # Bedrooms 1
Unit Type 3: # Bedrooms 1
Unit Type 4: Total Baths 1
Unit Type 2: Total Baths 1
Unit Type 4: # Bedrooms 1
Unit Type 5: Total Baths 1
Unit Type 1: Rent 600
Unit Type 4: Rent 750
Unit Type 3: Rent 725
Unit Type 2: Rent 625
Unit Type 5: Rent 775
Total # of Units 12
Gross Rent Multiplier 11.37
Operating Expense Scheduled 31950
Net Operating Income 63200
Operating Expense 31100
Gross Scheduled Income 102000
Gross Income 99300
Cap Rate 5.6
Net Scheduled Income 64900
$1.1M
Range: $918K-$1.29M
Last 30 days 
Rental est.: $771/month
Gross rent multiplier: 122.0
  • Jul 2017
    mls logo MLS # 17259744
  • Jul 31, 2017 Sold
    $1,107,481 (-1.9%)
  • May 12, 2017 Pending
    —
  • May 2, 2017 Listed
    $1,129,000
  • 1312 Mill St
    $1.1M
  • West University
    $692K +46% y/y
  • 97401
    $595K +8% y/y
  • Eugene
    $525K -2% y/y
No chart available
Statistics calculated by Movoto

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6/10
Edison Elementary School
public Grades K-5
Eugene School District 4j
5/10
Roosevelt Middle School
public Grades 6-8
Eugene School District 4j
8/10
South Eugene High School
public Grades 9-12
Eugene School District 4j
Source: GreatSchools.org © 2026. All rights reserved.

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