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Sold on 10/02/2023
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1350 Lawrence St, Eugene, OR 97401

  • $1,400,000

    Last sold 10/02/2023 after 67 Days

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    bed

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    bath

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About 1350 Lawrence St

Property type Multi-family
Neighborhood
Year built 1962
HOA fee $0/month
Rental estimate
Property description
Don't miss your chance to become the proud owner of a prime 7-unit investment property nestled in the highly sought-after downtown Eugene area. Boasting a robust rental history and an impressive track record of low vacancy rates, these units offer an exceptional investment opportunity with boundless potential. Convenience is key, as the property features on-site laundry facilities and generously sized living areas within each unit. Residents will relish the proximity to various shopping options, convenient access to bus lines, and a plethora of other amenities at their fingertips. Seize this golden opportunity to make a wise investment in a thriving location! Please do not disturb tenants.
Listed by
Listing Agent - Joshua Cooley
Listing Office - Keller Williams The Cooley Real Estate Group
Source: RMLS mls logo
MLS#23005157 • last updated 2 years ago
Movoto checked RMLS for data 5 minutes ago
Overview
Heating Ceiling
MLS # 23005157
Type Multi Family
Status Sold
Property Tax 6577.51
Year Built 1962
Exterior
Roof Flat
Exterior Features Wood Siding
Lot Desc Commons, Level, On Busline, Trees
Amenities / Utilities
Hot Water Electricity
Sewer/ Septic Public Sewer
Water Source Public Water
Location
View Trees/Woods
County Lane
Community Features Commons, Laundry
Area 243 - Lane Co: East Eugene
Elementary School Adams
Middle School Roosevelt
High School South Eugene
Zoning R-3
Directions W13th To Lawrence
APN 270155
Multifamily Details
Unit Type 3: Total Baths 1
Unit Type 1: # Bedrooms 2
Unit Type 6: # Bedrooms 1
Unit Type 1 : Total Baths 1
Unit Type 5: # Bedrooms 1
Unit Type 2: # Bedrooms 2
Unit Type 3: # Bedrooms 2
Unit Type 6: Total Baths 1
Unit Type 4: Total Baths 1
Unit Type 7: Total Baths 1
Unit Type 7: # Bedrooms 2
Unit Type 2: Total Baths 1
Unit Type 4: # Bedrooms 2
Unit Type 5: Total Baths 1
Unit Type 6: Rent 900
Unit Type 1: Rent 1550
Unit Type 7: Rent 1550
Unit Type 4: Rent 1550
Unit Type 3: Rent 1550
Unit Type 2: Rent 1550
Unit Type 5: Rent 900
Total # of Units 7
Gross Rent Multiplier 12.22
Net Operating Income 94896
Operating Expense 19704
Gross Income 114600
Cap Rate 6.78
Lot/ Land Details
Road Surface Paved
We are not permitted to show value estimates for this property.
  • Feb 2024
    mls logo MLS # 23005157
  • Feb 15, 2024 Sold
    $1,400,000
  • Oct 3, 2023 Pending
    —
  • Jul 27, 2023 Listed
    $1,400,000 (-5.1%)
  • Feb 2023
    mls logo MLS # 23288634
  • Feb 9, 2023 Listed
    $1,475,000 (-1.6%)
  • Nov 2022
    mls logo MLS # 22236216
  • Nov 21, 2022 Listed
    $1,499,000 (+42.8%)
  • Dec 2021
    mls logo MLS # 21078395
  • Dec 6, 2021 Sold
    $1,050,000 (-12.5%)
  • Oct 1, 2021 Pending
    —
  • Sep 24, 2021 Price Change
    $1,200,000 (-7.7%)
  • Aug 26, 2021 Price Change
    $1,300,000 (-18.8%)
  • Aug 6, 2021 Listed
    $1,600,000
  • 1350 Lawrence St
    $1.4M
  • Jefferson Westside
    $399K -1% y/y
  • 97401
    $599K +8% y/y
  • Eugene
    $525K -2% y/y
No chart available
Statistics calculated by Movoto

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5/10
Adams 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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