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Sold on 03/01/2026
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154 Norman Ave, Eugene, OR 97404

  • $525,000

    Last sold 03/01/2026 after 5 Days

  • —

    bed

  • —

    bath

  • 2,268

    Sqft ($231/Sqft)

Multi-family not for sale
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About 154 Norman Ave

Property type Multi-family
Neighborhood
Year built 1968
HOA fee $0/month
Lot size 10,018 Sqft
Parking 2 garage spaces
Rental estimate
Property description
Turnkey duplex investment on a large lot with separate fenced backyards!Unit 156 (1,500 SF) offers 4 bedrooms, 1.5 baths, and a remodeled kitchen in 2016 with long-term tenants in place for stable income.Unit 154 (768 SF) features 2 bedrooms, 1.5 baths, granite countertops, upscale appliances, convection oven, and includes washer and dryer. Completely remodeled in 2017.Both units have forced air heating, washer/dryer hookups, attached garages, and private yards.Fully occupied and ideally located near River Road, public transit, schools, and shopping, ready to generate income from day one!
Listed by
Listing Agent - Rita Verdugo
Listing Agent Contact: ICON@TheICONREGroup.com
Listing Office - ICON Real Estate Group
Source: RMLS mls logo
MLS#221976510 • last updated 2 months ago
Movoto checked RMLS for data 7 minutes ago
Overview
Cooling/AC None
Heating Forced Air
MLS # 221976510
Type Multi Family
Status Sold
Lot Size (SqFt) 10018
Lot Size (Acres) 0.23
Property Tax 5358.2
Year Built 1968
Exterior
Roof Composition, Membrane
# Parking Spaces 2
# Garage Spaces 2
Exterior Features T-111 Siding
Lot Desc Level
Amenities / Utilities
Hot Water Gas
Sewer/ Septic Public Sewer
Water Source Public Water
Location
County Lane
Subdivision RIVER ROAD COMMUNITY ORG
Area 247 - Lane Co: River Road
Elementary School Howard
Middle School Kelly
High School North Eugene
Zoning R-1, UL
Directions River Rd To Rosewood Ave, Right Onto Norman Ave.
APN 378065
Multifamily Details
Unit Type 1: # Bedrooms 4
Unit Type 1 : Total Baths 2
Unit Type 2: # Bedrooms 2
Unit Type 2: Total Baths 2
Unit Type 1: Rent 1775
Unit Type 2: Rent 1600
Total # of Units 2
Gross Rent Multiplier 12.96
Net Operating Income 30580
Operating Expense 8120
Gross Income 40500
Cap Rate 5.82
Lot/ Land Details
Road Surface Paved
We are not permitted to show value estimates for this property.
  • Apr 2026
    mls logo MLS # 221976510
  • Apr 10, 2026 Sold
    $525,000
  • Mar 2, 2026 Pending
    —
  • Feb 24, 2026 Listed
    $525,000
  • Nov 2025
    mls logo MLS # 547523236
  • Nov 24, 2025 Listed
    —
  • Nov 12, 2025 Pending
    —
  • Jul 22, 2025 Listed
    $525,000 (+1.9%)
  • Jul 2025
    mls logo MLS # 731504195
  • Jul 11, 2025 Pending
    —
  • Jun 8, 2025 Price Change
    $515,000 (-2.8%)
  • May 28, 2025 Listed
    —
  • May 14, 2025 Pending
    —
  • Apr 16, 2025 Price Change
    $529,999 (-1.9%)
  • Mar 19, 2025 Price Change
    $540,000 (-2.3%)
  • Jan 16, 2025 Listed
    $552,900 (+58.0%)
  • Jul 2018
    mls logo MLS # 18323707
  • Jul 12, 2018 Sold
    $350,000 (-2.8%)
  • Jun 8, 2018 Pending
    —
  • May 18, 2018 Listed
    $359,900
  • 154 Norman Ave
    $525K
  • River Road
    $449K +3% y/y
  • 97404
    $519K +9% y/y
  • Eugene
    $525K -2% y/y
No chart available
Statistics calculated by Movoto

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4/10
Howard Elementary School
public Grades K-5
Eugene School District 4j
4/10
Kelly Middle School
public Grades 6-8
Eugene School District 4j
3/10
North Eugene High School
public Grades 9-12
Eugene School District 4j
Source: GreatSchools.org © 2026. All rights reserved.

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