Movoto Real Estate
Search
About Home value Property history Market statistics Schools Neighborhood Places of interest
Sold on 10/16/2016
  • Map Image
  • Map Image
  • Map Image

1639 River Rd, Eugene, OR 97404

  • $581,000

    Last sold 10/16/2016 for $315K

  • —

    bed

  • —

    bath

  • 2,820

    Sqft ($112/Sqft)

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

About 1639 River Rd

Property type Multi-family
Neighborhood
Year built 1998
HOA fee $0/month
Movoto estimate
Rental estimate
Property description
Rents just increased by $100 mo per unit during tenant turnover. Great investment opportunity! Well-maintained, professionally managed triplex. Located close to shopping, schools, and bus line. Individually water metered. Each unit has washer/dryer, covered parking, and storage unit. HOA $70/unit includes cable, garbage, and landscaping. Call Listing Agent for showing details. Please do not disturb tenants.
Listed by
Listing Agent - Rene Nelson
Listing Agent Contact: Lindaobryant1@gmail.com
Listing Office - PacWest Commercial RE, Inc
Source: RMLS mls logo
MLS#16359151 • last updated 2 years ago
Movoto checked RMLS for data 7 minutes ago
Overview
Heating Wall Furnace
MLS # 16359151
Type Multi Family
Status Sold
Property Tax 2850.5
Year Built 1998
Exterior
Roof Composition
# Parking Spaces 3
Exterior Features Aluminum
Lot Desc Level
Amenities / Utilities
Hot Water Electricity
Sewer/ Septic Public Sewer
Water Source Public Water
Location
County Lane
Community Features Laundry
Subdivision RIVER ROAD
Area 247 - Lane Co: River Road
Elementary School Howard
Middle School Colin Kelly
High School North Eugene
Zoning R2
Directions Off River Rd. Just South Of Maxwell
APN 1591690
Multifamily Details
Unit Type 3: Total Baths 2
Unit Type 1: # Bedrooms 2
Unit Type 1 : Total Baths 1
Unit Type 2: # Bedrooms 2
Unit Type 3: # Bedrooms 2
Unit Type 2: Total Baths 1
Unit Type 1: Rent 800
Unit Type 3: Rent 850
Unit Type 2: Rent 800
Total # of Units 3
Gross Rent Multiplier 10.88
Net Operating Income 18900
Operating Expense 10500
Gross Income 29400
Cap Rate 5.91
$581K
Range: $534K-$627K
Last 30 days 
Rental est.: $1,461/month
Gross rent multiplier: 18.2
  • Jun 2021
    mls logo MLS # 21388614
  • Jun 4, 2021 Sold
    $508,100 (+12.9%)
  • Apr 5, 2021 Pending
    —
  • Apr 2, 2021 Listed
    $450,000 (+42.9%)
  • Dec 2016
    mls logo MLS # 16359151
  • Dec 7, 2016 Sold
    $315,000 (-1.5%)
  • Oct 16, 2016 Pending
    —
  • May 26, 2016 Listed
    $319,900
  • 1639 River Rd
    $315K
  • River Road
    $449K +3% y/y
  • 97404
    $519K +9% y/y
  • Eugene
    $525K -2% y/y
No chart available
Statistics calculated by Movoto

Thinking of selling? Get a Cash Offer.

  • A smooth, fast sale
  • Skip staging and repairs
  • No strings attached
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.

Around River Road

Explore everything this neighborhood has to offer. Learn more about River Road.
View homes for sale in River Road
By entering my info and clicking Ask a Question below, I am providing my e-signature and express written consent to receive marketing emails, calls, and texts (including via automatic telephone dialing systems, AI generative, artificial or pre-recorded voice technology) relating to my inquiry from Movoto (and parties calling/messaging on their behalf) even if my number appears on the company, state, or national Do Not Call Registry. You also agree to ourTerms and Conditions and Privacy Policy. Consent not required to receive services (call 1-844-420-1270 to be connected without providing consent).

Nearby recently sold homes in Eugene, OR

Nearby homes for sale in Eugene, OR

Newest listings in 97404

  • Real Estate
  • OR
  • Lane County
  • Eugene
  • 97404
  • River Road
  • 1639 River Rd
Meet with a real estate agent today (844) 430-0869
  • Movoto Logo
  • Download IOS APP Download Android APP
The multiple listing information is provided by Oregon MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information updated every 15 minutes. Terms of use & Privacy Policy, California Privacy Info. Copyright © 2005 - 2026 Movoto, Inc. All rights reserved. Equal Housing Opportunity CalDRE CalDRE #01517281
Movoto Real Estate is committed to ensuring accessibility for individuals with disabilities. We are continuously working to improve the accessibility of our web experience for everyone. We welcome feedback and accommodation requests, please submit them here.
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Movoto are marked with the RMLS™ , and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS™, Portland, Oregon. This content last updated on 6/16/2026. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.
Requests for information regarding mortgage products will be directed to Movoto.com affiliate, Lower, LLC - a licensed Mortgage Lender (NMLS #1124061), or, based on your location, may be redirected to a participating mortgage marketing partner that may pay Lower, LLC for any consumer contact information provided through this site.