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Sold on 03/27/2024
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1857 Mill St, Eugene, OR 97401

  • $716,000

    Last sold 03/27/2024 for $666K

  • —

    bed

  • —

    bath

  • 2,221

    Sqft ($300/Sqft)

Multi-family not for sale
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About 1857 Mill St

Property type Multi-family
Neighborhood
Year built 1948
HOA fee $0/month
Lot size 5,227 Sqft
Movoto estimate
Rental estimate
Property description
Welcome to this beautifully maintained triplex nestled in the heart of South East Eugene. Boasting three separate units, this property offers a rare opportunity for investors or homeowners seeking rental income. Each unit features its own distinct charm, providing a comfortable and inviting living space for tenants. Main house features 3 bedrooms 1 bath, with hard wood floors. There are two smaller 1 bed 1 bath houses detached from the main house. Coin operated laundry.
Listed by
Listing Agent - Tanner Stottlemyre
Listing Office - eXp Realty LLC
Source: RMLS mls logo
MLS#24640216 • last updated 2 years ago
Movoto checked RMLS for data 6 minutes ago
Overview
Heating Forced Air
MLS # 24640216
Type Multi Family
Status Sold
Lot Size (SqFt) 5227
Lot Size (Acres) 0.12
Property Tax 6705.59
Year Built 1948
Exterior
Roof Composition
# Parking Spaces 2
Exterior Features Wood Siding
Amenities / Utilities
Hot Water Electricity
Sewer/ Septic Public Sewer
Water Source Public Water
Location
County Lane
Subdivision 411515 - Urban Mixed Multi-Fam
Area 243 - Lane Co: East Eugene
Elementary School Edison
Middle School Roosevelt
High School South Eugene
Zoning R3
Directions Mill Street, Between E18th And E19th
APN 600088
Multifamily Details
Unit Type 3: Total Baths 1
Unit Type 1: # Bedrooms 3
Unit Type 1 : Total Baths 1
Unit Type 2: # Bedrooms 1
Unit Type 3: # Bedrooms 1
Unit Type 2: Total Baths 1
Unit Type 1: Rent 1995
Unit Type 3: Rent 965
Unit Type 2: Rent 965
Total # of Units 3
Gross Rent Multiplier 17.69
Operating Expense Scheduled 10235
Net Operating Income 22512
Operating Expense 9878
Gross Scheduled Income 52000
Gross Income 38427
Cap Rate 3.31
Net Scheduled Income 41765
$716K
Range: $615K-$816K
Last 30 days 
Rental est.: $813/month
Gross rent multiplier: 68.4
  • Apr 2024
    mls logo MLS # 24640216
  • Apr 19, 2024 Sold
    $666,900
  • Mar 27, 2024 Pending
    —
  • Mar 25, 2024 Listed
    $679,900 (+65.4%)
  • Apr 2024
    Public Records
  • Apr 19, 2024 Sold
    $666,900 (-1.9%)
  • Apr 2016
    Public Records
  • Apr 29, 2016 Sold
    $411,000 (+9.6%)
  • Apr 2007
    Public Records
  • Apr 12, 2007 Sold
    $375,000
  • 1857 Mill St
    $666K
  • South University
    $719K +9% y/y
  • 97401
    $585K +5% y/y
  • Eugene
    $525K -4% 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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