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Sold on 06/07/2019
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205 E 3rd Ave, Eugene, OR 97401

  • $550,000

    Last sold 06/07/2019 after 74 Days

  • —

    bed

  • —

    bath

  • 3,077

    Sqft ($179/Sqft)

Multi-family not for sale
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About 205 E 3rd Ave

Property type Multi-family
Neighborhood
Year built 1892
HOA fee $0/month
Rental estimate
Property description
Rare Landmark Opportunity. Built in 1892 the Emil Koppe House in downtown East Skinner's Butte Historic District. Prime location near 5th St Market, Willamette River & Hult Center. Exterior restored to original Queen Anne architecture. Great rental history. 3,077 sf home & 350 sf detached studio apt. Ideal for exceptional primary residence, signature professional office, or charming Bed & Breakfast. Incredible million-dollar potential.
Listed by
Listing Agent - Randal/Cindy Whipple
Listing Agent Contact: 541-485-1400
Listing Office - Berkshire Hathaway HomeServices Real Estate Professionals
Source: RMLS mls logo
MLS#19477938 • last updated 6 years ago
Movoto checked RMLS for data Just now
Overview
Heating Forced Air
MLS # 19477938
Type Multi Family
Status Sold
Property Tax 8230.9
Year Built 1892
Exterior
Roof Composition
Exterior Features Wood Siding
Lot Desc Corner Lot, Level, Trees
Amenities / Utilities
Hot Water Gas
Sewer/ Septic Public Sewer
Water Source Public Water
Location
View City
County Lane
Community Features Commons, Laundry
Area 243 - Lane Co: East Eugene
Elementary School Edgewood
Middle School Roosevelt
High School South Eugene
Zoning R-2
Directions Corner Of 3rd And Pearl
APN 257137
Multifamily Details
Unit Type 1: Rent 1895
Unit Type 3: Rent 775
Unit Type 2: Rent 1675
Total # of Units 3
Gross Rent Multiplier 12.11
Net Operating Income 29377
Operating Expense 20155
Gross Income 49533
Cap Rate 4.9
We are not permitted to show value estimates for this property.
  • Jul 2019
    mls logo MLS # 19477938
  • Jul 23, 2019 Sold
    $550,000 (-8.3%)
  • Apr 6, 2019 Pending
    —
  • Mar 25, 2019 Listed
    $600,000 (-7.7%)
  • Apr 2019
    mls logo MLS # 19609361
  • Apr 6, 2019 Pending
    —
  • Mar 25, 2019 Listed
    $600,000
  • Nov 2018
    mls logo MLS # 18306725
  • Nov 14, 2018 Price Change
    $650,000 (-10.3%)
  • Aug 31, 2018 Listed
    $725,000
  • Aug 2018
    mls logo MLS # 18245015
  • Aug 31, 2018 Listed
    $725,000
  • 205 E 3rd Ave
    $550K
  • Downtown Eugene
    $712K +5% y/y
  • 97401
    $595K +7% y/y
  • Eugene
    $526K -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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