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Sold on 11/19/2025
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2307 Willamette St, Eugene, OR 97405

  • $650,000

    Last sold 11/19/2025 after 37 Days

  • —

    bed

  • —

    bath

  • 4,686

    Sqft ($139/Sqft)

Multi-family not for sale
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About 2307 Willamette St

Property type Multi-family
Neighborhood
Year built 1980
HOA fee $0/month
Lot size 8,712 Sqft
Rental estimate
Property description
Unique opportunity for a 5-unit complex in the heart of Eugene, OR. Two detached buildings. The main house has a 3-bedroom unit on the upper level, with a 2-bedroom unit in the basement. Detached triplex along E. 23rd St offers identical 1 bedroom/1 bathroom units. Rental agreements are long-term under month-to-month terms. Property being sold in AS-IS condition and known deferred maintenance exists. Buyer to complete due diligence about possible partition of the two buildings. Zoned for high density residential use. Excellent long-term redevelopment play. Current onsite parking.
Listed by
Listing Agent - Brent Cole
Listing Agent Contact: 541-556-5093
Listing Office - Triple Oaks Realty LLC
Source: RMLS mls logo
MLS#204531424 • last updated 6 months ago
Movoto checked RMLS for data 5 minutes ago
Overview
Cooling/AC None
Heating WallHeater, Zoned
MLS # 204531424
Type Multi Family
Status Sold
Lot Size (SqFt) 8712
Lot Size (Acres) 0.2
Property Tax 8797.26
Year Built 1980
Exterior
Roof Composition
Exterior Features Panel, T111Siding, WoodSiding
Lot Desc Corner Lot
Amenities / Utilities
Hot Water Electricity
Sewer/ Septic Public Sewer
Water Source Public Water
Location
County Lane
Community Features Laundry
Area 243 - Lane Co: East Eugene
Elementary School Adams
Middle School Roosevelt
High School South Eugene
Zoning R-3
Directions Corner Of Willamette Street And E 23rd
APN 615441
Multifamily Details
Unit Type 3: Total Baths 1
Unit Type 1: # Bedrooms 3
Unit Type 1 : Total Baths 1
Unit Type 2: # Bedrooms 2
Unit Type 3: # Bedrooms 1
Unit Type 2: Total Baths 1
Unit Type 1: Rent 1600
Unit Type 3: Rent 865
Unit Type 2: Rent 675
Total # of Units 5
Gross Rent Multiplier 11.69
Net Operating Income 41622
Operating Expense 17838
Gross Income 59460
Cap Rate 5.99
Lot/ Land Details
Road Surface Concrete, Gravel
We are not permitted to show value estimates for this property.
  • Dec 2025
    mls logo MLS # 204531424
  • Dec 19, 2025 Sold
    $650,000 (-6.5%)
  • Nov 19, 2025 Pending
    —
  • Nov 7, 2025 Price Change
    $695,000 (-4.1%)
  • Oct 13, 2025 Listed
    $725,000
  • 2307 Willamette St
    $650K
  • South University
    $649K -2% y/y
  • 97405
    $649K +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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