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239 E 14th Ave, Eugene, OR 97401

  • $899,000

  • bed

  • bath

  • 3,030

    Sqft ($297/Sqft)

Multi-family for sale 35 days
Movoto is helping 36 homebuyers near you

About 239 E 14th Ave

Property type Multi-family
Neighborhood
Year built 1940
HOA fee $0/month
Lot size 4,356 Sqft
Rental estimate
Property description
Exceptional mixed-use investment opportunity in the heart of downtown Eugene! Located at 237–239 E 14th Ave, this Community Residential zoned property offers versatility, income potential, and a highly desirable central location near the University of Oregon, restaurants, shopping, and downtown amenities.The property features two separate units totaling 7 bedrooms and 2 bathrooms, creating multiple options for investors, owner-occupants, or business-minded buyers seeking live/work flexibility. With 4 dedicated parking spaces — a rare convenience in this area — the property is well-positioned for tenant appeal and long-term value.Ideal for investors looking to maximize rental income, multi-generational living, student housing potential, or entrepreneurs wanting to operate a business while living on-site in one of the units. The flexible Community Residential zoning opens the door to a variety of possible uses and future opportunities.Whether you are looking to expand your investment portfolio, create a live/work setup, or capitalize on the strong demand for housing in downtown Eugene, this property offers flexibility, functionality, and excellent long-term potential.
Listed by
Listing Agent - Mitchell Morgan
Listing Agent Contact: Mitchell.Morgan@worksrealestate.co
Listing Office - Works Real Estate
Source: RMLS mls logo
MLS#246637076 • last updated 1 month ago
Movoto checked RMLS for data 4 minutes ago
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Overview
Cooling/AC None
Heating Forced Air
MLS # 246637076
Type Multi Family
Virtual Tour External Link
Status Active
Lot Size (SqFt) 4356
Lot Size (Acres) 0.1
Property Tax 5466.22
Year Built 1940
Exterior
Roof Composition
# Parking Spaces 8
Exterior Features Wood Siding
Lot Desc Level
Amenities / Utilities
Sewer/ Septic Public Sewer
Water Source Public Water
Location
County Lane
Subdivision Christians 2 Add/Eugene Cit
Area 243 - Lane Co: East Eugene
Elementary School Edison
Middle School Roosevelt
High School South Eugene
Zoning C-2
Directions South On Pearl To East On 14th Ave.
APN 1422946
Multifamily Details
Unit Type 1: # Bedrooms 5
Unit Type 1 : Total Baths 2
Unit Type 2: # Bedrooms 2
Unit Type 2: Total Baths 1
Unit Type 1: Rent 2900
Unit Type 2: Rent 1441
Total # of Units 3
Gross Rent Multiplier 17.26
Net Operating Income 43000
Operating Expense 9092
Gross Income 52092
Cap Rate 4.78
Lot/ Land Details
Road Surface Paved
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Source: GreatSchools.org © 2026. All rights reserved.

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  • Real Estate
  • OR
  • Lane County
  • Eugene
  • 97401
  • West University
  • 239 E 14th Ave

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