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Sold on 04/11/2021
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2870 Bailey, Eugene, OR 97401

  • $384,000

    Last sold 04/11/2021 after 4 Days

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    bed

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    bath

Multi-family not for sale
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About 2870 Bailey

Property type Multi-family
Neighborhood
Year built 1947
HOA fee $0/month
Rental estimate
Property description
Nicely maintained 2 bed 1 bath cottage w/ additional full studio.Great rental income opportunity.This property has long term tenants with current market rents.Located in the desired Ferry Street Bridge neighborhood close to shopping,restuarants,autzen stadium,& Sheldon/4J schools.Updated w/original hardwood floors arched doorways,spacious kitchen w/ eating nook,Shared Laundry,Vinyl windows,Newer roof,hot water heaters,siding,interior & exterior paint. Large Shared yard with patio& ample parking.
Listed by
Listing Agent - Amanda Parker
Listing Office - Parker Heights Realty
Source: RMLS mls logo
MLS#21671846 • last updated 5 years ago
Movoto checked RMLS for data 1 minute ago
Overview
Heating Wall Furnace
MLS # 21671846
Type Multi Family
Status Sold
Property Tax 2625.94
Year Built 1947
Exterior
Roof Composition
Exterior Features T-111 Siding
Lot Desc Corner Lot, Trees
Amenities / Utilities
Hot Water Electricity
Sewer/ Septic Public Sewer
Water Source Public Water
Location
County Lane
Area 242 - Lane Co: Ferry Street Bridge
Elementary School Bertha Holt
Middle School Monroe
High School Sheldon
Zoning R-1
Directions Coburg To Bailey.
APN 1904109
Multifamily Details
Unit Type 1: # Bedrooms 2
Unit Type 1 : Total Baths 1
Unit Type 2: # Bedrooms 1
Unit Type 2: Total Baths 1
Unit Type 1: Rent 1250
Unit Type 2: Rent 650
Total # of Units 2
Gross Rent Multiplier 15.79
Net Operating Income 22800
Gross Income 22800
Cap Rate 6.34
Lot/ Land Details
Road Surface Concrete, Paved
We are not permitted to show value estimates for this property.
  • May 2021
    mls logo MLS # 21671846
  • May 7, 2021 Sold
    $384,000 (+6.7%)
  • Apr 11, 2021 Pending
    —
  • Apr 7, 2021 Listed
    $359,900
  • Apr 2021
    mls logo MLS # 21627189
  • Apr 11, 2021 Pending
    —
  • Apr 7, 2021 Listed
    $359,900
  • 2870 Bailey
    $384K
  • Harlow
    $545K -5% y/y
  • 97401
    $575K +4% y/y
  • Eugene
    $525K -2% y/y
No chart available
Statistics calculated by Movoto

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6/10
Holt Elementary School
public Grades K-5
Eugene School District 4j
2/10
Monroe Middle School
public Grades 6-8
Eugene School District 4j
7/10
Sheldon High School
public Grades 9-12
Eugene School District 4j
Source: GreatSchools.org © 2026. All rights reserved.

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