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Sold on 03/10/2022
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322 E 16th Ave, Eugene, OR 97401

  • $670,000

    Last sold 03/10/2022 after 6 Days

  • —

    bed

  • —

    bath

  • 2,470

    Sqft ($271/Sqft)

Multi-family not for sale
Movoto is helping 36 homebuyers near you

About 322 E 16th Ave

Property type Multi-family
Neighborhood
Year built 1910
HOA fee $0/month
Rental estimate
Property description
This is the opportunity you've been waiting for to own a triplex near the University of Oregon! Craftsman-style converted many decades ago to a multi-unit. Add to your investment portfolio; purchase for an incoming student, and/or increase to market rents to capitalize on the current rental season. Call your Broker for more info on existing leases and opportunities.
Listed by
Listing Agent - Brent Cole
Listing Agent Contact: 541-556-5093
Listing Office - Triple Oaks Realty LLC
Source: RMLS mls logo
MLS#22008915 • last updated 4 years ago
Movoto checked RMLS for data 25 minutes ago
Overview
Cooling/AC None
Heating Baseboard
MLS # 22008915
Type Multi Family
Status Sold
Property Tax 4582.38
Year Built 1910
Exterior
Roof Composition
Exterior Features Wood Siding
Lot Desc Level
Amenities / Utilities
Hot Water Electricity
Sewer/ Septic Public Sewer
Water Source Public Water
Location
County Lane
Area 243 - Lane Co: East Eugene
Elementary School Edison
Middle School Roosevelt
High School South Eugene
Zoning R3
Directions High Street To E. 16th.
APN 280840
Multifamily Details
Unit Type 3: Total Baths 1
Unit Type 1: # Bedrooms 2
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 1395
Unit Type 3: Rent 700
Unit Type 2: Rent 1695
Total # of Units 3
Gross Rent Multiplier 16.09
Operating Expense Scheduled 7200
Net Operating Income 34624
Operating Expense 6075
Gross Scheduled Income 48000
Gross Income 40699
Cap Rate 5.29
Net Scheduled Income 40800
Lot/ Land Details
Road Surface Paved
We are not permitted to show value estimates for this property.
  • Apr 2022
    mls logo MLS # 22008915
  • Apr 15, 2022 Sold
    $670,000 (+2.3%)
  • Mar 10, 2022 Pending
    —
  • Mar 4, 2022 Listed
    $655,000
  • 322 E 16th Ave
    $670K
  • West University
    $565K +19% 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
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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