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Sold on 09/21/2018
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325 W 12th Ave, Eugene, OR 97401

  • $1,125,000

    Last sold 09/21/2018 after 10 Days

  • —

    bed

  • —

    bath

  • 5,964

    Sqft ($189/Sqft)

Multi-family not for sale
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About 325 W 12th Ave

Property type Multi-family
Neighborhood
Year built 1947
HOA fee $0/month
Rental estimate
Property description
Rare opportunity for Prime Downtown apartments, featuring cove ceilings, arched entryways,and all the classic charm from the period built. New roofs and new sewer lines in the last two years. Restaurants, shopping, and Eugene's nightlife just a few block away. Virtually no historical vacancy loss! Solid 6% cap rate with modest rent increases. ***DO NOT DISTURB RESIDENTS***
Listed by
Listing Agent - Darren Stone
Listing Office - Jennings Group Inc
Source: RMLS mls logo
MLS#18664042 • last updated 7 years ago
Movoto checked RMLS for data 14 minutes ago
Overview
Heating Baseboard
MLS # 18664042
Type Multi Family
Status Sold
Property Tax 8947.75
Year Built 1947
Exterior
Exterior Features Block
Lot Desc Level, On Busline, Trees
Amenities / Utilities
Hot Water Tank
Sewer/ Septic Public Sewer
Water Source Public Water
Location
County Lane
Community Features Laundry
Subdivision Downtown
Area 245 - Lane Co: West Eugene
Zoning S-DW
Directions Lincoln St To W 12th Ave
APN 276483
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 750
Unit Type 2: Rent 650
Total # of Units 10
Gross Rent Multiplier 13.29
Operating Expense Scheduled 32160
Net Operating Income 51599
Operating Expense 30715
Gross Scheduled Income 97034
Gross Income 82800
Cap Rate 4.69
Net Scheduled Income 64874
We are not permitted to show value estimates for this property.
  • Oct 2018
    Public Records
  • Oct 25, 2018 Sold
    $1,125,000
  • Oct 2018
    mls logo MLS # 18664042
  • Oct 25, 2018 Sold
    $1,125,000 (+2.3%)
  • Sep 21, 2018 Pending
    —
  • Sep 11, 2018 Listed
    $1,100,000
  • 325 W 12th Ave
    $1.12M
  • 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
River Road/El Camino Del Rio Elementary School
public Grades K-5
Eugene School District 4j
4/10
Kelly Middle School
public Grades 6-8
Eugene School District 4j
3/10
North Eugene High School
public Grades 9-12
Eugene School District 4j
Source: GreatSchools.org © 2026. All rights reserved.

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