Movoto Real Estate
Sold on 08/20/2025
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3420 River Rd, Eugene, OR 97404

  • $325,000

    Last sold 08/20/2025 after 5 Days

  • bed

  • bath

  • 1,658

    Sqft ($196/Sqft)

Multi-family not for sale
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About 3420 River Rd

Property type Multi-family
Neighborhood
Year built 1948
HOA fee $0/month
Lot size 0.26 Acre
Rental estimate
Property description
Duplex with strong potential in a desirable Santa Clara location. Opportunity awaits with the generous quarter-acre corner lot. The front unit offers approximately 1,200 sq. ft. with 2 bedrooms and 1 bath, while the back unit is a 1-bedroom, 1-bath studio of about 450 sq. ft. Both are currently under-rented, creating strong potential for increased income. The property’s size and corner positioning offer excellent possibilities—expand the existing footprint, develop a multi-unit complex, or renovate the current duplex to maximize rental returns. Ample off-street parking is available behind the building, adding convenience for tenants. A solid investment opportunity in a desirable neighborhood.
Listed by
Listing Agent - Jon Eschrich
Listing Agent Contact: 541-968-2655
Listing Office - Triple Oaks Realty LLC
Source: RMLS mls logo
MLS#390875361 • last updated 8 months ago
Movoto checked RMLS for data 6 minutes ago
Overview
Heating Baseboard, WallHeater
MLS # 390875361
Type Multi Family
Status Sold
Lot Size (SqFt) 11325
Lot Size (Acres) 0.26
Property Tax 2342.54
Year Built 1948
Exterior
Roof Composition
Exterior Features Cedar, T111Siding
Lot Desc Corner Lot
Amenities / Utilities
Hot Water Electricity
Sewer/ Septic Public Sewer
Water Source Public Water
Location
County Lane
Area 248 - Lane Co: Santa Clara
Elementary School Spring Creek
Middle School Madison
High School North Eugene
Zoning R1
Directions Corner Of W. Anchor And River Rd
APN 1496288
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 1020
Unit Type 2: Rent 850
Total # of Units 2
Gross Rent Multiplier 14.48
Net Operating Income 18040
Operating Expense 4400
Gross Scheduled Income 28200
Gross Income 22440
Cap Rate 5.55
Lot/ Land Details
Road Surface Concrete, Gravel
We are not permitted to show value estimates for this property.
  • Sep 2025
    mls logo MLS # 390875361
  • Sep 22, 2025 Sold
    $325,000
  • Aug 20, 2025 Pending
  • Aug 15, 2025 Listed
    $325,000
  • 3420 River Rd
    $325K
  • Santa Clara
    $519K +4% y/y
  • 97404
    $519K +9% y/y
  • Eugene
    $525K -2% y/y
No chart available
Statistics calculated by Movoto

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Source: GreatSchools.org © 2026. All rights reserved.

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