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423 E 18th Ave, Eugene, OR 97401

$465,000
  • —

    bed

  • —

    bath

  • 1,782

    Sqft ($261/Sqft)

Multi-family for sale 3 hours
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About 423 E 18th Ave

Property type Multi-family
Neighborhood
Year built 1952
HOA fee $0/month
Lot size 2,178 Sqft
Rental estimate
Property description
Excellent Campus Location Duplex! Investors LOVE this location. 100% rental history with competitive rents. Common entrance with up/down units. Secured onsite bike parking inside entry. Property offers two units with separate living, kitchen, and bedrooms. Student-rental history. Currently 100% leased with minimal to zero historic vacancy. If you're looking for UO Campus investments, this is a must have in your portfolio!
Listed by
Listing Agent - Brent Cole
Listing Agent Contact: 541-556-5093
Listing Office - Triple Oaks Realty LLC
Source: RMLS mls logo
MLS#244618036 • last updated 10 hours ago
Movoto checked RMLS for data 10 minutes ago
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Overview
Cooling/AC None
Heating Baseboard
MLS # 244618036
Type Multi Family
Status Active
Lot Size (SqFt) 2178
Lot Size (Acres) 0.05
Property Tax 3807.76
Year Built 1952
Exterior
Roof Composition, Shingle
# Parking Spaces 2
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 R-3
Directions South On Patterson To 18th. W On 18th. Duplex Is On The Right Side Of Street.
APN 287829
Multifamily Details
Unit Type 1: # Bedrooms 2
Unit Type 1 : Total Baths 1
Unit Type 2: # Bedrooms 2
Unit Type 2: Total Baths 1
Unit Type 1: Rent 1445
Unit Type 2: Rent 1425
Total # of Units 2
Gross Rent Multiplier 17.05
Net Operating Income 20985
Operating Expense 6295
Gross Income 27280
Cap Rate 4.51
Lot/ Land Details
Road Surface Paved
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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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  • Real Estate
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  • 423 E 18th Ave

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