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427 Washington St, Eugene, OR 97401

  • $355,000

  • —

    bed

  • —

    bath

Multi-family pending
Movoto is helping 36 homebuyers near you

About 427 Washington St

Property type Multi-family
Neighborhood
Year built 1900
HOA fee $0/month
Lot size 3,484 Sqft
Rental estimate
Property description
Unique development opportunity in downtown Eugene. Seller has preliminary plans drawn for a 20 unit apartment or up to a 69 unit single room occupancy complex. Drawings can be provided upon request. Package deal can be made if 490 W 4th ave is also purchased with 427 Washington. Great walk & bike-score! Near The Owen Rose Garden, Downtown Shops, Whiteaker Breweries, the Willamette River, and more! There is so much to see & do in the heart of Eugene. These properties also make great long-term rental investments with the current tenants. (Do don't disturb current tenants, please.) Note: there is currently only one dedicated parking space. $355k
Listed by
Listing Agent - Kit Sixel
Listing Agent Contact: 541-954-1915
Listing Office - Sixel Real Estate
Source: RMLS mls logo
MLS#410025159 • last updated 8 months ago
Movoto checked RMLS for data 4 minutes ago
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Overview
Heating Baseboard, WallHeater
MLS # 410025159
Type Multi Family
Status Active
Lot Size (SqFt) 3484
Lot Size (Acres) 0.08
Property Tax 2678.25
Year Built 1900
Exterior
Roof Composition
# Parking Spaces 1
Exterior Features Wood Siding
Amenities / Utilities
Hot Water Electricity
Sewer/ Septic Public Sewer
Water Source Public Water
Location
County Lane
Subdivision North Eugene Mixed Downtown
Area 247 - Lane Co: River Road
Elementary School River Road
Middle School Kelly
High School North Eugene
Zoning S-W/SR
Directions Near The Corner Of Washington And West 4th Ave Downtown.
APN 256485
Multifamily Details
Unit Type 3: Total Baths 1
Unit Type 1: # Bedrooms 2
Unit Type 1 : Total Baths 1
Unit Type 2: # Bedrooms 1
Unit Type 3: # Bedrooms 1
Unit Type 2: Total Baths 1
Unit Type 1: Rent 1050
Unit Type 2: Rent 1050
Total # of Units 3
Gross Rent Multiplier 10.2
Net Operating Income 32122
Operating Expense 2679
Gross Income 34800
Cap Rate 9.05
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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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  • Real Estate
  • OR
  • Lane County
  • Eugene
  • 97401
  • Downtown Eugene
  • 427 Washington St

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