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  • Exterior
  • Other
  • Living
  • Kitchen
  • Bath
  • Entry Way
  • Bedroom

443 E 16th Ave, Eugene, OR 97401

  • $1,195,000

  • bed

  • bath

Multi-family for sale 4 hours
Movoto is helping 36 homebuyers near you

About 443 E 16th Ave

Property type Multi-family
Neighborhood
Year built 2009
HOA fee $0/month
Rental estimate
Property description
Exceptional investment opportunity just blocks from the University of Oregon! This 2009 well-maintained duplex offers a rare combination of strong cash flow, modern construction, and a prime campus location. Each spacious unit features 4 generous-sized bedrooms, 2 full bathrooms, an open-concept living area, in-unit laundry, and a functional kitchen with plenty of cabinet and counter space. Assigned carport parking adds convenience, making these units highly desirable for student housing.The lower unit features a private, gated front patio, while the upper unit offers a covered balcony. With gross annual income of approximately $85,728 and a current lease in place through July 2027, this is a turnkey investment with immediate, stable income. Located in one of Eugene's strongest rental markets near the University of Oregon, restaurants, shopping, parks, and public transportation, this property is an outstanding addition to any investment portfolio.
Listed by
Listing Agent - Amber Combs
Listing Office - John L. Scott Eugene
Source: RMLS mls logo
MLS#639442926 • last updated 11 hours ago
Movoto checked RMLS for data 5 minutes ago
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Overview
Heating Wall Heater
MLS # 639442926
Type Multi Family
Status Active
Property Tax 9563.49
Year Built 2009
Exterior
Roof Composition
# Parking Spaces 3
Exterior Features Cement Siding
Lot Desc Level
Amenities / Utilities
Hot Water Electricity
Sewer/ Septic Public Sewer
Water Source Public Water
Location
View City
County Lane
Area 243 - Lane Co: East Eugene
Elementary School Edison
Middle School Roosevelt
High School South Eugene
Zoning R-3
Directions From E Broadway Right On Patterson St Right On E 16th Ave On Right
APN 286730
Multifamily Details
Unit Type 1: # Bedrooms 4
Unit Type 1 : Total Baths 2
Unit Type 2: # Bedrooms 4
Unit Type 2: Total Baths 2
Unit Type 1: Rent 3520
Unit Type 2: Rent 3624
Total # of Units 2
Gross Rent Multiplier 13.94
Net Operating Income 69100
Operating Expense 16628
Gross Income 85728
Cap Rate 5.78
Lot/ Land Details
Road Surface Paved
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Source: GreatSchools.org © 2026. All rights reserved.

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