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447 Maxwell Rd, Eugene, OR 97404

  • $549,900

  • bed

  • bath

  • 1,824

    Sqft ($301/Sqft)

Multi-family pending
Movoto is helping 36 homebuyers near you

About 447 Maxwell Rd

Property type Multi-family
Neighborhood
Year built 1962
HOA fee $0/month
Lot size 10,018 Sqft
Parking 2 garage spaces
Rental estimate
Property description
IMMACULATE corner lot River Road duplex with one side vacant and LOW COUNTY TAXES (Does Not Follow Eugene Rental Housing Codes). Occupied unit rents for $1,835/month with tenant paying all utilities. Both 2BD/1BA units offer approximately 912 SF, attached garages, private fenced backyards, garden space, forced air HVAC with heat pumps, Low E vinyl windows, R49 insulation, large storage attics, and fiber optic availability. Exterior painted approximately 3 years ago, irrigation supplied by a separate well, and duplex connected to public water and sewer. Unit 447 (Occupied): Features a remodeled custom hickory kitchen, updated bathroom, hardwood floors, wood stove, fiberglass patio door with integrated blinds, quality window coverings, food producing landscaping, extra long driveway, and a heated 16' x 16' shop with 100 amp service and multiple 240V circuits. Unit 449 (Vacant): Extensively updated in November 2025 with new vinyl kitchen flooring, refinished hardwood floors, fresh interior paint, cultured stone countertops, new kitchen sink, cultured stone walk in shower, new vanity, new exterior back door, and all new appliances, creating a true turnkey opportunity for an owner occupant or new tenant. Additional property improvements include updated electrical service, aluminum gutters, sound insulated party wall, wood burning fireplace inserts, automatic irrigation system, mature landscaping, dedicated garden areas, modern drainage improvements, and separate off street parking suitable for a small RV or boat. Located in one of Eugene's strongest rental markets, this meticulously maintained property offers exceptional pride of ownership, extensive capital improvements, and strong investment potential. 1031 exchanges welcome.
Listed by
Listing Agent - Daniel Gandee
Listing Agent Contact: 458-209-0163
Listing Office - Real Broker
Source: RMLS mls logo
MLS#444143529 • last updated 4 weeks ago
Movoto checked RMLS for data 9 minutes ago
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Overview
Cooling/AC CentralAir, HeatPump
Heating Forced Air
MLS # 444143529
Type Multi Family
Virtual Tour External Link
Status Pending
Lot Size (SqFt) 10018
Lot Size (Acres) 0.23
Property Tax 4282.26
Year Built 1962
Exterior
Roof Composition
# Parking Spaces 2
# Garage Spaces 2
Exterior Features T111Siding, WoodSiding
Lot Desc Corner Lot
Amenities / Utilities
Hot Water Electricity
Sewer/ Septic Public Sewer
Water Source Well
Location
County Lane
Area 247 - Lane Co: River Road
Elementary School Howard
Middle School Kelly
High School North Eugene
Zoning R1-LD
Directions River Rd To Maxwell Rd, Home Is On Corner Of Maxwell And Escalante St
APN 393767
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 1850
Total # of Units 2
Gross Rent Multiplier 24.97
Operating Expense Scheduled 9701
Net Operating Income 14179
Operating Expense 7481
Gross Scheduled Income 44220
Gross Income 22020
Cap Rate 2.58
Net Scheduled Income 34519
Lot/ Land Details
Road Surface Paved
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Source: GreatSchools.org © 2026. All rights reserved.

Around River Road

Explore everything this neighborhood has to offer. Learn more about River Road.
54/100
Walk
78/100
Family
72/100
Dining
89/100
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  • Real Estate
  • OR
  • Lane County
  • Eugene
  • 97404
  • River Road
  • 447 Maxwell Rd

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