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Sold on 08/10/2020
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475 E 18th Ave, Eugene, OR 97401

  • $717,000

    Last sold 08/10/2020 for $550K

  • —

    bed

  • —

    bath

  • 3,780

    Sqft ($146/Sqft)

Multi-family not for sale
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About 475 E 18th Ave

Property type Multi-family
Neighborhood
Year built 1946
HOA fee $0/month
Movoto estimate
Rental estimate
Property description
PRICE REDUCED!! Plus $20K in updates/improvements have been completed. New electrical service. Really a nice 4-plex with two 1-bedroom/1 bath units, one 2 bedroom/1 bath units, and one 2 bedroom/2 bath unit with bonus room. Three garages in complex which are rented for storage. Convenient to UO, NWCU, LCC, LTD bus lines and shopping. High occupancy in desirable location.
Listed by
Listing Agent - Miriam Bolton
Listing Office - Combined Realty Services
Source: RMLS mls logo
MLS#19395757 • last updated 5 years ago
Movoto checked RMLS for data 11 minutes ago
Overview
Heating Other
MLS # 19395757
Type Multi Family
Status Sold
Property Tax 10392
Year Built 1946
Exterior
Roof Composition
Exterior Features Wood Siding
Lot Desc Commons, Level
Amenities / Utilities
Sewer/ Septic Public Sewer
Water Source Public Water
Location
County Lane
Community Features Commons
Area 243 - Lane Co: East Eugene
Elementary School Edison
Middle School Roosevelt
High School South Eugene
Zoning R-3
Directions E 18th Ave To Ferry Alley. Apartment Complex Is On The Left Hand Side Of The Street.
APN 287803
Multifamily Details
Unit Type 3: Total Baths 1
Unit Type 1: # Bedrooms 2
Unit Type 1 : Total Baths 1
Unit Type 2: # Bedrooms 2
Unit Type 3: # Bedrooms 1
Unit Type 4: Total Baths 1
Unit Type 2: Total Baths 2
Unit Type 4: # Bedrooms 1
Unit Type 1: Rent 845
Unit Type 4: Rent 950
Unit Type 3: Rent 845
Unit Type 2: Rent 1100
Unit Type 5: Rent 75
Total # of Units 7
Gross Rent Multiplier 14.09
Operating Expense Scheduled 20255
Net Operating Income 23083
Operating Expense 26116
Gross Scheduled Income 47320
Gross Income 40805
Cap Rate 4.01
Net Scheduled Income 27064
Lot/ Land Details
Road Surface Paved
$717K
Range: $652K-$781K
Last 30 days 
Rental est.: $777/month
Gross rent multiplier: 61.7
  • Oct 2020
    mls logo MLS # 19395757
  • Oct 1, 2020 Sold
    $550,000 (-7.6%)
  • Jul 17, 2020 Pending
    —
  • Feb 14, 2020 Price Change
    $595,000 (-4.8%)
  • Aug 21, 2019 Listed
    $625,000
  • 475 E 18th Ave
    $550K
  • West University
    $565K +19% y/y
  • 97401
    $599K +8% y/y
  • Eugene
    $524K -2% y/y
No chart available
Statistics calculated by Movoto

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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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