Movoto Real Estate
Sold on 06/19/2024
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4836 Spring Meadow Ave, Eugene, OR 97404

  • $616,000

    Last sold 06/19/2024 for $575K

  • bed

  • bath

  • 2,715

    Sqft ($212/Sqft)

Multi-family not for sale
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About 4836 Spring Meadow Ave

Property type Multi-family
Neighborhood
Year built 1997
HOA fee $0/month
Lot size 8,712 Sqft
Movoto estimate
Parking 2 garage spaces
Rental estimate
Property description
Investment winner! Add this charming duplex property nestled on the desirable north side of town, to your investment portfolio. Each unit features 1,350 square feet of living space, providing 3 bedrooms, 2 and a half baths, and a generously sized living room. Your tenants will enjoy the convenience of a single-car garage for each unit, providing ample parking and storage options. Step outside into the expansive gated yard, offering plenty of space for outdoor activities and enjoyment. Currently tenant occupied, this duplex presents an excellent investment opportunity with rents totaling $2,625 per month. Experience the allure of hassle-free income with the nicest rental properties in town. Don't miss out on this rare chance to own a piece of prime real estate in a thriving neighborhood!
Listed by
Listing Agent - Randal/Cindy Whipple
Listing Agent Contact: 541-485-1400
Listing Office - Berkshire Hathaway HomeServices Real Estate Professionals
Source: RMLS mls logo
MLS#24289761 • last updated 1 year ago
Movoto checked RMLS for data 1 minute ago
Overview
Cooling/AC Heat Pump
Heating Heat Pump
MLS # 24289761
Type Multi Family
Status Sold
Lot Size (SqFt) 8712
Lot Size (Acres) 0.2
Property Tax 7876.02
Year Built 1997
Exterior
Roof Composition
# Parking Spaces 2
# Garage Spaces 2
Exterior Features T111Siding, WoodSiding
Lot Desc Level
Amenities / Utilities
Hot Water Electricity
Sewer/ Septic Public Sewer
Water Source Public Water
Location
County Lane
Area 248 - Lane Co: Santa Clara
Elementary School Awbrey Park
Middle School Madison
High School North Eugene
Zoning R1
Directions River Rd To E Beacon To Spring Meadow
APN 1577798
Multifamily Details
Unit Type 1: # Bedrooms 3
Unit Type 1 : Total Baths 3
Unit Type 2: # Bedrooms 3
Unit Type 2: Total Baths 3
Unit Type 1: Rent 1190
Unit Type 2: Rent 1435
Total # of Units 2
Gross Rent Multiplier 22.29
Net Operating Income 16221
Operating Expense 11149
Gross Income 27370
Cap Rate 2.66
Lot/ Land Details
Road Surface Paved
$616K
Range: $548K-$683K
Last 30 days 
Rental est.: $1,474/month
Gross rent multiplier: 32.5
  • Aug 2024
    mls logo MLS # 24289761
  • Aug 7, 2024 Sold
    $575,000
  • Jun 20, 2024 Pending
  • May 15, 2024 Listed
    $610,000
  • Jul 2024
    Public Records
  • Jul 31, 2024 Sold
    $575,000 (-5.7%)
  • 4836 Spring Meadow Ave
    $575K
  • Santa Clara
    $521K +4% y/y
  • 97404
    $500K +4% y/y
  • Eugene
    $529K -3% y/y
No chart available
Statistics calculated by Movoto

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5/10
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Source: GreatSchools.org © 2026. All rights reserved.

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