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Sold on 02/16/2017
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511 River Loop 2 001, Eugene, OR 97404

  • $240,500

    Last sold 02/16/2017 after 105 Days

  • —

    bed

  • —

    bath

  • 1,720

    Sqft ($140/Sqft)

Multi-family not for sale
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About 511 River Loop 2 001

Property type Multi-family
Neighborhood
Year built 1940
HOA fee $0/month
Rental estimate
Property description
Investors! Front and Back Units are Remodeled 3 bedrooms, 1 bathroom duplex.This is a great investment! All new floors, tile, carpet, & indoor laundry rooms. Front unit features fireplace, beautiful floors a fenced yard. This updated duplex is income producing & or can easily be turned into a two family dwelling. Priced to sell quickly.
Listed by
Listing Agent - Sarah Yancey
Listing Office - Hybrid Real Estate
Source: RMLS mls logo
MLS#16533329 • last updated 2 years ago
Movoto checked RMLS for data 7 minutes ago
Overview
Cooling/AC None
Heating Baseboard
MLS # 16533329
Type Multi Family
Status Sold
Property Tax 2490.83
Year Built 1940
Exterior
Roof Composition
# Parking Spaces 4
Exterior Features Other, Wood Siding
Lot Desc Level, Trees
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 R-1
Directions River Rd To River Loop 2
APN 342632
Multifamily Details
Unit Type 1: # Bedrooms 3
Unit Type 1 : Total Baths 1
Unit Type 2: # Bedrooms 3
Unit Type 2: Total Baths 1
Unit Type 1: Rent 1150
Unit Type 2: Rent 1150
Total # of Units 2
Gross Rent Multiplier 8.33
Operating Expense Scheduled 1125
Net Operating Income 20000
Gross Scheduled Income 27000
Gross Income 27000
Cap Rate 8.89
Net Scheduled Income 27000
We are not permitted to show value estimates for this property.
  • Mar 2017
    mls logo MLS # 16533329
  • Mar 27, 2017 Sold
    $240,500 (+6.9%)
  • Dec 22, 2016 Pending
    —
  • Nov 3, 2016 Listed
    $225,000
  • 511 River Loop 2 001
    $240K
  • Santa Clara
    $519K +9% y/y
  • 97404
    $519K +10% y/y
  • Eugene
    $524K -2% y/y
No chart available
Statistics calculated by Movoto

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5/10
Awbrey Park Elementary School
public Grades K-5
Eugene School District 4j
5/10
Madison 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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