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Sold on 03/08/2024
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546 W 8th Ave, Eugene, OR 97401

  • $420,000

    Last sold 03/08/2024 after 27 Days

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    bed

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    bath

Multi-family not for sale
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About 546 W 8th Ave

Property type Multi-family
Neighborhood
Year built 1896
HOA fee $0/month
Lot size 8,712 Sqft
Rental estimate
Property description
TRIPLEX- GREAT RENTAL! - central Eugene, easy to rent and manage. VERY LARGE LOT WITH ALLEY ACCESS- possibility of additional units, (buyer to do due diligence regarding developing the lot). 2 structures on one lot: #1 A very sweet free standing vintage cottage, with addition storage/laundry room. #2: duplex has a large front porch, with small side porches off the kitchen w/access to back yard. All units are 1bed/1 bath approx 600 sq. ft. Good rents, (currently $3185 but 2 units can have availability for increases) Tenants pay most utilities, owner currently pays garbage. Showing with accepted offer. Possible OWNER FINANCING available. Home warranty included in purchase. Low taxes! MUST SEE!!!
Listed by
Listing Agent - Jonathan Minerick
Listing Office - homecoin.com
Source: RMLS mls logo
MLS#24404456 • last updated 2 years ago
Movoto checked RMLS for data 2 minutes ago
Overview
Cooling/AC None
Heating Other
MLS # 24404456
Type Multi Family
Status Sold
Lot Size (SqFt) 8712
Lot Size (Acres) 0.2
Property Tax 3185
Year Built 1896
Exterior
Roof Composition
Exterior Features Lap Siding
Amenities / Utilities
Hot Water Electricity
Sewer/ Septic Public Sewer
Water Source Public Water
Location
County Lane
Area 245 - Lane Co: West Eugene
Elementary School River Road
Middle School Kelly
High School North Eugene
Zoning R-3
Directions W. 8th Between Lincoln And Lawrence On South Side Of Street
APN 268233
Multifamily Details
Unit Type 3: Total Baths 1
Unit Type 1: # Bedrooms 1
Unit Type 1 : Total Baths 1
Unit Type 2: # Bedrooms 1
Unit Type 3: # Bedrooms 1
Unit Type 2: Total Baths 1
Unit Type 1: Rent 1300
Unit Type 3: Rent 845
Unit Type 2: Rent 1040
Total # of Units 3
Gross Rent Multiplier 11.39
Net Operating Income 37680
Operating Expense 3384
Gross Scheduled Income 37680
Gross Income 38220
Cap Rate 8.66
Net Scheduled Income 34846
Lot/ Land Details
Road Surface Concrete
We are not permitted to show value estimates for this property.
  • Apr 2024
    mls logo MLS # 24404456
  • Apr 9, 2024 Sold
    $420,000
  • Mar 8, 2024 Pending
    —
  • Feb 10, 2024 Listed
    $435,275 (+74.1%)
  • Apr 2024
    Public Records
  • Apr 8, 2024 Sold
    $420,000 (-3.5%)
  • Sep 2016
    Public Records
  • Sep 9, 2016 Sold
    $250,000
  • 546 W 8th Ave
    $420K
  • Jefferson Westside
    $465K +6% y/y
  • 97401
    $599K +7% y/y
  • Eugene
    $529K -3% y/y
No chart available
Statistics calculated by Movoto

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4/10
Kelly 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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