Movoto Real Estate
Search
About Home value Property history Market statistics Schools Neighborhood Places of interest
Sold on 06/24/2023
  • Map Image
  • Map Image
  • Map Image

671 E 16th Ave, Eugene, OR 97401

  • $1,315,000

    Last sold 06/24/2023 after 8 Days

  • —

    bed

  • —

    bath

  • 6,204

    Sqft ($212/Sqft)

Multi-family not for sale
Movoto is helping 36 homebuyers near you

About 671 E 16th Ave

Property type Multi-family
Neighborhood
Year built 1946
HOA fee $0/month
Rental estimate
Property description
8 unit University area apartment complex located just two blocks from campus. Fully leased for 2023/2024 school year with upside in rents. Vinyl windows with kitchen and bathroom updates.
Listed by
Listing Agent - Kristena Cox
Listing Agent Contact: 541-501-3399
Listing Office - Windermere RE Lane County
Source: RMLS mls logo
MLS#23049108 • last updated 2 years ago
Movoto checked RMLS for data 6 minutes ago
Overview
Heating Baseboard
MLS # 23049108
Type Multi Family
Status Sold
Property Tax 6662.14
Year Built 1946
Exterior
Exterior Features Wood Siding
Amenities / Utilities
Sewer/ Septic Public Sewer
Water Source Public Water
Location
View City
County Lane
Subdivision WEST UNIVERSITY NEIGHBORS
Area 243 - Lane Co: East Eugene
Elementary School Edison
Middle School Roosevelt
High School South Eugene
Zoning R-3
Directions Hilyard To E. 16th To Address
APN 286375
Multifamily Details
Unit Type 3: Total Baths 1
Unit Type 1: # Bedrooms 3
Unit Type 6: # Bedrooms 1
Unit Type 1 : Total Baths 1
Unit Type 5: # Bedrooms 1
Unit Type 2: # Bedrooms 1
Unit Type 3: # Bedrooms 1
Unit Type 6: Total Baths 1
Unit Type 4: Total Baths 1
Unit Type 7: Total Baths 1
Unit Type 8: # Bedrooms 2
Unit Type 7: # Bedrooms 1
Unit Type 2: Total Baths 1
Unit Type 4: # Bedrooms 3
Unit Type 8: Total Baths 1
Unit Type 5: Total Baths 1
Unit Type 6: Rent 845
Unit Type 1: Rent 2250
Unit Type 7: Rent 1125
Unit Type 4: Rent 1920
Unit Type 3: Rent 1425
Unit Type 2: Rent 1200
Unit Type 5: Rent 1095
Unit Type 8: Rent 1492
Total # of Units 8
Gross Rent Multiplier 10.21
Operating Expense Scheduled 39555
Net Operating Income 91293
Operating Expense 45327
Gross Scheduled Income 144340
Gross Income 136620
Cap Rate 6.54
Net Scheduled Income 104785
Lot/ Land Details
Road Surface Concrete
We are not permitted to show value estimates for this property.
  • Jul 2023
    mls logo MLS # 23049108
  • Jul 10, 2023 Sold
    $1,315,000 (-5.7%)
  • Jun 25, 2023 Pending
    —
  • Jun 19, 2023 Price Change
    $1,395,000 (+4.1%)
  • Jun 16, 2023 Listed
    $1,340,000
  • 671 E 16th Ave
    $1.31M
  • West University
    $565K -54% y/y
  • 97401
    $599K +8% y/y
  • Eugene
    $524K -2% y/y
No chart available
Statistics calculated by Movoto

Thinking of selling? Get a Cash Offer.

  • A smooth, fast sale
  • Skip staging and repairs
  • No strings attached
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.

Around West University

Explore everything this neighborhood has to offer. Learn more about West University.
View homes for sale in West University
By entering my info and clicking Ask a Question below, I am providing my e-signature and express written consent to receive marketing emails, calls, and texts (including via automatic telephone dialing systems, AI generative, artificial or pre-recorded voice technology) relating to my inquiry from Movoto (and parties calling/messaging on their behalf) even if my number appears on the company, state, or national Do Not Call Registry. You also agree to ourTerms and Conditions and Privacy Policy. Consent not required to receive services (call 1-844-420-1270 to be connected without providing consent).

Nearby recently sold homes in Eugene, OR

Nearby homes for sale in Eugene, OR

Newest listings in 97401

  • Real Estate
  • OR
  • Lane County
  • Eugene
  • 97401
  • West University
  • 671 E 16th Ave
Meet with a real estate agent today (844) 430-0869
  • Movoto Logo
  • Download IOS APP Download Android APP
The multiple listing information is provided by Oregon MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information updated every 15 minutes. Terms of use & Privacy Policy, California Privacy Info. Copyright © 2005 - 2026 Movoto, Inc. All rights reserved. Equal Housing Opportunity CalDRE CalDRE #01517281
Movoto Real Estate is committed to ensuring accessibility for individuals with disabilities. We are continuously working to improve the accessibility of our web experience for everyone. We welcome feedback and accommodation requests, please submit them here.
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Movoto are marked with the RMLS™ , and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS™, Portland, Oregon. This content last updated on 5/27/2026. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.
Requests for information regarding mortgage products will be directed to Movoto.com affiliate, Lower, LLC - a licensed Mortgage Lender (NMLS #1124061), or, based on your location, may be redirected to a participating mortgage marketing partner that may pay Lower, LLC for any consumer contact information provided through this site.