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Sold on 03/29/2024
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823 W 3rd Ave, Eugene, OR 97402

  • $485,000

    Last sold 03/29/2024 after 104 Days

  • —

    bed

  • —

    bath

  • 1,877

    Sqft ($258/Sqft)

Multi-family not for sale
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About 823 W 3rd Ave

Property type Multi-family
Neighborhood
Year built 1947
HOA fee $0/month
Rental estimate
Property description
Income property in desirable Whiteaker neighborhood. Two units currently rented. POTENTIAL: Convert the garage to a studio for a 3rd unit? Buyer to verify. Garage is owner use only. S-W Whiteaker Special Area zoning: "The purpose of the S-W Whiteaker Special Area Zone is to encourage the economic vitality of the area for employment and industrial, institutional, and commercial uses while also allowing a mix of residential dwellings. This zone has a broad range of permitted uses." - City of Eugene, Code, Land Use, 9.3900.DO NOT DISTURB TENANTS. Appointment only.
Listed by
Listing Agent - David Smid
Listing Agent Contact: 541-345-8100
Listing Office - RE/MAX Integrity
Source: RMLS mls logo
MLS#23661024 • last updated 2 years ago
Movoto checked RMLS for data 1 minute ago
Overview
Cooling/AC Wall Unit(s)
Heating Ductless
MLS # 23661024
Type Multi Family
Status Sold
Property Tax 3617.84
Year Built 1947
Exterior
Roof Composition
# Parking Spaces 3
Exterior Features Wood Siding
Lot Desc Level
Amenities / Utilities
Hot Water Electricity, Tank
Sewer/ Septic Public Sewer
Water Source Public Water
Location
County Lane
Subdivision WHITEAKER
Area 245 - Lane Co: West Eugene
Elementary School River Road
Middle School Kelly
High School North Eugene
Zoning S-W
Directions Monroe Street To W 3rd Street To 823
APN 254522
Multifamily Details
Unit Type 1: # Bedrooms 3
Unit Type 1 : Total Baths 2
Unit Type 2: # Bedrooms 2
Unit Type 2: Total Baths 2
Unit Type 1: Rent 1515
Unit Type 2: Rent 2000
Total # of Units 2
Gross Rent Multiplier 11.26
Operating Expense Scheduled 5700
Net Operating Income 36480
Operating Expense 5700
Gross Scheduled Income 50400
Gross Income 42180
Cap Rate 7.68
Net Scheduled Income 44700
Lot/ Land Details
Road Surface Pervious Pavement
We are not permitted to show value estimates for this property.
  • May 2024
    mls logo MLS # 23661024
  • May 3, 2024 Sold
    $485,000 (+2.1%)
  • Mar 31, 2024 Pending
    —
  • Mar 20, 2024 Price Change
    $475,000 (-4.5%)
  • Feb 24, 2024 Price Change
    $497,500 (-0.5%)
  • Jan 31, 2024 Price Change
    $500,000 (-4.8%)
  • Jan 11, 2024 Price Change
    $525,000 (-4.4%)
  • Dec 30, 2023 Price Change
    $549,000 (-5.2%)
  • Dec 16, 2023 Listed
    $579,000
  • 823 W 3rd Ave
    $485K
  • Whiteaker
    $435K -1% y/y
  • 97402
    $429K +2% y/y
  • Eugene
    $525K -2% 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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