Movoto Real Estate
Sold on 11/07/2025
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939 W 4th Ave, Eugene, OR 97402

  • $450,000

    Last sold 11/07/2025 after 1 Day

  • bed

  • bath

  • 2,986

    Sqft ($151/Sqft)

Multi-family not for sale
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About 939 W 4th Ave

Property type Multi-family
Neighborhood
Year built 1910
HOA fee $0/month
Lot size 7,840 Sqft
Movoto estimate
Rental estimate
Property description
Welcome to the vibrant Whiteaker neighborhood, one of Eugene’s most iconic areas known for its restaurants, breweries, and nightly entertainment. This five-unit multifamily property sits just steps from all the best the Whiteaker has to offer — making it a premier investment opportunity with huge upside potential.With its character, location, and layout, this property would make a fantastic boutique Airbnb conversion or strong long-term rental investment. Zoned R-3 Limited High-Density Residential, it offers both flexibility and future development potential.There is ample parking on the premises behind the building, plus alley access for easy entry and additional parking options.On site Laundry coin-op. Behind the main structure, there’s also another lot with a garage available for sale (MLS #724216330), offering even more potential for expansion or additional income. • One unit currently vacant and available for viewing • Showings on occupied units available with accepted offer – please do not disturb tenants • Parking behind building plus alley access • Seller open to owner carry terms with a large down payment • Actual income and expenses are estimates – limited rental history available
Listed by
Listing Agent - Sandra Boyst
Listing Agent Contact: ICON@TheICONREGroup.com
Listing Office - ICON Real Estate Group
Source: RMLS mls logo
MLS#343625546 • last updated 9 months ago
Movoto checked RMLS for data 8 minutes ago
Overview
Heating Zoned
MLS # 343625546
Type Multi Family
Status Sold
Lot Size (SqFt) 7840
Lot Size (Acres) 0.18
Property Tax 3753.87
Year Built 1910
Exterior
Roof Composition
Exterior Features Asbestos, Other
Lot Desc Level
Amenities / Utilities
Hot Water Electricity
Sewer/ Septic Public Sewer
Water Source Public Water
Location
County Lane
Community Features Laundry
Area 245 - Lane Co: West Eugene
Elementary School River Road
Middle School Kelly
High School North Eugene
Zoning R-3
Directions Madiso, L 4th Ave
APN 254902
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 4: Total Baths 1
Unit Type 2: Total Baths 1
Unit Type 4: # Bedrooms 1
Unit Type 5: Total Baths 1
Unit Type 1: Rent 900
Unit Type 4: Rent 995
Unit Type 3: Rent 995
Unit Type 2: Rent 650
Unit Type 5: Rent 600
Total # of Units 5
Gross Rent Multiplier 11.07
Net Operating Income 39680
Operating Expense 10000
Gross Income 49680
Cap Rate 7.21
$469K
Range: $389K-$548K
Last 30 days 
Rental est.: $1,275/month
Gross rent multiplier: 29.4
  • Nov 2025
    mls logo MLS # 343625546
  • Nov 14, 2025 Sold
    $450,000 (-18.2%)
  • Nov 7, 2025 Pending
  • Nov 7, 2025 Listed
    $550,000 (+29.2%)
  • Jan 2025
    mls logo MLS # 24644654
  • Jan 31, 2025 Sold
    $425,750 (-14.8%)
  • Jan 6, 2025 Pending
  • Dec 16, 2024 Price Change
    $499,900 (+11.1%)
  • Dec 16, 2024 Listed
    $449,900
  • Year Property taxes Tax assessment
  • 2024
    $3,707 +2.6%
    $187,055 +3.0%
  • 2023
    $3,613 +4.0%
    $181,607 +3.0%
  • 2022
    $3,473 +6.5%
    $176,318 +3.0%
  • 2021
    $3,262 -0.4%
    $171,183 +3.0%
  • 2020
    $3,274 +3.5%
    $166,198 +3.0%
  • 2019
    $3,162 +6.2%
    $161,358 +6.09%
  • 2018
    $2,976 +4.7%
    $152,096
  • 2017
    $2,843 +2.5%
    $152,096 +3.0%
  • 2016
    $2,772 +3.0%
    $147,666
  • 2015
    $2,693
  • 939 W 4th Ave
    $450K
  • Whiteaker
    $545K +33% y/y
  • 97402
    $430K +1% y/y
  • Eugene
    $526K 0% y/y
No chart available
Statistics calculated by Movoto

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Source: GreatSchools.org © 2026. All rights reserved.

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