All property photos
16 photos$1,300,000
Pending (PEN)851 W 5TH AVE, Eugene, OR 97402
- Bedrooms
- —
- Bathrooms
- —
- Square feet
- —
- Acres
- 0.22
About this property
Investor Opportunity! This 8-unit apartment building is only 2 miles from the University of Oregon campus and boasts a 6.13% cap rate on current income. All units are 2-bed/1-bath, 648 sqft. Amenities include on-site laundry, 10 parking spots and shared balconies. Recent upgrades include new exterior paint, new flooring, new cabinets and updated bathrooms in select units. A new owner could recapture $4,800/year by implementing utility bill-backs. Don't miss out on this opportunity!
MLS details
Property information
Overview
- MLS #
- 189796170
- RMLS status
- Pending (PEN)
- Standard status
- Pending
- Property type
- Multi Family
- Year built
- 1968
- Stories
- 2
- County
- Lane
- Zoning
- MF
- Attached property
- No
Listing and taxes
- Listing modified
- Sep 2, 2026, 7:20 AM PDT
- On market
- January 29, 2025
- Days on market
- 575
- Original list price
- $1,400,000
- Annual property tax
- $9,352
- Tax year
- 2024
Interior
- Heating
- Baseboard
Exterior, parking and land
- Lot size
- 9,583 sq ft
- Attached garage
- No
- Exterior
- Wood Composite
Utilities and setting
- Sewer
- Public Sewer
- Water source
- Public Water
- View
- No
Schools
- Middle school
- Kelly
