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Listed by John L. Scott Eugene
$1,195,000
Est. payment /mo
Active
443 E 16TH AVE Eugene, OR 97401
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 639442926
Year Built 2009
Annual Tax Amount $9,563
Tax Year 2025
Property Description
Exceptional investment opportunity just blocks from the University of Oregon! This 2009 well-maintained duplex offers a rare combination of strong cash flow, modern construction, and a prime campus location. Each spacious unit features 4 generous-sized bedrooms, 2 full bathrooms, an open-concept living area, in-unit laundry, and a functional kitchen with plenty of cabinet and counter space. Assigned carport parking adds convenience, making these units highly desirable for student housing.The lower unit features a private, gated front patio, while the upper unit offers a covered balcony. With gross annual income of approximately $85,728 and a current lease in place through July 2027, this is a turnkey investment with immediate, stable income. Located in one of Eugene's strongest rental markets near the University of Oregon, restaurants, shopping, parks, and public transportation, this property is an outstanding addition to any investment portfolio.
Location
State OR
County Lane
Area _243
Zoning R-3
Rooms
Basement Crawl Space
Interior
Heating Wall Heater
Exterior
View City
Roof Type Composition
Garage No
Building
Lot Description Level
Story 2
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public Water
Level or Stories 2
Schools
Elementary Schools Edison
Middle Schools Roosevelt
High Schools South Eugene
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Nearby Locations
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