Bought with ICON Real Estate Group
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721 W 5th AVE Eugene, OR 97402
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Key Details
Sold Price $475,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,453 sqft
Price per Sqft $137
Subdivision Whiteaker
MLS Listing ID 24640649
Sold Date 07/02/25
Year Built 1910
Annual Tax Amount $4,294
Tax Year 2024
Lot Size 5,227 Sqft
Property Description
Amazing opportunity to acquire a 4 unit multifamily property, in the heart of the Whiteaker neighborhood. With two units per floor, this property also features a full basement with it's own exterior entry. Leading down the basement stairs reveals a common area with a community washer & dryer, and a separate 2 bedroom apartment with a full bathroom and kitchen. This property has been well maintained throughout the years and boasts vinyl windows, updated plumbing & electrical, including 5 brand new electrical panels installed in September of 2024. Each unit has its own meter and water heater, with a separate water heater for the laundry and down stairs apartment. Property is vacant with estimated rents to be $1,150 per unit
Location
State OR
County Lane
Community Commons, Laundry
Area _245
Zoning R-3
Rooms
Basement Exterior Entry, Partially Finished, Separate Living Quarters Apartment Aux Living Unit
Interior
Heating Baseboard, Zoned
Cooling None
Exterior
Community Features Commons, Laundry
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 River Road
Middle Schools Kelly
High Schools North Eugene
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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