Travis Watts - Coldwell Banker Walla Walla Logo
$3,750,000
 $20,131 est/mo Sourced by Back At You

1546 Willamette St,Eugene, OR 97401

Eugene, OR 97401

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Description

The West Eugene Multifamily Portfolio offers 42 residential units plus an office/storage space across four centrally located Eugene properties. The portfolio includes 10 buildings totaling approximately 22,212 square feet and a diversified unit mix of 12 studios/SROs, 22 one-bedroom units, seven two-bedroom units, and one three-bedroom single-family residence. All four properties provide off-street parking, with 32 total spaces, and multiple locations include on-site laundry.The portfolio combines vintage character with meaningful capital improvements, including newer roofing and siding at select properties, along with interior renovations completed as units have turned. Current scheduled NOI is approximately $275,335, providing a 7.34% cap rate at the asking price, with additional upside available through continued rent growth, unit renovations, and operational improvements.

Details

MLS #601208080
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1945
Days On Site21
Listing Provided ByBridge Creek Realty | Ian Crist

Features

Story(s)3
Units42
ZoningR7
Acreage0.15

Interior

HeatingBaseboard, Wall Heater
Heating YnYes
Cooling YnNo

Parking

Attached Garage YnNo

Taxes

Property2403

Area Information

StateOR
CountyLane
CityEugene
Zip Code97401
School DistrictSouth Eugene
Elementary SchoolAdams
High SchoolSouth Eugene
Listing VS Median (in 97401)
Price:
$3,750,000
low | high
Med:
$550,000
100% of Average
On site:
21
low | high
Med:
121
17.355371900826% of Average
Sourced by Back At You

Market Activity 97401

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The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Madaire Realty are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2020 RMLS™, Portland, Oregon.

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Contact

Learn More About This Property

Travis Watts

Travis Watts

Coldwell Banker Walla Walla

Certified Luxury Home Marketing Specialist, Luxury Property Specialist (509) 386-0955travis@teamwatts.com
StateOR
CountyLane
CityEugene
Zip Code97401
School DistrictSouth Eugene
Elementary SchoolAdams
High SchoolSouth Eugene
Listing VS Median (in 97401)
Price:
$3,750,000
low | high
Med:
$550,000
100% of Average
On site:
21
low | high
Med:
121
17.355371900826% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $2.812M - $4.687M
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
1610 OLIVE ST Property Photo 1
$475,000
1610 Olive St
Eugene, OR 97401
Listing Updated: September 2, 2026 at 8:25:56 AM PDT