851 W 5th Ave Eugene, OR 97402
Listing Courtesy of: RMLS / Bridge Creek Realty

  851 W 5th Ave Eugene, OR 97402

Active (1 Days)

Description

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 #:
189796170
Taxes
$9,352(2024)
Lot Size
9,583 SQFT
Type
Multifamily
Year Built
1968
County
Lane County

Listed By

Ian Crist, Bridge Creek Realty
Source
RMLS
Last checked Jan 30 2025 at 11:19 PM GMT+0000
Bathroom Details
Heating and Cooling
  • Baseboard
Exterior Features
  • Wood Composite
Utility Information
  • Sewer: Public Sewer
  • Fuel: Electricity
School Information
  • Middle School: Kelly
Stories
  • 2
Location
   
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Estimated Monthly Mortgage Payment

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Disclaimer: 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 Windermere Real Estate Services Company, Inc. are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS, Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. Last updated on (1/30/25 15:19). Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.