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851 W 5TH AVE Eugene, OR $ 1,300,000
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$ 1,300,000 Get more info
851 W 5TH AVE
$ 1,300,000
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Share Save

851 W 5TH AVE

Eugene, OR, 97402
$ 1,300,000
Bedrooms2 Baths1.0

Monthly Estimate*

$ 8,004

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Multi-Family Home for sale in Eugene, OR

for $1,300,000 with 2 bedrooms and 1 full bath. This home was built in 1968 on a lot size of 0.22.

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!

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Multi-Family Active

Price

$ 1,300,000

Bedrooms

2

Full Bath

1

Property Type

Multi-Family

Taxes

$ 9,351

Style

Lot Size

0.22

Year Built

1968

Town/City

Eugene

County/Region

Lane

MLS | Web ID

189796170
Features
General
Sewer PublicSewer
Heating Baseboard
Zoning MF
Year Built 1968
Stories Count 2
Tax Year 2024
Parcel Number 0265320
Gross Income 125430.0
County Lane
Net Operating Income 85774.0
Operating Expense 39655.0
Property Type MultiFamily
HOA N
Rent Includes MaintenanceGrounds Sewer TrashCollection Water
Status Active
Directions W HWY99 > N Monroe St. > W 5th St.
City Eugene
Number Of Units Total 8
MLS Area _245
Lot Size Square Feet 9583.0
Listing Terms Cash Conventional
Tax Annual Amount 9351.68
Middle/Junior High School Kelly
Property Condition Existing
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description TL 01200
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Exterior
Water Source PublicWater
Exterior Description WoodComposite
Lot Size Acres 0.22
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Interior
Unit 1 Baths Total 1
Unit 1 Beds Total 2
Unit Type UnitTypeType1
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Internal Only
Street Number 1 851
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* Excluded Features
List By
Bridge Creek Realty

Broker

icrist@bridgecreekrealty.com

Email

Affordability Calculator

$8,784
Per Month
91%
9%
0%
Monthly Principal & Interest
$8,004
Monthly Property Taxes
$779
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1949264 Elementary School
5445982 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/15/2026$1,300,000 Listed Price

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851 W 5TH AVE, Eugene, OR, 97402 is a Multi-Family Home for sale at $1,300,000 with a lot size of 0.22. 851 W 5TH AVE has 2 bedrooms, 1.0 baths, and was built in 1968. The property's zip code is 97402 which is in Eugene, OR

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