427 WASHINGTON ST Eugene, OR $ 355,000
427 WASHINGTON ST
$ 355,000
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427 WASHINGTON ST

Eugene, OR, 97401
$ 355,000
Bedrooms4 Baths3.0

Monthly Estimate*

$ 2,215

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Multi-Family Home for sale in Eugene, OR

for $355,000 with 4 bedrooms and 3 full baths. This home was built in 1900 on a lot size of 0.08.

Unique development opportunity in downtown Eugene. Seller has preliminary plans drawn for a 20 unit apartment or up to a 69 unit single room occupancy complex. Drawings can be provided upon request. Package deal can be made if 490 W 4th ave is also purchased with 427 Washington. Great walk & bike-score! Near The Owen Rose Garden, Downtown Shops, Whiteaker Breweries, the Willamette River, and more! There is so much to see & do in the heart of Eugene. These properties also make great long-term rental investments with the current tenants. (Do don't disturb current tenants, please.) Note: there is currently only one dedicated parking space. $355k

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Multi-Family Pending

Price

$ 355,000

Bedrooms

4

Full Bath

3

Property Type

Multi-Family

Taxes

$ 2,678

Style

Lot Size

0.08

Year Built

1900

Town/City

Eugene

County/Region

Lane

MLS | Web ID

410025159

Features
General
Sewer PublicSewer
Heating Baseboard WallHeater
Roof Composition
Zoning S-W/SR
Garage Spaces 0
Year Built 1900
Stories Count 2
Tax Year 2024
Parcel Number 0256485
Gross Income 34800.0
County Lane
Net Operating Income 32122.0
Operating Expense 2679.0
Property Type MultiFamily
HOA N
Subdivision Name North Eugene Mixed Downtown
Rent Includes None
Status Pending
Directions Near the corner of Washington and West 4th Ave Downtown.
High School North Eugene
City Eugene
Number Of Units Total 3
MLS Area _247
Lot Size Square Feet 3484.0
Listing Terms Cash Conventional
Elementary School River Road
Tax Annual Amount 2678.25
Middle/Junior High School Kelly
Property Condition Fixer
Standard Status Pending
Accessory Dwelling Unit Y/N N
Legal Description 17-03-30-34-14100
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Interior
Basement CrawlSpace
Hot Water Electricity
Unit 1 Baths Total 1
Unit 1 Beds Total 2
Unit 2 Baths Total 1
Unit 2 Beds Total 1
Unit 3 Baths Total 1
Unit 3 Beds Total 1
Unit Type UnitTypeType1 UnitTypeType2 UnitTypeType3
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Exterior
Parking Features OffStreet
Water Source PublicWater
Total Parking 1.0
Exterior Description WoodSiding
Lot Size Acres 0.08
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Internal Only
Street Number 1 427
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* Excluded Features
List By
Sixel Real Estate

Broker

541-954-1915

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Affordability Calculator

$2,438
Per Month
91%
9%
0%
Monthly Principal & Interest
$2,215
Monthly Property Taxes
$223
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
1950490 Elementary School
2865076 Middle School
North Eugene High School High School
Pricing History
DatePricePrice ChangeDescription
7/31/2025$355,000 -7.79% Price Down
6/19/2025$385,000 Listed Price

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427 WASHINGTON ST, Eugene, OR, 97401 is a Multi-Family Home for sale at $355,000 with a lot size of 0.08. 427 WASHINGTON ST has 4 bedrooms, 3.0 baths, and was built in 1900. The property's zip code is 97401 which is in Eugene, OR