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490 W 4TH AVE Eugene, OR $ 325,000
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$ 325,000 Get more info
490 W 4TH AVE
$ 325,000
Back to search
Share Save

490 W 4TH AVE

Eugene, OR, 97401
$ 325,000
Bedrooms3 Baths2.0

Monthly Estimate*

$ 2,028

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Multi-Family Home for sale in Eugene, OR

for $325,000 with 3 bedrooms and 2 full baths. This home was built in 1900 on a lot size of 0.1.

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 427 Washington is also purchased with 490 W 4th ave. 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.) New price! $325,000.

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Multi-Family Pending

Price

$ 325,000

Bedrooms

3

Full Bath

2

Property Type

Multi-Family

Taxes

$ 2,178

Style

Lot Size

0.1

Year Built

1900

Town/City

Eugene

County/Region

Lane

MLS | Web ID

779161066
Features
General
Sewer PublicSewer
Heating WallHeater
Cooling None
Roof Composition
Zoning S-W/SR
Garage Spaces 0
Year Built 1900
Stories Count 2
Tax Year 2024
Parcel Number 0256477
Gross Income 23340.0
County Lane
Net Operating Income 21161.0
Operating Expense 2179.0
Property Type MultiFamily
HOA N
Subdivision Name North Eugene Mixed Downtown
Rent Includes None
Status Pending
Directions Corner of West 4th Ave & Washington
High School North Eugene
City Eugene
Number Of Units Total 2
MLS Area _247
Lot Size Square Feet 4356.0
Listing Terms Cash Conventional
Elementary School River Road
Tax Annual Amount 2178.66
Middle/Junior High School Kelly
Property Condition Fixer
Standard Status Pending
Accessory Dwelling Unit Y/N N
Legal Description 17-03-30-34-14000
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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 Type UnitTypeType1 UnitTypeType2
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Exterior
Parking Features OffStreet
Water Source PublicWater
Total Parking 2.0
Exterior Description WoodSiding
Lot Size Acres 0.1
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Internal Only
Street Number 1 490
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* Excluded Features
List By
Sixel Real Estate

Broker

541-954-1915

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Affordability Calculator

$2,209
Per Month
92%
8%
0%
Monthly Principal & Interest
$2,028
Monthly Property Taxes
$182
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
See complete school information
Pricing History
DatePricePrice ChangeDescription
8/26/2025$325,000 -5.80% Price Down
7/31/2025$345,000 -12.66% Price Down
6/19/2025$395,000 Listed Price

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490 W 4TH AVE, Eugene, OR, 97401 is a Multi-Family Home for sale at $325,000 with a lot size of 0.1. 490 W 4TH AVE has 3 bedrooms, 2.0 baths, and was built in 1900. The property's zip code is 97401 which is in Eugene, OR

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