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1281 HWY 99N Eugene, OR $ 999,000
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$ 999,000 Get more info
1281 HWY 99N
$ 999,000
Back to search
Share Save

1281 HWY 99N

Eugene, OR, 97402
$ 999,000
Bedrooms9 Baths7.0

Monthly Estimate*

$ 6,232

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Multi-Family Home for sale in Eugene, OR

for $999,000 with 9 bedrooms and 7 full baths. This home was built in 1946 on a lot size of 2.53.

Two lots sold together (MLS#22057606)- horseshoe shaped lots around Budget Lodge (not included). Overhead drone photos are from 2022. Lots include large open space for potential additional dwellings - buyer to verify. Large pond with possibility to fill in for additional land space - buyer to verify with city, but city said it was possible in 2022. 5 houses & 1 commercial building. Large 4 bedroom, 2 bath home; two 1 bedroom, 1 bath homes; two 2 bedroom, 1 bath homes; and a vacant commercial building. There was at one time a home between the large house and the smaller homes - utilities should still be there. Homes are rented month-to-month. Last rent for large home was $1900, last rent for commercial space was $1750. Deferred maintenance in all units. Showing of commercial space and large home by appointment only. Showings of 4 occupied homes only with an accepted offer. DO NOT DISTURB TENANTS.

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Multi-Family Active

Price

$ 999,000

Bedrooms

9

Full Bath

7

Property Type

Multi-Family

Taxes

$ 7,824

Style

Lot Size

2.53

Year Built

1946

Town/City

Eugene

County/Region

Lane

MLS | Web ID

22016089
Features
General
Sewer PublicSewer
Heating Baseboard WallHeater
Roof Composition Membrane
Zoning C-2
Year Built 1946
Stories Count 2
Tax Year 2024
Parcel Number 0424364
Gross Income 57890.0
Waterfront Features Other
County Lane
Net Operating Income 39912.0
Operating Expense 25802.0
Property Type MultiFamily
HOA N
Rent Includes Sewer TrashCollection Water
Status Active
Directions Hwy 99 - east side of street near intersection of Fairfield Ave.
High School Willamette
City Eugene
Number Of Units Total 6
MLS Area _246
Lot Size Square Feet 110206.0
Listing Terms Cash Other Rehab
Elementary School Malabon
Tax Annual Amount 7824.0
Middle/Junior High School Cascade
Property Condition Fixer
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description 17-04-23-30-01100; 17-04-23-30-01300
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Interior
Basement CrawlSpace None
Hot Water Electricity
Unit 1 Baths Total 2
Unit 1 Beds Total 4
Unit 2 Baths Total 1
Unit 2 Beds Total 2
Unit 3 Baths Total 1
Unit 3 Beds Total 2
Unit 4 Baths Total 1
Unit 4 Beds Total 1
Unit 5 Beds Total 0
Unit Type UnitTypeType1 UnitTypeType2 UnitTypeType3 UnitTypeType4 UnitTypeType5
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Exterior
Parking Features Garage Open
Lot Features Level Pond Trees Wooded
Water Source PublicWater
Exterior Description WoodSiding
Foundation Details ConcretePerimeter Slab
Lot Size Acres 2.53
Road Surface Type Gravel Paved
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Internal Only
Street Number 1 1281
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* Excluded Features
List By
Bell Real Estate

Broker

briank@bell-realty.com

Email

Affordability Calculator

$6,884
Per Month
91%
9%
0%
Monthly Principal & Interest
$6,232
Monthly Property Taxes
$652
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
1950675 Elementary School
1949842 Middle School
Willamette High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/2/2025$999,000 Listed Price

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1281 HWY 99N, Eugene, OR, 97402 is a Multi-Family Home for sale at $999,000 with a lot size of 2.53. 1281 HWY 99N has 9 bedrooms, 7.0 baths, and was built in 1946. The property's zip code is 97402 which is in Eugene, OR

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