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4-Unit Apartment Building
New
For Sale
$750,000

1232 W 8TH Ave, Eugene, OR 97402

MultiFamily, Eugene, OR

Property SizeContact for details
Lot Size0.24 Acres
Days on Market2

Property Features for 1232 W 8TH Ave

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 8
Bathrooms 8
Full bathrooms 8
Rooms Bathroom 6, Bathroom 3, Bedroom 6, Bedroom 8, Bathroom 2, Bedroom 1, Bathroom 1, Bedroom 5, Bathroom 8, Bathroom 7, Bathroom 4, Bedroom 4, Bedroom 2, Bedroom 3, Bathroom 5, Bedroom 7
Elementary school Cesar Chavez
Middle school Arts & Tech
High school Churchill
Directions Polk to 8th Ave.
Subdivision _245
Standard status Active
APN 0477982
Lot size 0.24 Acres

Taxes and HOA fees

Tax Description TL 03500
Tax Annual Amount 7303
Legal Description TL 03500

Utilities

Heating system Ceiling

Building Details

Year built 1972
Floors in Building 2
Number of units 10
Listing Agency: United Real Estate Properties
Listed By: Jim Choi
Added: Oct 2 Last Checked: Oct 3 at 2:06AM
MLS# 460813409

Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 4-unit apartment property was built in 1972 and occupies a 0.24-acre lot. Ceiling heating serves the building, which is professionally managed and has current tenants.

The property is located in Eugene, Oregon.

Key Highlights

  • Four‑unit apartment property
  • 0.24‑acre lot
  • Built in 1972

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Nursing Home Mobile Phone Store Locksmith Travel Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

1,533
Businesses Nearby

Demographics for 97402, OR

56,610
Population
23,882
Households
2.4
Avg Household Size
38
Median Age
26%
College-Educated
91%
High-School Grad
68.6 sq mi
ZIP Area
825
Density / Sq Mi
$55,743
Median Household Income
$35,728
Median Earnings
$1,287
Median Rent
$330,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - The property includes current tenants and professional management spanning two years.
Where is this apartment building located?
The property is located at 1232 W 8TH Ave Eugene, OR.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Four‑unit apartment property; 0.24‑acre lot; Built in 1972
More about this property
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