Duplex with Covered
For Sale
$500,000
3670 WILLAMETTE St, Eugene, OR 97405
MULTI_FAMILY - Eugene, OR
Property Size2,176 SF
Lot Size0.20 Acres
Price / SF$229.78
Days on Market8
Property Features for 3670 WILLAMETTE St
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R-1
Bedrooms
2
Bathrooms
1
Full bathrooms
1
Rooms
Bedroom 2, Bathroom 1, Bedroom 1
Elementary school
Edgewood
Middle school
Spencer Butte
High school
South Eugene
Directions
S on Willamette
Subdivision
_244
Standard status
Active
APN
0642866
Size
2,176 SF
Lot size
0.20 Acres
Taxes and HOA fees
Tax Description
18-03-07-42-09500
Tax Annual Amount
4762
Legal Description
18-03-07-42-09500
Utilities
Heating system
Radiant, Zoned
Building Details
Year built
1968
Floors in Building
1
Number of units
2
Roof type
Composition
Listing Agency:
Elite Realty Professionals
(541) 484-6000
Listed By:
Jamie Paddock · License #200703411
(541) 484-6000
Added: Jul 23
Changed: Jul 28
Last Checked: Jul 30 at 8:06PM
MLS# 747635829
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 duplex offers two light-filled residential units. Each unit features two bedrooms, one bathroom, and more than 1,000 square feet of living space. Both sides include cozy fireplaces, in-unit laundry, covered patios, and storage, along with individual carports. Additional parking is also available.
The property is located in South Eugene and provides easy access to schools, grocery stores, shopping, restaurants, and nearby parks, running and biking paths, and hiking trails.
With a total building size of 2,176 square feet on a 0.2-acre lot and R-1 zoning, the duplex presents a straightforward residential income configuration with separate unit amenities and multiple on-site parking options.
The property is located in South Eugene and provides easy access to schools, grocery stores, shopping, restaurants, and nearby parks, running and biking paths, and hiking trails.
With a total building size of 2,176 square feet on a 0.2-acre lot and R-1 zoning, the duplex presents a straightforward residential income configuration with separate unit amenities and multiple on-site parking options.
Key Highlights
- Turnkey duplex built in 1968 with two light‑filled 2‑bedroom, 1‑bath units
- Each unit has over 1,000 SF, plus a laundry area and covered patio
- Both sides include cozy fireplaces, spacious primary bedrooms, storage, and individual carports
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $28.2k | $12.96 |
| − Vacancy | −$321 | −$0.15 |
| EGI | $27.9k | $12.81 |
| − OpEx | −$8.4k | −$3.84 |
| NOI | $19.5k | $8.97 |
2,176 SF · lease $12.96/SF/yr · vacancy 1.14% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$278.8K
$244.0K – $325.3K
NOI $19,516 @ 7.0% cap · market cap 3.90%
Second Best
Apartment 5plus
$243.2K
$212.8K – $283.8K
NOI $17,027 @ 7.0% cap · market cap 3.41%
Theoretical Best
Office A
$656.5K
$574.5K – $766.0K
NOI $45,957 @ 7.0% cap · market cap 9.19%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
3,270
Businesses Nearby
Explore this area
Business Placement
Demographics for 97405, OR
46,303
Population
20,395
Households
2.3
Avg Household Size
44
Median Age
57%
College-Educated
97%
High-School Grad
129.2 sq mi
ZIP Area
358
Density / Sq Mi
$93,136
Median Household Income
$41,482
Median Earnings
$1,417
Median Rent
$494,000
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit duplex with 2BR/1BA layouts, in-unit laundry, covered patios, storage, and individual carports.
Where is this duplex located?
The property is located at 3670 WILLAMETTE St Eugene, OR.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Turnkey duplex built in 1968 with two light‑filled 2‑bedroom, 1‑bath units; Each unit has over 1,000 SF, plus a laundry area and covered patio; Both sides include cozy fireplaces, spacious primary bedrooms, storage, and individual carports
