Alley-Access Duplex with
1147 West 11th Alley Eugene, OR 97402
1147 West 11th Alley, Eugene, OR, 97402
$449,000
For Sale
$449,000
Duplex with two 2-bedroom, 1-bath units, each with carport and off-street parking and alley-only access.
Property Size1,664 SF
Price / SF$269.83
Days on Market91
Property Features for 1147 West 11th Alley
General Information
- Standard status
- Active
- Size
- 1,664 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1977
Listing agency
ICON Real Estate Group
(541) 359-9132
Listed by
Joshua Glaspie · License #201224520
(541) 359-9132
Source
Compass
Added: Apr 23 Updated: Jul 21 at 3:00AM Checked: Jul 22 at 10:36AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of ICON Real Estate Group
Investment Insights
Based on property information with market context.
This duplex offers two separate residential units, each featuring 2 bedrooms and 1 bathroom with a functional layout. The property includes carport and off-street parking for each unit, and it is accessed via an alley-only approach.
Located in Eugene’s Jefferson Westside neighborhood, the duplex is positioned for convenient connectivity to nearby bus lines, with straightforward access to downtown and campus.
As a residential income property, the building’s configuration provides two complete units while maintaining a parking-focused setup through carport and off-street spaces tied to each side.
Located in Eugene’s Jefferson Westside neighborhood, the duplex is positioned for convenient connectivity to nearby bus lines, with straightforward access to downtown and campus.
As a residential income property, the building’s configuration provides two complete units while maintaining a parking-focused setup through carport and off-street spaces tied to each side.
Key Highlights
- Duplex with two 2‑bedroom, 1‑bath units
- Alley‑only access
- Each unit includes a carport and off‑street parking
Local 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 | $21.6k | $12.96 |
| − Vacancy | −$246 | −$0.15 |
| EGI | $21.3k | $12.81 |
| − OpEx | −$6.4k | −$3.84 |
| NOI | $14.9k | $8.97 |
1,664 SF · lease $12.96/SF/yr · vacancy 1.14% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$213.2K
$186.6K – $248.7K
NOI $14,924 @ 7.0% cap · market cap 3.32%
Second Best
Apartment 5plus
$186.0K
$162.8K – $217.0K
NOI $13,021 @ 7.0% cap · market cap 2.90%
Theoretical Best
Office A
$502.1K
$439.3K – $585.7K
NOI $35,144 @ 7.0% cap · market cap 7.83%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Duplex with two 2-bedroom, 1-bath units, each with carport and off-street parking and alley-only access.
Where is this duplex located?
The property is located at 1147 West 11th Alley Eugene, OR.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: Duplex with two 2‑bedroom, 1‑bath units; Alley‑only access; Each unit includes a carport and off‑street parking
