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8-Unit Apartment Building
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1187 W 8th Ave, Eugene, OR 97402

Two-story property with one-bedroom residences, balconies, appliances, and off-street parking.

Property SizeContact for details
Days on Market144

Property Features for 1187 W 8th Ave

General Information

Standard status Active
Property subtype Multifamily
Listing Agency: Marcus & Millichap - Portland
Listed By: Georgie Christensen-Riley · License #201253912
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 3:01PM

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 Marcus & Millichap - Portland

Investment Insights

Based on property information with market context.

The Driftwood is an eight-unit apartment property at 1187 W 8th Ave in Eugene, Oregon. Completed in 1966, the two-story garden-style asset places all residences within one building on a single tax parcel. Each apartment features one bedroom and one bathroom, with standard appliances, private balconies, and off-street parking supporting the existing configuration.

The property is situated in Eugene’s Jefferson Westside area, near shops, restaurants, parks, and the Lane County Events Center. Downtown Eugene, Alton Baker Park, and the University of Oregon are also described as being just minutes away. The surrounding neighborhood is identified as bike-friendly and walkable, with access to recurring community events at the nearby fairgrounds.

Key Highlights

  • 8‑unit apartment property at 1187 W 8th Ave, Eugene, Oregon 97402
  • Constructed in 1966 and arranged in a two‑story garden‑style building
  • Eight 1‑bed/1‑bath apartments within one building

Property Analytics

Current Use

Apartment buildings

Suggested Use

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

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

Location Intelligence

Trade Area within ½ mile

1,541
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

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 - Two-story property with one-bedroom residences, balconies, appliances, and off-street parking.
Where is this apartment building located?
The property is located at 1187 W 8th Ave Eugene, OR.
What are key features of this property?
This property features: 8‑unit apartment property at 1187 W 8th Ave, Eugene, Oregon 97402; Constructed in 1966 and arranged in a two‑story garden‑style building; Eight 1‑bed/1‑bath apartments within one building
More about this property
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