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Updated Duplex with Balcony
For Sale
$650,000

1205 Taylor St, Eugene, OR 97402

Two-unit property with S-C zoning, refreshed interiors, and a second-floor balcony overlooking the surrounding neighborhood.

Days on Market41

Property Features for 1205 Taylor St

General Information

Standard status Active
Total Parking Spaces 2
Property subtype Multi Family Home
Zoning S-C

Taxes and HOA fees

Annual Taxes $5,255

Amenities

balcony

Building Details

Building Size 2,846 SF
Year Built 1948
Stories 2
Units 2
Tenancy Multi
Listing Agency: Redfin
Listed By: Clint Lewis
Source: Allprofessionalsre
Added: Jun 24 Changed: Aug 3 Last Checked: Aug 3 at 1:57AM

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 Redfin

Investment Insights

Based on property information with market context.

This duplex at 1205 Taylor St in Eugene, Oregon, was built in 1948 and includes two residential units. The property has received updates over the years, and both units are described as move-in ready. A second-floor balcony provides an elevated outlook over the surrounding neighborhood, adding a distinct exterior feature to the property.

The asset carries S-C zoning and is currently occupied by tenants. Property access is limited to a drive-by viewing, and tenants should not be disturbed.

Key Highlights

  • Duplex with two residential units
  • S‑C zoning designation
  • Built in 1948

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 $36.9k $12.96
− Vacancy −$420 −$0.15
EGI $36.5k $12.81
− OpEx −$10.9k −$3.84
NOI $25.5k $8.97
2,846 SF · lease $12.96/SF/yr · vacancy 1.14% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$364.6K
$319.1K – $425.4K (±1% cap)
NOI $25,525 @ 7.0% cap · market cap 3.93%
Second Best
Apartment 5plus
$318.1K
$278.4K – $371.2K (±1% cap)
NOI $22,270 @ 7.0% cap · market cap 3.43%
Theoretical Best
Office A
$858.7K
$751.4K – $1.00M (±1% cap)
NOI $60,108 @ 7.0% cap · market cap 9.25%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

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

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,194
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two-unit property with S-C zoning, refreshed interiors, and a second-floor balcony overlooking the surrounding neighborhood.
Where is this duplex located?
The property is located at 1205 Taylor St Eugene, OR.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Duplex with two residential units; S‑C zoning designation; Built in 1948
More about this property
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