Duplex With Second-Floor
For Sale
$630,000
1205 TAYLOR St, Eugene, OR 97402
MULTI_FAMILY - Eugene, OR
Property Size2,846 SF
Lot Size0.16 Acres
Price / SF$221.36
Days on Market53
Property Features for 1205 TAYLOR St
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
S-C
Bedrooms
6
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 1, Bedroom 3, Bathroom 2, Bedroom 2, Bedroom 6, Bathroom 1, Bedroom 4, Bedroom 5
Elementary school
Cesar Chavez
Middle school
Arts & Tech
High school
Churchill
Directions
W 13th to Taylor St
Subdivision
_245
Standard status
Active
APN
0487130
Size
2,846 SF
Lot size
0.16 Acres
Taxes and HOA fees
Tax Description
1704364207100 Map: 17043642 Lot: 7100
Tax Annual Amount
5256
Legal Description
1704364207100 Map: 17043642 Lot: 7100
Amenities
balcony
Building Details
Year built
1948
Floors in Building
2
Number of units
2
Roof type
Composition
Listing Agency:
Redfin
(503) 496-7620
Listed By:
Clint Lewis
(503) 989-9077
Added: Jun 24
Changed: Aug 13
Last Checked: Aug 15 at 5:06AM
MLS# 593718160
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 a mix of updated living spaces with both units described as in move-in-ready condition. A notable feature is the second-floor balcony overlooking the neighborhood. The property includes a composition roof and was built in 1948.
Set on a 0.16-acre lot, the duplex totals 2,846 square feet. Zoning is S-C, supporting residential duplex use in Lane County, Oregon.
For viewing, the property is drive-by only to avoid disturbing current tenants.
Set on a 0.16-acre lot, the duplex totals 2,846 square feet. Zoning is S-C, supporting residential duplex use in Lane County, Oregon.
For viewing, the property is drive-by only to avoid disturbing current tenants.
Key Highlights
- 0.16‑acre lot for the duplex in Eugene
- 2,846 SF total building area
- Built in 1948
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$25,525
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.05%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$510,500
$510.5K
Cap Rate 7%
$364,643
$364.6K
Cap Rate 9%
$283,611
$283.6K
Market Conditions
NOI Build-Up for 2,846 SF
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.
Gross rent
$36.9K $12.96/SF
− Vacancy
−$420 −$0.15/SF
EGI
$36.5K $12.81/SF
− OpEx
−$10.9K −$3.84/SF
NOI
$25.5K $8.97/SF
Area
Eugene, OR
Vacancy
1.14%
Lease Rate
$12.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$510,500
Cap Rate 7%
$364,643
Cap Rate 9%
$283,611
Alternative Uses
Best Use
Multifamily LT 5
$364.6K
$319.1K – $425.4K
NOI $25,525 @ 7.0% cap · market cap 4.05%
Second Best
Apartment 5plus
$318.1K
$278.4K – $371.2K
NOI $22,270 @ 7.0% cap · market cap 3.53%
Theoretical Best
Office A
$858.7K
$751.4K – $1.00M
NOI $60,108 @ 7.0% cap · market cap 9.54%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,194
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Duplex in Eugene with updates over time, move-in-ready units, composition roof, and a second-floor balcony overlooking the 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 $630,000.
What are key features of this property?
This property features: 0.16‑acre lot for the duplex in Eugene; 2,846 SF total building area; Built in 1948
