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4-Unit Multifamily Property
New
For Sale
$750,000

1232 W 8th AVE, Eugene, OR 97402

Four residential units are currently occupied, with professional management in place for two years.

Property Size892 SF
Price / SF$840.81
Days on Market1

Property Features for 1232 W 8th AVE

General Information

Standard status Active
Size 892 SF
Property subtype Multi-Family

Additional Details

Multifamily Units 4

Building Details

Year Built 1972
Listing Agency: Handris Realty Company
Listed By: Vicki Gile
Source: Gilegroup
Added: Oct 4 Last Checked: Oct 4 at 7:55AM

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 Handris Realty Company

Investment Insights

Based on property information with market context.

This 1972 multifamily property contains four residential units and has current tenants. Professional management has been in place for two years. The building is described as well cared for.

Key Highlights

  • Four residential units
  • Built in 1972
  • Currently occupied by tenants

Property Analytics

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Current Use

Quadplexes

Suggested Use

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

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

4
Residential units

Location Intelligence

Trade Area within ½ mile

1,533
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Quadplex - Four residential units are currently occupied, with professional management in place for two years.
Where is this quadplex located?
The property is located at 1232 W 8th AVE Eugene, OR.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Four residential units; Built in 1972; Currently occupied by tenants
More about this property
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