Eight-Unit Apartment
For Sale
$1,300,000
851 West 5th Avenue, Eugene, OR 97402
Eight two-story units offer two-bedroom, one-bath floorplans with private patios or balconies and on-site laundry.
Property Size648 SF
Price / SF$2,006
Days on Market572
Property Features for 851 West 5th Avenue
General Information
Standard status
Active
Size
648 SF
Property subtype
Multi Family
Zoning
MF
Additional Details
Multifamily Units
8
Taxes and HOA fees
Annual Taxes
$9,352
Amenities
private patios/balconies
luxury vinyl plank flooring
assigned off-street parking space
on-site laundry
2
Wood Composite
Building Details
Year Built
1968
Stories
2
Tenancy
Multi
Listing Agency:
Bridge Creek Realty
(503) 508-0131
Listed By:
Ian Crist · License #201220465
(503) 508-0131
Source:
Compass
Added: Jan 29, 2025
Changed: Aug 23
Last Checked: Aug 24 at 12:17PM
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 Bridge Creek Realty
Investment Insights
Based on property information with market context.
The Rickshaw Apartments is an eight-unit, two-story residential income property originally constructed in 1968. The building totals 5,184 rentable square feet and features two-bed, one-bath floorplans exclusively. Unit amenities include private patios or balconies, with luxury vinyl plank flooring throughout. The property also provides assigned off-street parking and includes on-site laundry. Recent improvements include new exterior paint, updated hickory cabinets, and updated bathrooms.
The property is located at 851 W 5th Ave in Eugene, Oregon. It sits in the southern portion of the Willamette Valley, with convenient walking access to Downtown Eugene’s craft breweries, coffee houses, wine bars, artisanal restaurants, and boutique retail shops.
From a layout and finishes standpoint, the property is configured as a consistent two-bedroom community, with exterior and interior updates designed to support ongoing day-to-day tenancy.
The property is located at 851 W 5th Ave in Eugene, Oregon. It sits in the southern portion of the Willamette Valley, with convenient walking access to Downtown Eugene’s craft breweries, coffee houses, wine bars, artisanal restaurants, and boutique retail shops.
From a layout and finishes standpoint, the property is configured as a consistent two-bedroom community, with exterior and interior updates designed to support ongoing day-to-day tenancy.
Key Highlights
- Eight‑unit, two‑story apartment complex at 851 W 5th Ave, Eugene, OR (97402).
- Originally constructed in 1968 and totals 5,184 rentable SF.
- All units feature 2‑bedroom, 1‑bath floorplans.
Property Analytics
Property Profile
Current Use
Lease Details
8
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,862
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?
Apartment building - Eight two-story units offer two-bedroom, one-bath floorplans with private patios or balconies and on-site laundry.
Where is this apartment building located?
The property is located at 851 West 5th Avenue Eugene, OR.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Eight‑unit, two‑story apartment complex at 851 W 5th Ave, Eugene, OR (97402).; Originally constructed in 1968 and totals 5,184 rentable SF.; All units feature 2‑bedroom, 1‑bath floorplans.
