5-Unit Brick Apartment
For Sale
$695,000
1352 LINCOLN ST, Eugene, OR 97401
Single-level brick construction includes individual entrances and mature landscaping in a residential setting.
Property Size3,192 SF
Days on Market53
Property Features for 1352 LINCOLN ST
General Information
Standard status
Active
Size
3,192 SF
Property subtype
MULTI_FAMILY
Site & Location
Neighborhood
Jefferson Westside Neighbors
Public Transit
Yes
Additional Details
Multifamily Units
5
Taxes and HOA fees
Annual Taxes
$5,660
Building Details
Building Size
3,192 SF
Year Built
1957
Stories
1
Construction
brick
Listing Agency:
Triple Oaks Realty LLC
Listed By:
Brent Cole · License #200607178
(541) 556-5093
Source:
Worthlandrealestate
Added: Sep 11
Changed: Nov 1
Last Checked: Nov 1 at 11:12AM
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 Triple Oaks Realty LLC
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Investment Insights
Based on property information with market context.
This 5-unit apartment property consists of single-level brick construction completed in 1957. Individual entrances serve the units, while mature landscaping and a maintained exterior contribute to the property's established residential character. The mid-century design provides a consistent architectural identity across the building.
The property is situated in central Eugene near downtown, shopping, dining, transit, and neighborhood services. Its location places residents within reach of a range of everyday amenities and transportation options. The setting combines a residential environment with access to central Eugene destinations.
The property is situated in central Eugene near downtown, shopping, dining, transit, and neighborhood services. Its location places residents within reach of a range of everyday amenities and transportation options. The setting combines a residential environment with access to central Eugene destinations.
Key Highlights
- 5‑unit apartment property
- Single‑level brick construction built in 1957
- Individual entrances for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,977
Cap Rate
3.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$499,540
$499.5K
Cap Rate 7%
$356,814
$356.8K
Cap Rate 9%
$277,522
$277.5K
Market Conditions
NOI Build-Up for 3,192 SF
Gross rent
$46.0K $14.40/SF
− Vacancy
−$552 −$0.17/SF
EGI
$45.4K $14.23/SF
− OpEx
−$20.4K −$6.40/SF
NOI
$25.0K $7.82/SF
Area
Eugene, OR
Vacancy
1.20%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$499,540
Cap Rate 7%
$356,814
Cap Rate 9%
$277,522
Alternative Uses
Best Use
Apartment 5plus
$356.8K
$312.2K – $416.3K
NOI $24,977 @ 7.0% cap · market cap 3.59%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$963.1K
$842.7K – $1.12M
NOI $67,415 @ 7.0% cap · market cap 9.70%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
5
Residential units
Location Intelligence
Trade Area within ½ mile
4,910
Businesses Nearby
Explore this area
Business Placement
Demographics for 97401, OR
45,634
Population
24,220
Households
1.9
Avg Household Size
32
Median Age
47%
College-Educated
96%
High-School Grad
9.3 sq mi
ZIP Area
4,907
Density / Sq Mi
$51,244
Median Household Income
$26,604
Median Earnings
$1,318
Median Rent
$472,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - Single-level brick construction includes individual entrances and mature landscaping in a residential setting.
Where is this apartment building located?
The property is located at 1352 LINCOLN ST Eugene, OR.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: 5‑unit apartment property; Single‑level brick construction built in 1957; Individual entrances for each unit
