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Quadplex with Bicycle Storage
New
For Sale
$1,250,000

1748 FERRY Aly, Eugene, OR 97401

MultiFamily, Eugene, OR

Property Size4,192 SF
Lot Size0.07 Acres
Price / SF$298.19
Days on Market3

Property Features for 1748 FERRY Aly

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R-3
Bedrooms 8
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 1, Bedroom 3, Bedroom 7, Bedroom 1, Bedroom 2, Bathroom 2, Bathroom 3, Bedroom 4, Bedroom 8, Bedroom 5, Bathroom 4, Bedroom 6
Subdivision UNIVERSITY DISTRICT
Elementary school Edison
Middle school Roosevelt
High school South Eugene
Directions Between 17th and 18th on Ferry Aly
Standard status Active
APN 0287860
Size 4,192 SF
Lot size 0.07 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Description 17-03-32-33-18500
Tax Annual Amount 11233
Legal Description 17-03-32-33-18500

Amenities

secure bicycle storage

Building Details

Year built 2005
Floors in Building 2
Number of units 4
Roof type Composition
Buildings 1
Listing Agency: Keller Williams Realty Eugene and Springfield
Listed By: Teri Dibos · License #201206681
Added: Oct 28 Changed: Oct 29 Last Checked: Oct 29 at 11:06PM
MLS# 133878546

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.

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Investment Insights

Based on property information with market context.

Built in 2005, this four-unit residential property contains 4,192 square feet across 12 bedrooms. Secure bicycle storage serves the property, which occupies a 0.07-acre lot and is zoned R-3.

The property is in Eugene, a few blocks from the University of Oregon campus. Year-long leases are in place, and the reported occupancy has been 100%.

Key Highlights

  • Four units with a total of 12 bedrooms
  • 4,192 square feet on a 0.07‑acre lot
  • 100% occupancy and year‑long leases

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$37,596
Cap Rate
3.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$751,920 $751.9K
Cap Rate 7%
$537,086 $537.1K
Cap Rate 9%
$417,733 $417.7K
Market Conditions
NOI Build-Up for 4,192 SF
Gross rent
$54.3K $12.96/SF
− Vacancy
−$619 −$0.15/SF
EGI
$53.7K $12.81/SF
− OpEx
−$16.1K −$3.84/SF
NOI
$37.6K $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 Rate 5%
$751,920
Cap Rate 7%
$537,086
Cap Rate 9%
$417,733

Alternative Uses

Best Use
Multifamily LT 5
$537.1K
$470.0K – $626.6K (±1% cap)
NOI $37,596 @ 7.0% cap · market cap 3.01%
Second Best
Apartment 5plus
$468.6K
$410.0K – $546.7K (±1% cap)
NOI $32,802 @ 7.0% cap · market cap 2.62%
Theoretical Best
Office A
$1.26M
$1.11M – $1.48M (±1% cap)
NOI $88,535 @ 7.0% cap · market cap 7.08%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

4
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

3,629
Businesses Nearby

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
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

Frequently Asked Questions

What type of property is this?
Quadplex - Four residential units offer 12 bedrooms and year-long leases.
Where is this quadplex located?
The property is located at 1748 FERRY Aly Eugene, OR.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Four units with a total of 12 bedrooms; 4,192 square feet on a 0.07‑acre lot; 100% occupancy and year‑long leases
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Includes: Price & PSF · Cap rate · Location · Zoning

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