Duplex Requiring
For Sale
$475,000
2209 CAL YOUNG RD, Eugene, OR 97401
Tenant-occupied duplex near Oakway Center, the University of Oregon, shopping, dining, and major transportation routes.
Days on Market13
Property Features for 2209 CAL YOUNG RD
General Information
Standard status
Active
Property subtype
MULTI_FAMILY
Taxes and HOA fees
Annual Taxes
$4,936
Building Details
Building Size
2,289 SF
Year Built
1971
Tenancy
Multi
Listing Agency:
Triple Oaks Realty LLC
(541) 968-0423
Listed By:
Jon Burke · License #201204219
(541) 968-0423
Source:
Worthlandrealestate
Added: Jul 22
Changed: Aug 2
Last Checked: Aug 2 at 11:53AM
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
Investment Insights
Based on property information with market context.
Built in 1971, this duplex presents a two-unit residential income property requiring repairs and modernization. The existing tenant occupancy means interior access is available only after an accepted offer, and tenants should not be disturbed.
The property is situated in Eugene near Oakway Center, the University of Oregon, shopping, restaurants, and major transportation routes. It is also located within the Sheldon School District.
The property is situated in Eugene near Oakway Center, the University of Oregon, shopping, restaurants, and major transportation routes. It is also located within the Sheldon School District.
Key Highlights
- Duplex built in 1971
- Property requires repairs and updating
- Tenant‑occupied; interior showings follow an accepted offer
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $29.7k | $12.96 |
| − Vacancy | −$338 | −$0.15 |
| EGI | $29.3k | $12.81 |
| − OpEx | −$8.8k | −$3.84 |
| NOI | $20.5k | $8.97 |
2,289 SF · lease $12.96/SF/yr · vacancy 1.14% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$293.3K
$256.6K – $342.2K
NOI $20,529 @ 7.0% cap · market cap 4.32%
Second Best
Apartment 5plus
$255.9K
$223.9K – $298.5K
NOI $17,911 @ 7.0% cap · market cap 3.77%
Theoretical Best
Office A
$690.6K
$604.3K – $805.7K
NOI $48,344 @ 7.0% cap · market cap 10.18%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
653
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
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 - Tenant-occupied duplex near Oakway Center, the University of Oregon, shopping, dining, and major transportation routes.
Where is this duplex located?
The property is located at 2209 CAL YOUNG RD Eugene, OR.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Duplex built in 1971; Property requires repairs and updating; Tenant‑occupied; interior showings follow an accepted offer
