Updated Duplex with
For Sale
$509,900
2495 Taylor St, Eugene, OR 97405
Two-unit residential property with private outdoor areas and recent interior and exterior improvements.
Property Size1,879 SF
Price / SF$271.37
Days on Market44
Property Features for 2495 Taylor St
General Information
Standard status
Active
Size
1,879 SF
Total Parking Spaces
2
Property subtype
Multi-Family
Units
Multifamily Units
2
Parking per Unit
1
Amenities
patio
fenced yard
Building Details
Year Built
1963
Listing Agency:
ICON Real Estate Group
(541) 343-0322
Listed By:
Debi Douglass
Source:
Switzerrealestategroup
Added: Jul 20
Changed: Aug 31
Last Checked: Aug 30 at 8:20PM
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 ICON Real Estate Group
Investment Insights
Based on property information with market context.
This duplex contains 1,879 square feet and was built in 1963. Both units include a one-car garage, patio, and fenced yard, providing dedicated parking and outdoor space for each side.
Recent improvements include interior painting, new blinds, and new flooring completed in 2024, along with exterior painting completed that year. The fencing was replaced in 2021, adding to the property’s updated physical condition.
Recent improvements include interior painting, new blinds, and new flooring completed in 2024, along with exterior painting completed that year. The fencing was replaced in 2021, adding to the property’s updated physical condition.
Key Highlights
- 1,879‑square‑foot duplex built in 1963
- Each unit includes a one‑car garage, patio, and fenced yard
- Interior painting, new blinds, and new flooring completed in 2024
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$16,852
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.30%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$337,040
$337.0K
Cap Rate 7%
$240,743
$240.7K
Cap Rate 9%
$187,244
$187.2K
Market Conditions
NOI Build-Up for 1,879 SF
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.
Gross rent
$24.4K $12.96/SF
− Vacancy
−$278 −$0.15/SF
EGI
$24.1K $12.81/SF
− OpEx
−$7.2K −$3.84/SF
NOI
$16.9K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$337,040
Cap Rate 7%
$240,743
Cap Rate 9%
$187,244
Alternative Uses
Best Use
Multifamily LT 5
$240.7K
$210.7K – $280.9K
NOI $16,852 @ 7.0% cap · market cap 3.30%
Second Best
Apartment 5plus
$210.0K
$183.8K – $245.1K
NOI $14,703 @ 7.0% cap · market cap 2.88%
Theoretical Best
Office A
$566.9K
$496.1K – $661.4K
NOI $39,684 @ 7.0% cap · market cap 7.78%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
287
Businesses Nearby
Explore this area
Business Placement
Demographics for 97405, OR
46,303
Population
20,395
Households
2.3
Avg Household Size
44
Median Age
57%
College-Educated
97%
High-School Grad
129.2 sq mi
ZIP Area
358
Density / Sq Mi
$93,136
Median Household Income
$41,482
Median Earnings
$1,417
Median Rent
$494,000
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?
Duplex - Two-unit residential property with private outdoor areas and recent interior and exterior improvements.
Where is this duplex located?
The property is located at 2495 Taylor St Eugene, OR.
What is the asking price?
The asking price for this property is $509,900.
What are key features of this property?
This property features: 1,879‑square‑foot duplex built in 1963; Each unit includes a one‑car garage, patio, and fenced yard; Interior painting, new blinds, and new flooring completed in 2024
