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    263 W 16Th Ave Eugene, OR 97401

    For Sale
    $585,000

    Turnkey duplex with separate yards, sauna, and strong rental history.

    Property size:
    1,379 SF
    Lot size:
    0.10 Acres

    Property Features for 263 W 16Th Ave

    General Information

    Size
    1,379 SF
    Lot size
    0.10 Acres

    Building Details

    Year built
    1957

    Source: Keller Williams Realty of Eugene and Springfield Agent Ashlie Bibaud

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Income-Producing Duplex Near Downtown

    This income-producing duplex has operated as a short-term rental for three years and is offered fully furnished and turnkey. It is also suitable for long-term rental or use as a personal home. The property consists of two separate units, each with its own fenced yard and entrance. A carport/storage area separates the two sides and is the only shared area. Each unit includes a washer/dryer and a full kitchen, as well as private backyard areas and a sauna. The property is located in a quiet neighborhood within walking distance of downtown and in close proximity to the University of Oregon and Autzen Stadium. The property size is 1379 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Restaurant Law Firm Dental Office Hair Salon Spa & Massage Nail Salon Building Supply Clothing Store Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Eugene
    County
    Lane
    State
    Oregon
    Longitude
    -123.0964075
    Latitude
    44.0423369

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    FAQs

    What type of property is this?
    Duplex - Turnkey duplex with separate yards, sauna, and strong rental history.
    Where is this duplex located?
    The property is located at 263 W 16Th Ave Eugene, OR.
    What is the asking price?
    The asking price for this property is $585,000.
    What are key features of this property?
    This property features: - Successful income-producing property with proven STR history.; - Turn-key ready, fully furnished including washer/dryer and full kitchens in both units.; - Two separate units, each with private fenced yards and entrances.
    Request Owner's contact information
    263 W 16Th Ave Eugene, OR 97401
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    Eugene, OR 97401
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    263 W 16Th Ave Eugene, OR 97401
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