Tudor Multifamily
For Sale
$735,000
325 RIVER Rd, Eugene, OR 97404
CommercialSale, Eugene, OR
Property Size3,746 SF
Lot Size0.64 Acres
Price / SF$196.21
Days on Market224
Property Features for 325 RIVER Rd
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C2
Directions
Corner of River Rd and Fir Ln
Subdivision
_247
Standard status
Active
APN
0436962
Size
3,746 SF
Lot size
0.64 Acres
Taxes and HOA fees
Tax Description
3 TOTAL MAP/TAXLOTS: #17-04-25-12-02700 (.34 ac); #17-04-25-12-02601 (.25 ac); 17-04-25-12-02600 (.05 ac
Tax Annual Amount
8973
Legal Description
3 TOTAL MAP/TAXLOTS: #17-04-25-12-02700 (.34 ac); #17-04-25-12-02601 (.25 ac); 17-04-25-12-02600 (.05 ac
Utilities
Heating system
Forced Air, Zoned
Amenities
communal laundry
garden
orchard
Building Details
Year built
1929
Floors in Building
3
Building materials
FullBasement, Stucco, WoodSiding
Roof type
Shingle
Listing Agency:
Windermere RE Lane County · Windermere Real Estate
(541) 484-2022
Listed By:
Koalani Roberts
(541) 501-8319
Added: Mar 10
Changed: Oct 18
Last Checked: Oct 19 at 3:06PM
MLS# 698625178
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.
Set across 0.64 acres, this multifamily property includes a 1929 Tudor residence and a detached cottage. The main house contains 3,064 square feet across three stories, with 6 bedrooms, 4 bathrooms, a shared full kitchen, additional kitchenettes, communal laundry, vaulted ceilings, wood detailing, arched openings, and large windows. The separate cottage provides 682 square feet with 1 bedroom, 1 bathroom, and a full kitchen.
Outdoor features include gated parking for 10 vehicles, a mature orchard, and a shared garden. The property is near the intersection of Chambers Street and River Road, adjacent to Whiteaker, one block from Maurie Jacobs Park and the Willamette River, and minutes from downtown Eugene. C2 zoning is identified for the site.
Outdoor features include gated parking for 10 vehicles, a mature orchard, and a shared garden. The property is near the intersection of Chambers Street and River Road, adjacent to Whiteaker, one block from Maurie Jacobs Park and the Willamette River, and minutes from downtown Eugene. C2 zoning is identified for the site.
Key Highlights
- 0.64‑acre multifamily property on 3 tax lots
- 1929 Tudor main house with 3,064 square feet, 6 bedrooms, and 4 bathrooms
- Separate 682‑square‑foot cottage with 1 bedroom, 1 bathroom, and a full kitchen
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,312
Cap Rate
3.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$586,240
$586.2K
Cap Rate 7%
$418,743
$418.7K
Cap Rate 9%
$325,689
$325.7K
Market Conditions
NOI Build-Up for 3,746 SF
Gross rent
$53.9K $14.40/SF
− Vacancy
−$647 −$0.17/SF
EGI
$53.3K $14.23/SF
− OpEx
−$24.0K −$6.40/SF
NOI
$29.3K $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%
$586,240
Cap Rate 7%
$418,743
Cap Rate 9%
$325,689
Alternative Uses
Best Use
Apartment 5plus
$418.7K
$366.4K – $488.5K
NOI $29,312 @ 7.0% cap · market cap 3.99%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.13M
$989.0K – $1.32M
NOI $79,116 @ 7.0% cap · market cap 10.76%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,054
Businesses Nearby
Explore this area
Business Placement
Demographics for 97404, OR
34,345
Population
13,823
Households
2.5
Avg Household Size
43
Median Age
33%
College-Educated
94%
High-School Grad
9.6 sq mi
ZIP Area
3,578
Density / Sq Mi
$80,355
Median Household Income
$41,184
Median Earnings
$1,408
Median Rent
$397,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Multifamily property - Tudor multifamily property with a separate cottage, shared garden, orchard, and gated parking.
Where is this multifamily property located?
The property is located at 325 RIVER Rd Eugene, OR.
What is the asking price?
The asking price for this property is $735,000.
What are key features of this property?
This property features: 0.64‑acre multifamily property on 3 tax lots; 1929 Tudor main house with 3,064 square feet, 6 bedrooms, and 4 bathrooms; Separate 682‑square‑foot cottage with 1 bedroom, 1 bathroom, and a full kitchen
