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Craftsman Multifamily Property with Secondary Unit
For Sale
$825,000

344 E 14th Ave, Eugene, OR 97401

Leased residential asset includes a separate dwelling above a detached garage.

Property SizeContact for details
Days on Market78

Property Features for 344 E 14th Ave

General Information

Standard status Active
Total Parking Spaces 2
Property subtype Multi-Family

Site & Location

Neighborhood West University Neighbors

Units

Unit Mix 1 x 5BR/2BA, 1 x 1BR/1BA
Multifamily Units 2

Additional Details

Gross Income $65,100

Building Details

Year Built 1900
Buildings 2
Construction Craftsman-style
Listing Agency: St Clair Properties
Listed By: James St Clair
Source: Southwestwahomefinder
Added: Aug 9 Changed: Oct 1 Last Checked: Oct 24 at 5:02PM

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 St Clair Properties

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Investment Insights

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This multifamily property combines a Craftsman-style home with a separate apartment in a detached garage building. The primary residence contains 5 bedrooms and 2 bathrooms, along with bonus rooms, large closets, a covered deck, and a 1,008 square foot unfinished basement. The secondary structure includes a 600 square foot apartment over a 600 square foot garage currently used for owner storage. The property was built in 1900 and has been freshly painted.

The property is located four blocks from the University of Oregon in Eugene’s West Campus area. The main residence is leased through mid-August 2027, while the apartment is occupied on a month-to-month lease. Possible future changes identified for the property include garage conversion, additional living area, middle-housing options, or lot separation, subject to buyer verification and city approval.

Key Highlights

  • 5‑bedroom, 2‑bath Craftsman‑style main residence
  • Detached 600 square foot apartment above a 600 square foot garage
  • 1,008 square foot unfinished basement

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

5,468
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?
Multifamily property - Leased residential asset includes a separate dwelling above a detached garage.
Where is this multifamily property located?
The property is located at 344 E 14th Ave Eugene, OR.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: 5‑bedroom, 2‑bath Craftsman‑style main residence; Detached 600 square foot apartment above a 600 square foot garage; 1,008 square foot unfinished basement
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