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    3461 Concord St Eugene, OR 97402

    For Sale
    $950,000

    New four-unit multifamily property with modern amenities and tenant occupancy.

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

    Overview

    New Multifamily Investment Opportunity

    This is a new four-unit multifamily property completed at the end of 2024. The property features three attached units and one standalone unit. Each unit is designed with 2 bedrooms and 1.5 baths, featuring a two-story townhome layout. All units are currently leased. Interior features include hard surface flooring, ductless heat pumps, washer and dryer hookups, and full appliance packages including a fridge, stove, range hood, and dishwasher. Tenants have access to small private fenced backyards and designated off-street parking. This property is located in Eugene, OR.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Eugene
    County
    Lane
    State
    Oregon
    Longitude
    -123.1520527
    Latitude
    44.0766153

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    FAQs

    What type of property is this?
    Apartment building - New four-unit multifamily property with modern amenities and tenant occupancy.
    Where is this apartment building located?
    The property is located at 3461 Concord St Eugene, OR.
    What is the asking price?
    The asking price for this property is $950,000.
    What are key features of this property?
    This property features: - Brand new 4-unit multifamily property completed in 2024.; - All units are currently leased to initial tenants, providing immediate income.; - Each unit features a desirable 2-bedroom, 1.5-bath, two-story townhome layout.
    Request Owner's contact information
    3461 Concord St Eugene, OR 97402
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    Eugene, OR 97402
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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
    3461 Concord St Eugene, OR 97402
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