3585/3595 EMERALD St Eugene, OR 97405
MULTI_FAMILY - Eugene, OR
Property Features for 3585/3595 EMERALD St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R1
- Bedrooms
- 8
- Bathrooms
- 4
- Rooms
- Bathroom 4, Bedroom 1, Bedroom 6, Bedroom 7, Bathroom 2, Bedroom 5, Bedroom 4, Bathroom 3, Bedroom 2, Bedroom 8, Bedroom 3, Bathroom 1
- Standard status
- Active
- APN
- 0648947
- Size
- 3,376 SF
- Lot size
- 0.28 Acres
Taxes and HOA fees
- Tax Description
- 18-03-08-13-11101
- Tax Annual Amount
- 5134
Utilities
- Heating system
- Ceiling
- Cooling system
- Wall Unit(s)
Building Details
- Year built
- 1968
- Floors in Building
- 2
- Number of units
- 2
- Roof type
- Metal
Listing agent Amy Dean License #200504349 (541) 554-4442
Listing office Amy Dean Real Estate, Inc. 92912 Allens Alley, Cheshire, OR (541) 554-4442
Listing date May 28, 2026
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.
Investment Insights
Based on property information with market context.
The property is located in the South Hills area of Eugene, Oregon, in an R1 zoning district. The listing notes proximity to bike paths, parks, shopping, Lane Community College, and the University of Oregon.
For buyers seeking a residential income property, this duplex provides a consistent unit configuration with four bedrooms and two full baths on each side. Current rents are reported as $2,395 per month and $2,500 per month. With private outdoor areas, fireplace features, and garage parking for each unit, the property is well suited to tenants looking for a more comfortable, single-family-style feel while maintaining a duplex investment structure.
Key Highlights
- Duplex with strong income potential: Current rents total $4895/month.
- Prime South Hills location: Close to bike paths, parks, shopping, Lane Community College, and University of Oregon.
- Spacious units: Each side features 4 bedrooms and 2 full baths within 1,688 square feet.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $43.8k | $12.96 |
| − Vacancy | −$499 | −$0.15 |
| EGI | $43.3k | $12.81 |
| − OpEx | −$13.0k | −$3.84 |
| NOI | $30.3k | $8.97 |
