Duplex with Private
3585 EMERALD St Eugene, OR 97405
For Sale
$849,000
MULTI_FAMILY - Eugene, OR
Property Size3,376 SF
Lot Size0.28 Acres
Price / SF$251.48
Days on Market59
Property Features for 3585 EMERALD St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R1
- Bedrooms
- 8
- Bathrooms
- 4
- Rooms
- Bathroom 1, Bedroom 4, Bedroom 3, Bedroom 2, Bathroom 2, Bedroom 1, Bedroom 7, Bedroom 5, Bathroom 4, Bedroom 8, Bathroom 3, Bedroom 6
- 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 Agency:
Amy Dean Real Estate, Inc.
(541) 554-4442
Listed By:
Amy Dean · License #200504349
(541) 554-4442
Added: May 28
Changed: Jul 24
Last Checked: Jul 25 at 1:06AM
MLS# 795687224
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.
This duplex property features two separate units, each offering 4 bedrooms and 2 full bathrooms. The layout totals 3,376 square feet across both sides, with in-unit conveniences including washer/dryer hookups. Each unit includes outdoor space with a private backyard and a paved patio, along with balconies and wood-burning fireplaces. Parking is supported by one-car garages with additional driveway parking.
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.
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.
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 |
3,376 SF · lease $12.96/SF/yr · vacancy 1.14% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$432.5K
$378.5K – $504.6K
NOI $30,278 @ 7.0% cap · market cap 3.57%
Second Best
Apartment 5plus
$377.4K
$330.2K – $440.3K
NOI $26,417 @ 7.0% cap · market cap 3.11%
Theoretical Best
Office A
$1.02M
$891.3K – $1.19M
NOI $71,301 @ 7.0% cap · market cap 8.40%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Two-unit duplex offering four bedrooms per side, private patios, and garage plus driveway parking in a residential R1 zone.
Where is this duplex located?
The property is located at 3585 EMERALD St Eugene, OR.
What is the asking price?
The asking price for this property is $849,000.
What are key features of this property?
This property features: 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.
