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Four-Unit Property with Two Buildings

47 W 25th Ave, Eugene, OR 97405

For Sale
$720,000

MultiFamily, Eugene, OR

Property Size3,682 SF
Lot Size0.20 Acres
Price / SF$195.55
Days on Market48

Property Features for 47 W 25th Ave

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R-2
Bedrooms 9
Bathrooms 5
Full bathrooms 5
Rooms Bedroom 3, Bedroom 9, Bedroom 7, Bedroom 1, Bathroom 1, Bathroom 2, Bathroom 4, Bedroom 4, Bedroom 8, Bedroom 5, Bathroom 3, Bedroom 2, Bedroom 6, Bathroom 5
Subdivision Friendly Neighborhood
Elementary school Adams
Middle school Roosevelt
High school South Eugene
Directions Willamette, west on W 24th and N on Portland Aly
Standard status Active
APN 0627172
Size 3,682 SF
Lot size 0.20 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Description T18 R03 S06 Q41 TL 04901
Tax Annual Amount 5631
Legal Description T18 R03 S06 Q41 TL 04901

Utilities

Heating system Baseboard

Building Details

Year built 1946
Floors in Building 2
Number of units 4
Roof type Composition
Buildings 2
Listing Agency: United Real Estate Properties
Listed By: Debra Jurasevich · License #920100103
Added: Sep 20 Changed: Oct 23 Last Checked: Nov 6 at 9:06PM
MLS# 162264527

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.

Rey
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Investment Insights

Based on property information with market context.

This four-unit residential property includes a vintage home and a separate building with three additional units. The primary residence offers three bedrooms, while the second structure contains one one-bedroom unit, one three-bedroom unit, and one two-bedroom unit. The improvements total 3,682 square feet on a 0.2-acre parcel, with baseboard heating and composition roofing.

The property is located at the corner of W 25th Ave and Portland Aly, with addresses at 47 W 25th Ave and 2493 Portland Aly. Onsite and street parking are available. Built in 1946 and zoned R-2 for medium-density residential use, the property is currently fully rented.

Key Highlights

  • Four residential units across two buildings
  • 3,682 square feet on a 0.2‑acre parcel
  • Unit mix includes 1‑bedroom, 2‑bedroom, and 3‑bedroom residences

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$33,022
Cap Rate
4.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$660,440 $660.4K
Cap Rate 7%
$471,743 $471.7K
Cap Rate 9%
$366,911 $366.9K
Market Conditions
NOI Build-Up for 3,682 SF
Gross rent
$47.7K $12.96/SF
− Vacancy
−$544 −$0.15/SF
EGI
$47.2K $12.81/SF
− OpEx
−$14.2K −$3.84/SF
NOI
$33.0K $8.97/SF
Area
Eugene, OR
Vacancy
1.14%
Lease Rate
$12.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$660,440
Cap Rate 7%
$471,743
Cap Rate 9%
$366,911

Alternative Uses

Best Use
Multifamily LT 5
$471.7K
$412.8K – $550.4K (±1% cap)
NOI $33,022 @ 7.0% cap · market cap 4.59%
Second Best
Apartment 5plus
$411.6K
$360.2K – $480.2K (±1% cap)
NOI $28,812 @ 7.0% cap · market cap 4.00%
Theoretical Best
Office A
$1.11M
$972.1K – $1.30M (±1% cap)
NOI $77,764 @ 7.0% cap · market cap 10.80%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

4
Residential units
100%
Occupancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

812
Businesses Nearby

Demographics for 97405, OR

46,303
Population
20,395
Households
2.3
Avg Household Size
44
Median Age
57%
College-Educated
97%
High-School Grad
129.2 sq mi
ZIP Area
358
Density / Sq Mi
$93,136
Median Household Income
$41,482
Median Earnings
$1,417
Median Rent
$494,000
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?
Quadplex - Two-building residential property with all units rented, R-2 zoning, and onsite plus street parking.
Where is this quadplex located?
The property is located at 47 W 25th Ave Eugene, OR.
What is the asking price?
The asking price for this property is $720,000.
What are key features of this property?
This property features: Four residential units across two buildings; 3,682 square feet on a 0.2‑acre parcel; Unit mix includes 1‑bedroom, 2‑bedroom, and 3‑bedroom residences
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