Historic Mixed-Use Apartment and
795 Willamette St Eugene, OR 97401
For Sale
Contact for pricing
Historic 18-unit multifamily building with occupied ground-floor retail space and recent exterior and systems improvements.
Property Size25,238 SF
Price / SF$130.76
Days on Market248
Property Features for 795 Willamette St
General Information
- Standard status
- Active
- Size
- 25,238 SF
- Property subtype
- Multifamily, Retail
Building Details
- Year Built
- 1902
Listing Agency:
Campbell Commercial Real Estate
(541) 484-2214
Listed By:
Tim Campbell · License #OR 950100171
Source:
Crexi
Added: Nov 17, 2025
Changed: Jul 22
Last Checked: Jul 23 at 9:29AM
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 Campbell Commercial Real Estate
Investment Insights
Based on property information with market context.
The Tiffany Building is a historic mixed-use property featuring 18 multifamily units with ground-floor retail. Street-level retail totals approximately 5,858 SF and is currently occupied by established local tenants, with the remainder of the building devoted to the residential units.
The building is located in the heart of downtown Eugene, just minutes from the University of Oregon, and is surrounded by downtown amenities, transit, and ongoing redevelopment.
Recent capital improvements include restored windows, exterior upgrades, and system enhancements, helping reduce near-term capital needs while supporting continued building performance. The property totals approximately 25,238 SF.
The building is located in the heart of downtown Eugene, just minutes from the University of Oregon, and is surrounded by downtown amenities, transit, and ongoing redevelopment.
Recent capital improvements include restored windows, exterior upgrades, and system enhancements, helping reduce near-term capital needs while supporting continued building performance. The property totals approximately 25,238 SF.
Key Highlights
- Historic mixed‑use building with 18 multifamily units plus ground‑floor retail
- Total approx. 25,238 SF, including 5,858 SF of street‑level retail occupied by established tenants
- Recent capital improvements include restored windows, exterior upgrades, and system enhancements
Financial Insights For Apartment 5plus
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 | $363.4k | $14.40 |
| − Vacancy | −$4.4k | −$0.17 |
| EGI | $359.1k | $14.23 |
| − OpEx | −$161.6k | −$6.40 |
| NOI | $197.5k | $7.82 |
25,238 SF · lease $14.40/SF/yr · vacancy 1.20% · expense 45.00%
Alternative Uses
Best Use
Retail
$5.23M
$4.58M – $6.11M
NOI $366,335 @ 7.0% cap · market cap 11.10%
Second Best
Apartment 5plus
$2.82M
$2.47M – $3.29M
NOI $197,486 @ 7.0% cap · market cap 5.98%
Theoretical Best
Office A
$7.61M
$6.66M – $8.88M
NOI $533,027 @ 7.0% cap · market cap 16.15%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Disco's Magical Thrillhouse
Hostel
Gary Dawson Designs
(Bike/Boat/Book/etc) Store
RHINO JEWELRY CAD
Training Center
Disco's Magical Thrillhouse ...
Nightclub
FAQs
What type of property is this?
Apartment building - Historic 18-unit multifamily building with occupied ground-floor retail space and recent exterior and systems improvements.
Where is this apartment building located?
The property is located at 795 Willamette St Eugene, OR.
What is the asking price?
The asking price for this property is $3,300,000.
What are key features of this property?
This property features: Historic mixed‑use building with 18 multifamily units plus ground‑floor retail; Total approx. 25,238 SF, including 5,858 SF of street‑level retail occupied by established tenants; Recent capital improvements include restored windows, exterior upgrades, and system enhancements
