Vintage Duplex with Private
For Sale
$475,000
805 E 29th Ave, Eugene, OR 97405
Two-unit property with shared laundry, alley access, off-street parking, and convenient proximity to transit and local destinations.
Property Size1,912 SF
Price / SF$248.43
Days on Market54
Property Features for 805 E 29th Ave
General Information
Standard status
Active
Size
1,912 SF
Property subtype
Multi-Family
Additional Details
Public Transit
Yes
Multifamily Units
2
Amenities
laundry room
Building Details
Year Built
1950
Buildings
1
Listing Agency:
Hybrid Real Estate
Listed By:
Laura Desmond
(541) 953-3862
Source:
Wyndeekono
Added: Aug 25
Changed: Oct 15
Last Checked: Oct 7 at 3:18PM
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 Hybrid Real Estate
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Investment Insights
Based on property information with market context.
Built in 1950, this 1,912-square-foot duplex combines period details with a flexible two-unit layout. Interior features include coved ceilings, hardwood flooring, and built-in storage. The one-bedroom unit has a separate backyard, while the property provides a shared utility and laundry room. Appliances are included.
Mature landscaping surrounds the residence, including an established apple tree that produces fruit. Off-street parking and alley access support daily functionality. The property is located near bus lines, Amazon Park, and the University of Oregon at 805 E 29th Ave in Eugene.
Mature landscaping surrounds the residence, including an established apple tree that produces fruit. Off-street parking and alley access support daily functionality. The property is located near bus lines, Amazon Park, and the University of Oregon at 805 E 29th Ave in Eugene.
Key Highlights
- 1,912 SF duplex built in 1950
- One‑bedroom unit includes a private backyard
- Coved ceilings, hardwood floors, and built‑in storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,148
Cap Rate
3.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$342,960
$343.0K
Cap Rate 7%
$244,971
$245.0K
Cap Rate 9%
$190,533
$190.5K
Market Conditions
NOI Build-Up for 1,912 SF
Gross rent
$24.8K $12.96/SF
− Vacancy
−$282 −$0.15/SF
EGI
$24.5K $12.81/SF
− OpEx
−$7.3K −$3.84/SF
NOI
$17.1K $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%
$342,960
Cap Rate 7%
$244,971
Cap Rate 9%
$190,533
Alternative Uses
Best Use
Multifamily LT 5
$245.0K
$214.4K – $285.8K
NOI $17,148 @ 7.0% cap · market cap 3.61%
Second Best
Apartment 5plus
$213.7K
$187.0K – $249.4K
NOI $14,961 @ 7.0% cap · market cap 3.15%
Theoretical Best
Office A
$576.9K
$504.8K – $673.0K
NOI $40,381 @ 7.0% cap · market cap 8.50%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
869
Businesses Nearby
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Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit property with shared laundry, alley access, off-street parking, and convenient proximity to transit and local destinations.
Where is this duplex located?
The property is located at 805 E 29th Ave Eugene, OR.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: 1,912 SF duplex built in 1950; One‑bedroom unit includes a private backyard; Coved ceilings, hardwood floors, and built‑in storage
