2018 Duplex with Two
903 HOWARD Ave Eugene, OR 97404
New
903 HOWARD Ave, Eugene, OR, 97404
$735,000
For Sale
$735,000
MULTI_FAMILY - Eugene, OR
Property Size2,485 SF
Lot Size0.15 Acres
Price / SF$295.77
Days on Market1
Property Features for 903 HOWARD Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- GO
- Bedrooms
- 6
- Bathrooms
- 4
- Rooms
- Bedroom 5, Bathroom 3, Bedroom 4, Bedroom 1, Bathroom 2, Bathroom 4, Bedroom 6, Bedroom 2, Bathroom 1, Bedroom 3
- Standard status
- Active
- APN
- 1884590
- Size
- 2,485 SF
- Lot size
- 0.15 Acres
Taxes and HOA fees
- Tax Description
- 17-04-14-32-09300
- Tax Annual Amount
- 5727
Utilities
- Heating system
- Ductless (Heating)
- Cooling system
- Wall Unit(s)
Building Details
- Year built
- 2018
- Floors in Building
- 1
- Number of units
- 2
- Roof type
- Composition
Listing Agency
Thomas Richards Real Estate
(541) 521-5201
2740 Taylor, Eugene, OR
Listed by
Thomas Richards
(541) 521-5201
Added: Jul 16 Checked: Jul 16 at 11:06 pm
MLS# 364154777
Listing URL
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 is built in 2018 and features two separate units. Each side offers 3 bedrooms and 2 bathrooms, creating a straightforward two-unit residential income setup.
The property is located at 903 Howard Ave in Eugene, Oregon. It sits on a 0.15-acre lot.
With the two-unit layout and relatively recent construction date, the duplex is positioned for investors seeking a maintained, owner-occupied or rental-ready configuration. Viewings are restricted to viewing only with an accepted offer and pre-qualification letter.
The property is located at 903 Howard Ave in Eugene, Oregon. It sits on a 0.15-acre lot.
With the two-unit layout and relatively recent construction date, the duplex is positioned for investors seeking a maintained, owner-occupied or rental-ready configuration. Viewings are restricted to viewing only with an accepted offer and pre-qualification letter.
Key Highlights
- Duplex with 3 bedrooms and 2 bathrooms per side
- Built in 2018 for newer construction
- Ductless heating
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 | $32.2k | $12.96 |
| − Vacancy | −$367 | −$0.15 |
| EGI | $31.8k | $12.81 |
| − OpEx | −$9.6k | −$3.84 |
| NOI | $22.3k | $8.97 |
2,485 SF · lease $12.96/SF/yr · vacancy 1.14% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$318.4K
$278.6K – $371.5K
NOI $22,287 @ 7.0% cap · market cap 3.03%
Second Best
Apartment 5plus
$277.8K
$243.1K – $324.1K
NOI $19,445 @ 7.0% cap · market cap 2.65%
Theoretical Best
Office A
$749.8K
$656.0K – $874.7K
NOI $52,483 @ 7.0% cap · market cap 7.14%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Duplex built in 2018 featuring two 3-bedroom, 2-bath units, offered for sale with tenant occupancy.
Where is this duplex located?
The property is located at 903 HOWARD Ave Eugene, OR.
What is the asking price?
The asking price for this property is $735,000.
What are key features of this property?
This property features: Duplex with 3 bedrooms and 2 bathrooms per side; Built in 2018 for newer construction; Ductless heating
