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Duplex with Detached Garage
New
For Sale
$399,000

960 W 11TH AVE, Eugene, OR 97402

Hardwood floors, common laundry, and driveway parking serve the tenant-occupied property.

Property Size1,308 SF
Days on Market2

Property Features for 960 W 11TH AVE

General Information

Standard status Active
Size 1,308 SF
Property subtype MULTI_FAMILY

Site & Location

Neighborhood Jefferson Westside Neighbors

Additional Details

Multifamily Units 2
Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $3,727

Building Details

Building Size 1,308 SF
Year Built 1949
Listing Agency: Bell Real Estate
Listed By: Brian Kester
Source: Worthlandrealestate
Added: Nov 1 Last Checked: Nov 1 at 4:00PM

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 Bell Real Estate

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Investment Insights

Based on property information with market context.

This 1949 duplex includes hardwood flooring in both units and a common laundry washer replaced in 2025. A detached garage has a separate storage room and two replacement doors on order. The duplex roof was replaced in 2025; the garage roof, gutters, and exterior paint were updated in 2026.

Long-term tenants occupy the units. The property has driveway parking and alley access.

Key Highlights

  • Detached garage includes an attached, separate storage room
  • Hardwood floors in both units
  • Duplex roof replaced in 2025; garage roof and gutters updated in 2026

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$11,731
Cap Rate
2.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$234,620 $234.6K
Cap Rate 7%
$167,586 $167.6K
Cap Rate 9%
$130,344 $130.3K
Market Conditions
NOI Build-Up for 1,308 SF
Gross rent
$17.0K $12.96/SF
− Vacancy
−$193 −$0.15/SF
EGI
$16.8K $12.81/SF
− OpEx
−$5.0K −$3.84/SF
NOI
$11.7K $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%
$234,620
Cap Rate 7%
$167,586
Cap Rate 9%
$130,344

Alternative Uses

Best Use
Multifamily LT 5
$167.6K
$146.6K – $195.5K (±1% cap)
NOI $11,731 @ 7.0% cap · market cap 2.94%
Second Best
Apartment 5plus
$146.2K
$127.9K – $170.6K (±1% cap)
NOI $10,235 @ 7.0% cap · market cap 2.57%
Theoretical Best
Office A
$394.6K
$345.3K – $460.4K (±1% cap)
NOI $27,625 @ 7.0% cap · market cap 6.92%
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

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,806
Businesses Nearby

Demographics for 97402, OR

56,610
Population
23,882
Households
2.4
Avg Household Size
38
Median Age
26%
College-Educated
91%
High-School Grad
68.6 sq mi
ZIP Area
825
Density / Sq Mi
$55,743
Median Household Income
$35,728
Median Earnings
$1,287
Median Rent
$330,000
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?
Duplex - Hardwood floors, common laundry, and driveway parking serve the tenant-occupied property.
Where is this duplex located?
The property is located at 960 W 11TH AVE Eugene, OR.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Detached garage includes an attached, separate storage room; Hardwood floors in both units; Duplex roof replaced in 2025; garage roof and gutters updated in 2026
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