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    304 13Th Ave Eugene, OR 97401

    Sponsored
    For Sale
    $1,400,000

    10-unit multifamily, prime location.

    Property size:
    6,130 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional investment opportunity presents a two-building, ten-unit multifamily property ideally situated at the corner of E 13th Ave and High St in Eugene, Oregon. The property boasts a highly visible corner location within easy walking distance of the University of Oregon and downtown Eugene, making it attractive to both students and other residents. The complex comprises two buildings, totaling 6,130 square feet on a 5,217 square foot lot. Building one features a 1,200 square foot corner retail storefront and six one-bedroom apartments, while building two offers two one-bedroom apartments and one three-bedroom apartment. The finished square footage is divided between the buildings: 4,080 square feet in the first and 2,050 square feet in the second. The property is zoned C-2 | Community Commercial, offering flexibility for future development or expansion. With nine bedrooms across ten units, this property presents a strong rental income potential. The asking price for this lucrative investment is $1,400,000. This is a rare opportunity to acquire a well-located, mixed-use property in a thriving Oregon market.

    Property Features for 304 13Th Ave

    General Information

    Property type
    Multifamily properties
    Square Feet
    6,130 SF

    Building Details

    Buildings
    2
    Stories
    2
    Units
    10

    HighLights

    • Exceptional 10‑unit multifamily investment opportunity in Eugene, OR.
    • Highly visible corner location near University of Oregon & downtown.
    • Two buildings totaling 6,130 square feet on a 5,217 square foot lot.
    • Mixed‑use: 1,200 SF retail storefront plus nine residential units (six 1‑bed, two 1‑bed, one 3‑bed).
    • C‑2 zoning allows for future development or expansion.
    • Asking price: $1,400,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Our World Vintage ... Vintage Clothing Store

    Suggested Use

    Realty agency Restaurant Dental Office Law Firm Hair Salon Building Supply Nail Salon Clothing Store Daycare Center Kitchen & Bath

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Eugene
    County
    Lane
    State
    Oregon
    Longitude
    -123.0882095106
    Latitude
    44.045493942639

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    FAQs

    What type of property is this?
    Multifamily property - 10-unit multifamily, prime location.
    Where is this multifamily property located?
    The property is located at 304 13Th Ave Eugene, OR.
    What is the asking price?
    The asking price for this property is $1,400,000.
    What are key features of this property?
    This property features: Exceptional 10-unit multifamily investment opportunity in Eugene, OR.; Highly visible corner location near University of Oregon & downtown.; Two buildings totaling 6,130 square feet on a 5,217 square foot lot.
    Request Owner's contact information
    304 13Th Ave Eugene, OR 97401
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    Eugene, OR 97401
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    304 13Th Ave Eugene, OR 97401
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