Updated Craftsman Live-Work
For Sale
$580,000
990 W 7th Ave, Eugene, OR 97402
Main-level ADA access, a basement kitchenette, and paved parking support flexible business use.
Property Size3,288 SF
Price / SF$176.40
Days on Market81
Property Features for 990 W 7th Ave
General Information
Standard status
Active
Size
3,288 SF
Amenities
ADA accessible
new HVAC system
bright windows
tall ceilings
kitchenette
Building Details
Year Built
1913
Listing Agency:
United Real Estate Properties
Listed By:
Min Yi Su · License #201240122
(541) 636-4580
Source:
Switzerrealestategroup
Added: Jul 26
Changed: Oct 6
Last Checked: Oct 7 at 1:20PM
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 United Real Estate Properties
Investment Insights
Based on property information with market context.
Built in 1913, this 3,288-square-foot Craftsman property offers a flexible live-work configuration in an updated setting. The main level is ADA accessible and features bright windows, tall ceilings, and a new HVAC system. A daylight basement kitchenette includes a sink and refrigerator, adding practical support space for business operations or combined residential and commercial use.
The property is located at 990 W 7th Ave in Eugene’s Jefferson Westside/Whiteaker neighborhood. Paved parking is available on site, and the building was previously used as a counseling office. A neighboring building is also available for sale.
The property is located at 990 W 7th Ave in Eugene’s Jefferson Westside/Whiteaker neighborhood. Paved parking is available on site, and the building was previously used as a counseling office. A neighboring building is also available for sale.
Key Highlights
- 3,288‑square‑foot Craftsman property built in 1913
- Main level provides ADA accessibility
- New HVAC system installed this year
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$50,306
Cap Rate
8.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,006,120
$1.0M
Cap Rate 7%
$718,657
$718.7K
Cap Rate 9%
$558,956
$559.0K
Market Conditions
NOI Build-Up for 3,288 SF
Gross rent
$78.9K $24.00/SF
− Vacancy
−$11.8K −$3.60/SF
EGI
$67.1K $20.40/SF
− OpEx
−$16.8K −$5.10/SF
NOI
$50.3K $15.30/SF
Area
Eugene, OR
Vacancy
15.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,006,120
Cap Rate 7%
$718,657
Cap Rate 9%
$558,956
Alternative Uses
Best Use
Office B
$718.7K
$628.8K – $838.4K
NOI $50,306 @ 7.0% cap · market cap 8.67%
Second Best
Mixed Use
$697.5K
$610.3K – $813.8K
NOI $48,827 @ 7.0% cap · market cap 8.42%
Theoretical Best
Office A
$992.0K
$868.0K – $1.16M
NOI $69,443 @ 7.0% cap · market cap 11.97%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,960
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Live-work space - Main-level ADA access, a basement kitchenette, and paved parking support flexible business use.
Where is this live-work space located?
The property is located at 990 W 7th Ave Eugene, OR.
What is the asking price?
The asking price for this property is $580,000.
What are key features of this property?
This property features: 3,288‑square‑foot Craftsman property built in 1913; Main level provides ADA accessibility; New HVAC system installed this year
