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    OFF-MARKET
    Dormitories

    304 13Th Ave, Eugene, OR 97401

    6,130 SF
    Property ID
    Property summary
    AI-generated overview

    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 profile
    Verified
    Property type Dormitories
    Total area 6,130 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Our World Vintage / Hawaii O Shave Ice Cafe (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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