304 13Th Ave Eugene, OR 97401
- Dormitories
- 6,130 SF
Current Use by Public Records
- Our World Vintage / Hawaii O Shave Ice Cafe / Vintage Clothing Store
Property Details for 304 13Th Ave
- Property size
- 6,130 SF
- Property type
- Dormitories
- Property subtype
- Student housing
Description
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.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Eugene
- County
- Lane
- State
- Oregon
- Longitude
- -123.088
- Latitude
- 44.0455
