721 W 5th AVE, Eugene, OR 97402
- $755,000
- 3,453
- SqFt
- List Price
- $755,000
- Days on Market
- 11
- MLS#
- 24640649
- Property Type
- Multifamily
- Sqft. of Residence
- 3,453
- Lot Size
- 5, 000 to 6, 999 SqFt
- Region
- Lane Co: West Eugene
- Status
- ACTIVE
Property Description
Amazing opportunity to acquire a 4 unit apartment in the heart of the Whiteaker neighborhood. This property is being sold in conjunction with 737 & 739 W 5th, directly next door to the west, MLS #24415328. With two units per floor, this property also features a full basement with it's own exterior entry. Leading down the basement stairs reveals a common area with a community washer & dryer, and a separate un-permitted 2 bedroom apartment with a full bathroom and kitchen. This property has been well maintained throughout the years and boasts vinyl windows, updated plumbing & electrical, including 5 brand new electrical panels installed in September of 2024. Each unit has its own meter and water heater, with a separate water heater for the laundry and down stairs apartment. All rents are drastically below market, as the sellers have rarely raised rents throughout the years and all tenants are long term residents. Physical inspection of property with an accepted offer.
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Additional Information
- Tax Amount
- $4,184
- Year Built
- 1910
- High School
- North Eugene
- Elementary School
- River Road
- Middle School
- Kelly
- Acres
- 0.12
- Living Area
- 3,453
- Stories
- 2
- Subdivision
- Whiteaker
- Terms
- Cash, Conventional
- Cooling Description
- None
- Fuel Description
- Electricity
- Heating Description
- Baseboard, Zoned
- Hoa Rent Includes
- Sewer, Trash Collection, Water
- Hot Water Description
- Electricity
- Exterior Description
- Wood Siding
- Roof Type
- Composition
- Sewer Description
- Public Sewer
- Parking
- Off Street, On Street
- Parking Description
- Off Street, On Street
- Road Surface
- Paved
- Number Of Units Total
- 4
- Unit Type One Baths Total
- 1
- Unit Type One Beds Total
- 1
- Unit Type One Rent
- 700
- Unit Type One Sq Ft
- 643
- Unit Type One Units Total
- 1
- Unit Type Two Baths Total
- 1
- Unit Type Two Beds Total
- 1
- Unit Type Two Units Total
- 1
- Unit Type Three Baths Total
- 1
- Unit Type Three Beds Total
- 1
- Unit Type Three Rent
- 700
- Unit Type Three Sq Ft
- 643
- Unit Type Three Units Total
- 1
- Unit Type Four Baths Total
- 1
- Unit Type Four Beds Total
- 1
- Unit Type Four Rent
- 650
- Unit Type Four Sq Ft
- 600
- Unit Type Four Units Total
- 1
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Listing courtesy of Keller Williams Realty Eugene and Springfield.
The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2024 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.