443 E 16TH AVE, Eugene, OR 97401
- $1,195,000
- List Price
- $1,195,000
- Days on Market
- 0
- MLS#
- 639442926
- Property Type
- Multifamily
- Lot Size
- 3, 000 to 4, 999 SqFt
- Region
- Lane Co: East Eugene
- Status
- ACTIVE
Property Description
Exceptional investment opportunity just blocks from the University of Oregon! This 2009 well-maintained duplex offers a rare combination of strong cash flow, modern construction, and a prime campus location. Each spacious unit features 4 generous-sized bedrooms, 2 full bathrooms, an open-concept living area, in-unit laundry, and a functional kitchen with plenty of cabinet and counter space. Assigned carport parking adds convenience, making these units highly desirable for student housing.The lower unit features a private, gated front patio, while the upper unit offers a covered balcony. With gross annual income of approximately $85,728 and a current lease in place through July 2027, this is a turnkey investment with immediate, stable income. Located in one of Eugene's strongest rental markets near the University of Oregon, restaurants, shopping, parks, and public transportation, this property is an outstanding addition to any investment portfolio.
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Additional Information
- Tax Amount
- $9,563
- Year Built
- 2009
- High School
- South Eugene
- Elementary School
- Edison
- Middle School
- Roosevelt
- Stories
- 2
- Terms
- Cash, Conventional
- Fuel Description
- Electricity
- Heating Description
- Wall Heater
- Hoa Rent Includes
- Trash Collection
- Hot Water Description
- Electricity
- Exterior Description
- Cement Siding
- Roof Type
- Composition
- Sewer Description
- Public Sewer
- View
- City
- Parking
- Covered, Off Street
- Security Or Entry
- Handicap Access, Security Gate, Security System
- Parking Description
- Covered, Off Street
- Road Surface
- Paved
- Number Of Units Total
- 2
- Unit Type One Baths Total
- 2
- Unit Type One Beds Total
- 4
- Unit Type One Rent
- 3520
- Unit Type One Sq Ft
- 1386
- Unit Type One Units Total
- 1
- Unit Type Two Baths Total
- 2
- Unit Type Two Beds Total
- 4
- Unit Type Two Units Total
- 1
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Listing courtesy of John L. Scott Eugene.
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