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Executive Summary

Fully Leased and Professionally Managed Apartment Community. Recent capital improvements by owner, including: security gates, 2nd Floor railings, exterior paint, and new membrane roofs on both buildings.

Property Facts

Price $2,410,000
Price Per Unit $150,625
Sale Type Investment
Cap Rate 6.40%
No. Units 16
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.54 AC
Building Size 9,306 SF
Average Occupancy 100%
No. Stories 2
Year Built 1968
Zoning C-2

Amenities

Unit Amenities

  • Heating
  • Refrigerator
  • Oven
  • Tub/Shower
  • Freezer

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 2 $995.00 -
1+1 6 $1,095 -
2+1 8 $1,295 -
Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
40/100
Moderately bikeable
70/100

Property Taxes

Property Taxes

Parcel Number
0473510
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$363,574
  • Listing ID: 37923753

  • Date on Market: 10/2/2025

  • Last Updated:

  • Address: 1230 W 7th Ave, Eugene, OR 97402

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