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Polk St. Apartments 1612 Polk St 15 Unit Apartment Building $1,100,000 ($73,333/Unit) 6.98% Cap Rate Eugene, OR 97402
Investment Highlights
- 15 unit single story apartment complex
- Email to get full marketing packaged. Send back signed NDA to get full drop box file with inspections, bids, photos and financials.
- Located in West Eugene on amazon bike paths near schools and shopping. Situated close to downtown
Executive Summary
**Do Not Disturb Tenants**
15-unit apartment complex, predominantly featuring one-bedroom units with efficient floor plans. This single-story property has frontage along the Amazon canal. Ideally situated in the vibrant west Eugene area—just a short walk from schools and grocery stores.
Property is a fixer. At the asking price, property is being sold in its as-condition.
Inspections, financials and additional photos will be provided if you email back the attached non-disclosure signed by buyer and their broker (if applicable.)
15-unit apartment complex, predominantly featuring one-bedroom units with efficient floor plans. This single-story property has frontage along the Amazon canal. Ideally situated in the vibrant west Eugene area—just a short walk from schools and grocery stores.
Property is a fixer. At the asking price, property is being sold in its as-condition.
Inspections, financials and additional photos will be provided if you email back the attached non-disclosure signed by buyer and their broker (if applicable.)
Financial Summary (Pro Forma - 2026) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2026) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Oven
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Public Transportation
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 1 | - | - |
| 1+1 | 11 | - | - |
| 2+1 | 3 | - | - |
1 1
Walk Score®
Very Walkable (77)
Bike Score®
Biker's Paradise (98)
Property Taxes
| Parcel Number | 0487817 | Total Assessment | $482,945 (2025) |
| Land Assessment | $0 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $0 (2025) | Tax Year | 2026 |
Property Taxes
Parcel Number
0487817
Land Assessment
$0 (2025)
Improvements Assessment
$0 (2025)
Total Assessment
$482,945 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2026
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Polk St. Apartments | 1612 Polk St
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