851 W 5TH AVE, Eugene, OR 97402

  • $1,300,000
  • $1,375,000

Overview

  • 1968
    Year Built
  • MultiFamily
    Property Type
  • 189796170
    MLS#
  • 0.22 Acres
    Land Area
  • Bridge Creek Realty
    Office Name
  • Ian Crist
    Agent Name

Description

Investor Opportunity! This 8-unit apartment building is only 2 miles from the University of Oregon campus and boasts a 6.13% cap rate on current income. All units are 2-bed/1-bath, 648 sqft. Amenities include on-site laundry, 10 parking spots and shared balconies. Recent upgrades include new exterior paint, new flooring, new cabinets and updated bathrooms in select units. A new owner could recapture $4,800/year by implementing utility bill-backs. Don’t miss out on this opportunity!

Details

Updated on April 15, 2026 at 4:26 am
  • MLS# 189796170
  • Price $1,300,000
  • Land Area 0.22 Acres
  • Garage Size x x
  • Year Built 1968
  • Property Type MultiFamily
  • Property Status Active
  • Office Name Bridge Creek Realty
  • Agent Name Ian Crist
  • Office Phone 503-508-0131

Additional details

  • Listing Terms Cash, Conventional
  • Sewer Public Sewer
  • Heating Baseboard
  • County Lane
  • Property Type MultiFamily
  • Middle School Kelly

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