721 West 5th Avenue

Eugene, OR 97402

$695,000
Price
—
Beds
—
Baths
3,453 Sq. Ft.
$201 / Sq. Ft.
3,453
Sq. Ft.
$201
per Sq. Ft.

Description

Amazing opportunity to acquire a 4 unit multifamily property, in the heart of the Whiteaker neighborhood. 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 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...Amazing opportunity to acquire a 4 unit multifamily property, in the heart of the Whiteaker neighborhood. 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 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. Property will be vacant by 2/28/2025
  1. Listed by Benjamin Mondragon • Keller Williams Realty Eugene and Springfield • 541-521-1492

Property Details for 721 West 5th Avenue

Subdivision
Whiteaker
Parking Features
Off Street, On Street
Zoning
R-3
LISTING UPDATED: 02/16/2025 01:01 AM

Property Details for 721 West 5th Avenue

StatusActive
MLS #24640649
Days on Market139
Taxes$4,185 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1910
Lot Size0.12 AC / 5,227 SF
CountyLane County

Building Information for 721 West 5th Avenue

Stories2Residences4Year Built1910Building Size-Lot Size0.12 AC / 5,227 SF

Property Information for 721 West 5th Avenue

Summary
Location and General Information
  • Country: US
  • Directions: 721 W 5th between Madison & Monroe
  • Road Surface: Paved
School Information
  • Elementary School: River Road
  • High School: North Eugene
  • Middle Or Junior School: Kelly
Taxes and HOA
  • Tax Year: 2023
  • Tax Annual Amount: $4,184.77
  • Parcel Number: 0265239
  • Tax Legal Description: 17-03-31-22-00300
Property
Lot Information
  • Acres: 0.12
  • Lot Description: Level
  • Lot Size Square Feet: 5227.0
  • Lot Size Range: Sq Ft5000to6999
  • Lot Size: 5,000 to 6,999 Sq Ft
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Public Water
  • Property Condition: Updated Remodeled
  • Year Built: 1910
Utilities
  • Cooling Description: None
  • Fuel Description: Electricity
  • Heating Description: Baseboard, Zoned
  • Hot Water Description: Electricity
  • Sewer Description: Public Sewer
  • Rent Includes: Sewer, Trash Collection, Water
Interior and Exterior Features
Exterior Features
  • Exterior Description: Wood Siding
  • Roof Type: Composition
Interior Features
  • Basement: Exterior Entry, Partially Finished, Separate Living Quarters Apartment Aux Living Unit
  • Foundation Details: Concrete Perimeter
  • Stories: 2
Multi Family
Multi-Family Information
  • Number Of Units Total: 4
  • Gross Income Actual: $33,000.00
  • Gross Rent Multiplier: $21.06
  • Investor Information: According To Owner, Leases, Rent Records
  • Net Income Actual: $27,000.00
  • Operating Expense: $6,000.00
  • Storage: Basement, Individual Storage Units
  • Unit Type Type: Unit Type Type1, Unit Type Type2, Unit Type Type3, Unit Type Type4
  • Common Amenities: Commons, Laundry
  • SqFt Approximate Building Total: 3453
Unit 1 Information
  • Unit Type 1 Baths Total: 1
  • Unit Type 1 Baths Decimal: 1.00
  • Unit Type 1 Beds Total: 1
  • Unit Type 1 Features: Hardwood Floors, Range, Refrigerator, Storage
  • Unit Type 1 Rent: $700
  • Unit Type 1 SqFt: 643.0
  • Unit Type 1 Units Total: 1
Unit 2 Information
  • Unit Type 2 Baths Total: 1
  • Unit Type 2 Baths Decimal: 1.00
  • Unit Type 2 Beds Total: 1
  • Unit Type 2 Features: Hardwood Floors, Range, Refrigerator, Storage
  • Unit Type 2 Rent: $700
  • Unit Type 2 SqFt: 600.0
  • Unit Type 2 Units Total: 1
Unit 3 Information
  • Unit Type 3 Baths Total: 1
  • Unit Type 3 Baths Decimal: 1.00
  • Unit Type 3 Beds Total: 1
  • Unit Type 3 Features: Hardwood Floors, Range, Refrigerator, Storage
  • Unit Type 3 Rent: $700
  • Unit Type 3 SqFt: 643.0
  • Unit Type 3 Units Total: 1
Unit 4 Information
  • Unit Type 4 Baths Total: 1
  • Unit Type 4 Baths Decimal: 1.00
  • Unit Type 4 Beds Total: 1
  • Unit Type 4 Features: Hardwood Floors, Range, Refrigerator, Storage
  • Unit Type 4 Rent: $650
  • Unit Type 4 SqFt: 600
  • Unit Type 4 UnitsTotal: 1

Public Records for 721 West 5th Avenue

Taxable ValueLand-Additions-Total-
Tax Record2024$4,294 ($358 / month)
Home Facts
Baths4Total Finished SqFt2,486 SqFtAbove Grade Finished SqFt2,486 SqFtStories2Lot Size5,227 SqFtStyleQuadraplexYear Built1910Year Renovated1974ZoningR-3-LIMITED HCountyLANEAPN17-03-31-22-00300-000

Schools near 721 West 5th Avenue

This home is within Eugene School District 4j.
Rating
School
Type
Grades
Distance
River Road/El Camino Del Rio Elementary School
Public - K to 5
Kelly Middle School
Public - 6 to 8
North Eugene High School
Public - 9 to 12
Eugene Education Options
Public - 9 to 12
Rating
School
Distance
River Road/El Camino Del Rio Elementary School
PublicK to 5

Kelly Middle School
Public6 to 8

North Eugene High School
Public9 to 12

Eugene Education Options
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 721 West 5th Avenue, Eugene, OR 97402

721 West 5th Avenue is a multi-family home for sale in Eugene, OR 97402. This property was listed for sale on October 1, 2024 by Keller Williams Realty Eugene and Springfield, it's currently listed at $695,000. This listing's school district is Eugene School District 4j. Nearby schools include River Road/El Camino Del Rio Elementary School, Kelly Middle School and North Eugene High School. 721 West 5th Avenue is a 0-bed, 0-bath, 3,453 sqft multi-family home built in 1910.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty Eugene and Springfield

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