344 E 14TH AVE, Eugene, OR 97401
- $825,000
- List Price
- $825,000
- Price Change
- ▼ $4,000 1788599049
- Days on Market
- 185
- MLS#
- 200074803
- Property Type
- Multifamily
- Lot Size
- 5, 000 to 6, 999 SqFt
- Region
- Lane Co: East Eugene
- Status
- ACTIVE
Property Description
PRIME WEST CAMPUS INVESTMENT OPPORTUNITY just 4 blocks from the University of Oregon! This freshly painted property features a 5-bedroom, 2-bath Craftsman-style home PLUS a detached 1-bedroom, 1-bath apartment above a 2-car garage. Current gross rents total $5,425/month, with the main house leased at $4,000/month through mid-August 2027 and the apartment at $1,425/month on a month-to-month lease.The main house offers bonus rooms, a covered deck, large closets, and a 1,008 sq ft unfinished basement. The detached building includes a 600 sq ft apartment above a 600 sq ft garage currently used for owner storage.Excellent redevelopment and value-add potential, including possible garage conversion, additional living space, middle-housing opportunities, and/or future lot separation, subject to buyer verification and city approval. Strong in-place income, premier UO location, and significant long-term upside make this a compelling campus investment.
Additional Information
- Tax Amount
- $6,185
- Year Built
- 1900
- High School
- South Eugene
- Elementary School
- Edison
- Middle School
- Roosevelt
- Acres
- 0.12
- Stories
- 2
- Subdivision
- West University Neighbors
- Terms
- Cash, Conventional
- Fuel Description
- Electricity, Gas
- Heating Description
- Forced Air, Wall Heater
- Hoa Rent Includes
- Trash Collection
- Hot Water Description
- Electricity, Gas
- Exterior Description
- Wood Siding
- Roof Type
- Composition
- Sewer Description
- Public Sewer
- Parking
- Carport, Garage
- Parking Description
- Carport, Garage
- Number Of Units Total
- 2
- Unit Type One Baths Total
- 2
- Unit Type One Beds Total
- 5
- Unit Type One Rent
- 4000
- Unit Type One Sq Ft
- 2260
- Unit Type One Units Total
- 1
- Unit Type Two Baths Total
- 1
- Unit Type Two Beds Total
- 1
- Unit Type Two Units Total
- 1
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Listing courtesy of St Clair Properties.
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