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443 E 16th Ave, Eugene, OR 97401

$1,195,000

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Property Description

Exceptional investment opportunity just blocks from the University of Oregon! This 2009 well-maintained duplex offers a rare combination of strong cash flow, modern construction, and a prime campus location. Each spacious unit features 4 generous-sized bedrooms, 2 full bathrooms, an open-concept living area, in-unit laundry, and a functional kitchen with plenty of cabinet and counter space. Assigned carport parking adds convenience, making these units highly desirable for student housing.The lower unit features a private, gated front patio, while the upper unit offers a covered balcony. With gross annual income of approximately $85,728 and a current lease in place through July 2027, this is a turnkey investment with immediate, stable income. Located in one of Eugene's strongest rental markets near the University of Oregon, restaurants, shopping, parks, and public transportation, this property is an outstanding addition to any investment portfolio.

443 E 16th Ave | MLS# 639442926

This multi-family property located at 443 E 16th Ave, Eugene, OR 97401 is currently listed for sale with an asking price of $1,195,000. Search Eugene real estate on www.bendpremierrealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: CrawlSpace
Fuel Type: Electricity
Heating: WallHeater
Roof Type: Composition
Stories: 2.0
Taxes: $9,563
Year Built: 2009

Units

Unit Type 1:
Bathroom(s): 2
Bedrooms: 4
Features: Dishwasher, Range, Refrigerator, WasherDryerHookup
Rent: $3520.00
Square Footage: 1386
Total Units: 1
Unit Type 2:
Bathroom(s): 2
Bedrooms: 4
Features: Dishwasher, Range, Refrigerator, WasherDryerHookup
Rent: $3624.00
Square Footage: 1724
Total Units: 1

Feature Descriptions

Days on Site: 21
Exterior: Cement Siding
Gross Income: $85728.00 (Actual)
Hot Water: Electricity
Lot: Level
Net Income: $69100.00 (Actual)
Operating Expenses: $16628.00 (Actual)
Parking: Covered, OffStreet
Parking Notes: Covered, OffStreet
Sewer: Public Sewer
Special View Info: City
Units: 2
Water: Public Water

Local Schools

High School: South Eugene
Middle School: Roosevelt
Elementary School: Edison

Listed By / Shown By

Listed By

Agency Name: John L. Scott Eugene
Agency Phone: 541-687-1415

Shown By

Agency Title: Bend Premier Real Estate
Agency Phone: 541-323-2779

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Estimate Your Payment

Estimated Payment

$ 7,188.03 per month $6,042.57 Principal & Interest $796.92 Property Tax $348.54 Homeowner's Insurance

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