721 W 5th AVE Active Save Request In-Person Tour Request Virtual Tour
Eugene,OR 97402
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,453 sqft
Price per Sqft $218
Subdivision Whiteaker
MLS Listing ID 24640649
Year Built 1910
Annual Tax Amount $4,184
Tax Year 2023
Lot Size 5,227 Sqft
Property Description
Amazing opportunity to acquire a 4 unit apartment in the heart of the Whiteaker neighborhood. This property is being sold in conjunction with 737 & 739 W 5th, directly next door to the west, MLS #24415328. 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 un-permitted 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. All rents are drastically below market, as the sellers have rarely raised rents throughout the years and all tenants are long term residents. Physical inspection of property with an accepted offer.
Location
State OR
County Lane
Community Commons,Laundry
Area _245
Zoning R-3
Rooms
Basement Exterior Entry, Partially Finished, Separate Living Quarters Apartment Aux Living Unit
Interior
Heating Baseboard, Zoned
Cooling None
Exterior
Community Features Commons,Laundry
Roof Type Composition
Parking Type Off Street, On Street
Garage No
Building
Lot Description Level
Story 2
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public Water
Level or Stories 2
Schools
Elementary Schools River Road
Middle Schools Kelly
High Schools North Eugene
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional