721 W 5th AVE, Eugene, OR 97402

$475,000
3,453
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Sold Price
$475,000
List Price
$650,000
Closing Date
Jul 02, 2025
Days on Market
274
MLS#
24640649
Property Type
Multifamily
Sqft. of Residence
3,453
Lot Size
5, 000 to 6, 999 SqFt
Region
Lane Co: West Eugene
Status
SOLD

Property 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 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 is vacant with estimated rents to be $1,150 per unit

Additional Information

Tax Amount
$4,294
Year Built
1910
High School
North Eugene
Elementary School
River Road
Middle School
Kelly
Acres
0.12
Living Area
3,453
Stories
2
Subdivision
Whiteaker
Terms
Cash, Conventional
Cooling Description
None
Fuel Description
Electricity
Heating Description
Baseboard, Zoned
Hoa Rent Includes
Sewer, Trash Collection, Water
Hot Water Description
Electricity
Exterior Description
Wood Siding
Roof Type
Composition
Sewer Description
Public Sewer
Parking
Off Street, On Street
Parking Description
Off Street, On Street
Road Surface
Paved
Number Of Units Total
4
Unit Type One Baths Total
1
Unit Type One Beds Total
1
Unit Type One Sq Ft
643
Unit Type One Units Total
1
Unit Type Two Baths Total
1
Unit Type Two Beds Total
1
Unit Type Two Units Total
1
Unit Type Three Baths Total
1
Unit Type Three Beds Total
1
Unit Type Three Sq Ft
643
Unit Type Three Units Total
1
Unit Type Four Baths Total
1
Unit Type Four Beds Total
1
Unit Type Four Sq Ft
600
Unit Type Four Units Total
1

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Keller Williams Realty Eugene and Springfield. Selling Office: ICON Real Estate Group.

The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2026 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.