1546 Willamette St, Eugene, OR 97401

Local realty services provided by:Better Homes and Gardens Real Estate Realty Partners
1546 Willamette St,Eugene, OR 97401
$3,750,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: ian crist
Office: bridge creek realty503-508-0131
MLS#:601208080
Source:PORTLAND

Price summary

  • Price:$3,750,000

About this home

The West Eugene Multifamily Portfolio offers 42 residential units plus an office/storage space across four centrally located Eugene properties. The portfolio includes 10 buildings totaling approximately 22,212 square feet and a diversified unit mix of 12 studios/SROs, 22 one-bedroom units, seven two-bedroom units, and one three-bedroom single-family residence. All four properties provide off-street parking, with 32 total spaces, and multiple locations include on-site laundry.The portfolio combines vintage character with meaningful capital improvements, including newer roofing and siding at select properties, along with interior renovations completed as units have turned. Current scheduled NOI is approximately $275,335, providing a 7.34% cap rate at the asking price, with additional upside available through continued rent growth, unit renovations, and operational improvements.

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Home facts

  • Year built:1945
  • Listing ID #:601208080
  • Added:1 day(s) ago
  • Updated:September 04, 2026 at 12:02 PM

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Year built:1945
  • Lot area:0.15 Acres
  • Levels:3 Stories

Schools

  • High school:South Eugene
  • Middle school:Roosevelt
  • Elementary school:Adams

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$3,750,000
  • Tax amount:$2,403 (2025)
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