1230 W 7th Ave

Eugene, OR 97402

$2,410,000
Price
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Description

Fully leased and Professionally Managed Apartment Community on .39 Acres. Recent capital improvements by owner, including: security gates, 2nd Floor railings, exterior paint, and new membrane roofs on both buildings. 5.7% cap rate on actual income and expense, 6.4% Cap rate on current turnover rent. Do not disturb residentsFully leased and Professionally Managed Apartment Community on .39 Acres. Recent capital improvements by owner, including: security gates, 2nd Floor railings, exterior paint, and new membrane roofs on both buildings. 5.7% cap rate on actual income and expense, 6.4% Cap rate on current turnover rent. Do not disturb residents
  1. Listed by Darren Stone • Jennings Group Inc

Property Details for 1230 West 7th Avenue

Parking Features
Off Street
Zoning
C-2
LISTING UPDATED: 10/02/2025 04:32 PM

Property Details for 1230 West 7th Avenue

StatusActive
MLS #472695265
Days on Market107
Taxes$6,996 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1968
Lot Size0.39 AC / 16,988 SF
CountyLane County

Location

Listing Courtesy of Jennings Group Inc
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Building Information for 1230 West 7th Avenue

Stories2Residences16Year Built1968Building Size-Lot Size0.39 AC / 16,988 SF

Payment Calculator

$12,329 per month

30 year fixed, 6.15% Interest

Principal and Interest

$11,746

Property Taxes

$583

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1230 West 7th Avenue

Summary
Location and General Information
  • Country: US
  • Directions: 7th Ave Between Polk and Tyler
School Information
  • Elementary School: Cesar Chavez
  • High School: Churchill
  • Middle Or Junior School: Arts & Tech
Taxes and HOA
  • Tax Year: 2024
  • Tax Annual Amount: $6,995.67
  • Parcel Number: 0473510
  • Tax Legal Description: Map and Tax Lots 17-04-36-11-12700 and 13000
Property
Lot Information
  • Acres: 0.39
  • Lot Size Square Feet: 16988.0
  • Lot Size Range: Sq Ft15000to19999
  • Lot Size: 15,000 to 19,999 Sq Ft
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Public Water
  • Property Condition: Existing
  • Year Built: 1968
Utilities
  • Fuel Description: Electricity
  • Heating Description: Ceiling
  • Hot Water Description: Electricity
  • Sewer Description: Public Sewer
  • Rent Includes: Maintenance Grounds, Trash Collection, Water
Interior and Exterior Features
Exterior Features
  • Exterior Description: T111Siding, Wood Siding
  • Roof Type: Membrane
Interior Features
  • Stories: 2
Multi Family
Multi-Family Information
  • Number Of Units Total: 16
  • Gross Income Actual: $198,782.00
  • Gross Income Projected: $217,398.00
  • Gross Rent Multiplier: $12.12
  • Investor Information: Annual Property Operation Data, Profit Loss Statement
  • Net Income Actual: $137,776.00
  • Net Income Projected: 153599
  • Operating Expenses Projected: $63,799.00
  • Operating Expense: $61,006.00
  • Security Features: Security Gate
  • Unit Type Type: Unit Type Type1, Unit Type Type2, Unit Type Type3
Unit 1 Information
  • Unit Type 1 Baths Total: 1
  • Unit Type 1 Baths Decimal: 1.00
  • Unit Type 1 Beds Total: 2
  • Unit Type 1 Rent: $1,172
  • Unit Type 1 SqFt: 650.0
  • Unit Type 1 Units Total: 8
Unit 2 Information
  • Unit Type 2 Baths Total: 1
  • Unit Type 2 Baths Decimal: 1.00
  • Unit Type 2 Beds Total: 1
  • Unit Type 2 Rent: $1,027
  • Unit Type 2 SqFt: 400.0
  • Unit Type 2 Units Total: 6
Unit 3 Information
  • Unit Type 3 Baths Total: 1
  • Unit Type 3 Baths Decimal: 1.00
  • Unit Type 3 Beds Total: 0
  • Unit Type 3 Rent: $1,023
  • Unit Type 3 SqFt: 350.0
  • Unit Type 3 Units Total: 2

Public Records for 1230 West 7th Avenue

Taxable ValueLand-Additions-Total-
Tax Record2025$7,084 ($590 / month)
Home Facts
Lot Size8,712 SqFtStyleMulti-Family Dwelling (2-4)ZoningC-2-COMMUNITYCountyLANEAPN17-04-36-11-12700-000

Schools near 1230 West 7th Avenue

This home is within Eugene School District 4j.
Rating
School
Type
Grades
Distance
Cesar Chavez Elementary School
Public - K to 5
Arts And Technology Academy At Jefferson
Public - 6 to 8
Churchill High School
Public - 9 to 12
Eugene Education Options
Public - 9 to 12
Rating
School
Distance
Cesar Chavez Elementary School
PublicK to 5

Arts And Technology Academy At Jefferson
Public6 to 8

Churchill High School
Public9 to 12

Eugene Education Options
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 1230 West 7th Avenue, Eugene, OR 97402

1230 West 7th Avenue is a multi-family home for sale in Eugene, OR 97402. This property was listed for sale on October 2, 2025 by Jennings Group Inc, it's currently listed at $2,410,000. This listing's school district is Eugene School District 4j. Nearby schools include Cesar Chavez Elementary School, Arts And Technology Academy At Jefferson and Churchill High School. 1230 West 7th Avenue is a 0-bed, 0-bath, multi-family home built in 1968.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Jennings Group Inc

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