3118 Richard Ave

Eugene, OR 97402

$370,000
Price
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Description

This is a great opportunity for an owner occupied buyer or an investor. The duplex has been updated & maintained wellby the owners. Both tenants are month to month & would like to stay. In 2018 the owner did: New siding & ext paint, newplumbing, new HVAC, new electrical & new appliances. Both units probably need interior paint & carpet.. Joint laundry roomshared by both uints. Front unit has bonus room upstairs & larger yard.This is a great opportunity for an owner occupied buyer or an investor. The duplex has been updated & maintained wellby the owners. Both tenants are month to month & would like to stay. In 2018 the owner did: New siding & ext paint, newplumbing, new HVAC, new electrical & new appliances. Both units probably need interior paint & carpet.. Joint laundry roomshared by both uints. Front unit has bonus room upstairs & larger yard.
  1. Listed by Tim Duncan • Tim Duncan Real Estate • tim@timduncanre.com

Property Details for 3118 Richard Avenue

Zoning
C2
LISTING UPDATED: 01/16/2026 12:36 AM

Property Details for 3118 Richard Avenue

StatusActive
MLS #343394896
Days on Market10
Taxes$3,341 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1947
Lot Size0.20 AC / 8,712 SF
CountyLane County

Location

Listing Courtesy of Tim Duncan Real Estate
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Building Information for 3118 Richard Avenue

Stories-Residences2Year Built1947Building Size-Lot Size0.20 AC / 8,712 SF

Payment Calculator

$2,082 per month

30 year fixed, 6.15% Interest

Principal and Interest

$1,803

Property Taxes

$278

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3118 Richard Avenue

Summary
Location and General Information
  • Country: US
  • Directions: richard ave
School Information
  • Elementary School: Fairfield
  • High School: Willamette
  • Middle Or Junior School: Cascade
Taxes and HOA
  • Management Name: Next Generation Property Manag
  • Tax Year: 2025
  • Tax Annual Amount: $3,340.51
  • Parcel Number: 1313418
  • Tax Legal Description: tbd
Property
Lot Information
  • Acres: 0.2
  • Lot Size Square Feet: 8712.0
  • Lot Size Range: Sq Ft7000to9999
  • Lot Size: 7,000 to 9,999 Sq Ft
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Public Water
  • Year Built: 1947
Utilities
  • Cooling Description: Heat Pump
  • Fuel Description: Electricity
  • Heating Description: Forced Air
  • Hot Water Description: Tank
  • Sewer Description: Public Sewer
  • Rent Includes: Electricity, Gas, Sewer, Trash Collection, Water
Interior and Exterior Features
Exterior Features
  • Exterior Description: Other
Multi Family
Multi-Family Information
  • Number Of Units Total: 2
  • Gross Income Actual: $25,200.00
  • Gross Rent Multiplier: $14.68
  • Investor Information: Incomplete
  • Net Income Actual: $25,200.00
  • Operating Expense: $.00
  • Unit Type Type: Unit Type Type1, Unit Type Type2
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 Features: Air Conditioning, Dishwasher, Range, Washer Dryer
  • Unit Type 1 Rent: $1,005
  • Unit Type 1 SqFt: 914.0
  • Unit Type 1 Units Total: 1
Unit 2 Information
  • Unit Type 2 Baths Total: 1
  • Unit Type 2 Baths Decimal: 1.00
  • Unit Type 2 Beds Total: 2
  • Unit Type 2 Features: Air Conditioning, Dishwasher, Range, Washer Dryer
  • Unit Type 2 Rent: $1,095
  • Unit Type 2 SqFt: 914.0
  • Unit Type 2 Units Total: 1

Schools near 3118 Richard Avenue

This home is within Bethel School District 52.
Rating
School
Type
Grades
Distance
Fairfield Elementary School
Public - K to 5
Cascade Middle School
Public - 6 to 8
Willamette High School
Public - 9 to 12
Kalapuya High School
Public - 9 to 12
Rating
School
Distance
Fairfield Elementary School
PublicK to 5

Cascade Middle School
Public6 to 8

Willamette High School
Public9 to 12

Kalapuya High School
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 3118 Richard Avenue, Eugene, OR 97402

3118 Richard Avenue is a multi-family home for sale in Eugene, OR 97402. This property was listed for sale on January 6, 2026 by Tim Duncan Real Estate, it's currently listed at $370,000. This listing's school district is Bethel School District 52. Nearby schools include Fairfield Elementary School, Cascade Middle School and Willamette High School. 3118 Richard Avenue is a 0-bed, 0-bath, multi-family home built in 1947.

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 Tim Duncan Real Estate

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