3420 River Road

Sold 9/19/25
Sold 9/19/25
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Sold
Last Sold Price
$325,000
1,658 sqft$196/sqft
3420 River Rd, Eugene, OR 97404
Multi FamilyProperty Type
0.26 acresLot Size
1948Year Built
$196/sq ftPrice per sq ft

Description

Duplex with strong potential in a desirable Santa Clara location. Opportunity awaits with the generous quarter-acre corner lot. The front unit offers approximately 1,200 sq. ft. with 2 bedrooms and 1 bath, while the back unit is a 1-bedroom, 1-bath studio of about 450 sq. ft. Both are currently under-rented, creating strong potential for increased income. The property’s size and corner positioning offer excellent possibilities—expand the existing footprint, develop a multi-unit complex, or renovate...Duplex with strong potential in a desirable Santa Clara location. Opportunity awaits with the generous quarter-acre corner lot. The front unit offers approximately 1,200 sq. ft. with 2 bedrooms and 1 bath, while the back unit is a 1-bedroom, 1-bath studio of about 450 sq. ft. Both are currently under-rented, creating strong potential for increased income. The property’s size and corner positioning offer excellent possibilities—expand the existing footprint, develop a multi-unit complex, or renovate the current duplex to maximize rental returns. Ample off-street parking is available behind the building, adding convenience for tenants. A solid investment opportunity in a desirable neighborhood.
  • Listed by: Jon Eschrich • Triple Oaks Realty LLC 541-968-2655
Listing closed: 09/19/2025 12:00 AM • Source: RMLS, MLS#: 390875361
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Location

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$1,847 per month

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$1,652

Property Taxes

$195

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Property Information for 3420 River Road

Property Details
  • Taxes: $2,343 / year
  • MLS Type: Multi Family
  • County: Lane County
  • Parking Features: Driveway
  • Zoning: R1
Building Information
  • Stories: 2
  • Residences: 2
  • Year Built: 1948
  • Lot Size: 0.26 AC / 11,325 SF
Summary
Location and General Information
  • Country: US
  • Directions: Corner of W. Anchor and River Rd
  • Road Surface: Concrete, Gravel
School Information
  • Elementary School: Spring Creek
  • High School: North Eugene
  • Middle Or Junior School: Madison
Taxes and HOA
  • Tax Year: 2024
  • Tax Annual Amount: $2,342.54
  • Parcel Number: 1496288
  • Tax Legal Description: 17-04-02-43-01401
Property
Lot Information
  • Acres: 0.26
  • Lot Description: Corner Lot
  • Lot Size Square Feet: 11325.0
  • Lot Size Range: Sq Ft10000to14999
  • Lot Size: 10,000 to 14,999 Sq Ft
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Public Water
  • Property Condition: Fixer
  • Year Built: 1948
Utilities
  • Fuel Description: Electricity
  • Heating Description: Baseboard, Wall Heater
  • Hot Water Description: Electricity
  • Sewer Description: Public Sewer
  • Rent Includes: Water
Interior and Exterior Features
Exterior Features
  • Exterior Description: Cedar, T111Siding
  • Roof Type: Composition
Interior Features
  • Basement: Crawl Space
  • Foundation Details: Concrete Perimeter
  • Stories: 2
Amenities
Amenities Information
  • Internet Service Type: Cable
Multi Family
Multi-Family Information
  • Number Of Units Total: 2
  • Gross Income Actual: $22,440.00
  • Gross Income Projected: $28,200.00
  • Gross Rent Multiplier: $14.48
  • Investor Information: According To Owner
  • Net Income Actual: $18,040.00
  • Operating Expense: $4,400.00
  • Unit Type Type: Unit Type Type1, Unit Type Type2
  • SqFt Approximate Building Total: 1658
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: $1,020
  • Unit Type 1 SqFt: 1208.0
  • 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: 1
  • Unit Type 2 Features: Range, Refrigerator
  • Unit Type 2 Rent: $850
  • Unit Type 2 SqFt: 450.0
  • Unit Type 2 Units Total: 1

Property History for 3420 River Road

DateEvent & SourcePriceAppreciation
Sep 11, 2025

Sold (Public Record)

Public Record #1912673310

$325,000—
DateEvent & SourcePrice
09/11/2025

Sold (Public Record)

Public Record #1912673310

$325,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 3420 River Road

Taxable ValueLand-Additions-Total-
Tax Record2025$2,355 ($196 / month)
Home Facts
Baths2Total Finished SqFt1,658 SqFtAbove Grade Finished SqFt1,658 SqFtStories1Lot Size11,325 SqFtStyleDuplexYear Built1948Year Renovated1948ZoningR-1CountyLANEAPN1496288

Schools near 3420 River Road

This home is within Eugene School District 4j.
Rating
School
Type
Grades
Distance
Spring Creek Elementary School
Public - K to 5
Madison Middle School
Public - 6 to 8
North Eugene High School
Public - 9 to 12
Yujin Gakuen Elementary School
Public - K to 5
Rating
School
Distance
Spring Creek Elementary School
PublicK to 5

Madison Middle School
Public6 to 8

North Eugene High School
Public9 to 12

Yujin Gakuen Elementary School
PublicK to 5

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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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Triple Oaks Realty LLC

All information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than Compass are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright © 2026 RMLS, Portland, Oregon. Last updated: 09/22/2025 07:41 AM