1186 Ferry Street

1186 Ferry Street

Eugene, OR 97401

$3,250,000
Price
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Description

Three buildings(other two addresses: 457 & 475 E 12 Ave) on 3 neighboring lots in the West University of Oregon Neighborhood. Property is zoned R4 with Transit and site review overlays and appears to be able to support 32 units with parking exemptions. 17 units total $19,500 per month in rent. Serious inquiries only. Do not disturb tenants. Properties have strong rental demand for renewal each year.Three buildings(other two addresses: 457 & 475 E 12 Ave) on 3 neighboring lots in the West University of Oregon Neighborhood. Property is zoned R4 with Transit and site review overlays and appears to be able to support 32 units with parking exemptions. 17 units total $19,500 per month in rent. Serious inquiries only. Do not disturb tenants. Properties have strong rental demand for renewal each year.
  1. Listed by James St Clair • St Clair Properties
  2. Listed by Anton Fraga • St Clair Properties

Property Details for 1186 Ferry Street

Zoning
R-4

Location

Listing Courtesy of St Clair Properties
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LISTING UPDATED: 04/08/2024 09:28 AM

Property Details for 1186 Ferry Street

StatusActive
MLS #22219787
Days on Market376
Taxes$12,685 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1912
Lot Size-
CountyLane County

Location

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Building Information for 1186 Ferry Street

Stories-Residences17Year Built1912Building Size-Lot Size-

Payment Calculator

$18,794 per month

30 year fixed, 7.25% Interest

Principal and Interest

$17,737

Property Taxes

$1,057

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1186 Ferry Street

Summary
Location and General Information
  • Country: US
  • Directions: Franklin to Patterson to 12th.
School Information
  • Elementary School: Edison
  • High School: South Eugene
  • Middle Or Junior School: Roosevelt
Taxes and HOA
  • Tax Year: 2022
  • Tax Annual Amount: $12,685.14
  • Parcel Number: 0285138
  • Parcel Number 2: 285146
  • Parcel Number 3: 285153
  • Tax Legal Description: TL 08300, 08400, 08500
Property
Lot Information
  • Lot Description: Corner Lot, Level
  • 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
  • Year Built: 1912
Utilities
  • Fuel Description: Gas
  • Heating Description: Baseboard
  • Hot Water Description: Electricity, Gas
  • Sewer Description: Public Sewer
  • Rent Includes: Gas, Sewer, Water
Interior and Exterior Features
Exterior Features
  • Roof Type: Composition
Multi Family
Multi-Family Information
  • Number Of Units Total: 17
  • Gross Income Actual: $232,462.00
  • Gross Rent Multiplier: $13.98
  • Net Income Actual: $149,424.00
  • Operating Expense: $83,038.00
  • Unit Type Type: Unit Type Type1, Unit Type Type2, Unit Type Type3
Unit 1 Information
  • Unit Type 1 Baths Total: 7
  • Unit Type 1 Beds Total: 0
  • Unit Type 1 Rent: $9,800
  • Unit Type 1 SqFt: 6400.0
  • Unit Type 1 Units Total: 8
Unit 2 Information
  • Unit Type 2 Baths Total: 6
  • Unit Type 2 Beds Total: 7
  • Unit Type 2 Rent: $5,425
  • Unit Type 2 SqFt: 3419.0
  • Unit Type 2 Units Total: 4
Unit 3 Information
  • Unit Type 3 Baths Total: 5
  • Unit Type 3 Beds Total: 5
  • Unit Type 3 Rent: $4,325
  • Unit Type 3 SqFt: 2936.0
  • Unit Type 3 Units Total: 5

Property History for 1186 Ferry Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1186 Ferry Street

Taxable ValueLand-Additions-Total-
Tax Record2023$6,134 ($511 / month)
Home Facts
Lot Size5,227 SqFtStyleMulti-Family Dwelling (2-4)ZoningR-4-HIGH-DENSCountyLANEAPN17-03-32-32-08300-000

Schools near 1186 Ferry Street

This home is within Eugene School District 4j.
Rating
School
Type
Grades
Distance
Edison Elementary School
Public - K to 5
Roosevelt Middle School
Public - 6 to 8
South Eugene High School
Public - 9 to 12
Network Charter School
Charter - 7 to 12
Rating
School
Distance
Edison Elementary School
PublicK to 5

Roosevelt Middle School
Public6 to 8

South Eugene High School
Public9 to 12

Network Charter School
Charter7 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 1186 Ferry Street, Eugene, OR 97401

1186 Ferry Street is a multi-family home for sale in Eugene, OR 97401. This property was listed for sale on April 21, 2023 by St Clair Properties, it's currently listed at $3,250,000. It has been on the market for a total of 376 days and was last sold on February 13, 2017. This listing's school district is Eugene School District 4j. Nearby schools include Edison Elementary School, Roosevelt Middle School and South Eugene High School. 1186 Ferry Street is a 0-bed, 0-bath, multi-family home built in 1912.

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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of St Clair Properties

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