1370 High Street

1370 High Street

Eugene, OR 97401

$1,750,000
Price
—
Beds
5,988 Sq. Ft.
$292 / Sq. Ft.
5,988
Sq. Ft.
$292
per Sq. Ft.
a backyard of a house with yard and garage
a front view of a house with a yard and garage
a view of entryway
a view of a hallway with wooden floor and staircase
a view of kitchen with sink and cabinets
a kitchen with a stove and a refrigerator
a view of empty room with wooden floor
a view of empty room with wooden floor
a kitchen with a refrigerator and a stove
a potted plant sitting in front of a house
wooden floor in an empty room with a window
a view of room with window
a view of walk in closet with empty racks
a balcony with wooden floor and fence
a view of a city

Description

Rare opportunity to acquire a fully leased 10 unit apartment building in midtown Eugene close to the University. Strong in place cash flow. A majority of the units have had various updates performed including new LVP flooring, bathroom and kitchen improvements, updated heating, and fresh paint. Each unit comes with its own parking space and either a private deck or patio. The exterior of the building has a new 2nd floor Trex walkway, newer staircase access and security upgrades throughout the property...Rare opportunity to acquire a fully leased 10 unit apartment building in midtown Eugene close to the University. Strong in place cash flow. A majority of the units have had various updates performed including new LVP flooring, bathroom and kitchen improvements, updated heating, and fresh paint. Each unit comes with its own parking space and either a private deck or patio. The exterior of the building has a new 2nd floor Trex walkway, newer staircase access and security upgrades throughout the property including entry gates, a locked trash area and a secure onsite laundry room.
  1. Listed by Jesse Elconin • Duo Property Group, LLC

Property Details for 1370 High Street

Parking Features
Assigned, Paved
Zoning
GO
Garage Spaces
10.00
Parking Total
10.00

Location

Listing Courtesy of Duo Property Group, LLC
Add your commute
LISTING UPDATED: 01/04/2024 01:16 PM

Property Details for 1370 High Street

StatusActive
MLS #24266933
Days on Market117
Taxes$9,688 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1960
Lot Size-
CountyLane County

Location

Listing Courtesy of Duo Property Group, LLC
Add your commute

Building Information for 1370 High Street

Stories2Residences10Year Built1960Building Size-Lot Size-

Payment Calculator

$10,358 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,550

Property Taxes

$807

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1370 High Street

Summary
Location and General Information
  • Country: US
  • Directions: West side of High Street between 14th and 13th
School Information
  • Elementary School: Edison
  • High School: South Eugene
  • Middle Or Junior School: Roosevelt
Parking
  • Attached Garage: No
Taxes and HOA
  • FIRPTA: No
  • Management Name: Duo Property Group, LLC
  • Tax Year: 2023
  • Tax Deferral: No
  • Tax Annual Amount: $9,688.28
  • Parcel Number: 0274934
  • Tax Legal Description: 1703314103500
Virtual Tour
  • Video Virtual Tour 1 Y/N: No
  • Video Virtual Tour 2 Y/N: No
Property
Lot Information
  • 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
  • Property Condition: Updated Remodeled
  • Year Built: 1960
  • Property Attached: No
Utilities
  • Cooling Description: None
  • Fuel Description: Electricity
  • Heating Description: Other
  • Hot Water Description: Electricity
  • Sewer Description: Public Sewer
  • Rent Includes: Sewer, Trash Collection, Water
Green Features
  • Green Certification: No
Interior and Exterior Features
Interior Features
  • Basement: None
  • View Y/N: No
  • Stories: 2
  • Cooling: No
  • Heating: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 10
  • Gross Income Actual: $146,940.00
  • Gross Income Projected: $159,000.00
  • Gross Rent Multiplier: $11.91
  • Investor Information: Leases, Profit Loss Statement
  • Net Income Actual: $105,374.00
  • Net Income Projected: 116141
  • Operating Expenses Projected: $36,906.00
  • Operating Expense: $36,096.00
  • Security Features: Entry, Security Gate, Security Lights
  • Storage: None
  • Unit Type Type: Unit Type Type1
  • Common Amenities: Laundry
  • SqFt Approximate Building Total: 5988
Unit 1 Information
  • Unit Type 1 Baths Total: 1
  • Unit Type 1 Beds Total: 1
  • Unit Type 1 Features: Deck, Disposal, Range, Refrigerator
  • Unit Type 1 Rent: $1,227
  • Unit Type 1 SqFt: 550.0
  • Unit Type 1 Units Total: 10

Property History for 1370 High 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 1370 High Street

Taxable ValueLand-Additions-Total-
Tax Record2023$9,688 ($807 / month)
Home Facts
Lot Size7,841 SqFtStyleMulti-Family Dwelling (2-4)ZoningGO-GENERAL OFCountyLANEAPN17-03-31-41-03500-000

Schools near 1370 High 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.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

Homes for Sale near West University

Neighborhoods

Cities

ZIPs

More information about 1370 High Street, Eugene, OR 97401

1370 High Street is a multi-family home for sale in Eugene, OR 97401. This property was listed for sale on January 4, 2024 by Duo Property Group, LLC, it's currently listed at $1,750,000. It has been on the market for a total of 117 days and was last sold on December 4, 2020. This listing's school district is Eugene School District 4j. Nearby schools include Edison Elementary School, Roosevelt Middle School and South Eugene High School. 1370 High Street is a 0-bed, 0-bath, 5,988 sqft multi-family home built in 1960.

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 Duo Property Group, 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 © 2024 RMLS, Portland, Oregon. Last updated: 01/04/2024 01:16 PM