325 River Rd, Eugene, OR 97404

$795,000
Matterport Tour Logo Virtual Tour

44 Total Photos [Click to View All]

Property Description

This is a truly unique property with a wide range of potential. On 3 taxlots spanning .64 acres, you find a classic 1929 Tudor with a fully separate cottage, gated parking with 10 spaces, a mature orchard, a large garden and room for the residents to spread out. This storybook property is located almost at the intersection of Chambers & River Rd, adjacent to Whiteaker, minutes to downtown Eugene, a block from Maurie Jacobs Park & the Willamette River. Generous C2 zoning allows for a wide range of creative residential + commercial opportunities. Multi-family housing, mixed use residential/commercial, bed and breakfast, total re-development, many options. Main house is a classic Tudor of a little more than 3000 sq ft. It has 6 BR, 4 BA over three stories. There are some really special architectural touches - arches, woodwork, high vaulted ceilings, big bright windows, a classic wood staircase, large bedrooms. The house has a main full kitchen shared by all, with additional kitchenettes (no stove) in the front and basement apartments. The 1 BR/1 BA cottage also has a full kitchen and appears to have been built at the same time as the house - it's a 682 sq ft fairytale retreat tucked in the corner under the trees. Tenants all share the well-tended garden and orchard, and communal laundry. Total rents for the two homes are $4920/mo. Call your Realtor to discuss the possibilities and get more information on this most interesting compound. Please do not enter property or disturb tenants.

325 River Rd | MLS# 475174291

This multi-family property located at 325 River Rd, Eugene, OR 97404 is currently listed for sale with an asking price of $795,000. Search Eugene real estate on daniellegates.bendpremierrealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: ExteriorEntry, Finished, SeparateLivingQuartersApartmentAuxLivingUnit
Fuel Type: Electricity, Gas
Heating: Forced Air
Roof Type: Shingle
Stories: 3.0
Taxes: $8,973
Year Built: 1929
Square Feet: 3,746

Units

Unit Type 1:
Bathroom(s): 1
Bedrooms: 1
Features: Range, Refrigerator
Rent: $950.00
Square Footage: 682
Total Units: 1
Unit Type 2:
Bathroom(s): 4
Bedrooms: 6
Features: Range, Refrigerator, Storage, WoodFloors
Rent: $3970.00
Square Footage: 3064
Total Units: 1

Feature Descriptions

Days on Site: 38
Exterior: Stucco, Wood Siding
Gross Income: $59040.00 (Actual)
Hot Water: Electricity, Gas
Lot: Corner Lot, Level, On Busline, Orchard
Net Income: $47040.00 (Actual)
Operating Expenses: $12000.00 (Actual)
Parking: OffStreet, Secured
Parking Notes: OffStreet, Secured
Sewer: Public Sewer
Storage: Basement
Units: 2
Water: Public Water

Local Schools

High School: North Eugene
Middle School: Kelly
Elementary School: River Road

Listed By / Shown By

Listed By

Agency Name: Windermere RE Lane County
Agency Contact: 541-501-8319

Shown By

Agent Name: Danielle Gates Principal Broker
Agent Phone: (541) 921-7130
Agency Title: Bend Premier Real Estate

IDX logo

Estimate Your Payment

Estimated Payment

$ 4,999.58 per month $4,019.95 Principal & Interest $747.75 Property Tax $231.88 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Login to My Homefinder

Pixel