Listing provided courtesy of Sixel Real Estate- MLS# 410025159
Contact Information: 541-954-1915
Contact Information: 541-954-1915Images
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427 WASHINGTON STEugene, OR 97401
Multi-Family · 0.08 Acres$355,000
Pending
427 WASHINGTON ST Overview
- Time on Site:
- 375 days
- Visits:
- 9
Unique development opportunity in downtown Eugene. Seller has preliminary plans drawn for a 20 unit apartment or up to a 69 unit single room occupancy complex. Drawings can be provided upon request. Package deal can be made if 490 W 4th ave is also purchased with 427 Washington. Great walk & bike-score! Near The Owen Rose Garden, Downtown Shops, Whiteaker Breweries, the Willamette River, and more! There is so much to see & do in the heart of Eugene. These properties also make great long-term rental investments with the current tenants. (Do don't disturb current tenants, please.) Note: there is currently only one dedicated parking space. $355k
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427 WASHINGTON ST Facts & Features
- Type Multi-Family
- Lot 0.08 Acres
Details
General
School Information
- Elementary School: River Road
- Middle Or Junior School: Kelly
- High School: North Eugene
Income/Expenses
- Gross Income: 34800.0
- Net Operating Income: 32122.0
- Operating Expense: 2679.0
Building Information
- Year Built: 1900
Location/Region
- Country: US
- County Or Parish: Lane
- MLS Area Major: 247 - Lane Co: River Road
- Subdivision Name: North Eugene Mixed Downtown
Rent/Lease Information
- Rent Includes: None
Tax Information
- Tax Annual Amount: 2678.25
- Tax Year: 2024
General Information
- Listing Terms: Cash,Conventional
- Parcel Number: 0256485
- Property Condition: Fixer
- Property Type: Multi Family
- Zoning: S-W/SR
Interior
Parking Information
- Garage Spaces: 0
General Information
- Basement: Crawl Space
- Heating: Baseboard,Wall Heater
- Stories: 2
Exterior
Parking Information
- Parking Features: Off Street
- Parking Total: 1.0
Lot Information
- Lot Size Square Feet: 3484.0
- Water Source: Public Water
Building Exterior/Construction
- Roof: Composition
General Information
- Number Of Units Total: 3
- Sewer: Public Sewer
427 WASHINGTON ST Neighborhood
Community
97401 (Eugene) Demographics
29
Median Age
5,221
Population Density (per sq. mile)
56%
College Educated
$41,502
Estimated Median Income
6,500
Estimated Total Home Owners
15,270
Estimated Total Renters
30% / 70%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.427 WASHINGTON ST Monthly Cost
427 WASHINGTON ST Market Data
Based on the last 30 days in this zip code
$618,332
Average List Price
$322
Average Price per Square Foot
28
Properties Sold
68
Average Days on Market
118
Properties for Sale
427 WASHINGTON ST History
| Date | Value | Agent |
|---|---|---|
| 9/24/2025Source: Regional MLS | Pending |
|
| 9/12/2025Source: Regional MLS | Active |
|
| 8/22/2025Source: Regional MLS | Pending |
|
| 7/30/2025Source: Regional MLS | $355,000 -7.8% |
|
| 6/19/2025Source: Regional MLS | June 19, 2025 |