OR > Eugene > Whiteaker
Eugene, OR 97402,721 W 5th AVE
Eugene, OR 97402,721 W 5th AVE
Eugene, OR 97402,721 W 5th AVE
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Listed by Keller Williams Realty Eugene and Springfield • 541-521-1492
$755,000
Est. payment /mo
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3,453 SqFt
Active

721 W 5th AVE Eugene, OR 97402

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Lee Davies

Lee Davies

+1(503) 468-4018

UPDATED:

10/21/2024 01:17 AM

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,453 sqft

Price per Sqft $218

Subdivision Whiteaker

MLS Listing ID 24640649

Year Built 1910

Annual Tax Amount $4,184

Tax Year 2023

Lot Size 5,227 Sqft

Property Description

Amazing opportunity to acquire a 4 unit apartment in the heart of the Whiteaker neighborhood. This property is being sold in conjunction with 737 & 739 W 5th, directly next door to the west, MLS #24415328. With two units per floor, this property also features a full basement with it's own exterior entry. Leading down the basement stairs reveals a common area with a community washer & dryer, and a separate un-permitted 2 bedroom apartment with a full bathroom and kitchen. This property has been well maintained throughout the years and boasts vinyl windows, updated plumbing & electrical, including 5 brand new electrical panels installed in September of 2024. Each unit has its own meter and water heater, with a separate water heater for the laundry and down stairs apartment. All rents are drastically below market, as the sellers have rarely raised rents throughout the years and all tenants are long term residents. Physical inspection of property with an accepted offer.

Location

State OR

County Lane

Community Commons, Laundry

Area _245

Zoning R-3

Rooms

Basement Exterior Entry, Partially Finished, Separate Living Quarters Apartment Aux Living Unit

Interior

Heating Baseboard, Zoned

Cooling None

Exterior

Community Features Commons, Laundry

Roof Type Composition

Parking Type Off Street, On Street

Garage No

Building

Lot Description Level

Story 2

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public Water

Level or Stories 2

Schools

Elementary Schools River Road

Middle Schools Kelly

High Schools North Eugene

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Regional Multiple Listing Service (RMLS)

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Lee Davies

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+1(503) 468-4018

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721 W 5th AVE