443 E 16TH AVE, Eugene, OR 97401
- $1,175,000
- List Price
- $1,175,000
- Status
- ACTIVE
- Days on Market
- 38
- Price Change
- ▼ $20,000 1788054236
- MLS#
- 639442926
- Year Built
- 2009
- MLS Area Major
- Lane Co: East Eugene
Property Description
Exceptional investment opportunity just blocks from the University of Oregon! This 2009 well-maintained duplex offers a rare combination of strong cash flow, modern construction, and a prime campus location. Each spacious unit features 4 generous-sized bedrooms, 2 full bathrooms, an open-concept living area, in-unit laundry, and a functional kitchen with plenty of cabinet and counter space. Assigned carport parking adds convenience, making these units highly desirable for student housing.The lower unit features a private, gated front patio, while the upper unit offers a covered balcony. With gross annual income of approximately $85,728 and a current lease in place through July 2027, this is a turnkey investment with immediate, stable income. Located in one of Eugene's strongest rental markets near the University of Oregon, restaurants, shopping, parks, and public transportation, this property is an outstanding addition to any investment portfolio.
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Additional Information
- Zoning
- R-3
- Stories
- 2
- Parking
- Covered, Off Street
- Parking Features
- Covered, Off Street
- Elementary School
- Edison
- Middle School
- Roosevelt
- High School
- South Eugene
- View
- City
Listing courtesy of John L. Scott Eugene.
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