263 W 16TH AVE

Eugene, OR 97401

$585,000

Successful income producing property. This duplex has been a cashflowing STR for 3 years, but could also be great as a long term rental, or personal home. The 2 Units are totally separate, with their own fenced yards and entrances, the carport/storage area separates the two sides and is the… Read MoreRead Less

Listing courtesy of eXp Realty LLC.

Listing Snapshot

Days Online

Last Updated

Oct 6, 2025

Square Ft.

1,379

Lot Size

0.1 Acres

Year Built

1957

MLS Number

126581512

30 Days Snapshot Of 97401

$523k

-2%

(avg) sold price

-25%

homes sold

-17%

(avg) days on market

Snapshot

Area Map

Additional Details

Property Access

Road Surface Type: Paved

Basement

Basement: CrawlSpace

Building

Building Area Total: 1379, Built in 1957, Storage: None, Stories: 1, Unit Type Type: UnitTypeType1, UnitTypeType2

Cooling

Cooling: HeatPump, MiniSplit

Expenses

Operating Expense Scheduled: 18000, Operating Expense: $21,800

Exterior Features

Exterior Description: ShakeSiding

Foundation

Foundation Details: ConcretePerimeter

Heating

Heating: HeatPump, MiniSplit, Zoned

Income

CAP Rate: 8.55, Gross Income: $87,000, Gross Rent Multiplier: 6.72, Gross Scheduled Income: $82,000, Net Operating Income: $50,000, Net Scheduled Income: 47000

Lot

Features: PublicRoad, Size Acres: 0.1, Size Range: SqFt3000to4999, Size Square Feet: 4,356, Size: 3,000 to 4,999 SqFt

Miscellaneous

Investor Information: AccordingToOwner, ProfitLossStatement, TaxReturnsAvailable

Parking

Features: Driveway, OffStreet, 4 total parking spots

Property

Number Of Units Total: 2, Property Condition: UpdatedRemodeled, Zoning: DUPLEX

Roof

Roof: Composition

Security Features

Features: None

Sewer

Sewer: PublicSewer

Taxes

Annual Amount: $3,524, Legal Description, Tax Year: 2024

Unit One

Actual Rent: $3,500, Area: 720, Features: AirConditioning, Furnished, Refrigerator, WasherDryer, Units Total: 1, 1 total bathroom, 2 total bedroom

Unit Two

Actual Rent: $3,500, Area: 659, Features: AirConditioning, Furnished, Refrigerator, WasherDryer, Units Total: 1, 1 total bathroom, 2 total bedroom

Utilities

Fuel Description: None, Hot Water Description: Electricity, Tank, Internet Service Type: DSL, Water Source: PublicWater

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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 DC Real Estate are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS, Portland, Oregon.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

This content last updated on Oct 6, 2025. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
This content last updated on Oct 6, 2025. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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