154 NORMAN AVE

Eugene, OR 97404

$525,000

Excellent investment opportunity: Well-maintained duplex on a large lot with separate fenced backyards. Unit 156 is 1,500 sqft with 4 bedrooms, 1.5 baths, and a remodeled kitchen (2016). Long-term tenants in place provide immediate rental income. Unit 154 is 768 sqft with 2 bedrooms, 1.5 baths, granite countertops, upscale appliances,… Read MoreRead Less

Listing courtesy of ICON Real Estate Group.

Listing Snapshot

Days Online

Last Updated

Aug 18, 2025

Square Ft.

2,268

Lot Size

0.23 Acres

Year Built

1968

MLS Number

547523236

30 Days Snapshot Of 97404

$462k

+5%

(avg) sold price

-37%

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: 2268, Built in 1968, Storage: Garage, Stories: 2, Unit Type Type: UnitTypeType1, UnitTypeType2

Cooling

Cooling: None

Expenses

Operating Expense Scheduled: 8500, Operating Expense: $8,120

Exterior Features

Exterior Description: T111Siding

Foundation

Foundation Details: ConcretePerimeter

Garage

Garage Spaces: 2

Heating

Heating: ForcedAir

Income

CAP Rate: 5.46, Gross Income: $36,780, Gross Rent Multiplier: 14.27, Gross Scheduled Income: $40,500, Net Operating Income: $28,660, Net Scheduled Income: 32000

Lot

Features: Level, Size Acres: 0.23, Size Range: SqFt10000to14999, Size Square Feet: 10,018, Size: 10,000 to 14,999 SqFt

Miscellaneous

Investor Information: AccordingToOwner, MaintenanceRecordsAvailable, RentRecords, UtilityRecordsAvailable

Parking

Features: Driveway, OnStreet

Property

Number Of Units Total: 2, Property Condition: Existing, Zoning: R-1, UL

Roof

Roof: Composition, Membrane

Sewer

Sewer: PublicSewer

Taxes

Annual Amount: $5,300, Legal Description, Tax Year: 2024

Unit One

Actual Rent: $1,625, Area: 1500, Features: Dishwasher, Range, Refrigerator, WasherDryerHookup, Units Total: 1, 2 total bathrooms, 4 total bedroom

Unit Two

Actual Rent: $1,440, Area: 768, Features: Dishwasher, Range, Refrigerator, WasherDryer, Units Total: 1, 2 total bathrooms, 2 total bedroom

Utilities

Fuel Description: Electricity, Gas, Hot Water Description: Gas, Internet Service Type: Cable, 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 Aug 18, 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 Aug 18, 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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