Gillespie realty group
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$1,300,000
648 Days On Site
851 W 5TH AVEEugene, OR97402
Multi Family|Pending
2
Beds
1
Total Bath
1968
Built
County:
Lane
Listing courtesy of Ian Crist of Bridge Creek Realty (503) 508-0131
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Investor Opportunity! This 8-unit apartment building is only 2 miles from the University of Oregon campus and boasts a 6.13% cap rate on current income. All units are 2-bed/1-bath, 648 sqft. Amenities include on-site laundry, 10 parking spots and shared balconies. Recent upgrades include new exterior paint, new flooring, new cabinets and updated bathrooms in select units. A new owner could recapture $4,800/year by implementing utility bill-backs. Don't miss out on this opportunity!
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Listing Snapshot
Price
$1,300,000
Days On Site
648 Days
Bedrooms
2
Inside Area (SqFt)
N/A
Total Baths
1
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.22 Acres
Year Built
1968
MLS Number
189796170
Status
Pending
Property Tax
$9,351.68
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
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Recent Activity
| 2 months ago | Listing updated with changes from the MLS | |
| 2 months ago | Status changed to Pending | |
| 5 months ago | Price changed to $1,300,000 | |
| 2 years ago | Listing first seen on site |
General Features
Acres
0.22
Property Sub Type
Multi Family
Sewer
Public Sewer
Water Source
Public
Zoning
MF
Interior Features
Heating
Baseboard
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Community Features
MLS Area
_245
Financing Terms Available
CashConventional
Schools
School District
Unknown
Elementary School
Unknown
Middle School
Kelly
High School
Unknown
Listing courtesy of Ian Crist of Bridge Creek Realty (503) 508-0131

The content relating to real estate for sale on this website comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Bridge Creek Realty are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is Copyright © 2026 RMLS™, Portland, Oregon. Some properties which appear for sale on this website may subsequently have sold or may no longer be available.
Last checked 2026-11-08 07:22 AM PST.
All information provided is deemed reliable but is not guaranteed and should be independently verified

The content relating to real estate for sale on this website comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Bridge Creek Realty are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is Copyright © 2026 RMLS™, Portland, Oregon. Some properties which appear for sale on this website may subsequently have sold or may no longer be available.
Last checked 2026-11-08 07:22 AM PST.
All information provided is deemed reliable but is not guaranteed and should be independently verified
Neighborhood & Commute
Source: Walkscore
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