The West Eugene Multifamily Portfolio offers 42 residential units plus an office/storage space across four centrally located Eugene properties. The portfolio includes 10 buildings totaling approximately 22,212 square feet and a diversified unit mix of 12 studios/SROs, 22 one-bedroom units, seven two-bedroom units, and one three-bedroom single-family residence. All four properties provide off-street parking, with 32 total spaces, and multiple locations include on-site laundry.The portfolio combines vintage character with meaningful capital improvements, including newer roofing and siding at select properties, along with interior renovations completed as units have turned. Current scheduled NOI is approximately $275,335, providing a 7.34% cap rate at the asking price, with additional upside available through continued rent growth, unit renovations, and operational improvements.
Active
$3,750,000
1546 Willamette St, Eugene, OR 97401
43beds
21,597sqft
Multi Family
Built in 1945
-- sqft lot
$-- Zestimate®
$174/sqft
$-- HOA
What's special
- 18 days
- 679
- 22
Zillow last checked:
Listing updated:
Listed by:
Ian Crist 503-508-0131,
Bridge Creek Realty
Source: RMLS (OR),MLS#: 601208080
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 43
- Bathrooms: 42
- Full bathrooms: 42
Heating
- Baseboard
Appliances
- Included: Electric Water Heater
Interior area
- Total structure area: 21,597
- Total interior livable area: 21,597 sqft
Property
Features
- Stories: 3
Lot
- Size: 6,534 Square Feet
- Features: SqFt 5000 to 6999
Details
- Parcel number: 0278232
- Zoning: R7
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Lap Siding, Wood Siding
Condition
- Year built: 1945
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Green energy
- Energy generation: Solar Off Grid
Community & HOA
Location
- Region: Eugene
Financial & listing details
- Price per square foot: $174/sqft
- Tax assessed value: $332,001
- Annual tax amount: $2,403
- Date on market: 9/2/2026
- Listing terms: Cash,Conventional
- Total actual rent: 37721
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/2/2026 | Listed for sale | $3,750,000$174/sqft |
Source:  RMLS (OR) #601208080 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,403 +1.3% | $123,337 +3% |
| 2024 | $2,373 +2.6% | $119,745 +3% |
| 2023 | $2,313 +4% | $116,258 +3% |
| 2022 | $2,223 +6.5% | $112,872 +3% |
| 2021 | $2,088 -0.4% | $109,585 +3% |
| 2020 | $2,096 +3.5% | $106,394 +3% |
| 2019 | $2,024 +6.2% | $103,296 +3% |
| 2018 | $1,905 | $100,288 +3% |
| 2017 | $1,905 +4.7% | $97,367 +3% |
| 2016 | $1,820 +2.5% | $94,531 +3% |
| 2015 | $1,775 +3% | $91,778 +3% |
| 2014 | $1,724 +4.9% | $89,105 +3% |
| 2013 | $1,643 +8.7% | $86,510 +3% |
| 2012 | $1,511 | $83,990 +3% |
| 2011 | -- | $81,544 +3% |
| 2010 | -- | $79,169 +3% |
| 2009 | -- | $76,863 +3% |
| 2008 | -- | $74,624 +3% |
| 2007 | -- | $72,450 +3% |
| 2006 | -- | $70,340 +3% |
| 2005 | -- | $68,291 +3% |
| 2004 | -- | $66,302 +3% |
| 2003 | -- | $64,371 +3% |
| 2002 | -- | $62,496 +3% |
| 2001 | -- | $60,676 +3% |
| 2000 | -- | $58,909 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Jefferson Westside
Nearby schools
Schools provided by the listing agent
- Elementary: Adams
- Middle: Roosevelt
- High: South Eugene
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
