Amazing opportunity to acquire a 4 unit multifamily property, in the heart of the Whiteaker neighborhood. With two units per floor, this property also features a full basement with it's own exterior entry. Leading down the basement stairs reveals a common area with a community washer & dryer, and a separate 2 bedroom apartment with a full bathroom and kitchen. This property has been well maintained throughout the years and boasts vinyl windows, updated plumbing & electrical, including 5 brand new electrical panels installed in September of 2024. Each unit has its own meter and water heater, with a separate water heater for the laundry and down stairs apartment. Property is vacant with estimated rents to be $1,150 per unit
Sold
$475,000
721 W 5th Ave, Eugene, OR 97402
4beds
3,453sqft
Multi Family
Built in 1910
-- sqft lot
$634,100 Zestimate®
$138/sqft
$1,975 Estimated rent
Home value
$634,100
$564,000 - $710,000
$1,975/mo
Zestimate® history
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List your homeWhat's special
Full basementVinyl windows
Zillow last checked:
Listing updated:
Listed by:
Benjamin Mondragon 541-521-1492,
Keller Williams Realty Eugene and Springfield
Bought with:
Clark Caswell, 201229678
ICON Real Estate Group
Source: RMLS (OR),MLS#: 24640649
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Baseboard, Zoned
Cooling
- None
Appliances
- Included: Range, Refrigerator, Electric Water Heater
- Laundry: Common Area
Features
- Storage
- Flooring: Hardwood
- Basement: Exterior Entry,Partially Finished,Separate Living Quarters Apartment Aux Living Unit,Storage Space
Interior area
- Total structure area: 3,453
- Total interior livable area: 3,453 sqft
Property
Parking
- Parking features: Off Street, On Street
- Has uncovered spaces: Yes
Features
- Stories: 2
Lot
- Size: 5,227 sqft
- Features: Level, SqFt 5000 to 6999
Details
- Parcel number: 0265239
- Zoning: R-3
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Siding
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Updated/Remodeled
- Year built: 1910
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Commons, Laundry
Location
- Region: Eugene
- Subdivision: Whiteaker
Other
Other facts
- Listing terms: Cash,Conventional
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 7/2/2025 | Sold | $475,000-26.9%$138/sqft |
Source:  RMLS (OR) #24640649 Report a problem | ||
| 5/23/2025 | Pending sale | $650,000$188/sqft |
Source: RMLS (OR) #24640649 Report a problem | ||
| 5/7/2025 | Price change | $650,000-3.7%$188/sqft |
Source: RMLS (OR) #24640649 Report a problem | ||
| 3/20/2025 | Price change | $675,000-2.9%$195/sqft |
Source: RMLS (OR) #24640649 Report a problem | ||
| 1/17/2025 | Price change | $695,000-4.1%$201/sqft |
Source: RMLS (OR) #24640649 Report a problem | ||
| 11/25/2024 | Price change | $724,900-4%$210/sqft |
Source: RMLS (OR) #24640649 Report a problem | ||
| 10/14/2024 | Listed for sale | $755,000$219/sqft |
Source: RMLS (OR) #24640649 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,348 +1.3% | $223,173 +3% |
| 2024 | $4,294 +2.6% | $216,673 +3% |
| 2023 | $4,185 +4% | $210,363 +3% |
| 2022 | $4,023 +6.5% | $204,236 +3% |
| 2021 | $3,779 -0.4% | $198,288 +3% |
| 2020 | $3,792 +3.5% | $192,513 +3% |
| 2019 | $3,662 +6.2% | $186,906 +3% |
| 2018 | $3,447 | $181,463 +3% |
| 2017 | $3,447 +4.7% | $176,178 +11.4% |
| 2016 | $3,293 +10.9% | $158,101 +3% |
| 2015 | $2,968 +3% | $153,496 +3% |
| 2014 | $2,883 +4.9% | $149,025 +3% |
| 2013 | $2,748 +10.7% | $144,684 +3% |
| 2012 | $2,483 | $140,470 +3% |
| 2011 | -- | $136,379 +3% |
| 2010 | -- | $132,407 +3% |
| 2009 | -- | $128,550 +3% |
| 2008 | -- | $124,806 +3% |
| 2007 | -- | $121,171 +3% |
| 2006 | -- | $117,642 +3% |
| 2005 | -- | $114,216 +3% |
| 2004 | -- | $110,889 +3% |
| 2003 | -- | $107,659 +3% |
| 2002 | -- | $104,523 +3% |
| 2001 | -- | $101,479 +3% |
| 2000 | -- | $98,523 |
Find assessor info on the county website
Neighborhood: Whiteaker
Nearby schools
GreatSchools rating
- 7/10River Road/El Camino Del Rio Elementary SchoolGrades: K-5Distance: 1.9 mi
- 6/10Kelly Middle SchoolGrades: 6-8Distance: 3 mi
- 3/10North Eugene High SchoolGrades: 9-12Distance: 3.1 mi
Schools provided by the listing agent
- Elementary: River Road
- Middle: Kelly
- High: North Eugene
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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$634,100
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$646,782
- Oregon
- Lane County
- Eugene
- 97402
- Whiteaker
- 721 W 5th Ave
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