Listed by Sixel Real Estate
$750,000
490 W 4th Ave and 427 Washington
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 3,900
Units 5
Occupancy 100%
Pro-Forma Cap Rate 8%
Pro-Forma NOI $60,000
Class C
Stories 4
Acreage 0.180
Parking Spaces 3 spaces
Parking Per SqFt 0.77
Unique Downtown Eugene Property Ready For Development
Marketing description
20 Unit Apartment Scheme 4 Stories.
Unique Downtown Eugene Property Ready For Development
Nearby coffee shops, restaurants and popular food trucks
Easy access to public transportation (bus and train)
Minutes from the University of Oregon
Investment highlights
Can be added to or torn down to make 16-30 units.
Listing Contacts
Listed by Sixel Real Estate
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Zoning
PL SpecialPublic Land
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View all 55 uses Last updated May 9, 2026 For deeper zoning details, reports are available at Zoneomics
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