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$525,000

6 Beds 4 Baths 2,268 SQFT 0.23 Acres
Type: Multi-Family

154 NORMAN AVE
Eugene, OR 97404

MLS#: 221976510
Katelyn Swarringim
Katelyn Swarringim
Premiere Property Group
Broker
Phone: 541.852.1887
Office: 541.248.5477
Presented by: ICON Real Estate Group - ICON@TheICONREGroup.com

Property Description

 

Turnkey duplex investment on a large lot with separate fenced backyards!Unit 156 (1,500 SF) offers 4 bedrooms, 1.5 baths, and a remodeled kitchen in 2016 with long-term tenants in place for stable income.Unit 154 (768 SF) features 2 bedrooms, 1.5 baths, granite countertops, upscale appliances, convection oven, and includes washer and dryer. Completely remodeled in 2017.Both units have forced air heating, washer/dryer hookups, attached garages, and private yards.Fully occupied and ideally located near River Road, public transit, schools, and shopping, ready to generate income from day one!


 

Interior Features

Bedrooms

Unit 1 Beds Total4
Unit 2 Beds Total2

Bathrooms

Unit 1 Baths Total2
Unit 2 Baths Total2

Other Interior Features

UnitType1ActualRent1775
UnitType1FeaturesDishwasher, Range, Refrigerator, WasherDryerHookup
UnitType1UnitsTotal1
UnitType2ActualRent1600
UnitType2FeaturesDishwasher, Range, Refrigerator, WasherDryer
UnitType2UnitsTotal1
FuelDescriptionElectricity, Gas
BasementCrawlSpace
Hot WaterGas
StorageGarage
Unit TypeUnitTypeType1, UnitTypeType2

General

Accessory Dwelling Unit Y/NN
AttributionContactICON@TheICONREGroup.com
CityEugene
CoolingNone
CountyLane
DirectionsRiver Rd to Rosewood Ave, Right onto Norman Ave.
DisclosuresDisclosure
Elementary SchoolHoward
Garage Spaces2.0
Gross Income40500.0
HOANo
HeatingForcedAir
High SchoolNorth Eugene
Legal DescriptionTL 00324
Listing TermsCash, Conventional, FHA, VALoan
Lot Size Square Feet10,018 sqft
MLS Area_247
Middle/Junior High SchoolKelly
Net Operating Income30580.0
Number Of Units Total2
Operating Expense8120.0
Parcel Number378,065
Property ConditionUpdatedRemodeled
Property TypeMultiFamily
Rent IncludesSewer, Water
RoofComposition, Membrane
SewerPublicSewer
Standard StatusActive
StatusActive
Stories Count2
Subdivision NameRIVER ROAD COMMUNITY ORG
Tax Annual Amount$5,358
Tax Year2025
Year Built1968
ZoningR-1, UL

Exterior

Building Area Total2,268 sqft
Exterior DescriptionT111Siding
Foundation DetailsConcretePerimeter
Lot FeaturesLevel
Lot Size Acres0.23
Parking FeaturesDriveway, OnStreet
Road Surface TypePaved
Total Parking2.0
Water SourcePublicWater

Additional Details

Price History

Schools 

High School North Eugene High School
Elementary School Howard Elementary School
Middle School Kelly Middle School

  

Similar Properties

$525,000

6 Beds 4 Baths 2,268 SQFT 0.23 Acres
Type: Multi-Family

154 NORMAN AVE
Eugene, OR 97404

MLS#: 221976510
Katelyn Swarringim
Katelyn Swarringim
Premiere Property Group
Broker
Phone: 541.852.1887
Office: 541.248.5477