West Eugene Portfolio
$3,750,000
42 Units I 1546 Willamette St, Eugene, Oregon 97401
The Portfolio is a well-located multifamily investment consisting of 42 total units across four properties, primarily situated on the west side of Eugene. The portfolio offers a diverse mix of unit types, vintage construction, and value-add potential, with off-street parking and on-site laundry at several locations.
1546 Willamette Street & 1549 Willamette Alley – Eugene (17 Units + Office): This property includes four buildings and one office space: a two-story building built in 1898 with five one-bedroom units, one studio unit, and an office, totaling 2,308 square feet; a two-story building built in 1945 with five one-bedroom units averaging 440 square feet; a building built in 1957 with one one-bedroom unit and two studio units, totaling 968 square feet; and a 1945 building with three one-bedroom units averaging 450 square feet, along with a small attached garage. Amenities include 10 off-street parking spaces and on-site laundry facilities.
1028 Washington Street & 512 W. 10th Avenue – Eugene (6 Units): This property consists of two buildings totaling six units: a three-story house built in 1910 containing four one-bedroom units and one studio unit, totaling 2,860 square feet; and a two-story structure built in 1946 featuring a two-bedroom/one-bathroom unit on the upper level and a community laundry room and storage space below, totaling 1,287 square feet. The property includes six off-street parking spaces.
1589 W. 11th Alley & 1590 W. 11th Avenue – Eugene (12 Units): This site features two buildings totaling 12 units: a three-story former rooming house built in 1910 containing eight studio-style SRO units with private living/sleeping areas and shared common space and restrooms, totaling 2,696 square feet; and a two-story fourplex built in 1963 consisting of four one-bedroom/one-bathroom units, each averaging 576 square feet. The property offers five off-street parking spaces.
2138–2140 Roosevelt Blvd – Eugene (7 Units): This property includes a six-unit apartment building built in 1978, comprised entirely of two-bedroom/one-bathroom units averaging 862 square feet, along with a three-bedroom/one-bathroom single-family home built in 1930 measuring 1,067 square feet. Amenities include 11 off-street parking spaces and ground-floor laundry facilities.
Property Highlights
42 residential units & one office space across four Eugene properties.
Diverse unit mix including studios, SROs, one- and two-bedroom units, and a single-family residence.
Strong West Eugene locations, with select properties near the University of Oregon.
Off-street parking at all properties, with on-site laundry available at multiple locations.
Attractive value-add opportunity through rent growth, unit renovations, and capturing both workforce and student housing demand.