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Altura Real Estate

admin@alturaoregon.com +1(541) 246-8677

Listed by Grand Real Estate • robert@grandrei.com

$799,000

Est. payment - /mo

2,166 SqFt

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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,166 sqft

Price per Sqft $368

MLS Listing ID 318653473

Year Built 1910

Annual Tax Amount $3,266

Tax Year 2025

Lot Size 6,098 Sqft

Property Description

Phenomenal turnkey investment opportunity in the heart of downtown Eugene! Discover the ultimate best of both worlds property featuring three completely updated units that seamlessly blend steady, long-term rental income with high-yield short-term rental potential. Located just steps from downtown amenities, restaurants, and shopping, this versatile property is a dream for savvy investors or owner-occupants looking for a premier house-hack.The main house at 560 W. 13th Ave is a charming 2-bedroom, 1-bathroom unit currently generating steady, reliable income at $1,895 per month on a 1-year lease. Tucked away behind are the back units at 1310 and 1320 Washington Alley, which are perfectly set up and optimized as short-term rentals. The first alley unit is a 2-bedroom, 1-bathroom space featuring a high-efficiency ductless mini-split and has the potential to generate $3,000 to $3,500 per month. The second alley unit is a bright 1-bedroom, 1-bathroom space with a projected earning potential of $2,000 to $2,500 per month.Capital expenses have already been taken care of with brand-new roofs, new exterior paint, and new gutters across all units. Inside, every unit boasts updated, freshly painted interiors, making them entirely rent-ready from day one. This property also includes 4 rare, dedicated off-street parking spots, which is a massive premium for the downtown area. As an added bonus, the seller is willing to sell the units furnished via a separate bill of sale, allowing you to walk into a fully operational short-term rental business. Don't miss out on this rare chance to own a high-performing, low-maintenance portfolio piece in a prime, high-demand location.

Location

State OR

County Lane

Area _244

Zoning RES

Interior

Heating Baseboard, Ductless

Cooling Mini Split

Exterior

Roof Type Composition

Garage No

Building

Lot Description Flag Lot, Flood Zone, Level

Story 2

Foundation Slab, Stem Wall

Sewer Public Sewer

Water Public Water

Level or Stories 2

Schools

Elementary Schools Cesar Chavez

Middle Schools Arts & Tech

High Schools Churchill

Others

Acceptable Financing Conventional, FHA, VALoan

Listing Terms Conventional, FHA, VALoan

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Altura Real Estate

+1(541) 246-8677

Owner/Admin | License ID: 201264063

Owner/Admin License ID: 201264063

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1310 WASHINGTON ALY Eugene, OR 97401

Altura Real Estate

Key Details

Location

Interior

Exterior

Building

Schools

Others

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1310 WASHINGTON ALY