MLS# 24137131 – 5610 Cody Ave, Eugene, OR 97402 – John Wesley McPherson, Jr., The Portland Team

Listing courtesy of Rhettro Real Estate LLC.

Property Description

Description

2 Units

Status: Pending

Year Built: 1972

Days on Website: 17

Ideal for either owner occupancy or investment purposes, this duplex presents a prime opportunity. The 5611 side, currently vacant, boasts two new Ductless mini splits for enhanced comfort. Meanwhile, the other unit is currently rented for $1,600, with a tenant eager to continue. Enjoy the benefits of a newer roof and a spacious corner lot. Both units are well-maintained, featuring garages and ample yard space with sizable sheds.

Property Details and Features

Taxes

Annual Amount:

$3,309

Legal Description

Tax Year:

2023

Property Access

Road Surface Type:

Concrete,Paved

Building

Built in 1972

Stories:

Unit Type Type:

UnitTypeType1,UnitTypeType2

Cooling

Cooling:

MiniSplit

Exterior Features

Exterior Description:

T111Siding

Heating

Heating Available

Heating:

Ceiling,Ductless,MiniSplit

Income

CAP Rate:

4.09

Gross Income:

$19,200

Gross Rent Multiplier:

24.48

Net Operating Income:

$19,200

Listing

Contract Status Change Date:

2024-04-28

Cumulative Days On Market:

Days On Market:

Last Transaction Date:

2024-04-28 14:18:43

List Price:

$470,000

Listing Contract Date:

2024-04-15

Listing Id:

24137131

Mls Status:

Pending

Modification Timestamp:

2024-04-28 14:18:43

Off Market Date:

2024-04-28

On Market Date:

2024-04-15

Purchase Contract Date:

2024-04-28

Rent Includes:

None

Standard Status:

Pending

Location

MLS Area Major:

_246

County Or Parish:

Lane

Lot

Features:

CornerLot

Size Acres:

0.23

Size Range:

SqFt10000to14999

Size Square Feet:

10,018

Size:

10,000 to 14,999 SqFt

Miscellaneous

Investor Information:

AccordingToOwner

Parking

Features:

Garage

4 total parking spots

Possession

Possession:

CloseOfEscrow

Property

Number Of Units Total:

Property Condition:

UpdatedRemodeled

Zoning:

Roof

Roof:

Shingle

Schools

High School:

Willamette

Middle Or Junior School:

Meadow View

Elementary School:

Meadow View

Sewer

Sewer:

PublicSewer

Unit One

Actual Rent:

$1,600

Area:

805

Features:

WasherDryerHookup

Units Total:

1 total bathroom

2 total bedroom

Unit Two

Actual Rent:

Area:

805

Features:

AirConditioning

Units Total:

1 total bathroom

2 total bedroom

Utilities

Fuel Description:

Electricity

Hot Water Description:

Electricity

Water Source:

PublicWater

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Contact an Agent

John Wesley McPherson, Jr., CFA

503406-1776 Email Me

Location

$470,000 -

5610 Cody Ave Eugene , OR 97402

MLS Area Major: _246

Street View

Nearby Schools

Recent Sales in the Area

This content last updated on May 2, 2024 8:49AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.