Listing provided courtesy of Bell Real Estate- MLS# 22016089
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Request Info1281 HWY 99NEugene, OR 97402
Multi-Family · 2.53 Acres$999,000
Active
1281 HWY 99N Overview
- Time on Site:
- 271 days
- Visits:
- 5
Two lots sold together (MLS#22057606)- horseshoe shaped lots around Budget Lodge (not included). Overhead drone photos are from 2022. Lots include large open space for potential additional dwellings - buyer to verify. Large pond with possibility to fill in for additional land space - buyer to verify with city, but city said it was possible in 2022. 5 houses & 1 commercial building. Large 4 bedroom, 2 bath home; two 1 bedroom, 1 bath homes; two 2 bedroom, 1 bath homes; and a vacant commercial building. There was at one time a home between the large house and the smaller homes - utilities should still be there. Homes are rented month-to-month. Last rent for commercial space was $1750. Deferred maintenance in all units. Showing of commercial space by appointment only. Showings of occupied homes only with an accepted offer. DO NOT DISTURB TENANTS. Tax lot ID#'s 0424364 & 0424380
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1281 HWY 99N Facts & Features
- Type Multi-Family
- Lot 2.53 Acres
Details
General
School Information
- Elementary School: Malabon
- Middle Or Junior School: Cascade
- High School: Willamette
Income/Expenses
- Gross Income: 57890.0
- Net Operating Income: 39912.0
- Operating Expense: 25802.0
Building Information
- Year Built: 1946
Location/Region
- Country: US
- County Or Parish: Lane
- MLS Area Major: 246 - Lane Co: Danebo
Rent/Lease Information
- Rent Includes: Sewer,Trash Collection,Water
Tax Information
- Tax Annual Amount: 8027.0
- Tax Year: 2025
General Information
- Disclosures: Disclosure
- Listing Terms: Cash,Other,Rehab
- Parcel Number: 0424364
- Property Condition: Fixer
- Property Type: Multi Family
- Zoning: C-2
Interior
General Information
- Basement: Crawl Space,None
- Foundation Details: Concrete Perimeter,Slab
- Heating: Baseboard,Wall Heater
- Stories: 2
Exterior
Parking Information
- Parking Features: Garage,Open
Lot Information
- Lot Features: Level,Pond,Trees,Wooded
- Lot Size Acres: 2.53
- Lot Size Square Feet: 110206.0
- Road Surface Type: Gravel,Paved
- Water Source: Public Water
Waterfront/View
- Waterfront Features: Other
Building Exterior/Construction
- Roof: Composition,Membrane
General Information
- Number Of Units Total: 6
- Sewer: Public Sewer
1281 HWY 99N Neighborhood
Community
97402 (Eugene) Demographics
37
Median Age
695
Population Density (per sq. mile)
34%
College Educated
$46,504
Estimated Median Income
10,344
Estimated Total Home Owners
11,438
Estimated Total Renters
47% / 53%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.1281 HWY 99N Monthly Cost
1281 HWY 99N Market Data
Based on the last 30 days in this zip code
$420,543
Average List Price
$264
Average Price per Square Foot
52
Properties Sold
87
Average Days on Market
215
Properties for Sale
1281 HWY 99N History
| Date | Value | Agent |
|---|---|---|
| 11/13/2025Source: Regional MLS | Active |
|
| 10/23/2025Source: Regional MLS | Pending |
|
| 10/1/2025Source: Regional MLS | October 01, 2025 |