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Additional details
Listed by Windermere RE Lane County • 541-912-4140
$599,000
Est. payment /mo
2,358 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,358 sqft
Price per Sqft $254
Subdivision Jefferson Westside Neighbors
MLS Listing ID 178796018
HOA Y/N No
Year Built 1915
Annual Tax Amount $3,968
Tax Year 2025
Property Description
Fantastic opportunity for owner-investors or seasoned investors. This property features two updated 2-bed/1-bath units, each with its own washer/dryer, in a highly desirable location boasting an 80 Walk Score and 100 Bike Score. Two addresses (1259 and 1261) and two meters for utilities. Just one mile from the University of Oregon and near the Lane County Historical Museum and Lane Events Center. The front home offers 954 sq ft of living space, partially furnished, with new heat pump & ductless mini-splits, plus new roof in 2023. There is an additional 524 sq ft of unfinished area with potential for future expansion or an additional rental. The back home provides 880 sq ft and a reliable long-term tenant. The property includes a detached one-car garage, great neighbors, and strong income-generation potential which make this a standout investment in an exceptionally convenient location. Do not disturb tenant in back house.
Location
State OR
County Lane
Community Laundry
Area _245
Zoning S-JW
Interior
Heating Ductless, Heat Pump, Wall Heater
Cooling Heat Pump
Exterior
Garage Spaces 1.0
Community Features Laundry
Roof Type Composition
Garage No
Building
Lot Description Level, Public Road
Story 2
Foundation Block
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 Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
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Nearby School & Business
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