10 unit "quint" building just blocks to the heart of campus- 5 studios per floor with in suite bath sharing common kitchens of the 2 story building. To be clear, the building has 10 studios with 10 baths and 2 kitchens, one on each floor. Very stable rental history and most units leased at $850/unit. One unit turning over at the time of listing and is on the market for $900 with significant showing activity. Building as achieved rents of $900/unit previously. Building has new flooring through out the units ( within the last 18 months), new exterior paint, parking lot resurface and roof appears to be about halfway through its lifespan.This pedestrian to campus location has broad appeal to the student population, but in practice, about half the current tenants are non-students reflecting the desirability of this product type to many potential tenants.
Room Features
Basement DescriptionCrawl Space
Lot & Building Features
HeatingWall Heater
Parking DescriptionOff Street, Open
SewerPublic Sewer
WaterPublic Water
Water HeaterElectricity
Community and Schools
Elementary SchoolEdison
Junior High SchoolRoosevelt
Senior High SchoolSouth Eugene
Unit Features
Unit Type 1 Actual Rent850
Unit Type 1 Area300
Unit Type 1 Baths Total1
Unit Type 1 Beds Total1
Unit Type 1 FeaturesDeck, Refrigerator
Unit Type 1 Units Total8
Unit Type 2 Actual Rent900
Unit Type 2 Area300
Unit Type 2 Baths Total1
Unit Type 2 Beds Total1
Unit Type 2 FeaturesDeck, Refrigerator
Unit Type 2 Units Total1
Unit Type 3 Actual Rent800
Unit Type 3 Area300
Unit Type 3 Baths Total1
Unit Type 3 Beds Total1
Unit Type 3 FeaturesRefrigerator
Unit Type 3 Units Total1
Price History of 1640 MILL ST, Eugene, OR
Date
Name
Price
Difference
04/25/2024
Listing Price
$1,175,000
N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.
1640 MILL ST (MLS #24333093) is a multi-family listing located in Eugene, OR.
This multi-family listing is 3,184 sqft and on a lot of 4,791 sqft (or 0.11 acres) and is 50 years old. This property was listed on 04/25/2024 and has been priced for sale at $1,175,000.
Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.
All information provided is deemed reliable but is not guaranteed and should be independently verified.
Listing information courtesy of: Evans, Elder, Brown & Seubert
