#360729641, Javan Gray, Kyle Gray, Listing Office: Emerald Property Management In
721 W 5th Ave Eugene, OR 97402
Property details
About 721 W 5th Ave
Amazing opportunity to acquire a 4 unit multifamily property, in the heart of the Whiteaker neighborhood. With two units per floor, this property also features a full basement with it's own exterior entry. Leading down the basement stairs reveals a common area with a community washer & dryer, and a separate 2 bedroom apartment with a full bathroom and kitchen. This property has been well maintained throughout the years and boasts vinyl windows, updated plumbing & electrical, including 5 brand new electrical panels installed in September of 2024. Each unit has its own meter and water heater, with a separate water heater for the laundry and down stairs apartment. Property is vacant with estimated rents to be $1,150 per unit
Highlights
Summary
- Basement: Yes
- Flooring Type: Hardwood
- Attached Garage: No
- Parking: Street Parking
- Heating: Baseboard, Zoned
- Cooling: None
- List Price: $650,000
- Price/SqFt: $188
- Annual Tax Amount: $4,184
- Tax Year: 2023
- Lot: Level
- Directions: 721 W 5th between Madison & Monroe
- Year Built: 1910
- Stories: 2
- Living Area: 3,453 SqFt
- Lot Size: 0.12 Acres
- MLS Number: 24640649
- MLS Name: Regional Multiple Listing Service, Inc.
- Office Name: Keller Williams Realty Eugene and Springfield
- Office Phone: (541) 521-1492
- Listing Agent: Benjamin Mondragon
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Last updated on: 5/18/2025, 2:20:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$650,000
721 W 5th Ave
$7,719
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $210,363 | $4,184 |
2022 | $204,236 | $4,022 |
2021 | $198,288 | $3,778 |
2020 | $192,513 | $3,791 |
2018 | $181,463 | $3,447 |
2017 | $176,178 | $3,292 |
History based on county public records data.
Nearby schools
2
César E. Chávez Elementary School
Public District KG-5
1.0 mi
•1510 W 14th Ave
6
Willagillespie Elementary School
Public District KG-5
1.2 mi
•1125 Willagillespie Rd
7
Adams Elementary School
Public District KG-5
1.4 mi
•950 W 22nd Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $25,529. The most common annual income of people living in Eugene, OR is less than $<35k. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.
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Frequently asked questions
About 721 W 5th Ave
The listing price of 721 W 5th Ave property is $650,000.
The property 721 W 5th Ave is a house located in Eugene, Oregon, 97402.
Active Listing: 721 W 5th Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 721 W 5th Ave are: César E. Chávez Elementary School (GreatSchools Rating 2/10), Willagillespie Elementary School (GreatSchools Rating 6/10), Adams Elementary School (GreatSchools Rating 7/10), Arts & Technology Academy (GreatSchools Rating 5/10), Roosevelt Middle School (GreatSchools Rating 7/10), Monroe Middle School (GreatSchools Rating 5/10), Eugene Education Options (GreatSchools Rating 1/10), South Eugene High School (GreatSchools Rating 7/10), Network Charter School (GreatSchools Rating 2/10).
According to the records, the last property tax for 2023 is $4,184 (source: MLS/based on county public records data).
The property at 721 W 5th Ave has 0 bathroom.
The property 721 W 5th Ave is 3,453 SqFt (source: MLS/tax record).
The year of construction for 721 W 5th Ave is 1910.
This home is located at 721 W 5th Ave in Eugene, OR and zip code 97402 in the Whiteaker neighborhood. This 3,453 square foot home, which was built in 1910, sits on a 0.12 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since October 2, 2024 and is currently priced at $650,000.
In April 2025, from all listings sold in Eugene, OR there were more than 50 sold above asking price, over 45 sold below and more than 34 were sold right at the asked price. Between March and April 2025, Eugene, OR real estate market has seen increase in the number of listings by 13.4%. The median list price of listings available in April 2025 was $488,333, while the average time on the real estate market was 44 days.