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721 W 5th Ave, Eugene, OR, 97402

$755,000

Home List Price

$8,966*

Closing Credit

0 Baths
3,453 SqFt
$219/SqFt
House

Location

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721 W 5th Ave, Eugene$755,000

Buyer Closing Credits

$8,966*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingStreet Parking
Year Built1910
HeatingBaseboard, Zoned
CoolingNone
BasementYes
MLS #24640649
Lot Size0.12 Acres
StatusActive

About 721 W 5th Ave

Amazing opportunity to acquire a 4 unit apartment in the heart of the Whiteaker neighborhood. This property is being sold in conjunction with 737 & 739 W 5th, directly next door to the west, MLS #24415328. 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 un-permitted 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. All rents are drastically below market, as the sellers have rarely raised rents throughout the years and all tenants are long term residents. Physical inspection of property with an accepted offer.

Property Details

Property Features

Property Information:

  • Year Built: 1910
  • Stories: 2
  • Living Area: 3,453 SqFt

Listing Office:

  • Office Name: Keller Williams Realty Eugene and Springfield
  • Office Phone: (541) 521-1492
  • Listing Agent: Benjamin Mondragon

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Hardwood

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Street Parking

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Zoned
  • Cooling: None

Other

Directions Information:

  • Directions: 721 W 5th between Madison & Monroe

Price Information

Listing Price Info

Price Summary:

  • List Price: $755,000
  • Price Per SqFt: $219/SqFt

Tax Information:

  • Annual Amount: $3,792
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Eugene, OR.

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Eugene, OR

City

Med. Sold Price

$478.9K

Med. Price/SqFt

$301

Avg. Days On Market

38

# of Sold Homes

131

721 W 5th Ave vs Eugene

46 DAYS ON ROCKET

+8 Days

$755,000

+$276K More

$219/SqFt

-$83 Less

KEY TAKEAWAY

This property is $276K more than the Median Sold Price and $83/SqFt less than other homes in Eugene, OR.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Regional Multiple Listing Service, Inc.
  • MLS Number: #24640649

Listing Office:

  • Office Name: Keller Williams Realty Eugene and Springfield
  • Office Phone: (541) 521-1492
  • Listing Agent: Benjamin Mondragon

IDXThe content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 6:20:58 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$3,792$192,513
2018$3,447$181,463
2017$3,293$176,178

History based on county public records data.

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$3,836

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,330

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-363611
2
/10

  • César E. Chávez Elementary School

  • 1510 W 14th Ave

  • 0.99 miles

  • Public District Grades KG-5

school-card-donut-363612
6
/10

  • Willagillespie Elementary School

  • 1125 Willagillespie Rd

  • 1.16 miles

  • Public District Grades KG-5

school-card-donut-363613
7
/10

  • Adams Elementary School

  • 950 W 22nd Ave

  • 1.37 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $25,529. Most Eugene, OR residents have annual incomes less than $35k. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 721 W 5th Ave

What is the listing price of this property?

The listing price of 721 W 5th Ave property is $755,000.

What type of property is this?

The property 721 W 5th Ave is a house located in Eugene, Oregon, 97402.

Is this property for sale now?

Active Listing: 721 W 5th Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,792 (source: MLS/based on county public records data).

What is the square footage of this property?

The property 721 W 5th Ave is 3,453 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 721 W 5th Ave is 1910.

Rocket Homes›Oregon›Lane County›Eugene›97402›721 W 5th Ave

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. It has been listed on Rocket Homes since October 02, 2024 and is currently priced at $755,000.

Eugene, OR housing market in October 2024 saw over 42 listings sold above listed price, more than 38 sold at listed price and over 51 sold below. The number of listings in Eugene, OR increased by 1% between September 2024 and October 2024. In October 2024 median list price was $478,906 and the average listing age was 38 days.

From Rocket Homes Real Estate and based on county public records data.

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