321 Mill St #5, Eugene, OR 97401
Property image
Property image
FOR SALE
3D VIEW

$565,000

  • 1 Bed
  • 2 Baths
  • 1,350 sqft

321 Mill St #5, Eugene, OR 97401

Downtown

Home Highlights

Condo
Built in 2006
$419/sqft
Garage
HOA $656/mo

Local Information

  • Map ViewExplore the area around 321 Mill St #5.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

Introducing the WaterShed Condos – A Landmark of Vision and Craftsmanship in Eugene. Born from a deep love of community and inspired by the charm of Europe’s backstreets and the vibrancy of Mexican plazas, the WaterShed was designed to bring that same spirit of place and connection to Eugene’s North of Fourth (NoFo) neighborhood.This one-of-a-kind mixed-use building was crafted with longevity, sustainability, and beauty in mind. Its structure is built with aerated autoclaved concrete—an advanced European material that insulates, soundproofs, and regulates temperature naturally. A stainless steel roof, triple-paned and operable windows ensure quiet comfort, energy efficiency, and fresh air year-round.15,000 gallon rainwater cisterns supply water for laundry, landscaping, and toilets for most of the year, and the landscape is thoughtfully planted with native, low-water flora. With natural finishes, no PVC or natural gas, and exposed utilities for easy maintenance, every detail has been considered.The WaterShed’s classic lines echo timeless architecture, creating a building that feels rooted in history but built for modern life. Located next to Coldfire Brewing’s taproom and restaurant, and part of the revitalized NoFo community, it’s a space meant to be explored—and remembered. Passersby often double back to say, “Wait a minute, what’s that?” Welcome to the WaterShed.~~~~~~~~~~~~~~~~~~~~Unit 5 features a mid-level entry, looking over the main floor living/dining/kitchen "great room" with triple pane wood windows, city views, high-end stainless appliances and ample counter space and storage. A spacious half bath completes this level. Upstairs you'll find the vaulted, light-filled bedroom with en-suite bath featuring separate tub and shower, laundry, and a spacious balcony with southerly views of the Willamette River, Eugene skyline, and Spencer Butte.
Last check for updates: about 14 hours ago
Listing courtesy of Bobby Stevens, (541) 225-8081
You're Home Real Estate Inc
Source: RMLS (OR), MLS#402681427

Home Details for 321 Mill St #5

Active Status

MLS Status: Active

Interior Features

Interior Details
Number of Rooms: 5Types of Rooms: Master Bedroom, Master Bathroom, Dining Room, Kitchen, Living Room
Beds & Baths
Number of Bedrooms: 1Number of Bathrooms: 2Number of Bathrooms (full): 1Number of Bathrooms (partial): 1Number of Bathrooms (main level): 1
Dimensions and Layout
Living Area: 1350 Square Feet
Appliances & Utilities
Appliances: Built In Oven, Cooktop, Dishwasher, ENERGY STAR Qualified Appliances, Free-Standing Refrigerator, Range Hood, Washer/Dryer, Electric Water HeaterDishwasherLaundry: Laundry Room
Heating & Cooling
Heating: Heat Exchanger,Other,Heat Recovery VentilatorNo CoolingHas HeatingHeating Fuel: Heat Exchanger
Windows, Doors, Floors & Walls
Window: Triple Pane Windows, Wood FramesFlooring: Concrete, Hardwood
Levels, Entrance, & Accessibility
Stories: 2Number of Stories: 4Entry Location: Upper FloorFloors: Concrete, Hardwood
View
Has a ViewView: City, Mountain(s), Trees/Woods
Security
Security: Entry, Fire Sprinkler System, Security Gate, Security System

Exterior Features

Exterior Home Features
Roof: MetalExterior: Rain Barrel/Cistern(s), Water Feature
Parking & Garage
No CarportNo GarageNo Attached GarageParking: Off Street,Condo Garage (Undeeded)
Frontage
Road Surface Type: Paved
Water & Sewer
Sewer: Public Sewer

Days on Market

Days on Market: 180+

Property Information

Year Built
Year Built: 2006
Property Type / Style
Property Type: ResidentialProperty Subtype: Residential, Condominium
Building
Construction Materials: Metal Siding, StuccoNot a New ConstructionNot Attached Property
Property Information
Condition: ResaleParcel Number: 1918221

Price & Status

Price
List Price: $565,000Price Per Sqft: $419

Location

Direction & Address
City: Eugene
School Information
Elementary School: EdisonJr High / Middle School: RooseveltHigh School: South Eugene

Agent Information

Listing Agent
Listing ID: 402681427

Building

Building Area
Building Area: 1350 Square Feet

Community

Not Senior CommunityUnits in Building: 5

HOA

Has an HOAHOA Fee: $656/Monthly

Offer

Listing Terms: Cash, Conventional

Miscellaneous

Mls Number: 402681427Attribution Contact: 541-225-8081

Additional Information

HOA Amenities: All Landscaping, Commons, Exterior Maintenance, Gated, Heat, Sewer, Trash, Water

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Downtown

At least 11 Trulia users voted on each feature.
  • 100 % Say it's dog friendly

  • 94 % Say there are sidewalks

  • 85 % Say car is needed

  • 79 % Say yards are well-kept

  • 76 % Say people would walk alone at night

  • 69 % Say it's walkable to restaurants

  • 67 % Say it's walkable to grocery stores

  • 64 % Say there's holiday spirit

  • 63 % Say it's quiet

  • 61 % Say streets are well-lit

  • 55 % Say they plan to stay for at least 5 years

  • 54 % Say parking is easy

  • 52 % Say neighbors are friendly

  • 42 % Say there are community events

  • 38 % Say kids play outside

  • 33 % Say there's wildlife

Sourced by Trulia users. Learn more about our methodology.
  • Linda C.
    "It has unfettered access to everything in downtown and it is a very walkable city. The neighbors are fantastic as well!"
  • Linda C.
    "Located very close to Alton Baker playgrounds and dog parks. Close to the river path as wells market district shopping and entertainment. "
  • Richard L.
    "Loud train horns 24/7 30 times daily Close to 5th ST Market, train station, Bolt Bus stop and a few nice restaurants "
  • Richard L.
    "Close to transportation restaurants and shops but the horn blasts 24 hrs a day make life often unbearable "
  • Kaylee S.
    "There are plants on each side of my house which is good for being right downtown. It is so nice, serves as a natural blockade from the street traffic. "
  • Laurengraham07
    "The large homeless population and alleyways that they make their home really set this neighborhood apart. Beware of drug needles while walking barefoot through the park. "
  • danielbuckwalter
    " Safety is the biggest issue here. It's not a good residential area. Too much construction for big-ticket items right now (NW Community Credit Union and soon a new high-rise student housing monster). Also, the chronic homeless have made camps in and around there. Needles and 211 beer cans everywhere. Not good for children, and ALWAYS keep doors locked. "

Market trends in Eugene

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$487K
$3.32K
MoM
Sale-to-List Price
100.0%
Price per sq ft
$313
$2
MoM
Available listings
608
24
MoM

Home Value

Trulia Estimate
$536K
Since last month
Increased$4K (+0.7%)
Since last year
Increased$183K (+51.9%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +52% in the last 10 years
MonthEstimated value
2026
September 2026$536K
August 2026$533K
July 2026$534K
June 2026$536K
May 2026$537K
April 2026$541K
March 2026$555K
February 2026$354K
January 2026$354K
2025

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.62
Condo
$569,000
05/11/26
2
3
1,572
0.75
Condo
$385,000
03/02/26
3
2
1,443
1.00
Condo
$725,000
08/19/26
2
2
1,321
0.91
Condo
$490,000
04/14/26
1
1
827
1.00
Condo
$930,000
12/04/25
2
2
1,627
1.00
Condo
$578,000
09/16/26
1
1
1,055
1.01
Condo
$595,000
11/24/25
1
1
1,055
1.00
Condo
$592,250
10/20/25
1
1
1,017
1.07
Condo
$450,000
09/23/25
2
2
1,131

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.00
$825,000
2
2
1,631
For Sale
0.00
$675,000
1
1
1,322
For Sale
0.00
$775,000
1
1
1,800
For Sale
0.00
$750,000
1
2
1,595
For Sale
0.11
$518,000
2
1
1,024
Off Market
0.11
$706,200
4
2
1,860
Recently Sold
0.14
$819,400
3
2
2,326
Off Market
0.15
$289,700
1
1
496
Off Market
0.16
$273,800
1
1
496
Off Market
0.16
$715,600
3
2
1,720
Off Market
0.17
$510,600
2
1
1,406
Off Market

Price and Tax history

DateEventPrice
Mar 17, 2026
Source: RMLS (OR) #402681427
Listed For Sale
$565,000

LGBTQ Local Legal Protections

Bobby Stevens, You're Home Real Estate Inc
Agent Phone: (541) 225-8081
The 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 brokerage firms other than Zillow, Inc. are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS™, Portland, Oregon. This content last updated on 2026-09-19 01:09:06 PDT. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.

Similar Homes You May Like

Skip to last item
Skip to first item

New Listings near 321 Mill St #5

Skip to last item
Skip to first item

Frequently asked questions about 321 Mill St #5

  • What is the estimated monthly payment for 321 Mill St #5?
    Based on a $565,000 list price with 20% down at today's rates, the estimated monthly payment for 321 Mill St #5 in Eugene, OR is approximately $3,512 (about $3,065 principal & interest, $372 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 321 Mill St #5 compare to homes in Eugene?
    321 Mill St #5 in Eugene, OR is listed at $565,000, about 16% above the $487K median sale price in Eugene.
  • What do residents say about the Downtown neighborhood?
    Residents describe the Downtown neighborhood in Eugene, OR as dog-friendly, pedestrian-friendly, and well-kept. See homes for sale in Downtown, Eugene.
  • What are the closest schools to 321 Mill St #5?
    The closest schools to 321 Mill St #5 in Eugene, OR are Edison Elementary School (rated 8/10), Roosevelt Middle School (rated 6/10), South Eugene High School (rated 8/10).
  • Does 321 Mill St #5 have laundry facilities?
    Yes, 321 Mill St #5 in Eugene, OR has laundry facilities.
  • Is there a virtual tour of 321 Mill St #5?
    Yes, a virtual tour of 321 Mill St #5 in Eugene, OR is available.
321 Mill St #5, Eugene, OR 97401 is a 1 bedroom, 2 bathroom, 1,350 sqft condo built in 2006. 321 Mill St #5 is located in Downtown, Eugene. This property is currently available for sale and was listed by RMLS (OR) on Mar 17, 2026. The MLS # for this home is MLS# 402681427.