851 W 5th Ave
Eugene, OR 97402
Whiteaker- 16 Beds
- 8 Baths
- 5,184 sqft
16 Beds
8 Baths
5,184 sqft
Local Information
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Description
Investor Opportunity! This 8-unit apartment building is only 2 miles from the University of Oregon campus and boasts a 6.13% cap rate on current income. All units are 2-bed/1-bath, 648 sqft. Amenities include on-site laundry, 10 parking spots and shared balconies. Recent upgrades include new exterior paint, new flooring, new cabinets and updated bathrooms in select units. A new owner could recapture $4,800/year by implementing utility bill-backs. Don't miss out on this opportunity!
Home Highlights
Parking
No Info
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
$251
Listed
24 days ago
Last check for updates: about 1 hour ago
Listing courtesy of Ian Crist, (503) 508-0131
Bridge Creek Realty
Source: RMLS (OR), MLS#189796170

Home Details for 851 W 5th Ave
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MLS Status: Active |
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Beds & Baths Number of Bedrooms: 16Number of Bathrooms: 8Number of Bathrooms (full): 8 |
Dimensions and Layout Living Area: 5184 Square Feet |
Heating & Cooling Heating: BaseboardNo CoolingHas HeatingHeating Fuel: Baseboard |
Levels, Entrance, & Accessibility Stories: 2 |
View No View |
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Parking & Garage No Attached Garage |
Water & Sewer Sewer: Public Sewer |
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Days on Market: 24 |
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Year Built Year Built: 1968 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Building Construction Materials: Wood CompositeNot Attached Property |
Property Information Condition: ExistingParcel Number: 0265320 |
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Price List Price: $1,300,000Price Per Sqft: $251 |
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Direction & Address City: Eugene |
School Information Jr High / Middle School: Kelly |
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Listing Agent Listing ID: 189796170 |
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Building Area Building Area: 5184 Square Feet |
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Lot Area: 9583.2 sqft |
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Listing Terms: Cash, Conventional |
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Rent Includes: Maintenance Grounds, Sewer, Trash Collection, Water |
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Mls Number: 189796170 |
Price History for 851 W 5th Ave
| Date | Price | Event | Source |
|---|---|---|---|
| 04/15/2026 | $1,300,000 | Listed For Sale | RMLS (OR) #189796170 |
| 05/26/2025 | $1,375,000 | ListingRemoved | RMLS (OR) #189796170 |
| 03/14/2025 | $1,375,000 | PriceChange | RMLS (OR) #189796170 |
| 01/30/2025 | $1,400,000 | Listed For Sale | RMLS (OR) #189796170 |
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Comparable Sales for 851 W 5th Ave
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.10 | Multi-Family Home | $450,000 | 11/14/25 | 4 | 5 | 2,986 | |
0.10 | Multi-Family Home | $475,000 | 07/02/25 | 4 | 4 | 3,453 | |
0.38 | Multi-Family Home | $515,000 | 07/03/25 | 5 | 3 | 2,999 | |
0.25 | Multi-Family Home | $432,500 | 07/02/25 | 4 | 3 | 1,812 | |
1.17 | Multi-Family Home | $1,375,000 | 12/24/25 | 21 | 10 | 7,992 | |
0.21 | Multi-Family Home | $392,000 | 03/19/26 | 3 | 2 | 1,179 | |
0.61 | Multi-Family Home | $520,750 | 06/10/25 | 6 | 3 | 2,828 | |
0.56 | Multi-Family Home | $369,000 | 07/16/25 | 4 | 3 | 1,700 | |
0.29 | Multi-Family Home | $320,000 | 11/19/25 | 2 | 2 | 960 |
Assigned Schools
These are the assigned schools for 851 W 5th Ave.
What Locals Say about Whiteaker
At least 17 Trulia users voted on each feature.
95 % Say it's dog friendly
88 % Say there are sidewalks
86 % Say it's walkable to restaurants
79 % Say kids play outside
79 % Say there's wildlife
76 % Say there's holiday spirit
75 % Say it's walkable to grocery stores
70 % Say yards are well-kept
67 % Say parking is easy
57 % Say streets are well-lit
55 % Say neighbors are friendly
54 % Say people would walk alone at night
50 % Say there are community events
33 % Say car is needed
32 % Say they plan to stay for at least 5 years
26 % Say it's quiet
Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Ian Crist, Bridge Creek Realty
Agent Phone: (503) 508-0131

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 2026-05-08 17:39:03 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.

