851 W  5th Ave, Eugene, OR 97402
FOR SALE

851 W 5th Ave
Eugene, OR 97402

Whiteaker
  • 16 Beds
  • 8 Baths
  • 5,184 sqft

$1,300,000

Est. Mortgage $7,389/mo*

$1,300,000

Est. Mortgage $7,389/mo*
16 Beds
8 Baths
5,184 sqft

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

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

Active Status

MLS Status: Active

Interior Features

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

Exterior Features

Parking & Garage
No Attached Garage
Water & Sewer
Sewer: Public Sewer

Days on Market

Days on Market: 24

Property Information

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

Price & Status

Price
List Price: $1,300,000Price Per Sqft: $251

Location

Direction & Address
City: Eugene
School Information
Jr High / Middle School: Kelly

Agent Information

Listing Agent
Listing ID: 189796170

Building

Building Area
Building Area: 5184 Square Feet

Lot Information

Lot Area: 9583.2 sqft

Offer

Listing Terms: Cash, Conventional

Rental Terms, Policies & Fees

Rent Includes: Maintenance Grounds, Sewer, Trash Collection, Water

Miscellaneous

Mls Number: 189796170

Price History for 851 W 5th Ave

DatePriceEventSource
04/15/2026$1,300,000Listed For SaleRMLS (OR) #189796170
05/26/2025$1,375,000ListingRemovedRMLS (OR) #189796170
03/14/2025$1,375,000PriceChange
RMLS (OR) #189796170
01/30/2025$1,400,000Listed For SaleRMLS (OR) #189796170

Similar Homes You May Like

Skip to last item
Skip to first item

New Listings near 851 W 5th Ave

Skip to last item
Skip to first item

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.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Neighborhood stats provided by third party data sources.

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.
  • Alex.fikany
    "Love it. By bike by train by bus no planes! Walking ain’t bad either!! Excellent trails along the river too. Can drive anywhere in the city pretty much in 10 minutes or less "
  • Alex.fikany
    "Easy peasy! Can get to the entire city by bike or walking through the Ruth Bascom Riverbank Trail System! Busses abound. Car friendly too just be sure slow down for bicyclists! :)"
  • Trulia User
    "there are nice dog parks in the area to visit with your dog and lots of little stores that people enjoy visiting "
  • Sueofgold
    "15 minutes to get to the university area. 1st Ave is the main through street, but can be hard to turn left. "
  • Sueofgold
    "It usually takes me about 15 minutes to get to the University area and Easy access to the highway also. "
  • Blackespeare
    "it's the Castro of Eugene. it's a neighborhood where you can let your freak flag fly people are neighborly"
  • Elisha S.
    "Neighbors are friendly and look out for each other and their pets/houses, etc. I can walk to the park, rose garden, and restaurants easily."
  • klsub1530
    "it's a unique area it's close to a lot of restaurants microbreweries and the river. I can get a lot done in the area without having to drive."

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.
851 W 5th Ave, Eugene, OR 97402 is a 16 bedroom, 8 bathroom, 5,184 sqft multi-family built in 1968. 851 W 5th Ave is located in Whiteaker, Eugene. This property is currently available for sale and was listed by RMLS (OR) on Apr 15, 2026. The MLS # for this home is MLS# 189796170.