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About this home
Both units are mirror images of each other separated by their garages. Good sized laundry room w/hookups off kitchen. Sliders from dining area to backyard patio. Planter boxes in front. Hardwood floors in all the bedrooms. Tenants have been there for a long time with good rental history. This is a great investment opportunity.
Multi-familyProperty Type
1964Year Built
0.25 acresLot Size
$234Price/Sq.Ft.
2 car garageParking
Listed by Linda Anderson• Legacy Real Estate Lane County LLC
Santa Clara, located between River Road and Beltline Road, is a residential and riverside Eugene neighborhood with a low-slung ranch-house streetscape and a patchwork of wetlands and bike paths. The neighborhood’s character concentrates around the River Road corridor near Irvington Drive, where taquerias, produce stands, and long-running local shops set a practical, everyday rhythm. Single-story midcentury homes and newer infill sit along wide, leafy blocks, with pockets of open space breaking up the grid. The Ruth Bascom Riverbank Path System frames many routines with flat, scenic miles along the Willamette. Nearby, the Santa Clara Community Park and the Hult Center for Performing Arts add green space and cultural calendar notes. The pace reads calm, with most activity flowing to the main road and river trail.
Provided by Walk Score and Local Logic
Market insights
2885 Federal Pl · $425,000
DAYS ON MARKET
1 days
The average home goes pending in 27 days.
SALE-TO-LIST
99.2%
Most homes are selling 1% below list price.
LIST PRICE
$425,000
Median sale price in this area is $490,336. (15% higher than this home)
PRICE DROP
0 price drops
29% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Fireplace
Crawl space
Bedrooms
4 bedrooms
Bathrooms
2 bathrooms
Kitchen
Range
Laundry & utility
Washer/dryer hookup
Flooring
Hardwood floors
Heating & cooling
Ceiling and wall heating
Exterior features
Corner lot
Home design
Two-unit multifamily property
Parking
Driveway
Garage
2 parking spaces
2 garage spaces
Construction
Built in 1964
Composition roof
Utilities
Electricity
Public water
Public sewer
Financial info
Actual rent: $2,500
Capitalization rate: 5.96%
Gross rent multiplier: 14.17
Electricity and solar
View estimated energy costs and solar savings for this home
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
4/10 Heat Factor
7 days above 93° expected this year, 15 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
10/10 Air Factor
13 unhealthy days expected this year, 15 days in 30 years
Provided by First Street
Historical weather
Eugene, OR • 97404
Average low and high temperatures (°F)
47
33
51
37
59
41
65
43
71
48
79
52
87
56
87
59
79
54
64
44
54
42
50
40
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
97/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 5% for direct sun exposure in Eugene. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.7 hrs
6.1 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 2885 Federal Pl
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $410,000 and $460,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $410K to $460K.