Welcome to the vibrant Whiteaker neighborhood, one of Eugene’s most iconic areas known for its restaurants, breweries, and nightly entertainment. This five-unit multifamily property sits just steps from all the best the Whiteaker has to offer — making it a premier investment opportunity with huge upside potential.With its character, location, and layout, this property would make a fantastic boutique Airbnb conversion or strong long-term rental investment. Zoned R-3 Limited High-Density Residential, it offers both flexibility and future development potential.There is ample parking on the premises behind the building, plus alley access for easy entry and additional parking options.On site Laundry coin-op. Behind the main structure, there’s also another lot with a garage available for sale (MLS #724216330), offering even more potential for expansion or additional income. • One unit currently vacant and available for viewing • Showings on occupied units available with accepted offer – please do not disturb tenants • Parking behind building plus alley access • Seller open to owner carry terms with a large down payment • Actual income and expenses are estimates – limited rental history available
Sold
$450,000
939 W 4th Ave, Eugene, OR 97402
4beds
2,986sqft
Multi Family
Built in 1910
-- sqft lot
$548,000 Zestimate®
$151/sqft
$2,319 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: November 14, 2025 at 07:12am
Listed by:
Sandra Boyst ICON@TheICONREGroup.com,
ICON Real Estate Group
Bought with:
Sandra Boyst, 201208715
ICON Real Estate Group
Source: RMLS (OR),MLS#: 343625546
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 5
- Full bathrooms: 5
Heating
- Zoned
Appliances
- Included: Range, Refrigerator, Electric Water Heater
- Laundry: Common Area
Features
- Windows: Window Coverings
- Basement: Crawl Space
Interior area
- Total structure area: 2,986
- Total interior livable area: 2,986 sqft
Property
Parking
- Parking features: Driveway
- Has uncovered spaces: Yes
Features
- Stories: 2
Lot
- Size: 7,840 sqft
- Features: Level, SqFt 7000 to 9999
Details
- Parcel number: 0254902
- Zoning: R-3
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Asbestos, Other
- Foundation: Other
- Roof: Composition
Condition
- Existing
- Year built: 1910
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Laundry
Location
- Region: Eugene
HOA & financial
Other financial information
- Total actual rent: 4140
Other
Other facts
- Listing terms: Cash,Conventional,Owner Will Carry
Sell with ease on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$548,000
2% more+$10,960
With Zillow Showcase(estimated)$558,960