585 E 19th AvenueEugene, OR97401

$4,650,000
25 total units
12027 sq. ft
0.58 acres
Elementary School: Check with District
Middle School: Check with District
High School: South Eugene High
Zoning: R-4
751 days on market

VestorFilter™

Price per unit$186K/unit
Price per ft²$386.63/ft²
Recent price drop$350,000
Price per acre$8.02M/ac
Time on market751 days

Property Description

**Taking Back-up Offers** Shannon's Place Apartments is a 25-unit apartment property located within Eugene, Oregon. The property was built in 1958 and features a unit mix of predominantly two-bedroom units. Its floor plans include two one-bedroom units, and eighteen two-bedroom apartments in a garden-style layout. The property is a two-story wood framed walk-up complex. There is a laundry room on each floor. Shannon's Place Apartments is near shopping and amenities including Safeway, Hiron's Drug Store, Subway, and several local eateries. Nearby parks include West University City Park, Amazon Park and Amazon Pool. The property is located in the South University neighborhood and is approximately two blocks from the University of Oregon campus. The property has a walk score of 84 out of 100 and is walkable for students. The property is also located on the city bus line. Rene' Nelson, CCIM of Pacwest Commercial Real Estate, Eugene OR is the co-listing agent.

Financial Data

Date Sold2022-07-22
Sold Price$4,650,000
Price ChangeDropped $350,000 on 07/25/2022
Total $350,000 drop
Original Price$5,000,000
Current Price$4,650,000
Property Taxes$28,872

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Home Facts

StatusClosed
Year Built1958
MLS ID220143605