For Sale
$799,000

3740 Emerald StEugene, OR 97405

High-yield rental, lease expires 2/1/2025.

Overview

Added:
Dec 11, 2024
Days on market:
114
Exceptional investment opportunity in Southeast Eugene, Oregon, presents a fully leased single-family home spanning 5,220 square feet on a 0.18-acre lot. This property boasts 6+ bedrooms and 3.5 bathrooms, currently generating a monthly rental income of $4,000. The master lease is in place until February 1, 2025, with the tenant expressing a strong desire to extend their lease, presenting a potential for future rent increases. Further lease renegotiation opportunities exist to enhance the buyer's return on investment. The property benefits from a recently installed roof (July 2024), minimizing immediate maintenance concerns. Located at 3740 Emerald St, Eugene, OR 97405 (APN: 18-03-08-42-01500), this property offers a compelling combination of immediate income and long-term growth potential. The asking price is $799,000. This represents a strong cash-flowing asset with significant upside potential for the discerning investor. Don't miss this chance to acquire a well-maintained, high-demand rental property in a desirable Eugene neighborhood.

Highlights

  • Single-family home investment opportunity in Southeast Eugene.
  • 5,220 square feet, 6+ bedrooms, 3.5 baths.
  • $4,000/month current rent.
  • Leased through February 1, 2025, with tenant seeking long-term lease and potential rent increase.
  • New roof installed July 2024.
  • Asking price: $799,000.

Property Details for 3740 Emerald St

Property type
Specialty properties, 1031 exchange properties
Square Feet
5,220 SF
Lot Size (sq. ft)
7,841 SF

Location Insight

City
Eugene
County
Lane
State
Oregon
Latitude
44.015776255647
Longitude
-123.07211211624
3740 Emerald St, Eugene, Oregon

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3740 Emerald St
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