1247-1257 W 6th Ave - Apartments FOR SALE


Eugene, OR 97402- Whiteaker
$3,600,000 USD
541-484-2214
1247-1257 W 6th Ave, Eugene, OR for Sale
$3,600,000 USD
Apartments - FOR SALE
1/14
null | 5.81% Cap Rate

1247-1257 W 6th Ave
Eugene, OR 97402
Whiteaker


HIGHLIGHTS

  • 22-unit multifamily complex in Eugene’s desirable Whiteaker neighborhood
  • Majority of units renovated within the past 8 years
  • Recent exterior upgrades including new fencing, entry gate, & resurfaced parking lot (2025)
  • Strong unit mix: studios, 1-bedrooms, and 2-bedrooms with ~30 on-site parking spaces
  • Close to downtown Eugene, University of Oregon & major transit routes (EmX nearby)
  • Stable income producer with upside potential for continued rent growth

OVERVIEW

Westwood Plaza Apartments present a rare opportunity to acquire a well-maintained, 22-unit multifamily complex in Eugene’s desirable Whiteaker neighborhood. Consisting of two buildings on 0.42 acres, the property features a diverse mix of (3) studios, (16) one-bedroom, and (3) two-bedroom units with approximately 30 on-site parking spaces. Most units have been renovated within the past eight years, and recent capital improvements include new exterior fencing, resurfaced parking, and numerous exterior upgrades. Located minutes from downtown Eugene and the University of Oregon, the property offers strong tenant appeal with walkable access to restaurants, breweries, and public transportation (EmX transit line nearby). Westwood Plaza’s stable occupancy, updated units, and prime central location make it a strong performer with potential for continued rent growth and reliable cash flow.

FOR SALE DETAILS

PRICE

$3,600,000 USD

PRICE/SF

$229 USD /SF

# OF UNITS

22

PRICE/UNIT

$163,636

CAP RATE

5.81%

% LEASED

95%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Westwood Plaza Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1966

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.61 AC

LAND SF

26,380 SF

ZONING

R-3

APN/PARCEL ID

0472587

ASK ABOUT THIS PROPERTY

Bill NewlandCampbell Commercial Real EstateMore Info
541-484-2214

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Bill NewlandCampbell Commercial Real EstateMore Info
541-484-2214

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.