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Polk St. Apartments 1612 Polk St 15 Unit Apartment Building $1,503,755 CAD ($100,250 CAD/Unit) 6.98% Cap Rate Eugene, OR 97402
Investment Highlights
- 15 unit single story apartment complex
- Email to get full marketing packaged. Send back signed NDA to get full drop box file with inspections, bids, photos and financials.
- Located in West Eugene on amazon bike paths near schools and shopping. Situated close to downtown
Executive Summary
**Do Not Disturb Tenants**
15-unit apartment complex, predominantly featuring one-bedroom units with efficient floor plans. This single-story property has frontage along the Amazon canal. Ideally situated in the vibrant west Eugene area—just a short walk from schools and grocery stores.
Property is a fixer. At the asking price, property is being sold in its as-condition.
Inspections, financials and additional photos will be provided if you email back the attached non-disclosure signed by buyer and their broker (if applicable.)
15-unit apartment complex, predominantly featuring one-bedroom units with efficient floor plans. This single-story property has frontage along the Amazon canal. Ideally situated in the vibrant west Eugene area—just a short walk from schools and grocery stores.
Property is a fixer. At the asking price, property is being sold in its as-condition.
Inspections, financials and additional photos will be provided if you email back the attached non-disclosure signed by buyer and their broker (if applicable.)
Financial Summary (Pro Forma - 2026) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2026) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $1,503,755 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $100,250 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.80 AC |
| Cap Rate | 6.98% | Building Size | 7,500 SF |
| No. Units | 15 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1945 |
| Property Subtype | Apartment | Parking Ratio | 2.11/1,000 SF |
| Zoning | R-2 - Medium density residential | ||
| Price | $1,503,755 CAD |
| Price Per Unit | $100,250 CAD |
| Sale Type | Investment |
| Cap Rate | 6.98% |
| No. Units | 15 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.80 AC |
| Building Size | 7,500 SF |
| No. Stories | 1 |
| Year Built | 1945 |
| Parking Ratio | 2.11/1,000 SF |
| Zoning | R-2 - Medium density residential |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Oven
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Public Transportation
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 1 | - | - |
| 1+1 | 11 | - | - |
| 2+1 | 3 | - | - |
1 1
Walk Score®
Very Walkable (77)
Bike Score®
Biker's Paradise (98)
Property Taxes
| Parcel Number | 0487817 | Total Assessment | $654,922 CAD (2025) |
| Land Assessment | $0 CAD (2025) | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $0 CAD (2025) | Tax Year | 2026 |
Property Taxes
Parcel Number
0487817
Land Assessment
$0 CAD (2025)
Improvements Assessment
$0 CAD (2025)
Total Assessment
$654,922 CAD (2025)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2026
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Polk St. Apartments | 1612 Polk St
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