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795 Willamette St
Eugene, OR 97401
The Tiffany Building · Multifamily Property For Sale · 18 Units

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INVESTMENT HIGHLIGHTS

  • Pride-of-ownership historic landmark built in 1902 with major upgrades and long-term stewardship
  • Recent capital improvements, including new roof (2022) and new windows (2025)
  • Surrounded by ongoing downtown investment, including the upcoming North Butterfly Lot redevelopment
  • 18 residential units + 6,473 SF of retail in a premier downtown Eugene location
  • Under-market rents offering clear value-add potential for investors

EXECUTIVE SUMMARY

UNDER CONTRACT 12/01/2025
The Tiffany Building is a pride-of-ownership, 18-unit apartment complex with 6,473 SF of ground-floor retail in the heart of downtown Eugene. Constructed in 1902 and expanded in 1913, this historic landmark has been thoughtfully upgraded with a new roof (2022), new windows (2025), and prior seismic and systems modernization.
With under-market residential rents, stable tenancy, and a proven NOI of $177,964, the asset provides strong in-place income and clear value-add potential. Positioned steps from the Farmers Market Pavilion, the Park Blocks, transit, and the planned North Butterfly Lot redevelopment, the property is surrounded by ongoing public and private investment in Eugene’s downtown core.
A rare opportunity to acquire a well-maintained, architecturally significant building with exceptional pride of ownership and long-term stability.

PROPERTY FACTS

Price Per Unit $252,507 CAD
Sale Type Investment
Cap Rate 5.39%
No. Units 18
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
Apartment Style Mid-Rise
Building Class B
Lot Size 0.14 AC
Building Size 57,105 SF
Average Occupancy 100%
No. Stories 4
Year Built/Renovated 1902/1925
Opportunity Zone Yes
Zoning C-3 - Major Commercial Zone

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Storage Space
  • Washer/Dryer
  • Heating
  • High Speed Internet Access
  • Basement
  • Large Bedrooms
  • Floor to Ceiling Windows

SITE AMENITIES

  • 24 Hour Access

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
Studios 9 - 383
1+1 9 - 640

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0258606
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$4,344,819 CAD
  • Listing ID: 38477291

  • Date on Market: 2025-11-17

  • Last Updated:

  • Address: 795 Willamette St, Eugene, OR 97401

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