443 E 16TH AVE, Eugene, OR 97401

Property Description

Exceptional investment opportunity just blocks from the University of Oregon! This 2009 well-maintained duplex offers a rare combination of strong cash flow, modern construction, and a prime campus location. Each spacious unit features 4 generous-sized bedrooms, 2 full bathrooms, an open-concept living area, in-unit laundry, and a functional kitchen with plenty of cabinet and counter space. Assigned carport parking adds convenience, making these units highly desirable for student housing.The lower unit features a private, gated front patio, while the upper unit offers a covered balcony. With gross annual income of approximately $85,728 and a current lease in place through July 2027, this is a turnkey investment with immediate, stable income. Located in one of Eugene's strongest rental markets near the University of Oregon, restaurants, shopping, parks, and public transportation, this property is an outstanding addition to any investment portfolio.