55 Federal Ln, Eugene, OR 97404

Eugene
Local realty services provided by:Knipe Realty ERA Powered
55 Federal Ln,Eugene, OR 97404
$585,000
Virtual Tour
  • 6 Beds
  • 4 Baths
  • 3,238 sq. ft.
  • Single family
  • Active
Listed by: emily williamson
Office: hybrid real estate541-343-0322
MLS#:640747560
Source:PORTLAND

Price summary

  • Price:$585,000
  • Price per sq. ft.:$180.67

About this home

Eugene Investment Property 55 & 75 Federal Eugene, OR | 3 Rental Units | $4,545 Monthly Rental Income | Multi-Family Development Potential!Exceptional opportunity to own an income-producing investment property in Eugene, Oregon, featuring 2 separate homes, 3 rental units, and a vacant lot with future development potential! Currently generating $4,545 per month in rental income ($54,540 annually), this versatile property offers immediate cash flow, multiple income streams, and exciting opportunities for expansion.Home #1 – 1,718 Sq. Ft. | 2 Rental Units | 2-Car GarageThis property features two separate rental units. The upper-level unit offers 2 bedrooms and 1 bathroom, while the lower-level unit includes 1 bedroom, 1.5 bathrooms, and 4 additional unfinished rooms. Lower-level rental photos coming soon!Home #2 – 1,520 Sq. Ft. | 4 Bedrooms | 2 BathroomsThe second home features a spacious floor plan, updated kitchen, private fenced yard, and ample parking, making it an attractive rental...

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Home facts

  • Year built:1928
  • Listing ID #:640747560
  • Added:8 day(s) ago
  • Updated:October 27, 2026 at 12:53 PM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:4
  • Full bathrooms:4
  • Living area:3,238 sq. ft.

Heating and cooling

  • Heating:Zoned

Structure and exterior

  • Roof:Composition
  • Year built:1928
  • Building area:3,238 sq. ft.
  • Lot area:0.5 Acres
  • Lot Features:Level
  • Levels:2 Stories

Schools

  • High school:North Eugene
  • Middle school:Madison
  • Elementary school:Spring Creek

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$585,000
  • Price per sq. ft.:$180.67
  • Tax amount:$4,124 (2025)

Parking

  • Total parking spaces:2
  • Garage spaces:2
MLS LogoAll information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than Knipe Realty ERA Powered are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright 2026 RMLS, Portland, Oregon. Last updated: October 27, 2026

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