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$325,000 Sale Pending

  • For Sale
  • Pending
  • Multi-Family
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Unique development opportunity in downtown Eugene. Seller has preliminary plans drawn for a 20 unit apartment or up to a 69 unit single room occupancy complex. Drawings can be provided upon request. Package deal can be made if 427 Washington is also purchased with 490 W 4th ave. Great walk & bike-score! Near The Owen Rose Garden, Downtown Shops, Whiteaker Breweries, the Willamette River, and more! There is so much to see & do in the heart of Eugene. These properties also make great long-term rental investments with the current tenants. (Do don't disturb current tenants, please.) New price! $325,000.

Full Property Details for 490 W 4th Ave

General

  • Price: $325,000
  • Taxes: $2,178 (2024)
  • Status: Pending
  • Type: Multi-Family
  • Source: RWMLS
  • MLS ID: 779161066
  • Updated: 9/25/2025
  • Added to Site: 246 day(s) ago

Rental Information

  • Rent Includes: None

Parking

  • Total Spaces: 2
  • Parking Features: Off Street

Location

  • County: Lane
  • Subdivision: North Eugene Mixed Downtown
  • Driving Directions: Corner of West 4th Ave & Washington

School Information

  • Elementary School: River Road
  • Middle School: Kelly
  • High School: North Eugene

Community

  • Community Name: 247 - Lane Co: River Road

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Wall Heater
  • Heating Fuel: Electricity

Utilities

  • Sewer: Public Sewer
  • Water: Public Water

Structural Information

  • Property Detached: Yes
  • Basement Desc.: Crawl Space
  • Roof: Composition
  • Stories/Levels: 2
  • Year Built: 1900
  • Property Condition: Fixer

Lot Features

  • Lot Size (Acres): 0.1
  • Lot Size (Sq. Ft.): 4,356
  • Lot Size: 3, 000 to 4, 999 SqFt

Financial Considerations

  • Operating Expenses: $2,179
  • Tax Amount: $2,178.66
  • Tax Year: 2024
  • Terms: Cash, Conventional

Disclosures and Reports

  • Legal Description: 17-03-30-34-14000
  • Property ID: 256477

Listed by Sixel Real Estate (541) 654-0501, Kit Sixel (541) 954-1915

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Listing agent

— 490 W 4th Ave —

  • Kit Sixel

    Sixel Real Estate

    541-654-0501

541-954-1915

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 490 W 4th Ave

School District:Eugene School District 4j
NameGradesDistance
River Road/El Camino Del Rio Elementary School
120 West Hilliard Lane, Eugene, OR 97404
K-52 mi
Kelly Middle School
850 Howard Avenue, Eugene, OR 97404
6-83.3 mi
North Eugene High School
200 Silver Lane, Eugene, OR 97404
9-123.1 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 490 W 4th Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/26/2025
Price Reduced
$325,000
-17.72%
MLS
6/19/2025
Listed
$395,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 490 W 4th Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,206
1%
$113,227
3%
2024
$2,179
3%
$109,930
3%
2023
$2,123
4%
$106,729
3%
2022
$2,041
6%
$103,621
3%
2021
$1,917
—
$100,603
3%
2021
$1,917
3%
$97,673
3%
2019
$1,858
6%
$94,829
3%
2018
$1,749
5%
$92,067
3%
2017
$1,671
3%
$89,385
3%
2016
$1,629
3%
$86,782
3%
2015
$1,582
2%
$84,254
3%
2014
$1,550
3%
$81,800
3%
2013
$1,509
—
$79,417
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 490 W 4th Ave

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Listed by Sixel Real Estate (541) 654-0501, Kit Sixel (541) 954-1915

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490 W 4th Ave, Eugene, OR 97401 (MLS# 779161066) is a Multi-Family property with 2 units containing 0 bedrooms and 0 full bathrooms. 490 W 4th Ave is currently listed for $325,000 and was received on June 19, 2025. Want to learn more about 490 W 4th Ave? Do you have questions about finding other Multi-Family real estate for sale in Eugene? You can browse all Eugene real estate or contact a Coldwell Banker agent to request more information.

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