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Listing provided courtesy of Bell Real Estate- MLS# 22057606MLS Provider

1293 HWY 99NEugene, OR 97402

Multi-Family · 2.53 Acres
$999,000 Active

1293 HWY 99N Overview

Time on Site:
271 days
Visits:
7

Two lots sold together (MLS#22016089)- horseshoe shaped lots around Budget Lodge (not included). Overhead drone photos are from 2022. Lots include large open space for potential additional dwellings - buyer to verify. Large pond with possibility to fill in for additional land space - buyer to verify with city, but city said it was possible in 2022. 5 houses & 1 commercial building. Large 4 bedroom, 2 bath home; two 1 bedroom, 1 bath homes; two 2 bedroom, 1 bath homes; and a vacant commercial building. There was at one time a home between the large house and the smaller homes - utilities should still be there. Homes are rented month-to-month. Last rent for commercial space was $1750. Deferred maintenance in all units. Showing of commercial space by appointment only. Showings of occupied homes only with an accepted offer. DO NOT DISTURB TENANTS. Tax lot ID#'s 0424364 & 0424380

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1293 HWY 99N Facts & Features

  • Type Multi-Family
  • Lot 2.53 Acres

Details

General

School Information

  • Elementary School: Malabon
  • Middle Or Junior School: Cascade
  • High School: Willamette

Income/Expenses

  • Gross Income: 57890.0
  • Net Operating Income: 39912.0
  • Operating Expense: 25802.0

Building Information

  • Year Built: 1956

Location/Region

  • Country: US
  • County Or Parish: Lane
  • MLS Area Major: 246 - Lane Co: Danebo

Rent/Lease Information

  • Rent Includes: Sewer,Trash Collection,Water

Tax Information

  • Tax Annual Amount: 8027.0
  • Tax Year: 2025

General Information

  • Disclosures: Disclosure
  • Listing Terms: Cash,Other,Rehab
  • Parcel Number: 0424380
  • Property Condition: Fixer
  • Property Type: Multi Family
  • Zoning: C-2

Interior

General Information

  • Basement: Crawl Space,None
  • Foundation Details: Concrete Perimeter,Slab
  • Heating: Baseboard,Wall Heater
  • Stories: 1

Exterior

Parking Information

  • Parking Features: Garage,Open

Lot Information

  • Lot Features: Level,Trees
  • Lot Size Acres: 2.53
  • Lot Size Square Feet: 110206.0
  • Road Surface Type: Dirt,Gravel
  • Water Source: Public Water

Waterfront/View

  • Waterfront Features: Other

Building Exterior/Construction

  • Roof: Composition,Membrane

General Information

  • Number Of Units Total: 6
  • Sewer: Public Sewer

1293 HWY 99N Neighborhood

Community

97402 (Veneta) Demographics

37
Median Age
695
Population Density (per sq. mile)
34%
College Educated
$46,504
Estimated Median Income
10,344
Estimated Total Home Owners
11,438
Estimated Total Renters
47% / 53%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1293 HWY 99N Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1293 HWY 99N Market Data

Based on the last 30 days in this zip code

$420,543
Average List Price
$264
Average Price per Square Foot
52
Properties Sold
87
Average Days on Market
215
Properties for Sale
Calculations provided by Reliance Network

1293 HWY 99N History

Date Event Value Agent
11/13/2025Source: Regional MLS Status Change
Active
10/23/2025Source: Regional MLS Status Change
Pending
10/1/2025Source: Regional MLS Added to Database
October 01, 2025