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3659 W 18th Ave, Eugene, OR, 97402

--beds
0baths
113,974sqft
$24,500,000
$215price/sqft
$155,800/moest. monthly cost
$6,232,000/yrincome needed

About This Home

127 unit garden style apartment project on the corner of West 18th Ave and Bailey Hill Rd. Property is one tax lot and 13.5 acres with abundant open/green spaces, community room, rec room, basketball court and playground. All units have a ductless heating/cooling unit installed last year. Most buildings have had roofs replaced over the last 10 years. Call the listing agent or have your broker call for a marketing package with all financial information for the project.

Getting Around

52
WalkingSomewhat Walkable
36
TransitSome Transit
87
BikeVery Bikeable

Schools

3/10
5/10
Kennedy Middle SchoolGrades 6-80.5 mi
4/10
Churchill High SchoolGrades 9-120.2 mi

Construction

Condition

  • Year built: 1972

Materials

  • Foundation: Slab
  • Roof: Composition
  • Construction materials: Frame

Type & Style

  • Home type: MultiFamily
  • Architectural style: Ranch
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Range,Range Hood,Refrigerator

Features

  • Ceiling Fan(s),Laminate Counters,Primary Downstairs,Shower/Tub Combo
  • Window features: Double Pane Windows
  • Flooring: Laminate,Tile
  • Common walls with other units/homes: 1 Common Wall,2+ Common Walls,No Common Walls,No One Above,No One Below

Heating & Cooling

  • Heating features: Ductless,Electric
  • Cooling features: Ductless

Interior Area

  • Total structure area: 113,974
  • Total interior livable area: 113,974 sqft

Property

Details

  • Parcel number: 1046869
  • Zoning description: R1
  • Special condition: Standard
  • Exclusions: All Tenants Personal Belongings

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Patio

Lot

  • Lot size: 13.50 Acres
  • Features: Landscaped,Level

Parking

  • Parking features: Asphalt,Assigned,Detached Carport
  • Carport: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeModerate

How This Home’s Risks Compare

Earthquake

FEMA Declared Disasters in Lane County and Oregon

Fire
Flood
Mud Landslide
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $123,885$1,486,620
Home Insurance *$5,647$67,764
Property Taxes $15,925$191,100
Electricity $10,343$124,121
Total$155,800$1,869,600
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$5,341,714/yr
40% on housing$4,674,000/yr
45% on housing$4,154,666/yr

Oregon FAIR Plan Programs

Oregon FAIR Plan Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 2,377Commercial: 170
Total Premiums$3.07M
Total Exposure$840.98M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.5%
8.5%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: 0.4%
0.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$215This listing

vs Other Active Listings

Avg $/sqft

ZIP 97402$206
Lane County$242

vs Homes Sold Last Month

Median $/sqft

ZIP 97402$279
Lane County$294

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-04-22Listed for sale$24,500,000

For Sale by Agent

AgentCorey J Clark
BrokerageCentury 21 North Homes Realty

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