Opportunity awaits with this duplex in a convenient Eugene location near Oakway Center, the University of Oregon, shopping, restaurants, and major transportation routes. Located in the desirable Sheldon School District, this property offers solid investment potential for buyers willing to put in some work. The duplex needs TLC and updating, but with improvements it could be a strong long-term rental or value-add investment. Whether you're looking to renovate and hold or build equity over time, this property is worth a look. Due to tenant occupancy, interior showings will be available after an accepted offer. Please do not disturb the tenants. If you're searching for an investment in a location with strong rental demand and upside potential, this is it.
Cal Young, located between the Willamette River and Beltline Highway, is a residential and commercial Eugene neighborhood with leafy streets and pocket parks. The neighborhood’s character concentrates around the Oakway Road and Coburg Road corridor, where cafes, local shops, and everyday errands cluster in a polished, walkable strip. Oakway Center serves as a long-running retail anchor, while nearby Shedd Institute for the Arts adds a cultural counterpoint for evenings downtown. Housing leans toward mid-century ranches and well-kept newer builds, with a calm, suburban cadence. Bike routes and greenways connect to river paths and campus-bound streets without feeling removed from town.
Provided by Walk Score and Local Logic
Market insights
2209 Cal Young Rd · $475,000
DAYS ON MARKET
15 days
The average home goes pending in 27 days.
SALE-TO-LIST
99.4%
Most homes are selling 1% below list price.
LIST PRICE
$475,000
Median sale price in this area is $487,600. (3% higher than this home)
PRICE DROP
0 price drops
27% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Attached storage
Bedrooms
Two 3-bedroom units
Bathrooms
Each unit has 1 bathroom
Kitchen
Each unit includes Dishwasher, Disposal, Range
Laundry & utility
Electric hot water
Heating & cooling
Ceiling heating
Wall heaters
No central air
Exterior features
T-111 siding
Gravel road frontage
Lot about 0.16 acre
Home design
Multi-family property
Not attached to another building
Built in 1971
Single-story appearance (flat roof)
Parking
Covered parking
Construction
Flat roof
T-111 siding construction
Built in 1971
Utilities
Public water
Public sewer
Electric service
HOA & community
Zoned R1
Financial info
Two total units
Unit rents: $1,170 and $1,725
Gross rent multiplier 13.19
Cap rate 5.16
Other
Parcel number 1004934
Electricity and solar
View estimated energy costs and solar savings for this home
The purpose of the R-1 Low-Density Residential zone is to implement the comprehensive plan by providing areas for low-density residential use. The R-1 zone is designed for single-unit dwellings with some allowance for other types of dwellings and middle housing and is also intended to provide a limited range of non-residential uses that can enhance the quality of low-density residential areas.
Permitted uses
Include but are not limited to:
Greenhouse / nursery
Housing-Single unit
Housing-Multiple units
Housing-Senior
Infrastructure-Other
Public service
Fire house
Agriculture-Cropland
Agriculture-Grove / orchard / vineyard
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
4/10 Heat Factor
7 days above 93° expected this year, 15 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
10/10 Air Factor
13 unhealthy days expected this year, 15 days in 30 years
Provided by First Street
Historical weather
Eugene, OR • 97401
Average low and high temperatures (°F)
47
34
51
37
59
42
65
43
71
48
78
53
87
57
87
59
78
54
65
46
53
42
50
41
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
92/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.9 hrs
5.9 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 2209 Cal Young Rd
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $460,000 and $560,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $460K to $560K.