This home's estimate is 15.4% lower than the average sale price ($454K) of 6 comparable homes.
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3420 River Rd, Eugene, OR 97404
About this home
Duplex with strong potential in a desirable Santa Clara location. Opportunity awaits with the generous quarter-acre corner lot. The front unit offers approximately 1,200 sq. ft. with 2 bedrooms and 1 bath, while the back unit is a 1-bedroom, 1-bath studio of about 450 sq. ft. Both are currently under-rented, creating strong potential for increased income. The property’s size and corner positioning offer excellent possibilities—expand the existing footprint, develop a multi-unit complex, or renovate the current duplex to maximize rental returns. Ample off-street parking is available behind the building, adding convenience for tenants. A solid investment opportunity in a desirable neighborhood.

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Market trends in 97404, OR
Last updated October 2026
Buyer's Market
Seller's Market
Seller's market
- COMING SOON$564,9003 beds3 baths2,207 sq ft3434 Cabernet Ln, Eugene, OR 97404Rachel Paakaula • HORSEPOWER REAL ESTATE
- COMING SOON$425,0004 beds2 baths1,862 sq ft1805 Hemlock St, Eugene, OR 97404Joshua Cooley • Keller Williams The Cooley Real Estate Group
- OPEN SUN, 3PM TO 4PM$619,9004 beds3 baths2,176 sq ft414 Kingsbury Ave, Eugene, OR 97404Tim Duncan • Tim Duncan Real Estate
- OPEN SUN, 2:30PM TO 4:30PM$549,0003 beds3 baths2,026 sq ft1375 Lorien Ln, Eugene, OR 97404Joe Williams • ICON Real Estate Group
- OPEN SUN, 1PM TO 3PM$399,0003 beds2 baths1,296 sq ft99 Briarcliff Dr, Eugene, OR 97404Mary Reilly • Windermere RE Lane County
- 3D WALKTHROUGH
- $464,0003 beds2 baths1,347 sq ft4025 Wakefield Ct, Eugene, OR 97404Shannon Jackson • Coldwell Banker Professional Group
- $375,0003 beds1 bath1,254 sq ft245 Federal Ln, Eugene, OR 97404Merrill Moore • Better Homes and Gardens Real Estate Equinox
- OPEN SUN, 2:30PM TO 4:30PM
See all
Provided by Redfin
Sale history for 3420 River Rd
$196/sq ft
$196/sq ft
$43/sq ft
Tax history for 3420 River Rd
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Property details
Parking
- Parking Information
- Parking Features: Driveway
Interior
- Appliances
- Hot Water Description: Electricity
- Interior Features
- Basement: Crawl Space
Exterior
- Exterior Features
- Roof: Composition
- Exterior Description: Cedar, T-111 Siding
- Lot Information
- Lot Size Square Feet: 11,325
- Lot Size Range: 10,000 to 14,999 SqFt
- Lot Size Acres: 0.26
- Lot Size: 10,000 to 14,999 SqFt
- Lot Features: Corner Lot
- Parcel Number: 1496288
- Road Surface Type: Concrete, Gravel
- Property Information
- Property Type: Multi Family
- Property Attached YN: No
- Property Condition: Fixer
- View YN: No
- Building Information
- Year Built: 1948
- Building Area Total: 1,658
- Foundation Details: Concrete Perimeter
Financial
- Tax Information
- Tax Year: 2024
- Tax Legal Description: 17-04-02-43-01401
- Tax Annual Amount: $2,342.54
- Rent Information
- Rent Includes: Water
- Lease / Rent Information
- CAP Rate: 5.55
- Gross Rent Multiplier: 14.48
Utilities
- Utility Information
- Green Certification YN: No
- Fuel Description: Electricity
- Internet Service Type: Cable
- Water Source: Public Water
- Sewer: Public Sewer
- Heating & Cooling
- Heating YN: Yes
- Heating: Baseboard, Wall Heater
- Cooling YN: No
Location
- Multi Unit Information
- # Of Units Total: 2
- Unit Information
- Unit Type: 1, 2
- Unit Type 1 Information
- Actual Rent: $1,020
- Area: 1,208
- Baths Total: 1
- Beds Total: 2
- Units Total: 1
- Unit Type 2 Information
- Actual Rent: $850
- Area: 450
- BathsTotal: 1
- Beds Total: 1
- Features: Range, Refrigerator
- Units Total: 1
- School Information
- Elementary School: Spring Creek
- Middle Or Junior School: Madison
- High School: North Eugene
- Location Information
- Directions: Corner of W. Anchor and River Rd
- Unparsed Address: 3420 RIVER RD, Eugene, OR 97404
- Community Information
- Zoning: R1
Public facts
- Beds: 3
- Baths: 2.0
- Sq. Ft.: 1,658
- Stories: 1.0
- Lot Size: 0.26 acres
- Style: Single Family Residential
- Year Built: 1948
- Year Renovated: 1962
- County: Lane County
- APN: 1496288
Other
- Listing Information
- MlsStatus: Sold
- Listing Price Information
- Price Type: List Price
Around this home
Schools
- K - 12
- Preschool & daycare
Public K-5 • Assigned • 0.4mi
Public 6-8 • Assigned • 0.8mi
Public 9-12 • Assigned • 1.4mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
Unlikely to be in a wildfire in next 30 years
7 days above 93° expected this year, 15 days in 30 years
Minimal risk of severe winds over next 30 years
13 unhealthy days expected this year, 15 days in 30 years
Sun exposure
In this area, properties receive around 10.6 hours in June and 2.2 hours in December, placing it below the U.S. average for solar exposure.
Nearby similar homes






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Home values near 3420 River Rd
| Address | Redfin Estimate |
|---|---|
3 Beds | 1 Baths | 1000 Sq. Ft. | $383,667 |
3 Beds | 2 Baths | 1329 Sq. Ft. | $452,372 |
3 Beds | 1.5 Baths | 1429 Sq. Ft. | $444,394 |
3 Beds | 2 Baths | 1518 Sq. Ft. | $459,771 |
3 Beds | 2 Baths | 1424 Sq. Ft. | $432,752 |
3 Beds | 2.5 Baths | 1438 Sq. Ft. | $433,130 |
3 Beds | 1 Baths | 1660 Sq. Ft. | $560,763 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 2.5 Baths | 1650 Sq. Ft. | $447,284 |
3 Beds | 2 Baths | 1258 Sq. Ft. | $418,945 |
3 Beds | 2 Baths | 1462 Sq. Ft. | $436,436 |
4 Beds | 2.5 Baths | 2046 Sq. Ft. | $529,192 |
3 Beds | 2 Baths | 1660 Sq. Ft. | $434,918 |
3 Beds | 1.5 Baths | 1030 Sq. Ft. | $383,580 |
6 Beds | 4 Baths | 2380 Sq. Ft. | $582,704 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 2 Baths | 1274 Sq. Ft. | $438,874 |
3 Beds | 2 Baths | 1274 Sq. Ft. | $419,754 |
3 Beds | 2.5 Baths | 2170 Sq. Ft. | $478,247 |
3 Beds | 1 Baths | 1056 Sq. Ft. | $388,946 |
3 Beds | 2 Baths | 1407 Sq. Ft. | $434,667 |
3 Beds | 2 Baths | 1808 Sq. Ft. | $484,841 |
4 Beds | 2 Baths | 1772 Sq. Ft. | $520,235 |
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