This home's estimate is 19.2% higher than the average sale price ($475K) of 6 comparable homes.
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725/727 Greg Way, Eugene, OR 97404
About this home
Well-Maintained Duplex Near NE High School – Great Investment Opportunity! Don’t miss this fantastic duplex just a few blocks from NE High School! Each side features 1054 SF, 2 bedrooms and 1 bathroom, making it a perfect fit for tenants or owner-occupants alike.Unit 725 was been recently updated with fresh paint, newer carpet, and laminate flooring. Both units include all kitchen appliances and have their own fenced backyard – perfect for privacy and outdoor enjoyment. Each unit also comes with a one-car garage, gas water heater, gas furnace, and central air conditioning for year-round comfort. The property boasts a newer roof and has a strong rental history, making it an excellent investment opportunity.

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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 725/727 Greg Way
$236/sq ft
$227/sq ft
$232/sq ft
$48/sq ft
$26/sq ft
Tax history for 725/727 Greg Way
*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
- Garage Information
- Garage Spaces: 2
Interior
- Appliances
- Hot Water Description: Gas
- Interior Features
- Storage: Garage(s)
- Basement: Crawl Space
Exterior
- Exterior Features
- Roof: Composition
- Exterior Description: Lap Siding, T-111 Siding
- Lot Information
- Lot Size Square Feet: 10,454
- Lot Size Range: 10,000 to 14,999 SqFt
- Lot Size Acres: 0.24
- Lot Size: 10,000 to 14,999 SqFt
- Lot Features: Level
- Parcel Number: 0388361
- Road Surface Type: Paved
- Property Information
- Property Type: Multi Family
- Property Attached YN: No
- View YN: No
- Building Information
- Year Built: 1962
- Building Area Total: 2,108
- Foundation Details: Concrete Perimeter
Financial
- Tax Information
- Tax Year: 2024
- Tax Legal Description: 17-04-14-24-14100
- Tax Annual Amount: $4,611.42
- Lease / Rent Information
- CAP Rate: 0.52
- Gross Rent Multiplier: 191.6
Utilities
- Utility Information
- Green Certification YN: No
- Fuel Description: Electricity, Gas
- Water Source: Public Water
- Sewer: Public Sewer
- Heating & Cooling
- Heating YN: Yes
- Heating: Forced Air
- Cooling YN: Yes
- Cooling: Central Air
Location
- Multi Unit Information
- # Of Units Total: 2
- Unit Information
- Unit Type: 1, 2
- Unit Type 1 Information
- Actual Rent: $1,400
- Area: 1,054
- Baths Total: 1
- Beds Total: 2
- Features: Air Conditioning, Fireplace, Range, Refrigerator
- Units Total: 1
- Unit Type 2 Information
- Actual Rent: $1,100
- Area: 1,054
- BathsTotal: 1
- Beds Total: 2
- Features: Air Conditioning, Fireplace, Range, Refrigerator
- Units Total: 1
- School Information
- Elementary School: Howard
- Middle Or Junior School: Kelly
- High School: North Eugene
- Location Information
- Directions: River Rd, W on Silver, S on Greg
- Unparsed Address: 725/727 GREG WAY, Eugene, OR 97404
- Community Information
- Zoning: R1
Public facts
- Beds: 6
- Baths: 2.0
- Sq. Ft.: 2,108
- Stories: 1.0
- Lot Size: 10,454 square feet
- Style: Single Family Residential
- Year Built: 1962
- Year Renovated: 1965
- County: Lane County
- APN: 0388361
Other
- Listing Information
- MlsStatus: Sold
- Listing Price Information
- Price Type: List Price
Around this home
Schools
- K - 12
- Preschool & daycare
Public K-5 • Assigned • 0.6mi
Public 6-8 • Assigned • 0.6mi
Public 9-12 • Assigned • 0.4mi
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.
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Home values near 725/727 Greg Way
| Address | Redfin Estimate |
|---|---|
2 Beds | 1 Baths | 1110 Sq. Ft. | $405,371 |
3 Beds | 1.5 Baths | 1188 Sq. Ft. | $411,372 |
3 Beds | 1 Baths | 1071 Sq. Ft. | $408,505 |
3 Beds | 3 Baths | 1730 Sq. Ft. | $480,058 |
3 Beds | 2 Baths | 1635 Sq. Ft. | $444,599 |
3 Beds | 2 Baths | 1515 Sq. Ft. | $453,981 |
3 Beds | 1.5 Baths | 1189 Sq. Ft. | $389,499 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 1.5 Baths | 2056 Sq. Ft. | $470,480 |
3 Beds | 2.5 Baths | 1866 Sq. Ft. | $468,365 |
3 Beds | 2 Baths | 1403 Sq. Ft. | $428,295 |
3 Beds | 2 Baths | 1528 Sq. Ft. | $434,537 |
3 Beds | 2 Baths | 1283 Sq. Ft. | $414,384 |
3 Beds | 2 Baths | 1568 Sq. Ft. | $466,219 |
3 Beds | 1.5 Baths | 1303 Sq. Ft. | $426,426 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 1.5 Baths | 1244 Sq. Ft. | $395,023 |
3 Beds | 1.5 Baths | 2072 Sq. Ft. | $434,179 |
3 Beds | 1.5 Baths | 1605 Sq. Ft. | $426,600 |
3 Beds | 1.5 Baths | 1182 Sq. Ft. | $404,909 |
4 Beds | 2 Baths | 1992 Sq. Ft. | $456,668 |
3 Beds | 1.5 Baths | 1326 Sq. Ft. | $430,785 |
3 Beds | 2 Baths | 1458 Sq. Ft. | $431,347 |
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