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About this home
Rare opportunity to own a well-maintained duplex in the gated community of Lake Shore Estates with both units vacant and ready for immediate occupancy. Whether you're looking to live in one side and rent the other, lease both units, or accommodate extended family, this property offers exceptional flexibility from day one.Each unit features 2 beds, 1 bath, private patios, and attached single-car garages with laundry. Unit 1880 offers a tub/shower combination, while Unit 3328 Lake Glenn features a walk-in shower. Enjoy the benefits of low-maintenance living along with community amenities including a common area to sit and enjoy lake views, and a scenic lakeside walking path.Don't miss this unique opportunity to own a move-in-ready duplex in one of the area's most desirable gated communities
Multi-familyProperty Type
1998Year Built
5,227 sq ftLot Size
$248Price/Sq.Ft.
2 car garageParking
Listed by Kristin Clark• John L. Scott Portland Central
Betty Lou Duncan • Keller Williams The Cooley Real Estate Group
Around this home
Schools
K - 12
Preschool & daycare
Gilham Elementary School
Public K-5 • Assigned • 0.4mi
7/10
Cal Young Middle School
Public 6-8 • Assigned • 0.8mi
6/10
Sheldon High School
Public 9-12 • Assigned • 1.4mi
6/10
Provided by GreatSchools
About Northeast
Eugene
Northeast Eugene, located between the Willamette River and the McKenzie River, is a residential and university-adjacent Eugene neighborhood with leafy streets and river-trail access. The neighborhood’s character concentrates around the Oakway Center area near Oakway Road and Coburg Road, where boutiques, cafes, and patios create a polished, walkable pocket. Mid-century ranch homes and classic bungalows mix with newer townhomes along calm, tree-lined blocks. Alton Baker Park and the Ruth Bascom Riverbank Path System shape daily routines with open lawns, bridges, and long runs beside the water. The Hult Center for the Performing Arts and the Shelton McMurphey Johnson House add a cultural throughline beyond the shopping streets. Food and coffee rituals often orbit local staples such as Hideaway Bakery and Prince Pückler’s Ice Cream.
Provided by Walk Score and Local Logic
Market insights
1880 Lake Cove Ave · $559,000
DAYS ON MARKET
377 days
The average home goes pending in 17 days.
SALE-TO-LIST
99.9%
Most homes are selling 0% below list price.
LIST PRICE
$609,000
Median list price in this area is $492,743. (19% lower than this home)
PRICE DROP
2 price drops
29% 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
Crawl space basement
Bedrooms
Each unit has 2 bedrooms
Bathrooms
Each unit has 1 bathroom
Kitchen
Each unit includes a range
Each unit includes a dishwasher
Each unit includes a refrigerator
Heating & cooling
Forced air and heat pump heating
Central air and heat pump cooling
Gas hot water
Exterior features
Brick, lap siding and wood siding exterior
Tile roof
Corner lot located in a gated community with level terrain
Commons and front yard landscaping
Paved road access
Home design
Multi-family property
Not attached
Built in 1998
Parking
Detached or attached 2-car garage (2 garage spaces total)
Security
Entry and security gate
Construction
Built in 1998
Utilities
Public water
Public sewer
DSL internet
Gas fuel
HOA & community
HOA: Lake Shore Estates Homeowners Assoc.
HOA includes maintenance of grounds and trash collection
Financial info
Two-unit property with current rents reported ($1,695 and $1,650)
Cap rate listed at 4.0 and gross rent multiplier 15.17
Other
Zoning: R_2 PD
Electricity and solar
View estimated energy costs and solar savings for this home
The purpose of the R-2 Medium-Density Residential zone is to implement the comprehensive plan by providing areas for medium-density residential use and encourage a variety of dwelling types. The R-2 zone is also intended to provide a limited range of non-residential uses to help provide services for residents and enhance the quality of the medium-density residential area.
Zone overlays
Planned Unit Development Overlay Zone
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Housing-Senior
Infrastructure-Other
Public service
Fire house
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.15% chance of being 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 • 97408
Average low and high temperatures (°F)
47
33
51
37
58
41
64
42
70
47
78
51
87
56
88
58
79
53
66
45
53
42
50
40
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
54/ 100
Moderate sunlight
Sunscore
There appears to be some shading by surrounding buildings, terrain, and vegetation.
7.5 hrs
4.3 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 1880 Lake Cove Ave
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $560,000 and $825,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $560K to $825K.