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New listingActive (ACT)Multi FamilyLane County

55 Federal Ln

Eugene, OR 97404

$585,000

Sqft
3,238
Price / sqft
$181
Lot
0.5 ac
Built
1928

0 days on market

This house is listed as active on RMLS. Confirm it is still available before you tour.

The Team Burke take

This address is for sale in Eugene, OR 97404. 3,238 sqft, 0.5 ac, Built 1928. Team Burke reads it as Eugene pocket — not a citywide average.

Elementary: Spring Creek; Middle: Madison; High: North Eugene. Those names come from the listing. They are not a guarantee of attendance.

Related pages

The listing remarks

Eugene Investment Property 55 & 75 Federal Eugene, OR | 3 Rental Units | $4,545 Monthly Rental Income | Multi-Family Development Potential!Exceptional opportunity to own an income-producing investment property in Eugene, Oregon, featuring 2 separate homes, 3 rental units, and a vacant lot with future development potential! Currently generating $4,545 per month in rental income ($54,540 annually), this versatile property offers immediate cash flow, multiple income streams, and exciting opportunities for expansion.Home #1 – 1,718 Sq. Ft. | 2 Rental Units | 2-Car GarageThis property features two separate rental units. The upper-level unit offers 2 bedrooms and 1 bathroom, while the lower-level unit includes 1 bedroom, 1.5 bathrooms, and 4 additional unfinished rooms. Lower-level rental photos coming soon!Home #2 – 1,520 Sq. Ft. | 4 Bedrooms | 2 BathroomsThe second home features a spacious floor plan, updated kitchen, private fenced yard, and ample parking, making it an attractive rental property. All renters are long term and would like to stay. Additional Rental Income & Development Opportunities!The vacant lot provides potential for additional construction, including a duplex while maintaining the existing homes. Investors and developers may also explore subdividing the property through the City of Eugene, with preliminary subdivision costs estimated at approximately $30,000. Depending on zoning, feasibility, and city approvals, additional duplex or fourplex development may be possible.2 Homes | 3 Rental Units | $54,540 Annual Rental Income | Vacant Lot | Future Development PotentialProperty information provided by the seller. Buyer to independently verify rental income, zoning, permitted uses, rental unit status, subdivision costs, development feasibility, and building requirements with the City of Eugene and appropriate authorities. All future development is subject to applicable approvals.

Listing snapshot

Type
Multi Family
Status
Active (ACT)
Year built
1928
Lot
0.5 ac
Parking spaces
2
Stories
2
Water
Public Water
Sewer
Public Sewer
Heat
Zoned
Roof
Composition
Terms
Cash,Conventional
Price / sqft
$181
Property tax
$4,124
County
Lane
Zoning
R1
Condition
Updated Remodeled
MLS®
193139505

Heating & cooling

  • Zoned

Construction

  • Composition

Parking

  • Detached,Off Street

Utilities

  • Public Water
  • Public Sewer

The house, in pictures

On the map

55 FEDERAL LN, Eugene, OR 97404

Satellite map of 55 FEDERAL LN, Eugene, OR 97404

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Listing courtesy of Emily Williamson, Hybrid Real Estate · 541-343-0322 · RMLS

RMLS

Listing courtesy of Emily Williamson, Hybrid Real Estate · 541-343-0322. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by RMLS. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than Triple Oaks Realty are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS, Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified.

This content last updated on Nov 2, 2026, 9:03 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Provided by Triple Oaks Realty.

Questions about this house

Is 55 FEDERAL LN, Eugene, OR 97404 still for sale?+

This house is listed as active on RMLS. Confirm it is still available before you tour.

What neighborhood is this Eugene house in?+

Eugene. Eugene's neighborhoods offer different combinations of home styles, terrain, nearby services, and access to the places you use every day. A hillside property in South Eugene will feel different from a home near campus or a larger lot in the north part of town. Guide: teamburke.org/neighborhoods/eugene Homes: teamburke.org/homes-for-sale-eugene-oregon Living: teamburke.org/living-in-eugene-oregon

How should I read this list price?+

Last three solds on this street type, same bed count, same condition. A zip median is not this house. Call Team Burke for the comps.

Who should I call about this house?+

Team Burke at Triple Oaks Realty. Call 541-968-0423. We will tell you whether to tour, write, or walk.

Neighborhood & commute

Eugene

Eugene's neighborhoods offer different combinations of home styles, terrain, nearby services, and access to the places you use every day. A hillside property in South Eugene will feel different from a home near campus or a larger lot in the north part of town.

Open the Eugene guide

The drive

Try the route at the time you expect to use it. Hills, river crossings, and weekday traffic can change a trip that looks short on a map.

Schools

From the RMLS listing

  • Elementary · Spring Creek
  • Middle · Madison
  • High · North Eugene

Not a guarantee of attendance. Confirm the address with the district.

District map →

Who it fits

Eugene's neighborhoods offer different combinations of home styles, terrain, nearby services, and access to the places you use every day. A hillside property in South Eugene will feel different from a home near campus or a larger lot in the north part of town.

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