1259 Monroe St, Eugene, OR 97402

Eugene
Local realty services provided by:ERA Freeman & Associates, Realtors
1259 Monroe St,Eugene, OR 97402
$549,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Sold
Listed by: mary reilly
Office: windermere re lane county541-484-2022
MLS#:178796018
Source:PORTLAND

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Price summary

  • Price:$549,000

About this home

Fantastic opportunity for owner-investors or seasoned investors. This property features two updated 2-bed/1-bath units, each with its own washer/dryer, in a highly desirable location boasting an 80 Walk Score and 100 Bike Score. Two addresses (1259 and 1261) and two meters for utilities. Just one mile from the University of Oregon and near the Lane County Historical Museum and Lane Events Center. The front home offers 954 sq ft of living space, partially furnished, with new heat pump & ductless mini-splits, plus new roof in 2023. There is an additional 524 sq ft of unfinished area with potential for future expansion or an additional rental. The back home provides 880 sq ft and a reliable long-term tenant. The property includes a detached one-car garage, great neighbors, and strong income-generation potential which make this a standout investment in an exceptionally convenient location. Do not disturb tenant in back house.

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Home facts

  • Year built:1915
  • Subdivision & Development:JEFFERSON WESTSIDE NEIGHBORS
  • Listing ID #:178796018
  • Added:114 day(s) ago
  • Updated:October 27, 2026 at 06:48 AM

Heating and cooling

  • Cooling:Heat Pump
  • Heating:Ductless, Heat Pump

Structure and exterior

  • Roof:Composition
  • Year built:1915
  • Lot Features:Level, Public Road
  • Foundation Description:Block
  • Levels:2 Stories

Schools

  • High school:Churchill
  • Middle school:Arts & Tech
  • Elementary school:Cesar Chavez

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$549,000
  • Tax amount:$3,968 (2025)

Parking

  • Total parking spaces:1
  • Parking description:Driveway, On street
  • Garage spaces:1
MLS LogoAll information provided is deemed reliable but is not guaranteed and should be independently verified. 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 ERA Freeman & Associates, Realtors are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright 2026 RMLS, Portland, Oregon. Last updated: October 27, 2026

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