1259 MONROE ST, Eugene, OR 97402
- $599,000
- 2,358
- SqFt
- List Price
- $599,000
- Price Change
- ▼ $26,000 1784590611
- Days on Market
- 23
- MLS#
- 178796018
- Property Type
- Multifamily
- Sqft. of Residence
- 2,358
- Lot Size
- 5, 000 to 6, 999 SqFt
- Region
- Lane Co: West Eugene
- Status
- ACTIVE
Property Description
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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Additional Information
- Tax Amount
- $3,968
- Year Built
- 1915
- High School
- Churchill
- Elementary School
- Cesar Chavez
- Middle School
- Arts & Tech
- Garage Spaces
- 1
- Living Area
- 2,358
- Stories
- 2
- Subdivision
- JEFFERSON WESTSIDE NEIGHBORS
- Terms
- Cash, Conventional, FHA
- Cooling Description
- Heat Pump
- Fuel Description
- Electricity, Gas
- Heating Description
- Ductless, Heat Pump, Wall Heater
- Hoa Rent Includes
- None
- Hot Water Description
- Electricity
- Exterior Description
- Other
- Roof Type
- Composition
- Sewer Description
- Public Sewer
- Parking
- Driveway, On Street
- Security Or Entry
- Security Lights, Security System Owned
- Parking Description
- Driveway, On Street
- Road Surface
- Paved
- Number Of Units Total
- 2
- Unit Type One Baths Total
- 1
- Unit Type One Beds Total
- 2
- Unit Type One Sq Ft
- 954
- Unit Type One Units Total
- 1
- Unit Type Two Baths Total
- 1
- Unit Type Two Beds Total
- 2
- Unit Type Two Units Total
- 1
Mortgage Calculator
Listing courtesy of Windermere RE Lane County.
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