1259 MONROE ST, Eugene, OR 97402
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1259 MONROE ST, Eugene, OR 97402
1259 MONROE ST, Eugene, OR 97402
1259 MONROE ST, Eugene, OR 97402
1259 MONROE ST, Eugene, OR 97402
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Kim Arscott | HYBRID REAL ESTATE

Kim Arscott | HYBRID REAL ESTATE

+1(541) 521-3567
Listed by Windermere RE Lane County • 541-912-4140
$ 599,000
Est. payment /mo
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Price Dropped by $26K

1259 MONROE ST Eugene, OR 97402

2,358 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,358 sqft

Price per Sqft $254

Subdivision Jefferson Westside Neighbors

MLS Listing ID 178796018

HOA Y/N No

Year Built 1915

Annual Tax Amount $3,968

Tax Year 2025

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.

Location

State OR

County Lane

Community Laundry

Area _245

Zoning S-JW

Interior

Heating Ductless, Heat Pump, Wall Heater

Cooling Heat Pump

Exterior

Garage Spaces 1.0

Community Features Laundry

Roof Type Composition

Garage No

Building

Lot Description Level, Public Road

Story 2

Foundation Block

Sewer Public Sewer

Water Public Water

Level or Stories 2

Schools

Elementary Schools Cesar Chavez

Middle Schools Arts & Tech

High Schools Churchill

Others

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Regional Multiple Listing Service (RMLS)
Kim Arscott | HYBRID REAL ESTATE

Kim Arscott | HYBRID REAL ESTATE

Principal Broker License ID: 201103127 | HYBRID REAL ESTATE

+1(541) 521-3567

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1259 MONROE ST