1259 MONROE ST, Eugene, OR 97402

$599,000
4
BD
2
BA
2,358
SqFt

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List Price
$599,000
Price Change
▼ $26,000 1784590611
Days on Market
23
Status
ACTIVE
MLS#
336277211
Rent
1200
Bedrooms
4
Bathrooms
2
Living Area
2,358
Lot Size
5, 000 to 6, 999 SqFt
Region
Lane Co: West Eugene

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, mostly furnished, with new heat pump & ductless mini-splits, plus new roof in 2023. There is an additional 524 sq ft and 3 rooms with potential for future expansion or an additional rental. The back home provides 880 sq ft, mostly furnished, 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.

Additional Information

Tax Amount
$3,968
Year Built
1915
High School
Churchill
Elementary School
Cesar Chavez
Middle School
Arts & Tech
Garage Spaces
1
Garage Type
Detached
Acres
0.14
Living Area
2,358
Stories
2
Subdivision
JEFFERSON WESTSIDE NEIGHBORS
Property Type
Single Family Residence
Terms
Cash, Conventional
Master Bedroom Level
Main
Cooling Description
Heat Pump, Mini Split
Fuel Description
Electricity, Gas
Heating Description
Forced Air, Heat Pump
Hot Water Description
Electricity
Exterior Description
Other
Roof Type
Composition
Sewer Description
Public Sewer
Style
1 Story, Craftsman
Parking
Driveway, On Street
Security Or Entry
Security Lights
Parking Description
Driveway, On Street
Road Surface
Paved
Exterior Features
Covered Patio, Fenced, Porch
Interior Features
High Ceilings, Separate Living Quarters/Apartment/Aux Living Unit, Wall to Wall Carpet, Washer/Dryer
Kitchen Appliances
Dishwasher, Free-Standing Gas Range, Island, Range Hood

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Calculator source: Real Geeks

Listing courtesy of Windermere RE Lane County.

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