655 MONROE ST, Eugene, OR 97402

$475,000
2,424
SqFt

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List Price
$475,000
Days on Market
129
MLS#
726412931
Property Type
Multifamily
Sqft. of Residence
2,424
Lot Size
3, 000 to 4, 999 SqFt
Region
Lane Co: East Eugene
Status
ACTIVE

Property Description

WHITEAKER CHARM WITH STRONG CASH FLOW AND DESIGNER LEVEL UPGRADES. This beautifully restored 1890 Queen Anne offers the rare combination of historic character, modern finishes, and proven income performance. The downstairs 3 bedroom, 1 bath unit has been completely remodeled and operates as a successful short term rental averaging approximately $2,900 per month. Thoughtfully redesigned from top to bottom, it features all new flooring, fresh interior paint, upgraded trim, curated designer lighting, and elevated hardware throughout. The kitchen showcases new cabinetry, solid surface countertops, a stylish tile backsplash, and a full suite of new stainless steel appliances. The bathroom has been tastefully renovated with updated vanity, fixtures, mirrors, and contemporary finishes that create a polished, move in ready experience. Furnishings are negotiable, offering flexibility for a seamless transition to the next owner. Upstairs, the 1 bedroom, 1 bath unit is occupied by a long term tenant paying $700 per month, providing consistent baseline income and added stability. Located just moments from Sweet Life, the Beer Garden, parks, and downtown Eugene, this property delivers both lifestyle appeal and investment strength. Financials available upon request. Showings available with accepted offer due to occupied long term tenant.

Additional Information

Tax Amount
$3,469
Year Built
1890
High School
North Eugene
Elementary School
River Road
Middle School
Kelly
Acres
0.09
Living Area
2,424
Stories
2
Subdivision
Whitaker
Terms
Cash, Conventional, FHA, VA Loan
Cooling Description
Mini Split, Window Unit(s)
Fuel Description
Electricity
Heating Description
Mini Split, Wall Heater
Hoa Rent Includes
None
Hot Water Description
Electricity, Tank
Exterior Description
Wood Siding
Roof Type
Composition
Sewer Description
Public Sewer
Parking
On Street
Security Or Entry
Entry, Sidewalk
Parking Description
On Street
Road Surface
Paved
Number Of Units Total
2
Unit Type One Baths Total
1
Unit Type One Beds Total
3
Unit Type One Rent
2922
Unit Type One Sq Ft
199
Unit Type One Units Total
1
Unit Type Two Baths Total
1
Unit Type Two Beds Total
1
Unit Type Two Units Total
1

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Listing courtesy of Real Broker.

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