About This Home
This 4-bedroom, 2-bathroom single family at 1259 MONROE St in Eugene, OR is listed for $549,000 ($233 per sqft). Built in 1915, the home offers 2,358 sqft of living space on a 0.14 acres lot.
Key Features
- Built in 1915
- 0.14 acre lot
- 2 stories
Property Details
Amenities
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.
Monthly Cost Estimate
$2,936/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1259 MONROE St
Eugene, OR 97402
JEFFERSON WESTSIDE NEIGHBORS
Features & Amenities
Interior Features
Exterior Features
Property Details
Outdoor Features
Heating
Cooling
Appliances
Questions & Answers
This 4-bedroom, 2-bathroom single family at 1259 MONROE St is listed at $549,000 ($233/sqft). The estimated monthly payment is $2,936 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1915, 0.14 acre lot, 2 stories. Interior Features: HighCeilings, SeparateLivingQuartersApartmentAuxLivingUnit, WalltoWallCarpet. Exterior Features: CoveredPatio, Fenced, Porch.
This property is listed by Mary Reilly and can be reached at 5419124140.
