About This Home
This 4-bedroom, 2-bathroom residential multi family at 1259 MONROE St in Eugene, OR is listed for $625,000 ($265 per sqft). Built in 1915, the home offers 2,358 sqft of living space on a N/A lot.
Key Features
- Built in 1915
- 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, 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.
Monthly Cost Estimate
$3,343/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1259 MONROE St
Eugene, OR 97402
JEFFERSON WESTSIDE NEIGHBORS
Property Details
Heating
Cooling
Questions & Answers
This 4-bedroom, 2-bathroom residential multi family at 1259 MONROE St is listed at $625,000 ($265/sqft). The estimated monthly payment is $3,342 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1915, 2 stories.
This property is listed by Mary Reilly and can be reached at 5419124140.