# 488 WALNUT Ln, Eugene, OR 97401

> **TL;DR:** 5bd/3ba residential multi family, $550,000 ($252/sqft), built 1915, 2,184 sqft.
> View, A/C. Est. $2,941/mo. Listed 1 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $550,000 |
| Price/sqft | $252 |
| Bedrooms | 5 |
| Bathrooms | 3 full |
| Square Feet | 2,184 |
| Year Built | 1915 |
| Lot Size | 6,970 sqft (0.16 acres) |
| Stories | 2 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 1 |

## Why This Home Stands Out

- **Views** - City, Territorial

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $2,781 |
| Estimated Insurance | $160 |
| **Total** | **$2,941** |

## Nearby Schools

- **Elementary:** Bertha Holt
- **Middle:** Monroe
- **High:** Sheldon

## Key Amenities

- View
- A/C

## Property Highlights

- Built in 1915
- 0.16 acre lot
- 2 stories

## Description

### Agent Description
Ultra rare duplex in one of Eugene's very best Sheldon area neighborhoods. Surrounded by single family, pride of ownership, quality homes. Main level, 3 bedroom unit with 1 1/2 baths. Wood burning fireplace, air conditioning, covered deck AND full basement ADDITIONAL 540 sq. ft. of finished and unfinished space not included in total. Upper unit features 2 bedrooms, 1 bath, air conditioning and large private deck. Over $30,000 in recent upgrades. Beautifully landscaped. A wonderful opportunity to live in an expensive area with income supplement or an outstanding investment. Seller is a licensed Principal Broker in Oregon on active status.

## Location

- **Address:** 488 WALNUT Ln, Eugene, OR 97401
- **County:** Lane
- **Coordinates:** 44.067712, -123.067272
- **Google Maps:** https://www.google.com/maps?q=44.067712,-123.067272

## Listing Agent

- **Name:** Michael O'Connell Jr.
- **Brokerage:** RE/MAX Integrity
- **Phone:** 5419530350

## Primary Photo

![488 WALNUT Ln - Primary Photo](http://lh.rdcpix.com/9031b4cb67c01a84e16d46b0841ee45el-f2376501020r.jpg)

*21 total photos available on [listing page](https://www.propertysimple.ai/listing/488-walnut-ln-eugene-or-97401-27518442)*

---

**MLS#:** 227518442 | **Updated:** 2026-08-01
**Source:** listhub

*Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/488-walnut-ln-eugene-or-97401-27518442)

---

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