1259 MONROE ST, Eugene, OR 97402

$549,000
4
BD
2
BA
2,358
SqFt

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List Price
$549,000
Status
ACTIVE
Days on Market
69
Price Change
▼ $50,000 1788497875
MLS#
336277211
Subtype
Single Family Residence
Style
1 Story, Craftsman
Year Built
1915
Bedrooms
4
Bathrooms
2
Full Baths
2
Living Area
2,358
Lot Size
6,098
Acres
0.14
Subdivision
JEFFERSON WESTSIDE NEIGHBORS
Neighborhood
JEFFERSON WESTSIDE NEIGHBORS
MLS Area Major
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

Interior Features
High Ceilings, Separate Living Quarters/Apartment/Aux Living Unit, Wall to Wall Carpet, Washer/Dryer
Exterior Features
Covered Patio, Fenced, Porch
Property Description
1 Story, Craftsman
Zoning
S-JW
Exterior Features
Covered Patio, Fenced, Porch
Stories
2
Parking
Driveway, On Street
Parking Features
Driveway, On Street
Garage Spaces
1
Elementary School
Cesar Chavez
Middle School
Arts & Tech
High School
Churchill

Listing courtesy of Windermere RE Lane County.

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