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.
Pending
Price cut: $50K (9/3)
$549,000
1259 Monroe St, Eugene, OR 97402
4beds
2,358sqft
Multi Family
Built in 1915
-- sqft lot
$-- Zestimate®
$233/sqft
$-- HOA
What's special
Detached one-car garage
- 87 days
- 510
- 33
Zillow last checked:
Listing updated:
Listed by:
Mary Reilly 541-912-4140,
Windermere RE Lane County
Source: RMLS (OR),MLS#: 178796018
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Ductless, Heat Pump
Cooling
- Heat Pump, Air Conditioning
Appliances
- Included: Dishwasher, Washer/Dryer, Range, Refrigerator, Electric Water Heater
- Laundry: Common Area
Interior area
- Total structure area: 2,358
- Total interior livable area: 2,358 sqft
Property
Parking
- Total spaces: 1
- Parking features: Driveway, On Street
- Garage spaces: 1
- Has uncovered spaces: Yes
Features
- Stories: 2
Lot
- Features: Level, SqFt 5000 to 6999
Details
- Parcel number: 0271922
- Zoning: S-JW
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Other
- Foundation: Block
- Roof: Composition
Condition
- Updated/Remodeled
- Year built: 1915
Utilities & green energy
- Gas: Gas
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected
Community & HOA
Community
- Features: Laundry
- Security: Security Lights, Security System Owned
- Subdivision: Jefferson Westside Neighbors
HOA
- Has HOA: No
Location
- Region: Eugene
Financial & listing details
- Price per square foot: $233/sqft
- Tax assessed value: $580,832
- Annual tax amount: $3,968
- Date on market: 7/4/2026
- Cumulative days on market: 87 days
- Listing terms: Cash,Conventional,FHA
- Total actual rent: 1200
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/14/2026 | Pending sale | $549,000$233/sqft |
Source:  RMLS (OR) #336277211 Report a problem | ||
| 9/3/2026 | Price change | $549,000-8.3%$233/sqft |
Source: RMLS (OR) #336277211 Report a problem | ||
| 7/20/2026 | Price change | $599,000-4.2%$254/sqft |
Source: RMLS (OR) #336277211 Report a problem | ||
| 7/4/2026 | Listed for sale | $625,000+140.4%$265/sqft |
Source: RMLS (OR) #336277211 Report a problem | ||
| 10/12/2022 | Sold | $260,000-13.3%$110/sqft |
Source: RMLS (OR) #22576385 Report a problem | ||
| 9/8/2022 | Pending sale | $299,900$127/sqft |
Source: RMLS (OR) #22576385 Report a problem | ||
| 9/7/2022 | Listed for sale | $299,900$127/sqft |
Source: RMLS (OR) #22576385 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,968 +1.3% | $203,670 +3% |
| 2024 | $3,919 +2.6% | $197,738 +3% |
| 2023 | $3,819 +4% | $191,979 +3% |
| 2022 | $3,671 +6.5% | $186,388 +3% |
| 2021 | $3,448 -0.4% | $180,960 +3% |
| 2020 | $3,460 +3.5% | $175,690 +3% |
| 2019 | $3,342 +6.2% | $170,573 +3% |
| 2018 | $3,146 | $165,605 +3% |
| 2017 | $3,146 +4.7% | $160,782 +3% |
| 2016 | $3,005 +2.5% | $156,099 +3% |
| 2015 | $2,930 +3% | $151,552 +3% |
| 2014 | $2,846 +6.8% | $147,138 +3% |
| 2013 | $2,666 +7% | $142,852 +3% |
| 2012 | $2,491 | $138,691 +3% |
| 2011 | -- | $134,651 +3% |
| 2010 | -- | $130,729 +3% |
| 2009 | -- | $126,921 +3% |
| 2008 | -- | $123,224 +3% |
| 2007 | -- | $119,635 +3% |
| 2006 | -- | $116,150 +3% |
| 2005 | -- | $112,767 +3% |
| 2004 | -- | $109,483 +3% |
| 2003 | -- | $106,294 +3% |
| 2002 | -- | $103,198 +3% |
| 2001 | -- | $100,192 +3% |
| 2000 | -- | $97,274 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Jefferson Westside
Nearby schools
Schools provided by the listing agent
- Elementary: Cesar Chavez
- Middle: Arts & Tech
- High: Churchill
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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