Skip main navigation
Active
  • $550,000

    488 Walnut Ln, Eugene, OR 97401

    5beds
    2,184sqft
    : 
    $3,766/mo
    Get pre-qualified
    Multi Family
    Built in 1915
    -- sqft lot
    $-- Zestimate®
    $252/sqft
    $-- HOA

    What's special

    Wood burning fireplaceCovered deckBeautifully landscapedFull basementAir conditioningLarge private deck
    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. Information subject to change, Buyer to verify all information to their satisfaction.
    24 days
    |
    1,203
    |
    42
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Michael O'Connell Jr. 541-345-8100,

    RE/MAX Integrity

    Source: RMLS (OR),MLS#: 227518442MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 3
      • Full bathrooms: 2
      • Partial bathrooms: 1
      Heating
      • Forced Air, Fireplace(s)
      Cooling
      • Central Air, Air Conditioning
      Appliances
      • Included: Electric Water Heater
      • Laundry: Washer Dryer Hookup
      Features
      • Flooring: Hardwood
      • Basement: Full,Partially Finished,Storage Space
      Interior area
      • Total structure area: 2,184
      • Total interior livable area: 2,184 sqft

      Property

      Parking
      • Parking features: Off Street, On Street
      • Has uncovered spaces: Yes
      Features
      • Stories: 2
      • Patio & porch: Deck
      • Has view: Yes
      • View description: City, Territorial
      Lot
      • Size: 6,969 Square Feet
      • Features: Level, SqFt 7000 to 9999
      Details
      • Parcel number: 1771466
      • Zoning: R-1

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Wood Siding
      • Foundation: Concrete Perimeter
      • Roof: Composition
      Condition
      • Year built: 1915

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Location
      • Region: Eugene

      Financial & listing details

      • Price per square foot: $252/sqft
      • Tax assessed value: $522,486
      • Annual tax amount: $4,835
      • Date on market: 7/24/2026
      • Listing terms: Cash,Conventional,FHA,VA Loan
      • Total actual rent: 3045
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/24/2026Listed for sale$550,000+71.3%$252/sqft
        Source: RMLS (OR) #227518442 Report a problem
        9/30/2005Sold$321,000$147/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,835 +1.3%$248,176 +3%
        2024$4,775 +2.6%$240,948 +3%
        2023$4,654 +4%$233,931 +3%
        2022$4,474 +6.5%$227,118 +3%
        2021$4,202 -0.4%$220,503 +3%
        2020$4,217 +3.5%$214,081 +3%
        2019$4,072 +6.2%$207,846 +3%
        2018$3,833 $201,793 +3%
        2017$3,833 +4.7%$195,916 +3%
        2016$3,662 +2.5%$190,210 +3%
        2015$3,571 +3%$184,670 +3%
        2014$3,468 +5.8%$179,291 +3%
        2013$3,277 +17.3%$174,069 +3%
        2012$2,795 $168,999 +3%
        2011-- $164,077 +3%
        2010-- $159,298 +3%
        2009-- $154,658 +3%
        2008-- $150,153 +3%
        2007-- $145,780 +25.1%
        2006-- $116,554 -20.2%
        2005-- $145,979 +3%
        2004-- $141,727 +3%
        2003-- $137,599 +3%
        2002-- $133,591 +3%
        2001-- $129,700 +3%
        2000-- $125,922
        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.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Harlow

        Getting around

        60 / 100
        Somewhat Walkable
        39 / 100
        Some Transit
        87 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Bertha Holt
        • Middle: Monroe
        • High: Sheldon

        Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

        A local agent can set up tours, give advice and negotiate with sellers.

        A local lender can help you make sure your offer is ready when you are.

        Browse local experts

        Similar homes