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  • $505,000

    518 W 23rd Ave, Eugene, OR 97405

    4beds
    1,546sqft
    Residential, Single Family Residence
    Built in 1938
    4,356 Square Feet Lot
    $510,600 Zestimate®
    $327/sqft
    $2,682 Estimated rent

    Home value

    $510,600

    $470,000 - $557,000

    $2,682/mo

    Zestimate® history
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    What's special

    Nestled on a quiet corner lot in one of Eugene's most desirable and walkable neighborhoods. Perfectly located on College Hill in the Friendly neighborhood, this 4 bedroom, 2 bathroom home offers a fantastic opportunity for both comfortable living and savvy investment. Just a short stroll from the University of Oregon, this two story residence blends modern updates with original character. The main level features a spacious living area, kitchen, three bedrooms and a full bath. The home's lower level offers ample storage throughout and includes the largest bedroom, a full bathroom, laundry/utility room, and an additional large living area with full kitchenette. The downstairs area also has its own private entrance from the driveway, providing flexibility for a variety of living arrangements. Enjoy the best of both worlds with a home that offers seamless indoor-outdoor living and urban convenience. The exterior deck area is perfect for enjoying a morning coffee & sunrises or watching spectacular evening sunsets. Relax at home knowing you're just a quick walk to numerous Markets, vibrant restaurants, local shops & a beautiful park just a few blocks away, making it easy to enjoy the outdoors without ever getting in your car. Ductless Heating & Cooling System, new Electrical Panel in 2016 plus some newer flooring & paint. Strong Proven Rental demand.

    Zillow last checked:

    Listing updated:

    Listed by:

    Donna Hodges 541-974-3216,

    MORE Realty, Inc.

    Bought with:

    River Molyneaux, 201244874

    Windermere RE Lane County

    Source: RMLS (OR),MLS#: 295828837MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 1
    Rooms
    • Room types: Bedroom 4, Laundry, Bedroom 2, Bedroom 3, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
    Primary bedroom
    • Level: Main
    Bedroom 2
    • Level: Main
    Bedroom 3
    • Level: Main
    Bedroom 4
    • Level: Lower
    Dining room
    • Level: Main
    Family room
    • Level: Lower
    Kitchen
    • Level: Main
    Living room
    • Level: Main
    Heating
    • Mini Split, Zoned
    Cooling
    • Has cooling: Yes
    Appliances
    • Included: Disposal, Free-Standing Gas Range, Free-Standing Refrigerator, Gas Appliances, Stainless Steel Appliance(s), Washer/Dryer, Electric Water Heater
    Features
    • High Speed Internet
    • Flooring: Hardwood, Laminate, Vinyl, Wall to Wall Carpet, Wood
    • Windows: Double Pane Windows, Vinyl Frames
    • Basement: Daylight,Finished
    • Furnished: Yes
    Interior area
    • Total structure area: 1,546
    • Total interior livable area: 1,546 sqft

    Property

    Parking
    • Parking features: Driveway, On Street
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: Ground Level, Main Floor Bedroom Bath, Minimal Steps, Natural Lighting, Accessibility
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Deck
    • Exterior features: Yard
    • Has view: Yes
    • View description: Territorial, Trees/Woods
    Lot
    • Size: 4,356 Square Feet
    • Dimensions: 4356 sf
    • Features: Corner Lot, Gentle Sloping, Level, Trees, SqFt 3000 to 4999
    Details
    • Additional structures: ToolShed, Furnished
    • Parcel number: 1878006
    • Zoning: R1

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Contemporary
    • Property subtype: Residential, Single Family Residence
    Materials
    • Lap Siding, Wood Siding
    • Foundation: Slab, Stem Wall
    • Roof: Composition
    Condition
    • Resale
    • New construction: No
    • Year built: 1938

    Utilities & green energy

    • Gas: Gas
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Connected, DSL

    Community & HOA

    Community
    • Subdivision: Friendly Area Neighbors
    HOA
    • Has HOA: No
    Location
    • Region: Eugene

    Financial & listing details

    • Price per square foot: $327/sqft
    • Tax assessed value: $620,432
    • Annual tax amount: $3,025
    • Date on market: 9/22/2025
    • Cumulative days on market: 41 days
    • Listing terms: Cash,Conventional
    • Road surface type: Paved

    Price history

    DateEventPrice
    7/30/2026Listing removed$1,600$1/sqft
    Source: Zillow Rentals Report a problem
    6/16/2026Listed for rent$1,600$1/sqft
    Source: Zillow Rentals Report a problem
    2/6/2026Listing removed$1,600$1/sqft
    Source: Zillow Rentals Report a problem
    12/21/2025Listed for rent$1,600$1/sqft
    Source: Zillow Rentals Report a problem
    12/12/2025Sold$505,000-5.5%$327/sqft
    Source: RMLS (OR) #295828837 Report a problem
    11/2/2025Pending sale$534,500$346/sqft
    Source: RMLS (OR) #295828837 Report a problem
    9/22/2025Listed for sale$534,500+16.2%$346/sqft
    Source: RMLS (OR) #295828837 Report a problem
    1/25/2022Sold$460,000-5.6%$298/sqft
    Source: RMLS (OR) #21454506 Report a problem
    12/18/2021Pending sale$487,500$315/sqft
    Source: RMLS (OR) #21454506 Report a problem
    11/5/2021Listed for sale$487,500+50%$315/sqft
    Source: RMLS (OR) #21454506 Report a problem
    11/2/2016Sold$325,000+25%$210/sqft
    Source: RMLS (OR) #16501177 Report a problem
    2/27/2015Sold$259,900$168/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,159 +1.3%$162,125 +3%
    2024$3,120 +2.6%$157,403 +3%
    2023$3,040 +4%$152,819 +3%
    2022$2,922 +6.5%$148,368 +3%
    2021$2,745 -0.4%$144,047 +3%
    2020$2,755 +3.5%$139,852 +3%
    2019$2,660 +6.2%$135,779 +3%
    2018$2,504 $131,825 +3%
    2017$2,504 +4.7%$127,985 +1.8%
    2016$2,392 $125,661
    Find assessor info on the county website

    Neighborhood: Friendly Area

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Adams
    • Middle: Roosevelt
    • High: South Eugene

    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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