Movoto Real Estate
Sold on 09/14/2026
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1259 Monroe St, Eugene, OR 97402

$549,000

Last sold 09/14/2026 after 72 Days

  • —

    bed

  • —

    bath

  • 2,358

    Sqft ($233/Sqft)

Multi-family not for sale

About 1259 Monroe St

Property type Multi-family
Neighborhood
Year built 1915
HOA fee $0/month
Parking 1 garage spaces
Rental estimate
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, 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.
Listed by
Listing Agent - Mary Reilly
Listing Agent Contact: 541-912-4140
Listing Office - Windermere RE Lane County
Source: RMLS mls logo
MLS#178796018 • last updated 3 weeks ago
Movoto checked RMLS for data 6 minutes ago
Overview
Cooling/AC Heat Pump
Heating Ductless, HeatPump, WallHeater
MLS # 178796018
Type Multi Family
Status Sold
Property Tax 3968.27
Year Built 1915
Exterior
Roof Composition
# Parking Spaces 1
# Garage Spaces 1
Exterior Features Other
Lot Desc Level, PublicRoad
Amenities / Utilities
Hot Water Electricity
Sewer/ Septic Public Sewer
Water Source Public Water
Location
County Lane
Community Features Laundry
Subdivision JEFFERSON WESTSIDE NEIGHBORS
Area 245 - Lane Co: West Eugene
Elementary School Cesar Chavez
Middle School Arts & Tech
High School Churchill
Zoning S-JW
Directions 13th Ave To Monroe Or 11th Ave To Monroe
APN 271922
Multifamily Details
Unit Type 1: # Bedrooms 2
Unit Type 1 : Total Baths 1
Unit Type 2: # Bedrooms 2
Unit Type 2: Total Baths 1
Unit Type 2: Rent 1200
Total # of Units 2
Gross Rent Multiplier 38.13
Gross Scheduled Income 38400
Gross Income 14400
Lot/ Land Details
Road Surface Paved
We are not permitted to show value estimates for this property.
  • Oct 2026
    mls logo MLS # 178796018
  • Oct 19, 2026 Sold
    $549,000
  • Sep 14, 2026 Pending
    —
  • Sep 3, 2026 Price Change
    $549,000 (-8.3%)
  • Jul 20, 2026 Price Change
    $599,000 (-4.2%)
  • Jul 4, 2026 Listed
    $625,000 (+140.4%)
  • Sep 2026
    mls logo MLS # 336277211
  • Sep 14, 2026 Pending
    —
  • Jul 4, 2026 Listed
    $625,000
  • Oct 2022
    mls logo MLS # 22576385
  • Oct 14, 2022 Sold
    $260,000
  • Sep 8, 2022 Pending
    —
  • Aug 13, 2022 Listed
    $299,900
  • Oct 2022
    Public Records
  • Oct 12, 2022 Sold
    $260,000 (-13.3%)
  • Sep 2022
    mls logo MLS # 22171150
  • Sep 3, 2022 Listed
    —
  • Aug 29, 2022 Pending
    —
  • Aug 22, 2022 Listed
    —
  • Aug 19, 2022 Pending
    —
  • Aug 13, 2022 Listed
    $299,900
  • Year Property taxes Tax assessment
  • 2024
    $3,919 +2.6%
    $197,738 +3.0%
  • 2023
    $3,819 +4.0%
    $191,979 +3.0%
  • 2022
    $3,671 +6.5%
    $186,388 +3.0%
  • 2021
    $3,448 -0.4%
    $180,960 +3.0%
  • 2020
    $3,460 +3.5%
    $175,690 +3.0%
  • 2019
    $3,342 +6.2%
    $170,573 +6.09%
  • 2018
    $3,146 +4.7%
    $160,782
  • 2017
    $3,005 +2.5%
    $160,782 +3.0%
  • 2016
    $2,930 +3.0%
    $156,099
  • 2015
    $2,846
    —
  • 1259 Monroe St
    $549K
  • Jefferson Westside
    $522K +33% y/y
  • 97402
    $434K +4% y/y
  • Eugene
    $508K 0% y/y
No chart available
Statistics calculated by Movoto

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Source: GreatSchools.org © 2026. All rights reserved.

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