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Sold on 12/27/2025
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2905 Pearl St, Eugene, OR 97405

$480,000

Last sold 12/27/2025 after 155 Days

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    bed

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    bath

Multi-family not for sale
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About 2905 Pearl St

Property type Multi-family
Neighborhood
Year built 1952
HOA fee $0/month
Lot size 8,276 Sqft
Rental estimate
Property description
Thoughtful upgrades elevate the appeal of this well-located South Eugene duplex. The refreshed E 29th unit features new kitchencabinets, stainless-steel countertops, sink, Marmoleum flooring, pantry, added entry closet, updated second-bedroom flooring and closet layout, plus new sheetrock, trim, lighting, and paint. Both units offer original wood floors, fenced yards, and dedicated storage. Positioned near parks, trails, shopping, and daily services, this turnkey duplex has a strong rental history with low vacancy rates and offers flexibilty flexibility for investors or owner-occupants.
Listed by
Listing Agent - Venus McBride
Listing Office - HORSEPOWER REAL ESTATE
Source: RMLS mls logo
MLS#589706703 • last updated 7 months ago
Movoto checked RMLS for data 13 minutes ago
Overview
Cooling/AC Wall Unit(s)
Heating WallHeater, Zoned
MLS # 589706703
Type Multi Family
Status Sold
Lot Size (SqFt) 8276
Lot Size (Acres) 0.19
Property Tax 3381.61
Year Built 1952
Exterior
Roof Composition
# Parking Spaces 4
Exterior Features CementSiding, ShakeSiding, T111Siding
Lot Desc CornerLot, Level, OnBusline
Amenities / Utilities
Hot Water Electricity
Sewer/ Septic Public Sewer
Water Source Public Water
Location
View City
County Lane
Area 244 - Lane Co: Southwest Eugene
Elementary School Adams
Middle School Roosevelt
High School South Eugene
Zoning R-1
Directions Corner Of E. 29th Ave. And Pearl St.
APN 631737
Multifamily Details
Unit Type 1: # Bedrooms 3
Unit Type 1 : Total Baths 1
Unit Type 2: # Bedrooms 2
Unit Type 2: Total Baths 1
Unit Type 1: Rent 2000
Unit Type 2: Rent 1350
Total # of Units 2
Gross Rent Multiplier 11.86
Net Operating Income 31750
Operating Expense 9470
Gross Income 41220
Cap Rate 6.49
Lot/ Land Details
Road Surface Paved
We are not permitted to show value estimates for this property.
  • Jan 2026
    mls logo MLS # 589706703
  • Jan 14, 2026 Sold
    $480,000 (-1.8%)
  • Dec 27, 2025 Pending
    —
  • Oct 18, 2025 Price Change
    $489,000 (-1.8%)
  • Sep 10, 2025 Listed
    —
  • Aug 29, 2025 Pending
    —
  • Aug 25, 2025 Price Change
    $498,000 (-5.1%)
  • Jul 25, 2025 Listed
    $525,000 (+133.3%)
  • Feb 2007
    Public Records
  • Feb 16, 2007 Sold
    $225,000
  • Year Property taxes Tax assessment
  • 2025
    $3,424 +1.3%
    $175,746 +3.0%
  • 2024
    $3,382 +2.6%
    $170,628 +3.0%
  • 2023
    $3,295 +4.0%
    $165,659 +3.0%
  • 2022
    $3,168 +6.5%
    $160,834 +3.0%
  • 2021
    $2,976 -0.4%
    $156,150 +3.0%
  • 2020
    $2,986 +3.5%
    $151,602 +3.0%
  • 2019
    $2,884 +6.2%
    $147,187 +6.09%
  • 2018
    $2,715 +4.7%
    $138,738
  • 2017
    $2,593 +2.5%
    $138,738 +3.0%
  • 2016
    $2,529 +3.0%
    $134,697
  • 2015
    $2,456
    —
  • 2905 Pearl St
    $480K
  • Southeast Eugene
    $545K +6% y/y
  • 97405
    $640K +11% y/y
  • Eugene
    $528K 0% y/y
No chart available
Statistics calculated by Movoto

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5/10
Adams Elementary School
public Grades K-5
Eugene School District 4j
5/10
Roosevelt Middle School
public Grades 6-8
Eugene School District 4j
8/10
South Eugene High School
public Grades 9-12
Eugene School District 4j
Source: GreatSchools.org © 2026. All rights reserved.

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