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561 Madison St, Eugene, OR 97402

  • $399,000

  • —

    bed

  • —

    bath

  • 2,218

    Sqft ($180/Sqft)

Multi-family pending
Movoto is helping 36 homebuyers near you

About 561 Madison St

Property type Multi-family
Neighborhood
Year built 1918
HOA fee $0/month
Lot size 4,356 Sqft
Rental estimate
Property description
New price $399,000. Great investment opportunity in this Jefferson Westside/Whiteaker Neighborhood duplex that's downtown with a great walk-score! Each unit offers 2 bedrooms and 1 full bathroom. The main level unit has a fireplace, coved ceilings, and a covered front porch. 4 driveway parking spaces behind the building off the alley. This duplex can be purchased with the neighboring duplex at 577 Madison for $750k. Do not disturb tenants. Total monthly rent for 561 Madison is: $3040/mo
Listed by
Listing Agent - Kit Sixel
Listing Agent Contact: 541-954-1915
Listing Office - Sixel Real Estate
Source: RMLS mls logo
MLS#357840694 • last updated 2 weeks ago
Movoto checked RMLS for data 4 minutes ago
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Overview
Cooling/AC None
Heating Baseboard
MLS # 357840694
Type Multi Family
Virtual Tour External Link
Status Pending
Lot Size (SqFt) 4356
Lot Size (Acres) 0.1
Property Tax 2531.84
Year Built 1918
Exterior
Roof Composition
# Parking Spaces 2
Exterior Features LapSiding, WoodSiding
Lot Desc Level
Amenities / Utilities
Hot Water Electricity
Sewer/ Septic Public Sewer
Water Source Public Water
Location
County Lane
Subdivision North Eugene Mixed Whiteaker
Area 245 - Lane Co: West Eugene
Elementary School River Road
Middle School Kelly
High School North Eugene
Zoning C2
Directions W 6th Ave To Madison
APN 263770
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 1: Rent 1845
Unit Type 2: Rent 1195
Total # of Units 2
Gross Rent Multiplier 10.94
Net Operating Income 33948
Operating Expense 2532
Gross Income 36480
Cap Rate 8.51
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4/10
Kelly Middle School
public Grades 6-8
Eugene School District 4j
3/10
North Eugene High School
public Grades 9-12
Eugene School District 4j
Source: GreatSchools.org © 2026. All rights reserved.

Around Whiteaker

Explore everything this neighborhood has to offer. Learn more about Whiteaker.
View homes for sale in Whiteaker
86/100
Walk
66/100
Family
75/100
Dining
90/100
Pet
  • Real Estate
  • OR
  • Lane County
  • Eugene
  • 97402
  • Whiteaker
  • 561 Madison St

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