Movoto Real Estate
  • Exterior
  • Entry Way
  • Kitchen
  • Dining
  • Other
  • Living
  • Bedroom
  • Bath

655 Monroe St, Eugene, OR 97402

  • $475,000

  • bed

  • bath

  • 2,424

    Sqft ($196/Sqft)

Multi-family for sale 80 days
Movoto is helping 36 homebuyers near you

About 655 Monroe St

Property type Multi-family
Neighborhood
Year built 1890
HOA fee $0/month
Lot size 3,920 Sqft
Movoto estimate
Rental estimate
Property description
WHITEAKER CHARM WITH STRONG CASH FLOW AND DESIGNER LEVEL UPGRADES. This beautifully restored 1890 Queen Anne offers the rare combination of historic character, modern finishes, and proven income performance. The downstairs 3 bedroom, 1 bath unit has been completely remodeled and operates as a successful short term rental averaging approximately $2,900 per month. Thoughtfully redesigned from top to bottom, it features all new flooring, fresh interior paint, upgraded trim, curated designer lighting, and elevated hardware throughout. The kitchen showcases new cabinetry, solid surface countertops, a stylish tile backsplash, and a full suite of new stainless steel appliances. The bathroom has been tastefully renovated with updated vanity, fixtures, mirrors, and contemporary finishes that create a polished, move in ready experience. Furnishings are negotiable, offering flexibility for a seamless transition to the next owner. Upstairs, the 1 bedroom, 1 bath unit is occupied by a long term tenant paying $700 per month, providing consistent baseline income and added stability. Located just moments from Sweet Life, the Beer Garden, parks, and downtown Eugene, this property delivers both lifestyle appeal and investment strength. Financials available upon request. Showings available with accepted offer due to occupied long term tenant.
Listed by
Listing Agent - Daniel Gandee
Listing Agent Contact: Dan@theoperativegroup.com
Listing Office - Real Broker
Source: RMLS mls logo
MLS#726412931 • last updated 1 week ago
Movoto checked RMLS for data 6 minutes ago
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Overview
Cooling/AC MiniSplit, WindowUnit
Heating MiniSplit, WallHeater
MLS # 726412931
Type Multi Family
Status Active
Lot Size (SqFt) 3920
Lot Size (Acres) 0.09
Property Tax 3469.54
Year Built 1890
Exterior
Roof Composition
Exterior Features Wood Siding
Lot Desc Level
Amenities / Utilities
Hot Water Electricity, Tank
Sewer/ Septic Public Sewer
Water Source Public Water
Location
County Lane
Community Features Front Yard Landscaping
Subdivision Whitaker
Area 243 - Lane Co: East Eugene
Elementary School River Road
Middle School Kelly
High School North Eugene
Zoning C-2
Directions Yellow Home Between 6th & 7th Ave On Monroe St.
APN 265940
Multifamily Details
Unit Type 1: # Bedrooms 3
Unit Type 1 : Total Baths 1
Unit Type 2: # Bedrooms 1
Unit Type 2: Total Baths 1
Unit Type 1: Rent 2922
Unit Type 2: Rent 700
Total # of Units 2
Gross Rent Multiplier 9.79
Net Operating Income 29046
Operating Expense 19475
Gross Income 48521
Cap Rate 6.11
Lot/ Land Details
Road Surface Paved
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Source: GreatSchools.org © 2026. All rights reserved.

Around Whiteaker

Explore everything this neighborhood has to offer. Learn more about Whiteaker.
78/100
Walk
66/100
Family
75/100
Dining
90/100
Pet
  • Real Estate
  • OR
  • Lane County
  • Eugene
  • 97402
  • Whiteaker
  • 655 Monroe St

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