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1259 Monroe St, Eugene, OR 97402

$599,000
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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, mostly furnished, with new heat pump & ductless mini-splits, plus new roof in 2023. There is an additional 524 sq ft and 3 rooms with potential for future expansion or an additional rental. The back home provides 880 sq ft, mostly furnished, 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.

1259 Monroe St | MLS# 336277211

This single family home located at 1259 Monroe St, Eugene, OR 97402 is currently listed for sale with an asking price of $599,000. This property was built in 1915 and has 4 bedrooms and 2 full baths with 2358 sq. ft. Monroe St is located in the JEFFERSON WESTSIDE NEIGHBORS subdivision. Search JEFFERSON WESTSIDE NEIGHBORS real estate on www.bendpremierrealestate.com today.

Property Features

Property Type: Residential - Single Family
Cooling: Heat Pump, MiniSplit
Fenced: Yes
Fuel Type: Electricity, Gas
Garage: 1
Heating: Forced Air, Heat Pump
Home Style: 1 Story, Craftsman
Lot Size: 0.14 Acres
Roof Type: Composition
Stories: 2.0
Taxes: $3,968
Year Built: 1915
Square Feet: 2,358

Feature Descriptions

Bathroom: 2.0 (Main)
Days on Site: 17
Exterior: Other
Exterior: Covered Patio, Fenced, Porch
Hot Water: Electricity
Interior: High Ceilings, Separate Living Quarters-Apartment-Aux Living Unit, Wall to Wall Carpet, Washer-Dryer
Kitchen: Dishwasher, Free-Standing Gas Range, Island, Range Hood
Lot: Level, Public Road
Parking Notes: Detached, Driveway, OnStreet
Rental Amount: $1200.00
Sewer: Public Sewer
Square Footage: 1434 (Main), 400 (Upper)
Water: Public Water

Room Sizes

4th Bedroom: 12 X 9 Level - Upper
Loft: 20 X 13 Level - Upper
Family Room: 8 X 9 Level - Main
2nd Bedroom: 9 X 10 Level - Main
3rd Bedroom: 9 X 9 Level - Main
Dining Room: 8 X 12 Level - Main
Kitchen: 12 X 10 Level - Main
Living Room: 14 X 11 Level - Main
Primary Bedroom: 13 X 11 Level - Main

Local Schools

High School: Churchill
Middle School: Arts & Tech
Elementary School: Cesar Chavez

Listed By / Shown By

Listed By

Agency Name: Windermere RE Lane County
Agency Contact: 541-912-4140

Shown By

Agency Title: Bend Premier Real Estate
Agency Phone: 541-323-2779

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Estimated Payment

$ 3,534.24 per month $3,028.87 Principal & Interest $330.67 Property Tax $174.71 Homeowner's Insurance

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