655 MONROE ST, Eugene, OR 97402 | MLS #726412931 | Berkshire Hathaway HomeServices Northwest Real Estate
 
Listing provided courtesy of Real Broker- MLS# 726412931MLS ProviderContact Information: 458-209-0163

655 MONROE STEugene, OR 97402

Multi-Family · 2,424 Sq. ft. | 0.09 Acres
$475,000 Active

655 MONROE ST Overview

Time on Site:
101 days
Visits:
0

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.

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map

655 MONROE ST Facts & Features

  • Type Multi-Family
  • Sq. ft. 2,424
  • Price/Sq.ft. $196
  • Lot 0.09 Acres

Details

General

School Information

  • Elementary School: River Road
  • Middle Or Junior School: Kelly
  • High School: North Eugene

Income/Expenses

  • Gross Income: 48521.0
  • Net Operating Income: 29046.0
  • Operating Expense: 19475.0

Building Information

  • Year Built: 1890

Location/Region

  • Country: US
  • County Or Parish: Lane
  • MLS Area Major: 243 - Lane Co: East Eugene
  • Subdivision Name: Whitaker

Community/Development

  • Community Features: Front Yard Landscaping

Rent/Lease Information

  • Rent Includes: None

Tax Information

  • Tax Annual Amount: 3469.54
  • Tax Year: 2025

General Information

  • Disclosures: Disclosure
  • Listing Terms: Cash,Conventional,FHA,VA Loan
  • Parcel Number: 0265940
  • Property Condition: Updated/Remodeled
  • Property Type: Multi Family
  • Zoning: C-2

Interior

Building Interior

  • Building Area Total: 2424.0

General Information

  • Basement: Finished,Storage Space
  • Cooling: Mini Split,Window Unit(s)
  • Foundation Details: Concrete Perimeter
  • Heating: Mini Split,Wall Heater
  • Security Features: Entry,Sidewalk
  • Stories: 2

Exterior

Parking Information

  • Parking Features: On Street
  • Parking Total: 0

Lot Information

  • Lot Features: Level
  • Lot Size Square Feet: 3920.0
  • Road Surface Type: Paved
  • Water Source: Public Water

Building Exterior/Construction

  • Roof: Composition

General Information

  • Number Of Units Total: 2
  • Sewer: Public Sewer

655 MONROE ST Neighborhood

Community

97402 (Eugene) Demographics

37
Median Age
695
Population Density (per sq. mile)
34%
College Educated
$46,504
Estimated Median Income
10,344
Estimated Total Home Owners
11,438
Estimated Total Renters
47% / 53%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

655 MONROE ST Monthly Cost

$
$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

655 MONROE ST Market Data

Based on the last 30 days in this zip code

$420,543
Average List Price
$264
Average Price per Square Foot
52
Properties Sold
87
Average Days on Market
215
Properties for Sale
Calculations provided by Reliance Network

655 MONROE ST History

Date Event Value Agent
3/20/2026Source: Regional MLS Added to Database
March 20, 2026