1259 MONROE St, Eugene, OR 97402

• 2,358 sqft

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, partially furnished, with new heat pump & ductless mini-splits, plus new roof in 2023. There is an additional 524 sq ft of unfinished area with potential for future expansion or an additional rental. The back home provides 880 sq ft 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.

Listing Status:

Active

Date Added:

July 4, 2026

Data Last Updated:

July 29, 2026 at 4:40AM

Listing Office:

Windermere RE Lane County : 541-484-2022

Listing Agent:

Mary Reilly : 541-912-4140

MLS ID:

178796018

Interior

• A/C: Heat pump
• Heating: DuctlessHeat pumpWall heater

Exterior

• General: Other
• Parking: DrivewayOn streetParking spaces: 1

Construction

• Roofing: Composition
• General: Block

Location

• Road/Access: Paved
• Golf: Laundry
• Originating MLS: Regional Multiple Listing ServiceInc.
• County: Lane

Lot

• Zoning: S-JW17-03-31-32-095000271922

Utilities

• Water: Public water
• Sewer: Public sewer

Financial

• Source: Regional Multiple Listing ServiceInc.